Canadian Prime Minister Justin Trudeau appointed his close ally and deputy Chrystia Freeland as the country's new finance minister on Tuesday amid plans to outline a revamped agenda and pandemic recovery plan.
OTTAWA - Canadian Prime Minister Justin Trudeau appointed his close ally and deputy Chrystia Freeland as the country’s new finance minister on Tuesday amid plans to outline a revamped agenda and pandemic recovery plan.
The appointment comes after a tumultuous week for the government that ended in Morneau’s departure. Sources told Reuters that Morneau and Trudeau had clashed over pandemic spending, including on green initiatives the prime minister views as key for the economy. Freeland now will be tasked with reviving an economy crippled by the COVID-19 pandemic, with the budget deficit this fiscal year forecast to hit C$343.2 billion . That would be the largest shortfall since World War Two.
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