Canada’s Finance Minister Chrystia Freeland has resigned from the federal cabinet, citing differences with Prime Minister Justin Trudeau.
The resignation was submitted through a letter sent to Trudeau on Monday, just hours before Freeland was set to deliver the country’s annual budget address.
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According to Reuters, the resignation stems from ongoing disagreements between Freeland and Trudeau over key policy decisions. In her resignation letter, Freeland expressed concerns about advancing Canada’s economic policies under Trudeau’s leadership.
She emphasized the importance of preparing the country to counter potential economic threats, such as tariffs posed by newly elected U.S. President Donald Trump, which could have severe impacts on Canada’s economy.
Freeland also mentioned that stepping down was a “sincere and effective decision” given the circumstances. Analysts believe her resignation could pose one of the biggest political challenges in Trudeau’s career.
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Reports indicate that Freeland’s resignation follows a suggestion from Trudeau last Friday, where he reportedly proposed that Freeland take on a different role within the cabinet, a move she declined.
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This development adds significant pressure to Trudeau’s government as it navigates internal tensions and public scrutiny over economic policies.
