Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Economy

Special election loss adds to misery for Canada PM Trudeau

admin by admin
December 17, 2024
in Economy
0
Special election loss adds to misery for Canada PM Trudeau
0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

By David Ljunggren

OTTAWA (Reuters) – Canada’s ruling Liberals lost a special election in the western province of British Columbia, provisional results showed on Tuesday, deepening the political woes of beleaguered Prime Minister Justin Trudeau.

The minority Liberal government was rocked on Monday when Finance Minister Chrystia Freeland unexpectedly resigned, citing policy differences with the prime minister whom she said had asked her to take on a lesser post.

A string of opinion polls over the last 18 months suggests the Liberals are going to be crushed at the next election by the official opposition Conservatives. In the 2021 election, the Liberals had won with 39% of the vote, just ahead of the Conservatives on 36%.

Elections Canada said the Conservatives had taken 66% of Monday’s vote in the constituency of Cloverdale—Langley City with the Liberals in second on 16%. The election was held to fill a vacant seat.

The defeat marked the third time in a row that the Liberals had lost a special election to the Conservatives.

Angry Liberal legislators met Trudeau on Monday night, with some repeating calls for him to go.

“We’re not united. There’s still a number of our members who feel we need a change in leadership,” said Chad Collins, a legislator from Ontario, Canada’s most populous province and a Liberal stronghold.

“I think the only path forward for us is to choose a new leader and to present a new plan to Canadians with a different vision,” he said after the meeting.

Trudeau aides declined to answer questions about what he might do next. Global News cited two sources as saying Trudeau was not in a mindset to resign.

While he cannot be forced out by his caucus, he may find it harder to stay in office if enough Parliamentarians openly call on him to go. So far only a handful have done so.

In another blow, the traditionally pro-Liberal Toronto Star – the largest circulation newspaper in Canada – on Tuesday ran an editorial saying it was time for Trudeau to leave.

This post appeared first on investing.com

Previous Post

Fed caution, inflation risks propel US Treasury yield forecasts higher again- Reuters poll

Next Post

ECB to apply Danish compromise on insurers case by case, says Buch

admin

admin

Next Post
ECB to apply Danish compromise on insurers case by case, says Buch

ECB to apply Danish compromise on insurers case by case, says Buch

Trending News

Bangladesh central bank raises key policy rate to 10% to combat soaring inflation

Bangladesh central bank raises key policy rate to 10% to combat soaring inflation

October 22, 2024
Doximity and Toast rally premarket; Pinterest, Airbnb, DraftKings fall

Doximity and Toast rally premarket; Pinterest, Airbnb, DraftKings fall

November 8, 2024
Investors should de-risk ahead of US elections, BCA says

Investors should de-risk ahead of US elections, BCA says

September 21, 2024
Subscribe to Insightful Word


    Recent News

    Jaguar Land Rover to cut 500 UK jobs as US tariffs dent exports

    Jaguar Land Rover to cut 500 UK jobs as US tariffs dent exports

    July 17, 2025
    Oracle stock price has surged, but beware of key risks

    Oracle stock price has surged, but beware of key risks

    July 17, 2025
    Starbucks shares slip after Jefferies downgraded the stock

    Starbucks shares slip after Jefferies downgraded the stock

    July 17, 2025
    US stocks open in the green: Dow Jones up 150 points, Nasdaq up 0.2%

    US stocks open in the green: Dow Jones up 150 points, Nasdaq up 0.2%

    July 17, 2025

    Recent News

    Jaguar Land Rover to cut 500 UK jobs as US tariffs dent exports

    Jaguar Land Rover to cut 500 UK jobs as US tariffs dent exports

    July 17, 2025
    Oracle stock price has surged, but beware of key risks

    Oracle stock price has surged, but beware of key risks

    July 17, 2025

    Latest News

    • Jaguar Land Rover to cut 500 UK jobs as US tariffs dent exports
    • Oracle stock price has surged, but beware of key risks
    • Starbucks shares slip after Jefferies downgraded the stock

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.