Justin Trudeau named Chrystia Freeland as Canada’s finance minister, according to a source familiar with the matter, replacing Bill Morneau, who resigned Monday evening.
Freeland, considered a pragmatic minister who handled the renegotiation of the North American free trade agreement with Mexico and the U.S., would be the first woman to hold the role.
“The choice of Deputy Prime Minister Chrystia Freeland will reassure financial markets, given her prominent stature and seniority,” Doug Porter, chief economist at Bank of Montreal, said in an email. “Given that this is clearly not a ‘placeholder’ candidate, and as someone who can be expected