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.
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Canadian PM Mark Carney expected to call a federal election for April 28, government sources say.
Canadian Prime Minister Mark Carney has announced a national trade plan and relief measures as Canada faces rising economic pressure from U.S. tariffs.
Brazilian Finance Minister Fernando Haddad urged the European Union to consider the political significance of its trade deal with Mercosur rather than focusing solely on economic factors.
French far-right leader Marine Le Pen said on Monday that a court's decision to bar her from office for misuse of European funds ruled her out of the 2027 presidential election, adding she had no confidence in an appeal being heard before the vote.
On March 31, 2025, European diplomats met in Madrid to discuss the ongoing war in Ukraine and the need for Russia to agree to a ceasefire.
President Trump confirmed he is serious about a potential third term, despite constitutional limits, saying it is “far too early” to decide. While U.S. presidents are restricted to two terms, Trump allies are exploring ways to challenge this rule ahead of the 2028 election.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing 2056 people and leaving 3,900 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
Brazilian Finance Minister Fernando Haddad urged the European Union to consider the political significance of its trade deal with Mercosur rather than focusing solely on economic factors.
French far-right leader Marine Le Pen said on Monday that a court's decision to bar her from office for misuse of European funds ruled her out of the 2027 presidential election, adding she had no confidence in an appeal being heard before the vote.
On March 31, 2025, European diplomats met in Madrid to discuss the ongoing war in Ukraine and the need for Russia to agree to a ceasefire.
President Trump confirmed he is serious about a potential third term, despite constitutional limits, saying it is “far too early” to decide. While U.S. presidents are restricted to two terms, Trump allies are exploring ways to challenge this rule ahead of the 2028 election.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
Brazilian Finance Minister Fernando Haddad urged the European Union to consider the political significance of its trade deal with Mercosur rather than focusing solely on economic factors.
French far-right leader Marine Le Pen said on Monday that a court's decision to bar her from office for misuse of European funds ruled her out of the 2027 presidential election, adding she had no confidence in an appeal being heard before the vote.
On March 31, 2025, European diplomats met in Madrid to discuss the ongoing war in Ukraine and the need for Russia to agree to a ceasefire.
President Trump confirmed he is serious about a potential third term, despite constitutional limits, saying it is “far too early” to decide. While U.S. presidents are restricted to two terms, Trump allies are exploring ways to challenge this rule ahead of the 2028 election.
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