Ottawa: Prime Minister Justin Trudeau has appointed Dominic LeBlanc as Canada’s new Finance Minister after Chrystia Freeland’s sudden resignation left the government in turmoil. Freeland, who stepped down citing differences with Trudeau over economic policies, exited just hours before she was set to present Canada’s fiscal update, creating a vacuum in the country’s leadership.
Who is Dominic LeBlanc
LeBlanc, 57, takes charge at a critical time as Canada struggles with rising deficits and looming economic uncertainties. A close ally of Trudeau, LeBlanc has served in key cabinet roles since the Liberals came to power in 2015, most recently as Public Safety Minister.
LeBlanc Steps Up Amid Tough Challenges
LeBlanc’s appointment comes at a time when Canada is grappling with a growing fiscal deficit, which reached C$62 billion last year—about C$22 billion higher than projected. This year’s deficit is also expected to exceed earlier estimates, putting added pressure on the new finance minister to restore economic stability.
Speaking to reporters after taking charge, LeBlanc acknowledged the challenges ahead. “We understand that the cost of living for a huge, huge number of Canadians is a very significant issue,” he said, emphasizing that easing economic strain on citizens would be his top priority.
He also addressed concerns about Canada’s trade relations, particularly with the United States, where tariffs on Canadian and Mexican goods remain a major threat. “We need to also be extremely focused on the challenges that the incoming American administration will pose with respect to the potential imposition of tariffs,” LeBlanc said.
LeBlanc’s close ties to Trudeau make him a trusted figure in the government. His recent role as Public Safety Minister saw him play a significant part in Canada’s border security and trade responses. Notably, he accompanied Trudeau last month to Florida for talks with Donald Trump , underlining his importance in handling Canada’s relationship with its largest trading partner.
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