Politics

August 18, 2020

Trudeau names Freeland as Canada's finance minister

Image by ElasticComputeFarm from Pixabay 

The Gist

Chrystia Freeland, Canada's deputy prime minister, has been named finance minister by Trudeau, becoming the first woman in the role.

The List

  • Bill Morneau, after five years in the role,  stepped down from the finance job due to pressure from the opposition parties. 
  • Freeland will now be responsible for guiding Canada's economy through recovery from the coronavirus pandemic.  
  • Freeland is one of Trudeau's most successful ministers - she excelled as a negotiator of the North American free-trade agreement.
  • As an intergovernmental affairs minister, Freeland played a crucial role in dealing with Canada's hostile provincial governments.
  • Freeland will have a difficult task providing fiscal policy support during the recovery while also containing budget deficit. 

Additional information

We'd love to help you learn more about what's happening