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Latest news on Chrystia Freeland, former Canadian Deputy PM and Finance Minister now running in Liberal leadership race after her dramatic cabinet exit.

Chrystia Freeland, who served as Canada's first female Finance Minister and Deputy Prime Minister until December 2024, has emerged as a leading contender in the 2025 Liberal leadership race. Her unexpected resignation from Justin Trudeau's cabinet over policy disagreements, particularly regarding tax policy and Trump's proposed tariffs, helped precipitate Trudeau's own departure announcement in January.

Since announcing her leadership bid on 17 January 2025, Freeland has proposed significant policy shifts, including working with provinces to develop a new carbon pricing system, cutting the second income tax bracket rate, and capping credit card interest rates. She has committed to meeting NATO's 2% GDP defence spending target by 2027 and has pledged to implement automatic leadership reviews at permanent biennial conventions.

Before entering politics, Freeland built a distinguished career as a journalist and author, serving in senior roles at the Financial Times, The Globe and Mail, and Reuters. Her books on Russia's transition to capitalism and global wealth inequality became international bestsellers. She first entered Parliament in 2013 and quickly rose through cabinet positions including International Trade, Foreign Affairs, and Finance, earning the informal title "Minister of Everything" for her expanding portfolio.

Freeland's connection to Ukraine runs deep - she speaks fluent Ukrainian and was once surveilled by the KGB while supporting democratic activists there as a student. As Foreign Minister and Deputy PM, she played a crucial role in Canada's response to Russia's 2022 invasion of Ukraine, pioneering sanctions against Russia's central bank. Her economic expertise and international experience have made her a prominent voice on global issues.

Our Â鶹´«Ã½ feed provides comprehensive coverage of Chrystia Freeland's leadership campaign, policy proposals, and potential historical significance as she seeks to become Canada's second female Prime Minister. Stay informed about the latest developments leading up to the March 2025 Liberal leadership convention, where party members will choose their next leader.