Canada's Trudeau names ally Freeland as finance minister in agenda reset

By Steve Scherer and David Ljunggren OTTAWA (Reuters) - 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. Freeland, 52, a former journalist and foreign minister, becomes the country's first female finance minister, replacing Bill Morneau who resigned on Monday amid friction with Trudeau

Reuters August 19, 2020 01:10:36 IST
Canada's Trudeau names ally Freeland as finance minister in agenda reset

Canadas Trudeau names ally Freeland as finance minister in agenda reset

By Steve Scherer and David Ljunggren

OTTAWA (Reuters) - 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.

Freeland, 52, a former journalist and foreign minister, becomes the country's first female finance minister, replacing Bill Morneau who resigned on Monday amid friction with Trudeau.

The appointment comes after a tumultuous week for the government that ended in Morneau's resignation as finance minister on Monday night. 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, who is considered Trudeau's most likely successor as Liberal Party leader, spearheaded negotiations of the United States-Mexico-Canada (USMCA) trade pact as Canada's foreign minister. That experience and her relationships with provincial premiers make her a good choice, economists said.

Freeland remains deputy prime minister.

(Additional reporting by Julie Gordon, Kelsey Johnson; Editing by Alex Richardson, Dan Grebler and Paul Simao)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

also read

France, Germany to agree to NATO role against Islamic State - sources
| Reuters
World

France, Germany to agree to NATO role against Islamic State - sources | Reuters

By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States

China's Xi says navy should become world class
| Reuters
World

China's Xi says navy should become world class | Reuters

BEIJING Chinese President Xi Jinping on Wednesday called for greater efforts to make the country's navy a world class one, strong in operations on, below and above the surface, as it steps up its ability to project power far from its shores.China's navy has taken an increasingly prominent role in recent months, with a rising star admiral taking command, its first aircraft carrier sailing around self-ruled Taiwan and a new aircraft carrier launched last month.With President Donald Trump promising a US shipbuilding spree and unnerving Beijing with his unpredictable approach on hot button issues including Taiwan and the South and East China Seas, China is pushing to narrow the gap with the U.S. Navy.Inspecting navy headquarters, Xi said the navy should "aim for the top ranks in the world", the Defence Ministry said in a statement about his visit."Building a strong and modern navy is an important mark of a top ranking global military," the ministry paraphrased Xi as saying.