Political tensions are mounting in Canada as Prime Minister Justin Trudeau faces growing criticism from opposition parties and challenges within his own administration.
President-elect Donald Trump recently joked about Canada becoming the 51st U.S. state, claiming on Truth Social that it would save Canadians on taxes and military expenses.
A Leger poll suggests that 13% of Canadians support the idea. Trump had previously made the same joke at a Mar-a-Lago dinner, linking it to combating fentanyl trafficking and illegal migration.
Since then, Trump has referred to Canadian Prime Minister Justin Trudeau as the "governor" of Canada, sparking further controversy.
Meanwhile, Trudeau is grappling with a political crisis following the resignation of Finance Minister Chrystia Freeland. Freeland opposed Trudeau’s policies, including a sales tax holiday and direct cash payments, which she criticized as "costly political gimmicks." She also expressed concern over Trump’s threat to impose 25% tariffs on Canadian goods, a key point of disagreement with Trudeau.
The situation escalated during heated debates in Canada’s House of Commons before the winter break. With Trudeau absent, opposition MP Andrew Scheer criticized his leadership, highlighting internal turmoil and a $62 billion budget deficit that exceeded the earlier $40 billion target.
In an effort to stabilize his administration, Trudeau appointed Dominic LeBlanc as finance minister. LeBlanc defended the government’s economic policies, emphasizing growth, support for Canadians, and a strong debt-to-GDP ratio.
Amid growing criticism and waning public support, with Conservatives polling at 43%, compared to the Liberals’ 23%, Trudeau rejected calls for his resignation. He reaffirmed his commitment to addressing challenges such as inflation, global conflicts, and threats to democracy.
With the Liberal Party holding a minority in Parliament, a confidence vote on Trudeau’s leadership is expected in early 2025.
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At the World Economic Forum in Davos, Canadian Prime Minister Mark Carney positioned Ottawa at the forefront of a ‘post-American’ economic order, calling for a radical restructuring of global trade to bypass Washington’s increasing volatility.
China and Canada have reached concrete arrangements to address trade disputes covering electric vehicles, steel and aluminum, canola, and agricultural and aquatic products, China’s Ministry of Commerce said on Friday.
Canada and China struck an initial trade deal on Friday that will slash tariffs on electric vehicles and canola, as both nations promised to tear down trade barriers while forging new strategic ties during Prime Minister Mark Carney's visit.
Canada and China moved toward a new strategic partnership on Friday as Prime Minister Mark Carney told President Xi Jinping in Beijing that closer cooperation could deliver “historic” economic gains for both countries.
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Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in President Donald Trump’s proposed ‘Board of Peace’.
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