Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
Event

What you need to know about the fall economic statement

The Logic’s Ottawa bureau explains the big news from the fall economic statement and dives into the fallout of Finance Minister Chrystia Freeland’s shock resignation

By The Logic
Chrystia Freeland and Justin Trudeau speaking at a press conference with Canadian flags in the background.
Former Finance Minister Chrystia Freeland and Prime Minister Justin Trudeau in simpler times. Photo: The Canadian Press/Sean Kilpatrick
Dec 17, 2024
A A
A Small A Medium A Large
Share

Share

Chrystia Freeland and Justin Trudeau speaking at a press conference with Canadian flags in the background.
Former Finance Minister Chrystia Freeland and Prime Minister Justin Trudeau in simpler times. Photo: The Canadian Press/Sean Kilpatrick

Finance Minister Chrystia Freeland’s shock resignation from the Liberal cabinet set up a tense and confusing day in Canadian politics, and upstaged the government’s plan for dealing with U.S. president-elect Donald Trump.

Monday’s fall economic statement was stuffed with billions in tax incentives and programs to get businesses and pension funds investing. The Liberals are also promising to fix key supports on which innovative firms rely, and to buy more from them.

But all of that was drowned out by a blockbuster resignation letter in which Freeland warned against “costly political gimmicks” and a government focused on its own interests.

So, what does this all mean for Canadian businesses? The Logic’s Murad Hemmadi, David Reevely and Laura Osman sat down to talk everything through.

Related Articles

A close-up of Donald Trump leaning toward Justin Trudeau to share a private word amid a crowd of other NATO leaders. Trump's eyes are cast down as he speaks, while Trudeau is wearing a half-smile.

Economic statement offers a Team Canada plan for the economy, minus a star player

By David Reevely

Freeland resignation shows government is in free fall, business leaders warn

By Catherine McIntyre

Carmichael: Freeland’s fiscal update reveals campaign against gimmickry

By Kevin Carmichael

Watch the full recording.

Engage with Canada’s most influential decision makers.

The Logic’s event attendees include professionals with a focus on technology and innovation—industry leaders, members of government and passionate members of Canada’s tech and innovation community. They also garner significant interest from public relations, government relations and communications firms looking to gain indispensable information for their clients to better inform their work. For more information, contact our events team at [email protected].

#defence #deficit #Fall Economic Statement 2024 #federal government #GST #tariffs

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

Chrystia Freeland and Justin Trudeau speaking at a press conference with Canadian flags in the background.

Photo: The Canadian Press/Sean Kilpatrick

Most Popular This Week

Andrew Forde, wearing a beige tweed blazer, black slacks and a white sweater, speaks on a stage at the Elevate conference in Toronto with three large blue screens in the backdrop. One screen displays the session topic, AI, another displays the logos for sponsors KPMG and Google, and a third screen depicts a photo of a stop sign covered in stickers. The stop-sign photo is labelled, “Stickers that beat supercomputers.”
News

KPMG’s AI whisperer says some Bay Street firms are falling into a productivity trap

By Anita Balakrishnan
The Big Read

ApplyBoard faces a reckoning as Canada’s immigration boom turns into a bust

By Claire Brownell and David Reevely
A shot of Anthony Hu in a semi-dark office, with his face illuminated by two computer screens.
The Big Read

Anthropic’s Mythos cracked software open like an egg. It’s just the beginning

By David Reevely
Susan Hawkins, chief executive officer of Payments Canada gestures with her hands as she speaks on stage in front of black screen at the Payments Canada Summit in Toronto.
Exclusive

Not all banks and fintechs will get access to the Real-Time Rail at launch

By Claire Brownell

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

Exclusive

Canada’s new AI strategy includes $500M fund to back key firms

By Murad Hemmadi and Catherine McIntyre

Briefing

U of T researchers use free AI models to create dangerous cyberattack ‘worm’

By Aleksandra Sagan   |   Jun 3, 2026 | 4:07 PM ET

Canada to strengthen forced labour ban after U.S. threatens 10% tariffs

By Joanna Smith   |   Jun 3, 2026

Shopify ups share buy-back program to US$5B

By Aleksandra Sagan   |   Jun 3, 2026

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

News

Canada’s surprise plan to buy Saab command jets leaves competitors seeking answers

By David Reevely   |   May 29, 2026
A closeup of a scale model of a jet covered in pixellated camouflage, with sensor equipment attached to the top of its fuselage. There are civilians and uniformed military personnel milling in the background.
Exclusive

Canada awards Ford $464M to make F-Series trucks in Ontario

By Murad Hemmadi, Anita Balakrishnan and Joanna Smith   |   May 7, 2026
Blurred red, white and black cars zoom down a street in front of Ford’s Oakville, Ont., assembly plant on Friday April 5, 2024.
News

European and Asian firms want a stake in Canada’s photonics factory, Joly says

By Murad Hemmadi   |   May 7, 2026
The Big Read

ApplyBoard faces a reckoning as Canada’s immigration boom turns into a bust

By Claire Brownell and David Reevely   |   May 27, 2026
Exclusive

RBC Insurance chief to depart in shakeup of key strategic role

By Chaimae Chouiekh and Anita Balakrishnan   |   May 27, 2026
Low-angle view of an RBC logo sign in front of a tall glass-and-concrete office tower, with surrounding skyscrapers visible in the background.
Exclusive

Shopify makes cuts to its operations team in latest round of layoffs

By Aleksandra Sagan   |   May 4, 2026
Tobias Lutke in a black shirt and grey jeans sitting on a couch, gesturing with both hands pinching the air as he speaks

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account