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Justin Trudeau Plots Canada’s Sharpest Turn Left in Economic Policy in Decades

  • Canadian PM to open the fiscal taps under new finance chief
  • Business and provinces aren’t yet sold on big-spending agenda
Chrystia Freeland speaks alongside Justin Trudeau in Ottawa after being named finance minister on Aug. 18.
Chrystia Freeland speaks alongside Justin Trudeau in Ottawa after being named finance minister on Aug. 18.Photographer: James Park/Bloomberg

Justin Trudeau’s selection of Chrystia Freeland to be Canada’s new finance minister cements her place as his most trusted lieutenant, hinting the 52-year-old former journalist isn’t done with her political rise. But its real significance is that it signals the most decisive lurch to the left in economic policy in at least four decades.

Freeland has firmly established herself as Trudeau’s Ms. Fix-It during their five years in power, handling President Donald Trump on trade and the energy-rich western provinces on their grievances. She’s now being tasked with nothing less than remaking the country’s socio-economic architecture.