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Politics Week: Macklem In Hot Seat, Waiting For Fall Fiscal Update

CANADA
(MNI) OTTAWA
  • Lawmakers schedule extra hour of testimony for BOC Governor Macklem to talk about the role of policy in driving up housing costs, House committee set for 330pm EST Monday
  • Macklem speaks at Senate hearing Wednesday at 415pm, where in the past he's also faced questions over housing, fiscal policy's role in boosting inflation and the Bank's balance sheet
  • Government backtracks on carbon pricing measures in Atlantic Canada around home heating after public outcry, playing to Conservative attack lines
  • Relations with India appear to thaw with some consular services resuming. Trudeau said India may have been involved in the murder of a Canadian Sikh activist earlier this year in in British Columbia
  • Liberal government members fraying on Middle East message as some focus on Israel's right to defend itself and others call for a humanitarian pause or ceasefire
  • Finance Minister Freeland expected to schedule fall fiscal update soon. She's said it will narrowly focus on housing. NDP allies demand expanded public healthcare
  • 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
  • Recent headlines: With plunging polling numbers, chatter of potential Liberal leadership election to succeed Trudeau starts again (Hill Times); Trudeau government’s own polling program is saying it’s in trouble (Global); Are the Liberals trapped with Justin Trudeau, even if he falls? (Globe and Mail)
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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