Chrystia Freeland will launch campaign for Liberal leadership on Sunday

Chrystia Freeland

CHRYSTIA Freeland on Friday in a statement on social media announced that she is running to be the next leader of the Liberal Party “to fight for Canada.”

The former deputy prime minister and finance minister will officially launch her campaign on Sunday.

“At a time when President Donald Trump is threatening our country, it’s time to fight for Canada,” she said.

In an op-ed piece in Toronto Star, Freeland wrote: “Being strong means being clear with our American neighbours: we love our country just as much as you love yours. If you hit us, we will hit back. We will not escalate, but we will never back down.”

She added: “Being smart means retaliating where it hurts. If President Trump imposes 25 per cent tariffs, our counterpunch must be dollar-for-dollar — and it must be precisely and painfully targeted.

“Florida orange growers, Michigan dishwasher manufacturers and Wisconsin dairy farmers: brace yourselves. Canada is America’s largest export market — bigger than China, Japan, the U.K., and France combined. If pushed, our response will be the single largest trade blow the U.S. economy has ever endured.”

She noted: “Dollar-for-dollar retaliation could generate up to $150 billion over one year — representing 161 per cent of the Canadian government’s corporate tax revenue in 2022-2023.”

She also pointed out: “Yet there is still so much more we can do together: reinforcing the security of the Canada-U.S. border; stepping up the defence of our Arctic; mining and processing more critical minerals and metals; supporting the security of Asian allies by providing them with liquified natural gas. All of this would be good for Canada and make the United States richer and more secure.”

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