Chrystia Freeland resigned as deputy prime minister and finance minister Monday, derailing the Liberals’ fall economic update. Freeland cited a lack of confidence from Prime Minister Justin Trudeau and differences over Canada’s fiscal path.
In her resignation letter, Freeland warned of challenges posed by the incoming Trump administration and criticized costly “political gimmicks.” She will remain an MP and plans to run in the next election. Officials delayed the fall economic statement, expected to feature measures boosting business investment, extending tax breaks, and reforming the SR&ED program. The government has yet to confirm its next steps.
Want to know more? Check out the source code on The Logic.