Canadian Political Turmoil Deepens with Finance Minister Freeland’s Resignation

Prime Minister Justin Trudeau faces mounting calls to step down as his approval ratings plummet and the Canadian dollar weakens.

Chrystia Freeland, Canada’s finance minister and deputy prime minister, resigned after disagreements with Justin Trudeau over fiscal policy and his response to U.S. tariff threats.
Freeland criticized Trudeau’s proposed financial measures, calling them ‘gimmicks,’ and urged fiscal restraint as Canada confronts economic challenges, including a $62 billion deficit.
The resignation has intensified internal dissent within Trudeau’s Liberal Party, with roughly one-third of party MPs reportedly pushing for him to step down before the next election.
The Canadian dollar has hit its lowest level since March 2020, exacerbated by economic uncertainty and Trump’s proposed 25% tariffs on Canadian imports to the U.S.
Trudeau’s approval rating has dropped to 28%, and opposition leader Pierre Poilievre is leading in polls by 20 points, increasing speculation about early elections.