October 01, 2024 12:02 GMT
CANADA: Politics Week: Trudeau Survives First Nonconfidence Vote
CANADA
GlobalHomepagemarkets-real-timeCanadaPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange BulletsRegionNorth America
- Justin Trudeau's Liberals survived a nonconfidence vote brought last week by Conservative Leader Pierre Poilievre, who wants a "carbon tax election" as soon as possible. Several more votes are due before Christmas break.
- The NDP, who recently ended a "supply and confidence" deal with the Liberals, voted confidence in the govt and so did the Bloc Quebecois. All three opposition parties would likely need to combine to pass a non-confidence motion that would trigger a snap election ahead of one due next fall.
- Bloc Leader Yves Francois-Blanchet said if bills on seniors' benefits and agricultural protections aren't passed by Oct 29 he's likely to seek an election.
- Parliamentary budget office has said the seniors' proposal would cost CAD16 over 5y, that would by itself likely break the govt's pledge to hold deficits to CAD40b.
- Capital Economics says election is more likely to come after next spring's budget.
- Polling aggregator 338Canada shows Conservatives likely to win a majority government if an election were held now.
- Sample headline: All the troubles Liberals are facing are self-inflicted (former Liberal cabinet minister Sheila Copps in the Hill Times)
179 words