June 03, 2024 12:26 GMT
Politics Week: BOC Meeting May Set Up More Debate Over Cost Of Living
CANADA
(MNI) OTTAWA
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- Bank of Canada expected to cut interest rates Wed, giving Conservatives more scope to attack govt over both elevated inflation and a weaker economy.
- Local media continue to suggest former BOC/BOE Governor Mark Carney could run to replace PM Trudeau if he stepped down, something Trudeau says he has no intention of doing.
- Polling aggregator 338Canada shows Conservatives likely to win majority government if an election were held now. Election is due in late 2025 under traditional four-year mandate.
- Conservatives and Bloc Quebecois forced a third vote this year to remove House Speaker Greg Fergus over accusations of inappropriate partisan behavior. Liberals and NDP opposed the effort.
- Media speculation about an early election call in Canada’s most populous province of Ontario, where Progressive Conservative Premier Doug Ford may seek to pre-empt any momentum of a new Liberal Leader. Election wouldn’t normally be due until 2026, and Ford said there won't be an election this summer or fall.
- Sample headlines: John Ivison: If 2025 becomes the mortgage-pain election, the Liberals have already lost (National Post); It’s time for the Liberal Party to force Justin Trudeau’s hand (Globe and Mail).
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