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Politics Week: Parliament Returns Amid Housing Pinch, Trudeau Poll Dip

CANADA
  • Parliament returns after summer break; fiscal update expected before Christmas with continued deficit spending
  • Liberal PM Justin Trudeau has fallen behind in polls to Conservatives led by Pierre Poilievre, though polling over summer between elections is often misleading
  • Housing/cost of living remains dominant issue. Trudeau shuffled cabinet with a new housing minister this summer and hinted at more direct federal involvement in the file
  • Opposition parties with majority of seats in Parliament forced a judicial inquiry into foreign election interference focused on China
  • Program spending rising by double digits amid BOC rate hikes, Finance Minister Freeland says doesn't want to add to inflation fires
  • Liberals have deal with NDP to prop up government into 2025, a regular 4-year mandate
  • Sample of recent headlines: "Can Trudeau Survive?"; "Trudeau’s tumbleweed of tumult"; "The Liberals are letting themselves become Pierre Poilievre’s punching bag"; "Justin Trudeau’s luck appears to be running out"
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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