The Liberal government’s latest efforts to make it easier for young Canadians to buy a home will also help fix the housing supply crunch, Finance Minister Chrystia Freeland argued Tuesday. The deputy prime minister spoke to reporters about last week’s announcement that Ottawa would make 30-year mortgage amortizations available on all new builds and for … Read more
Canada is “absolutely” considering following a major proposal by the United States to ban Chinese automotive technology, Finance Minister Chrystia Freeland told reporters Tuesday. This comes after the White House announced Monday a proposal to ban Chinese software and hardware in connected vehicles on American roads due to national security concerns. The move would mark … Read more
The Liberal government on Monday announced proposed changes to the Canadian mortgage market, expanding the availability of 30-year amortizations and raising the cap on insured mortgage products. First-time homebuyers, as well as those purchasing new builds, will soon be able to take out insured mortgages with a 30-year amortization, up from the typical 25-year payback … Read more
Liberal MPs, including Deputy Prime Minister Chrystia Freeland, are criticizing the use of public funds for a controversial documentary depicting Russian soldiers fighting in Ukraine that has been called “Russian propaganda.” The film, Russians at War, is having its North American premiere at the Toronto International Film Festival on Tuesday. It was helmed by a Russian Canadian … Read more
Contentious changes to how capital gains are taxed in Canada will bring in billions less in revenue for the government than Ottawa was expecting when it tabled the 2024 federal budget, according to the Parliamentary Budget Officer. The PBO on Thursday tabled a probe of Liberal measures to hike the inclusion rate on capital gains … Read more
A Liberal MP dismissed recent media reports that Deputy Prime Minister Chrystia Freeland could be on her way out politically, calling speculation her job may be in jeopardy “whispers in the shadows.” James Maloney, who represents a riding in west Toronto, defended Freeland at a news conference Monday where she was asked by reporters about … Read more
The name on the lips of politicos, reporters and Liberal insiders in Ottawa over the past few weeks does not hold a position in government and has never even run for a seat in Parliament: Mark Carney. But Prime Minister Justin Trudeau confirmed to reporters last week that he’s been speaking to Carney “for years” … Read more
Chrystia Freeland says she has the “confidence” she needs to continue serving as deputy prime minister and finance minister, after reports of “tension” between her and the prime minister’s office over her handling of the economic file. “To serve as minister in a cabinet, you do need the support and confidence of the prime minister. … Read more
Descrease article font size Increase article font size Justin Trudeau on Thursday reaffirmed his “full confidence” in Chrystia Freeland amid reports of tension between the prime minister’s office and the finance minister. Speaking at the close of the North Atlantic Treaty Organization summit in Washington, D.C., Trudeau was asked about the possibility of replacing Freeland … Read more
Deputy Prime Minister Chrystia Freeland says she still has faith in Prime Minister Justin Trudeau’s leadership, after the party lost what was once considered one of the safest Liberal seats in the country. “The prime minister is committed to leading us into the next election and he has our support,” said Freeland at a news … Read more
