Latest Mark Carney News

Chrystia Freeland and Dominic LeBlanc sit prior to a swearing in ceremony following a cabinet shuffle at Rideau Hall in Ottawa on Tuesday, August 18, 2020.(Sean Kilpatrick/The Canadian Press via AP)

Ex-journalist Freeland Canada’s 1st female finance minister

Aug. 18, 2020 5:33 PM EDT

TORONTO (AP) — Chrystia Freeland, who helped negotiate Canada’s free trade deal with the United States and Mexico, was named the country’s first female finance minister Tuesday, a day after her predecessor resigned after reportedly butting heads with Prime Minister Justin Trudeau. Freeland, a...

Minister of Finance Bill Morneau announces his resignation during a news conference on Parliament Hill in Ottawa, on Monday, Aug. 17, 2020.  (Justin Tang/The Canadian Press via AP)

Canada's finance minister steps down amid pandemic

Aug. 17, 2020 10:08 PM EDT

TORONTO (AP) — Canada’s finance minister announced his resignation Monday amid reports of differences with Prime Minister Justin Trudeau over government spending to protect the economy during the coronavrius pandemic. Bill Morneau said he is leaving politics and has put his name forward as a...