Canadian Finance Minister Chrystia Freeland Resigns
December 17, 2024, 2:03 pm

Canadian Finance Minister Chrystia Freeland Resigns

كريستيا فريلاند

Canadian Finance Minister Chrystia Freeland announced her resignation on Monday, following Prime Minister Justin Trudeau's decision not to renew his confidence in her.

In her resignation statement posted on her X account, Freeland wrote: "During our conversation on Friday, you informed me that you no longer wished for me to continue as Finance Minister and offered me another position in the government."

Freeland emphasized that discussions between her and Trudeau centered around policies related to responding to potential tariffs threatened by elected U.S. President Donald Trump. These tariffs include a 25% duty on imports from Canada and Mexico, along with China.

Trump recently pledged to impose tariffs of 25% on all imports from Mexico and Canada and 10% on Chinese imports, effective from his inauguration on January 20.

Freeland concluded her statement by expressing gratitude for the opportunity to serve the government and the Canadian people, indicating her desire to run again in the upcoming federal elections as a representative for the city of Toronto.

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BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”