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Liberals Struggling To Gain Ground On Post Budget Economic Message

CANADA
  • Recent polls suggest Trudeau Liberals remain stuck well behind Conservatives after a budget with a plan to build millions of homes amid an affordability squeeze.
  • Senate and House committees to hear from BOC Governor Macklem, Wed at 415pm EST and Thurs at 845am. Conservatives often press for comments about budget deficits and inflation.
  • Honda agrees to build Ontario facility with Canada continuing to offer multibillion dollar subsidies to advance EV production.
  • Polling aggregator 338Canada shows Conservatives likely to win majority government if an election were held now. Election is due in 2025 under traditional four-year mandate.
  • Provincial relations remain frayed: Trudeau said Saskatchewan continues to defy tax agreements by withholding carbon tax revenue owed to the federal treasury.
  • Mark Carney landing on lists of potential Liberal leadership candidates. From speech last Monday: “We can’t redistribute what we don’t have” and “Governments that spend too much and invest too little will eventually pay a heavy price.”
  • Conservatives will ask Carney to testify at parliamentary committee, after he suggested their plans are simply to tear things down.
  • Sample headlines: The Liberal’s immigration policies have accomplished the opposite of what was intended (Globe and Mail) ; When will Mark Carney run? (Globe); Sophie Gregoire Trudeau says family life with PM post-separation 'gets messy,' but they have each other's back (CBC)
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
Homepagemarkets-real-timePolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

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