The Big Story Chrystia Freeland out, Budget in November: Parliament's busy first week back
Sep 18, 2025
Tyler Meredith, a former economic advisor to Prime Minister Justin Trudeau and Chrystia Freeland, offers keen insights into the political landscape following Freeland's departure from cabinet. He discusses her new role as a special envoy to Ukraine and reflects on her legacy, including significant policies during her tenure. The conversation dives into the upcoming budget, set for November, which might carry a hefty deficit—potentially 2–3% of GDP. Meredith explains how the government plans to frame its borrowing as essential investment, all while navigating NATO commitments and operational efficiencies.
AI Snips
Chapters
Transcript
Episode notes
Freeland's Transition To Ukraine Role
- Chrystia Freeland left cabinet at the start of Parliament but remains in government as a special envoy for Ukraine reconstruction.
- Her move follows long service in key roles including finance, foreign affairs, and deputy PM, and reflects personal ties to Ukraine.
Canada Can Leverage Finance For Ukraine
- The envoy role will blend diplomacy, finance, and reconstruction planning for Ukraine's long-term recovery.
- Canada can leverage diaspora ties and pension funds to attract private capital for rebuilding efforts.
Freeland's Lasting Political Achievements
- Freeland's legacy includes steering Canada through COVID recovery and delivering early learning and childcare.
- Her foreign affairs work and trade deals also stand out as major accomplishments.