CIBC on the election outcome: "In sum,.......>

CANADA: CIBC on the election outcome: "In sum, while there are some residual

political uncertainties, we're not likely to see dramatic changes from the broad

outlines of the Liberal platform, or for that matter, even from where policies

were headed prior to the vote. We'll await to see more from the Liberals, and

the Bloc and NDP in terms of what they will be looking for to sustain their

support. But the results are unlikely to engender any major market reactions

given that they are in line with the final polling numbers that pointed to a

Liberal minority as the most likely outcome."