Trial now
AUSSIE 3-YEAR TECHS

(U1) Holding Onto Gains

USDCAD TECHS

Pullback Considered Corrective

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Canadian Prime Minister Justin Trudeau on Tuesday added to signals around potentially calling an early election to take advantage of the glow from improving vaccination rates and record deficit outlays that are swelling voter pocketbooks.

During a funding announcement from Hamilton, an Ontario city whose districts split between Liberal and NDP in the last election, he referenced his "build back better" slogan and attacked what he called the weak record of other parties on the economy and minority rights.

"We are announcing a lot this summer" now that pandemic restrictions are easing, Trudeau said when asked about election timing. He declined to repeat his past response about not wanting an election. Sources have told MNI an vote may be called for the fall seeking to convert the Liberal Party's minority in the House of Commons into a majority.

The government on Monday will install a new Governor General, an official who must be consulted on an election call. Nova Scotia's provincial government on Saturday called an Aug. 17 vote and federal leaders often avoid scheduling conflicts, so a federal campaign may come soon after local voting.

Former BOC and BOE Governor Mark Carney made a separate announcement Tuesday he won't run for the Liberals in the next election, a decision he made after speaking at that party's annual convention earlier this year.