Home Canada Chrystia Freeland Resigns as Deputy Prime Minister and Finance Minister

Chrystia Freeland Resigns as Deputy Prime Minister and Finance Minister

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Photo: Chrystia Freeland X

Deputy Prime Minister Chrystia Freeland announced her resignation from cabinet on Monday, stepping down from her roles as both Deputy Prime Minister and federal Finance Minister. The surprising move comes as the Liberal government faces increasing pressure to reposition itself ahead of the next federal election.

In a letter released early Monday morning, Freeland confirmed her decision to leave her cabinet posts but emphasized her intention to remain active in federal politics. She stated she would continue to represent her Toronto riding and plans to run for re-election in the next federal campaign.

“This decision was not made lightly, but I believe it is the right moment for me to step back from cabinet responsibilities while continuing to serve my constituents and Canadians,” Freeland wrote in her statement. “I remain fully committed to advancing the values we share and working toward a strong, equitable, and prosperous Canada.”

Freeland’s resignation leaves a significant gap in Prime Minister Justin Trudeau’s cabinet. Widely regarded as one of the government’s most capable and influential ministers, she has been at the forefront of some of the most pivotal files during her tenure. As Finance Minister, Freeland guided Canada through the economic challenges posed by the COVID-19 pandemic and oversaw the rollout of critical financial support programs.

In addition to her role in economic policy, Freeland was instrumental in renegotiating the United States-Mexico-Canada Agreement (USMCA) during her time as Foreign Affairs Minister and played a central role in addressing international issues, including Canada’s response to the war in Ukraine.

Prime Minister Trudeau has not yet commented publicly on Freeland’s resignation, but the news comes at a time when the Liberal government is expected to undergo significant changes. Analysts speculate that Trudeau may use the opportunity to bring fresh faces into senior roles as part of a larger cabinet shuffle.

Freeland’s departure from cabinet is likely to spark speculation about her political future. While she has reaffirmed her intention to run in the next election, some observers suggest that her resignation could signal a longer-term strategic move, possibly positioning her for leadership within the Liberal Party.

In her letter, Freeland expressed gratitude for her time in cabinet and optimism about Canada’s future. “It has been the honour of my life to serve in these roles, but leadership is about recognizing when it is time to pass the torch,” she said. “Canada faces challenges, but I have never been more confident in the strength and resilience of our country and our people.”

Freeland’s decision marks the end of a key chapter in Trudeau’s government, leaving questions about who will take on the critical Finance Ministry portfolio and how her absence will reshape the Liberal cabinet heading into the next election.

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