MNI BRIEF: EU Exposure To Global Trade Break "High" - Draghi

MNI China Daily Summary: Monday, Sept 9

MNI BRIEF: Japan August Sentiment, Outlook Indexes Rise

MNI BRIEF: Mexico Inflation Falls To 4.99% In August

MNI BRIEF: China Aug CPI Rises To Half-year High At 0.6% Y/y

MNI: PBOC Net Injects CNY88 Bln via OMO Monday

ECB Data Watch

CHINA AUG FOOD PRICES +2.8% Y/Y VS +0.0% Y/Y JUL

CHINA AUG CPI +0.6% Y/Y VS MEDIAN +0.7%; JUL +0.5% Y/Y: NBS

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

UK: Week Ahead

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

CANADA: Politics Week: Liberals Meet In BC After Trudeau Loses NDP Backing

CANADA
MarketsCanadaBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionNorth America
  • Justin Trudeau's minority Liberals lost NDP backing on confidence votes, opening potential for snap election.
  • Liberal Party MPs meet Mon/Tues in British Columbia ahead of Parliament opening Sept 16 where Trudeau's leadership faces questions.
  • NDP's Jagmeet Singh said Liberals don't deserve fourth mandate and have lost momentum delivering for voters. Singh also knew it would be hard to gain traction in the next election if he supported the Liberals for an entire mandate.
  • Singh will take confidence motions including a fall fiscal update on a case-by-case basis. Conservatives want an election now, meaning Trudeau could lean on the separatist Bloc Quebecois. Their leader has suggested he will vote based on what's right for his movement.
  • Local media speculates Singh won't force election with NDP behind in fundraising and lacking volunteers to staff federal campaign alongside provincial ones coming up.
  • Another blow to Trudeau is the resignation of his campaign chairman.
  • Polling aggregator 338Canada shows Conservatives likely to win a majority government if an election were held now.
  • Sample headlines: Justin Trudeau’s Liberals are facing a bloodbath -- and he’s ignoring the real problem his party faces (Toronto Star); Trudeau insists he still has what Canadians want, despite polling numbers (CP); Justin Trudeau’s legacy will be destroying the Canadian consensus on immigration (Globe and Mail).
207 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Justin Trudeau's minority Liberals lost NDP backing on confidence votes, opening potential for snap election.
  • Liberal Party MPs meet Mon/Tues in British Columbia ahead of Parliament opening Sept 16 where Trudeau's leadership faces questions.
  • NDP's Jagmeet Singh said Liberals don't deserve fourth mandate and have lost momentum delivering for voters. Singh also knew it would be hard to gain traction in the next election if he supported the Liberals for an entire mandate.
  • Singh will take confidence motions including a fall fiscal update on a case-by-case basis. Conservatives want an election now, meaning Trudeau could lean on the separatist Bloc Quebecois. Their leader has suggested he will vote based on what's right for his movement.
  • Local media speculates Singh won't force election with NDP behind in fundraising and lacking volunteers to staff federal campaign alongside provincial ones coming up.
  • Another blow to Trudeau is the resignation of his campaign chairman.
  • Polling aggregator 338Canada shows Conservatives likely to win a majority government if an election were held now.
  • Sample headlines: Justin Trudeau’s Liberals are facing a bloodbath -- and he’s ignoring the real problem his party faces (Toronto Star); Trudeau insists he still has what Canadians want, despite polling numbers (CP); Justin Trudeau’s legacy will be destroying the Canadian consensus on immigration (Globe and Mail).