Trudeau-Freeland Rift Deepens as Canada Faces Fiscal and Political Crisis

Prime Minister Trudeau and Finance Minister Freeland are at odds over spending, raising questions about government stability and economic direction.

Finance Minister Chrystia Freeland is expected to miss the deficit target of $40 billion, with projections now reaching up to $60 billion for the last fiscal year.
Freeland and Trudeau reportedly disagree on new spending measures, including a GST holiday and $250 checks, which critics label as ineffective and politically motivated.
Speculation is growing about Freeland's future, with reports suggesting Trudeau is courting former Bank of Canada governor Mark Carney to replace her as Finance Minister.
The government has abandoned key fiscal anchors, raising concerns about long-term economic stability and leaving Canada vulnerable to external economic shocks, including potential U.S. tariffs under President-elect Donald Trump.
Calls for an election are intensifying as Trudeau's government faces internal divisions, declining public support, and mounting challenges at home and abroad.