Official announcement from the Canadian government or election authorities

LeBlanc Appointed Finance Minister After Freeland's Resignation Amid $61.9B Deficit

Dec 16, 2024, 09:45 PM

Canadian Prime Minister Justin Trudeau has appointed Dominic LeBlanc as the new Finance Minister and Minister of Intergovernmental Affairs, following the unexpected resignation of Chrystia Freeland ahead of the Fall Economic Update. LeBlanc, previously serving as Public Safety Minister and a member of Trudeau's inner circle, was sworn in on Monday at Rideau Hall. The cabinet reshuffle comes as the government's Fall Economic Update revealed a projected deficit of $61.9 billion. Freeland's resignation and the subsequent appointments mark significant changes in Trudeau's government as it navigates economic challenges.