Tag #Government Resignation

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theglobeandmail.com

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Dec 17, 16:14

Freeland Resigns as Canada's Finance Minister Amidst Deficit and Tariff Concerns

Canadian Finance Minister Chrystia Freeland resigned due to policy disagreements with Prime Minister Trudeau, revealing a deficit exceeding the cap by over $20 billion and highlighting concerns over potential US tariffs.

Freeland Resigns as Canada's Finance Minister Amidst Deficit and Tariff Concerns

Canadian Finance Minister Chrystia Freeland resigned due to policy disagreements with Prime Minister Trudeau, revealing a deficit exceeding the cap by over $20 billion and highlighting concerns over potential US tariffs.

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Decent Work and Economic Growth

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What are the immediate consequences of Chrystia Freeland's resignation as Canada's finance minister?

Chrystia Freeland resigned as Canada's finance minister, citing disagreements with Prime Minister Justin Trudeau over economic policy. This follows a fall economic statement revealing a deficit exceeding the government's cap by over $20 billion. Freeland's letter emphasized the need for fiscal restraint given potential US tariffs.

dw.com

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Dec 5, 16:09

French PM Barnier Resigns After No-Confidence Vote

French Prime Minister Michel Barnier resigned on Thursday after a no-confidence vote in parliament over his €60 billion austerity budget, becoming the shortest-serving PM in modern French history; the move follows deep political divisions and raises concerns about France's economic and political sta...

French PM Barnier Resigns After No-Confidence Vote

French Prime Minister Michel Barnier resigned on Thursday after a no-confidence vote in parliament over his €60 billion austerity budget, becoming the shortest-serving PM in modern French history; the move follows deep political divisions and raises concerns about France's economic and political sta...

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How did the political divisions within the French National Assembly contribute to the downfall of Barnier's government?

The resignation reflects deep political divisions in France, with a hung parliament preventing the government from passing key legislation. The no-confidence vote, backed by a broad opposition, highlights the challenges facing President Macron in governing effectively. This instability could negatively impact the French economy.

theglobeandmail.com

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Dec 17, 01:10

Canadian Government Overshoots Deficit by $21.8 Billion

Canada's fall economic update reveals a $21.8-billion deficit overshoot, reaching $61.9 billion for 2023-2024 due to increased spending and unanticipated Indigenous legal settlement costs; Finance Minister Chrystia Freeland unexpectedly resigned amidst disagreements over spending.

Canadian Government Overshoots Deficit by $21.8 Billion

Canada's fall economic update reveals a $21.8-billion deficit overshoot, reaching $61.9 billion for 2023-2024 due to increased spending and unanticipated Indigenous legal settlement costs; Finance Minister Chrystia Freeland unexpectedly resigned amidst disagreements over spending.

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Reduced Inequality

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What is the extent of the Canadian government's deficit overshoot, and what are the primary factors contributing to this increase?

The Canadian government's fall economic update reveals a $21.8-billion deficit overshoot, exceeding the projected $40.1 billion to reach $61.9 billion for the fiscal year ending March 31, 2024. This increase is largely attributed to unanticipated costs associated with settling Indigenous legal claims. The projected deficit for the current fiscal year is $48.3 billion, higher than the initially projected $39.8 billion.

Showing 37 to 39 of 39 results