Chrystia Freeland, the former Deputy Prime Minister and Minister of Finance has had an accomplished career as both a politician and a journalist. Thanks to these roles, Chrystia Freeland has added a significant amount to her net worth.
Chrystia Freeland, a Canadian politician, has made several millions throughout her career. According to some online reports, Chrystia Freeland has an estimated net worth of $4 million. However, other sources suggest that her wealth is reported to be $5 million.
As a result, it is hard to tell which one is true because Freeland has not disclosed the amount. Additionally, the benefit of keeping wealth private comes with many advantages. For this reason, many politicians prefer to keep the details of their earnings to themselves.
We’re investing in Made-in-Canada innovation! Today, we announced new support for Canadian businesses and increased funding for research and development to boost productivity and create more good jobs.
— Chrystia Freeland (@cafreeland) December 13, 2024
Learn more: https://t.co/BheNp5epPi pic.twitter.com/SUSXM44RA1
Furthermore, the former Deputy Prime Minister of Canada earned millions thanks to her real estate holdings in London and New York City. Moreover, she has invested in various companies throughout her career.
Before Chrystia Freeland was a politician, she was a journalist. Additionally, she worked in top positions at several firms, such as the Financial Times, The Globe and Mail, and Reuters. Without a doubt, this must have contributed a considerable amount to her wealth.
As of 2024, the salary of the Deputy Prime Minister and Minister of Finance is reported to be CAD 279,900. In addition to her base salary, Freeland received standard allowances and benefits accorded to Members of Parliament and cabinet ministers.
Chrystia Freeland started her journey as a politician in 2013!
Chrystia went into politics on July 26, 2013. Additionally, she was personally recruited by Justin Trudeau, who was the Liberal leader at the time. Afterward, she won the seat and became a Member of Parliament; two years later, voters re-elected her in the federal election.
By this time, Justin Trudeau had become the Prime Minister and formed the government under his leadership. And, thanks to her international economics and trade background, she became an important figure.
We are doubling the loan amounts available for Canadians to add secondary suites to their homes—boosting housing supply and bringing families closer together—as part of this year’s Fall Economic Statement. pic.twitter.com/11mfiRcIRM
— Chrystia Freeland (@cafreeland) December 10, 2024
Furthermore, Freeland got her first major position in 2015 when she became the Minister of International Trade. In this position, she worked on building Canada’s trade relationships with other countries.
As the Minister of International Trade, her biggest accomplishment was finalizing the Canada-European Union Comprehensive Economic and Trade Agreement.
Then, in 2017, they promoted Freeland to Minister of Foreign Affairs. As Foreign Minister, she worked to protect Canada’s interests in other countries. While in this position, she played a key role in renegotiating the North American Free Trade Agreement.
After the 2019 federal election, Chrystia Freeland was promoted to both Deputy Prime Minister and Minister of Finance. Moreover, she became the first woman to become Canada’s Finance Minister.
The former Deputy Prime Minister also focused on long-term plans to rebuild the economy. Similarly, her investments included green energy, childcare programs, and infrastructure.
However, on December 16, 2024, she resigned as Deputy Prime Minister and Minister of Finance after disputes over Trump’s new tariff rules for the country.
Additional Information
- Freeland was born on August 2, 1968, in Peace River, Alberta. She is the daughter of Donald Freeland and Halyna Chomiak.
- She was an activist from a young age. Similarly, she used to organize strikes when she was in school to protest her school’s exclusive enrichment classes.
