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Finance Minister Chrystia Freeland Quits Cabinet Amid Disagreement with Trudeau on Trump Tariff Policy

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Chrystia Freeland has resigned from her position as finance minister in the Canadian government, citing fundamental disagreements with Prime Minister Justin Trudeau over Canada's response to US President-elect Donald Trump's economic nationalism and tariffs. Freeland's resignation comes at a critical time, as she was set to present the country's first economic plan in Washington, which was expected to reveal a significant increase in the budget deficit for 2023/24.

    1. We cannot accept this kind of chaos, division, weakness, while we're staring down the barrel of a 25 per cent tariff from our biggest trading partner.
    2. Justin Trudeau has lost control, but he's hanging onto power.
    3. All this chaos, all this division, all this weakness is happening as our largest neighbor and closet ally is imposing 25% tariffs under a recently elected Trump with a strong mandate, a man who knows how to identify weakness.
    1. We need to take that threat extremely seriously.
    2. For the past number of weeks, you and I have found ourselves at odds about the best past forward for Canada.
    3. Our country today faces a grave challenge. The incoming administration in the United States is pursuing a policy of aggressive economic nationalism, including a threat of 25% tariffs.
    4. That means pushing back against 'America First' economic nationalism with a determined effort to fight for capital and investment and the jobs they bring. That means working in good faith and humility with the Premiers of the provinces and territories of our great and diverse country, and building a true Team Canada response.
    5. I will always be grateful for the chance to have served in government and I will always be proud of our government's work for Canada and Canadians.
    6. On Friday, you told me you no longer want me to serve as your Finance Minister.
    7. There was talk about her becoming foreign minister again and that would have been a good fit for her, but the stab in the back from the prime minister's office cast the die.
    8. To be effective, a minister must speak on behalf of the prime minister and with his full confidence.
    9. In making your decision, you made clear that I no longer credibly enjoy that confidence.
    1. I'm calling on Justin Trudeau to resign. He has to go.
    2. This is clearly a minority government on life support but, until now, the (opposition) NDP has rejected calls to pull the plug on it. It's hard to know whether this resignation will force the NDP to rethink its strategy.
    3. While the Liberals fight with each other, I believe we should be fighting for Canadians jobs at risk from Donald Trump's tariffs.
    1. Given what's happening with the tariffs … one of the things that gave me comfort was that you were going to have someone like Freeland [in Trudeau's team].
    1. Freeland was not only finance minister but also deputy prime minister and, until a couple of years ago, was seen as Trudeau's heir as Liberal leader and prime minister.