Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 01, 2021

Trudeau Stumbles in Election Gambit, Risking Echo of U.K.’s Theresa May

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--
Nifty Top 20 Equal Weight
--
MSCI World
--
SAB Events & Governance Now Media Ltd.
--
Regency Investments Ltd.
--
Mukat Pipes Ltd.
--

Prime Minister Justin Trudeau's goal in calling an early election in Canada was to pull off the same feat British Prime Minister Boris Johnson did in 2019 -- turn a parliamentary minority into a decisive majority for his Liberal Party. Instead, he risks looking more like Theresa May, whose decision to call a snap vote in 2017 backfired. 

Canada's Conservative Party, led by Erin O'Toole, has nosed ahead in polls and now has a 54% chance of winning the most seats, according to projections by polling aggregator 338Canada.com. The Tories have pulled even with the Liberals in vote-rich Ontario and have a strong lead in the western provinces. 

The polls suggest neither of the main parties has much chance of winning an outright majority in the 338-seat House of Commons. The numbers could shift again in the three weeks that remain before the Sept. 20 vote -- especially with televised debates still to come.   

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search