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Canada’s Trudeau clings on, but loonie remains unimpressed

From think.ing.com

As was widely expected, elections in Canada didn't yield a majority, but prime minister Justin Trudeau's Liberal party managed to secure most seats in the House. The Liberal party will have 157 of the 338 seats, 36 more than the Conservatives (who, however, received more votes in absolute terms). In comparison to the 2015 elections, the Liberals lost 31 votes and the Conservatives gained 32, but the big surprise came from the Bloc Québécois that secured a third-place while the Greens failed to boost their numbers. Justin Trudeau will be able to maintain his role as prime minister, but will now need to rely on other p ... (full story)

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  • Category: Fundamental Analysis