MNI: PBOC Net Drains CNY408.7 Bln Via OMO Tues

MNI: PBOC Sets Yuan Parity Lower At 7.1334 Tues; -1.30% Y/Y

CHINA PBOC CONDUCTS CNY267.3 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1334 TUES VS 7.1335

MNI PBOC WATCH: PBOC Cuts 7-Day Rate As Reconfigures Framework

MNI China Daily Summary: Monday, July 22

EZ/UK T-Bill Calendar: 3/6-Month RATB Auction on Tuesday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

Philippine's FinSec Open To Rate Cuts, Front-End Yields Lower

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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Politics Week: Conservatives Push To Halt Apr 1 Carbon Tax Hike

CANADA
(MNI) OTTAWA
  • Opposition Conservatives well ahead in polls keep focus on cost of living, forcing non-confidence vote over carbon tax even though Liberals easily won with support of other parties.
  • Earlier this month Newfoundland's Liberal Premier said Apr 1 carbon tax hike should be called off, a rare show of disunity.
  • Polling aggregator 338Canada shows Conservatives led by Pierre Poilievre are likely to win a majority government if an election were held now. Election is due in 2025 under a traditional four-year mandate.
  • Parliament on break this week, returning Apr 8 and with budget set for Apr 16. Finance Minister Freeland says focus will be on housing costs. She may again struggle to stick to fiscal "anchors" amid rising spending.
  • Middle East frays Parliament with Liberals amending then helping pass an NDP motion involving recognition of Palestine, one Liberal MP says he's questioning his political future. Also debate on arms shipments to Israel.
  • Canada to limit number of temporary residents, the second move in several weeks to curb record immigration that drew complaints about worsening the housing squeeze.
  • Govt introduces changes to Election Act, something Liberals pledged after taking office in 2015. It doesn’t contain a move to proportional representation the Liberals flirted with earlier.
  • Sample headline: The carbon levy will haunt Justin Trudeau whether he raises it or not (Toronto Star).
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
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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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