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Politics Week: Carbon Tax Retreat, Carney Doesn't Rule Out Leadership Run

CANADA
  • Conservative Pierre Poilievre challenges Liberal PM Justin Trudeau to a “carbon tax election” after govt backtracked on carbon pricing in Atlantic Canada
  • Mark Carney tells Globe and Mail he hasn’t ruled out running for Liberal Party leadership, defends carbon tax
  • Finance Minister Freeland expected to schedule fall fiscal update soon. She's said it will narrowly focus on housing/affordability. NDP allies demand expanded public healthcare
  • Government said it will “stabilize” immigration at 500k a year starting in 2026, partly because of the housing squeeze, but also amid polls showing Canadians are less favorable to record new arrivals
  • Polling aggregator 338Canada shows Conservatives likely to win a majority government if an election were held now. Election is due in 2025 under a traditional four-year mandate
  • Canada says a Chinese fighter pilot made "unsafe" moves around a helicopter patrolling the South China Sea on Oct 29 including launching flares
  • Parliament is off next week around Remembrance Day
  • Recent headlines: The Liberals’ credibility on the carbon tax has gone up in smoke (Globe and Mail); The Liberals broke the immigration system. But better is always possible (Globe); Carbon-pricing course change drives Liberals into another self-made mess (Hill Times)
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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