OTTAWA — Former finance minister Chrystia Freeland will announce her intention to run for the Liberal party leadership just before the U.S. presidential inauguration, a source close to her campaign team says.
Freeland's first policy promise will be to impose dollar-for-dollar tariffs on U.S. imports to match the cost of tariffs U.S. president-elect Donald Trump has vowed to impose on Canada.
Trump has promised to impose 25 per cent tariffs on all imports from Canada and Mexico on Jan. 20, the day he is inaugurated. Freeland resigned from cabinet in December days after Prime Minister Justin Trudeau informed her he would be replacing her as finance minister with former Bank of Canada governor Mark Carney.
In her resignation letter, she indicated she had policy disagreements with Trudeau — including over the GST holiday, which she referred to as gimmicky politics the country could ill afford.This report by The Canadian Press was first published Jan. 13, 2025.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Several top Liberals say they're eyeing leadership — but they're waiting to see the rules firstLiberal MP Chrystia Freeland, former minister of finance and deputy prime minister, leaves a Liberal Party caucus meeting in West Block on Parliament Hill, in Ottawa, Wednesday, Jan. 8, 2025.
Read more »
Ottawa stunned: Chrystia Freeland's unexpected resignation sparks reactions from all sidesDeputy Prime Minister and Minister of Finance Chrystia Freeland leaves the Prime Minister's Office in the West Block of Parliament Hill in Ottawa on Tuesday, Dec. 3, 2024.
Read more »
After Freeland’s departure, Ottawa’s response to Trump up in the airFinance Minister Chrystia Freeland's shocking resignation comes at a time when the Canadian economy – and government – face intense headwinds.
Read more »
Ottawa fiscal update mired in uncertainty amid tariff fears, Freeland exitThe Liberal government’s fall economic statement arrived in a cloud of controversy Monday after Chrystia Freeland’s abrupt resignation as the minister of finance.
Read more »
Chaos in Ottawa as Freeland’s resignation upends the CommonsReporters awaiting was what supposed to be the big political news of the day – the resignation of Housing Minister Sean Fraser – sucked air in through their teeth as Chrystia Freeland’s letter landed
Read more »
Freeland's Resignation Exposes Liberal Government's IncompetenceChrystia Freeland's resignation highlights the Liberal government's chronic failures to address Canada's pressing issues, ranging from housing and military preparedness to immigration and economic mismanagement. The looming trade war with the US further underscores their lack of effective leadership.
Read more »