Tuesday, September 28

Election 2021

Election 2021, Maxime Bernier

Bernier sees larger role for People’s Party after stronger showing in election: Interview

Breadcrumb Trail Links News Election 2021 Full Comment podcast: PPC vote share grew as it rode the wave of anti-lockdown and anti-vaccine passport, but Bernier said there's "opportunity to grow" Author of the article: Postmedia News Publishing date: Sep 26, 2021 • 50 minutes ago • 3 minute read • Join the conversation Maxime Bernier speaks to supporters during the PPC headquarters election night event in Saskatoon, Sask., Monday, on Sept. 20,. Photo by THE CANADIAN PRESS/Liam Richards Article content Maxime Bernier's People's Party of Canada didn't win a single seat in Monday's federal election, but the party's growing popularity means it may be poised to play a larger role in Canadian politics. Advertisement This advertisement has not loaded yet, b...
Banking, Canadian Imperial Bank of Commerce, Election 2021, FP Finance, National Bank of Canada

Banking industry may be clearest loser from Trudeau’s re-election

Breadcrumb Trail Links News FP Finance Election 2021 Banking Trudeau last month pledged that he'd increase the tax rate on bank and insurer profits over $1 billion by 3 percentage points to 18 per cent Author of the article: Bloomberg News Kevin Orland TD, CIBC and BMO banks in Toronto's financial district on June 24, 2020. Photo by Carlos Osorio/Reuters files Article content The banking industry could be among the clearest losers from Canadian Prime Minister Justin Trudeau's re-election to a third term. Advertisement This advertisement has not loaded yet, but your article continues below. Article content Trudeau last month pledged that, if re-elected, he'd increase the tax rate on bank and insurer profits over $1 billion by 3 percentage poi...
Election 2021, FP Economy, FP Finance, FP Investor

Here’s how markets are responding to the federal election: live updates

Breadcrumb Trail Links FP Investor FP Finance FP Economy Election 2021 What Justin Trudeau's win is doing to the loonie, stocks and the outlook for the economy Author of the article: Kelsey Rolfe Publishing date: Sep 21, 2021 • 13 minutes ago • 1 minute read • Join the conversation Canada's Prime Minister and Liberal Party Leader Justin Trudeau delivers his victory speech with his wife Sophie Gregoire Trudeau, daughter Ella-Grace and son Xavier at election headquarters on Monday in Montreal, Canada. Prime Minister Trudeau won a third term in Monday's federal election. Photo by Dave Chan/Getty Images Article content Polls closed last night and, while the final seat count is still to be determined with mailed ballots yet to be counted, the Liberals seem...
Economic Recovery, Election 2021, FP Economy

What businesses want: To be partners in the recovery no matter who wins the election

Breadcrumb Trail Links News FP Economy Election 2021 The COVID-19 pandemic pushed Canada's economy to the brink and recovery is only just beginning Author of the article: Barbara Shecter Publishing date: Sep 17, 2021  •  36 minutes ago  •  7 minute read  •  Join the conversation People walk past an outdoor restaurant in Montreal on June 5, 2021. Photo by Christinne Muschi/Bloomberg files Article content Canadian businesses over the past 18 months have been piling on debt and relying on rent and wage subsidies to keep the lights on through punishing lockdowns to curb the spread of COVID-19. Advertisement This advertisement has not loaded yet, but your article continues below. Article content With a tentative recovery underway, business groups say the t...
Election 2021, FP Comment, William Watson

William Watson: On the road to Havana — The Liberals’ pig-headed net-zero carpolitik

Breadcrumb Trail Links FP Comment Election 2021 Committing to turn your transportation system upside down without yet having tech to manage it economically almost certainly qualifies as a category of derangement Author of the article: William Watson A re-elected Liberal government will require that by 2030 half of all passenger vehicles sold in Canada produce zero emissions, while all must be zero emission by 2035. Photo by Ian Forsyth/Bloomberg files Article content We are now well past the mid-way point of 2021. (Don't say this column never delivers the facts!) We're having a federal election September 20. The results will probably be known by October 1 — earlier if the number of mail-in ballots is less than predicted. Which means that even if the Liberals are returned...
Election 2021, FP Comment, Matthew Lau

Matthew Lau: Trudeau’s failure on economic growth is a firing offence

Breadcrumb Trail Links News FP Comment Election 2021 The numbers do not lie; over the past six years, Canada has become a worse place to do business Author of the article: Matthew Lau The progressive program Justin Trudeau has enacted over the past six years has made economic growth worse. Photo by Shannon VanRaes/Reuters Article content Justin Trudeau wants his government upgraded from a minority to a majority. The problem is that, judging from its results, the progressive program he has enacted over the past six years is a firing offence, not grounds for promotion. From 2015-Q4, when the Liberals came to power, to 2019-Q4, the final full quarter before the coronavirus pandemic, real GDP per capita increased by only 3.3 per cent in Canada, compared to 7.5 per cent in...