There was a major political upheaval in Canada on Monday morning when Finance Minister Chrystia Freeland resigned from her post. Freeland wrote a letter to Prime Minister Trudeau resigning from the post. After the resignation of Finance Minister Chrystia Freeland, her differences with Prime Minister Justin Trudeau regarding financial policies came to the fore.
In this letter he wrote, ‘You do not want to see me as Finance Minister. It would be better if I honestly step out of the cabinet. See here what Finance Minister Cristia wrote in detail in his letter-
Why Freeland’s resignation?
- Freeland disagreed with Trudeau on recent fiscal policies.
- He believed that sales tax exemptions and cash assistance schemes were “costly political moves” that could harm economic stability.
- He stressed fiscal prudence in view of the threat of possible tariffs from the US.
Freeland’s resignation letter revealed disagreements with Trudeau over recent economic measures, including a proposed sales tax holiday and direct payments to Canadians. He argued that Canada should avoid “costly political maneuvering” in the face of potential tariffs from U.S. President-elect Donald Trump. Freeland stressed the need for fiscal prudence to prepare for a potential trade conflict.
