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Free AccessMNI BRIEF:Trudeau Drops Line About Not Wanting Canada Election
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.
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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.