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Freeland quits cabinet, at odds with ̨MM about best path for Canada

Finance minister says she is committed to running again for her seat in next federal election
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Chrystia Freeland delivers remarks on Parliament Hill in Ottawa on December 11, 2024. Freeland announced today she is leaving her cabinet post as finance minister. THE CANADIAN PRESS/Spencer Colby

Finance Minister Chrystia Freeland has resigned from cabinet on the day she is set to present the government’s fall economic statement.

In a resignation letter posted to social media, she said Prime Minister Justin ̨MM offered her another role in cabinet on Friday, but that the only “honest and viable path” is to leave cabinet.

In the letter, which was addressed to ̨MM, Freeland said she and the prime minister have found themselves at odds about the best path forward for Canada.

“To be effective, a minister must speak on behalf of the prime minister and with his full confidence. In making your decision, you made clear that I can no longer credibly enjoy that confidence and possess the authority that comes with it,” she said in the letter.

The Globe and Mail has reported that ̨MM has been working to recruit former Bank of Canada governor Mark Carney to join cabinet amid rising tensions with Freeland.

Freeland said in her letter that Canada faces a grave challenge with the incoming Trump administration and its threat of tariffs.

She said the government needs to take the threat seriously and that means “eschewing costly political gimmicks.”

The government’s move to offer a two-month GST break on certain goods over the holidays has received lukewarm support from consumers and businesses.

Freeland also said she is committed to running again for her seat in the next federal election.





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