Canada's Finance Minister Chrystia Freeland resigned unexpectedly, citing a policy disagreement with Prime Minister Justin Trudeau over his plans for increased government spending. Her departure happens just hours before presenting a crucial economic update.
Canada’s Finance Minister Chrystia Freeland unexpectedly resigned due to disagreements with Prime Minister Justin Trudeau, criticizing his proposed spending increases as "political gimmicks."
Her resignation came just hours before she was scheduled to present a fall economic update, which was expected to reveal a larger-than-anticipated budget deficit for 2023/24 under the minority Liberal government.
Freeland, 56, who also served as deputy prime minister, stepped down, leaving Trudeau without an important ally in his cabinet as polls suggest his party may face a heavy loss in the upcoming election.
In her resignation letter posted on X, Freeland stated, "For the last number of weeks, you and I have found ourselves at odds over the best path forward for Canada."
Freeland had served as finance minister since August 2020. Trudeau’s office did not immediately respond to her departure.
Reports indicated that Freeland and Trudeau had disagreed over proposals for temporary tax breaks and additional spending measures.
To fill the role, Trudeau appointed his close ally, Dominic LeBlanc, the public safety minister, who had recently joined him at a dinner with Donald Trump at Mar-a-Lago.
LeBlanc, after being sworn in, emphasized that he and Trudeau are prioritizing addressing the rising cost of living for Canadians and strengthening ties with Trump on issues like border security and economic policies.
Canada warns the U.S. to reach a trade deal by 21 July or face new steel and aluminium tariffs, as PM Carney vows to protect Canadian workers from U.S. measures.
Canada has issued a travel advisory urging its citizens to avoid travel to parts of the Middle East, citing heightened tensions between Israel and Iran. The warning comes amid ongoing military exchanges that have raised fears of broader regional instability.
Ukraine called for more support during the G7 summit in Canada. President Volodymyr Zelenskyy made a direct appeal at the two-day gathering, while Canada’s Prime Minister Mark Carney announced fresh sanctions on Russia and a major new aid package for Kyiv.
South Korea’s new president Lee Jae-myung will meet Japanese Prime Minister Shigeru Ishiba during the G7 summit in Canada, marking his first major diplomatic engagement.
President Donald Trump is cutting short his G7 trip and returning to Washington DC as tensions soar between Iran and Israel. After urging civilians to evacuate Tehran and warning Iran against nuclear ambitions, Trump said he must be back "for obvious reasons" amid rising fears of regional war.
Israeli fighter jets have destroyed three Iranian F-14s in the latest wave of airstrikes targeting central Iran, according to the IDF.
Germany’s federal government spent over 1.2 billion euros on software, licenses and IT services in 2024, more than 25% higher than the previous year.
UFC Fight Night in Baku is underway at Baku Crystal Hall, with the main card scheduled to begin at 11:00 PM.
Belarusian President Aleksandr Lukashenko met with U.S. Special Envoy for Ukraine Keith Kellogg in Minsk on Saturday to discuss Belarus–U.S. ties and regional security.
Uzbekistan’s Minister of Investment, Industry and Trade Laziz Kudratov and China Eximbank Chairman Chen Huaiyu signed a $500 million loan agreement for the telecom sector on June 21.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
Israeli fighter jets have destroyed three Iranian F-14s in the latest wave of airstrikes targeting central Iran, according to the IDF.
UFC Fight Night in Baku is underway at Baku Crystal Hall, with the main card scheduled to begin at 11:00 PM.
Belarusian President Aleksandr Lukashenko met with U.S. Special Envoy for Ukraine Keith Kellogg in Minsk on Saturday to discuss Belarus–U.S. ties and regional security.
Orkhan Nazarli, Head of Azerbaijan’s State Tax Service under the Ministry of Economy, held separate meetings with senior tax officials from Latvia and Montenegro during the 29th General Assembly of the Intra-European Organization of Tax Administrations (IOTA) in Baku.
The OIC's 51st ministerial session convenes in Istanbul to tackle pressing global and regional issues.
Israeli fighter jets have destroyed three Iranian F-14s in the latest wave of airstrikes targeting central Iran, according to the IDF.
Germany’s federal government spent over 1.2 billion euros on software, licenses and IT services in 2024, more than 25% higher than the previous year.
UFC Fight Night in Baku is underway at Baku Crystal Hall, with the main card scheduled to begin at 11:00 PM.
Belarusian President Aleksandr Lukashenko met with U.S. Special Envoy for Ukraine Keith Kellogg in Minsk on Saturday to discuss Belarus–U.S. ties and regional security.
Uzbekistan’s Minister of Investment, Industry and Trade Laziz Kudratov and China Eximbank Chairman Chen Huaiyu signed a $500 million loan agreement for the telecom sector on June 21.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment