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Business as usual for Trudeau after Canada status quo election

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Julie Gordon, Reuters

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Canada" s="" Liberal="" Prime="" Minister="" Justin="" accompanied="" by="" his="" wife="" Sophie="" thanks="" their="" Ella-Grace="" and="" Xavier="" during="" the="" election="" night="" party="" in="" September="" Christinne="" src="http://sa.kapamilya.com/absnews/abscbnnews/media/2021/reuters/09/21/20210921_canada-election.jpg"/><figcaption>Canada&#x27;s Liberal Prime Minister Justin Trudeau, accompanied by his wife Sophie Gregoire, thanks their children Ella-Grace and Xavier during the Liberal election night party in Montreal, September 21, 2021. <em>Christinne Muschi, Reuters</em></figcaption></figure></div><p>OTTAWA—It was business as usual in Canada on Tuesday after Prime Minister Justin Trudeau fell short of winning a majority in a tightly contested parliamentary election, leaving him once again dependent on opposition legislators to govern.</p><p>Provisional results showed virtually no change from the 2019 election. Roughly 850,000 mail-in ballots are still to be counted, which could affect the final tally in a some seats.</p><p>&quot;Canada’s political landscape looks remarkably similar after this election to the way it did before - almost as if Canadians spelled out &#x27;we don’t want an election now&#x27; with their votes,&quot; said Doug Porter, chief economist at BMO Capital Markets, in a note.</p><p>The Canadian dollar was trading nearly unchanged at 1.2830 to the greenback, or 77.94 U.S. cents, after giving up its earlier gains. The Toronto Stock Exchange&#x27;s S&amp;P/TSX composite index was up 121.25 points, or 0.6%, at 20,275.79. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/overseas/09/17/21/obama-tweets-support-for-trudeau-in-canada-election">‘Effective leader’: Obama tweets support for Trudeau in Canada election</a></li></ul><p>Trudeau, 49, was re-elected to a third term late Monday after calling a vote two years early. His hopes of securing a majority, which would give him a free hand to legislate, were dashed and he will once again rely on the support of the smaller left-leaning New Democrats to govern.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/overseas/09/15/21/trudeau-snaps-at-protester-who-insulted-his-wife">Canadian PM Trudeau not sorry for snapping at protester who insulted his wife</a></li></ul><p>&quot;You have given this parliament and this government clear directions,&quot; he told supporters in Montreal early Tuesday. Just hours later, he greeted commuters outside a metro station in his constituency, continuing a post-election tradition.</p><p>Economists said the election results show Canadians support increased spending, making it probable the re-elected Liberals - propped up by the NDP - will press on with a modest loosening of fiscal policy.</p><p>&quot;This raises the likelihood that the budget deficit will remain wider in the coming years than the Liberals&#x27; costed platforms implies,&quot; said Stephen Brown, senior Canada economist at Capital Economics.</p><p>Childcare advocates cheered the result as an assurance that a C$30 billion ($23.4 billion) national daycare program will go ahead.</p><p>Provisional results showed the Liberals ahead in 158 constituencies, known as ridings, short of the 170 Trudeau needed to control the 338-seat House of Commons. The Conservatives were on 119 with the New Democrats on 25.</p><p>&quot;It was a complete non-event,&quot; Greg Taylor, chief investment officer of Purpose Investments said of the election. &quot;It&#x27;s good it&#x27;s behind us...I expect by noon, markets will probably have forgotten (it) even happened.&quot; </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/overseas/07/02/21/trudeau-urges-filipino-canadians-to-run-for-public-office">Trudeau urges Filipino-Canadians to run for public office</a></li></ul><div><strong>TARGETING EMISSIONS</strong></div><p>The results were a blow to the right-leaning Conservatives, whose leader Erin O&#x27;Toole had tried to take a more centrist approach to attract progressive voters. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/overseas/07/09/21/canada-will-not-welcome-unvaccinated-tourists-for-some-time-says-trudeau">Canada will not welcome unvaccinated tourists for some time, says Trudeau</a></li></ul><p>For the second election in a row the party won a larger share of the popular vote, but failed to win the most seats.</p><p>O&#x27;Toole conceded the election, but warned Trudeau his Conservatives would be ready for the next one. He was set to give a news conference on Tuesday at 4 p.m. ET (2000 GMT).</p><p>The result was also seen as an approval of the Liberals&#x27; ambitious carbon targets and plans to cap oil sector emissions. The oil and gas sector is Canada&#x27;s highest polluting industry, accounting for 26% of carbon emissions.</p><p>The Canadian Association of Petroleum Producers said in a statement the industry is ready to work with the federal government, but warned limiting production at home would see Canadian crude replaced by other sources of oil. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/overseas/02/24/21/biden-trudeau-pledge-to-counter-china-climate-change-in-warm-first-meeting">Biden, Trudeau pledge to counter China, climate change in warm first &#x27;meeting&#x27;</a></li></ul><p>&quot;Every molecule of natural gas and barrel of oil not produced in Canada, will be produced by other nations that do not share Canadian environmental or human rights standards,&quot; CAPP president Tim McMillan said in a statement. ($1 = 1.2814 Canadian dollars)</p><div><em>(Additional reporting by David Ljunggren and Steve Scherer, Moira Warburton in Vancouver, Nia Williams in Calgary and Fergal Smith in Toronto; Editing by Alistair Bell)</em></div><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/life/06/20/19/justin-trudeau-marks-filipino-heritage-month-visits-pinoy-eatery">Justin Trudeau marks Filipino Heritage Month, visits Pinoy eatery</a></li></ul><div><strong>FROM THE ARCHIVES</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1389594" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

The Prime Minister fell short of winning a majority in the parliamentary election, leaving him again dependent on opposition legislators to govern.

Business as usual for Trudeau after Canada status quo election

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Business as usual for Trudeau after Canada status quo election

Julie Gordon,

Reuters

Published September 22, 2021 03:14 AM PHT

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Justin Trudeau

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