Major Financial Rules
  • Investing
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
Major Financial Rules
No Result
View All Result
Home Latest News

Canada’s Liberals projected to win election overshadowed by Trump’s threats

admin by admin
April 29, 2025
in Latest News
0
Canada’s Liberals projected to win election overshadowed by Trump’s threats
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Canada’s Liberal Party, led by Prime Minister Mark Carney, is on course to win the country’s federal election, Canadian media projects, following a campaign overshadowed by provocations and tariffs from US President Donald Trump.

With votes still being counted, CBC News said it is too soon to say whether it will be a minority or majority government – a party needs 172 seats to form a majority.

Canada’s uneasy relationship with the United States deeply influenced the tenor of this year’s campaign. Trump’s tariffs against Canadian exports pose a grave threat to the country’s economy, and his threats to annex Canada as “the 51st state” have enraged Canadians of every political persuasion.

“I reject any attempts to weaken Canada, to wear us down, to break us so that America can own us,” Carney told reporters in late March. “We are masters in our own home.”

Though Canadians have a diverse array of parties to choose from on their federal ballots, the main contest is between the incumbent Liberals, led by Carney since March, and the Conservative opposition, led by longtime parliamentarian Pierre Poilievre.

Carney, a former banker, became prime minister in March after his predecessor Justin Trudeau resigned from office in the wake of dire polls that suggested a stunning loss to come in a federal election.

Trudeau announced his plan to resign in January while facing grim polling figures, a serious cost of living crisis and an internal revolt in his cabinet.

The numbers began to shift in the Liberals’ favor as Trudeau hit back against US tariffs during his last days in office. After winning the party leadership contest in a landslide, Carney continued to spearhead Canada’s opposition to Trump’s annexation threats and trade war.

Carney had never held political office before becoming prime minister. The former central banker touted his experience shepherding Canada’s economy through the 2008 financial crisis and Britain through Brexit, to appeal to Canadians seeking solace from the gloomy economic headwinds caused by the storm of tariffs announced by the White House.

The idea that Canada needs to forge its own path outside of US influence has been central to the prime minister’s messaging since he took office.

Carney pitched himself throughout the campaign as an experienced professional from the political center who can steward Canada’s economy through a period of profound turbulence.

“I understand how the world works,” Carney told podcaster Nate Erskine-Smith in October. “I know people who run some of the world’s largest companies and understand how they work. I know how financial institutions work. I know how markets work … I’m trying to apply that to the benefit of Canada.”

Carney has pledged to “build things in this country again” to make Canada less reliant on the US: new homes, new factories, and new sources of “clean and conventional energy.”

“My solemn promise is to stand up for Canadian workers, to stand up for Canadian businesses,” Carney said in March. “We will stand up for our history, our values and our sovereignty.”

This is a developing story and will be updated.

This post appeared first on cnn.com

Previous Post

Convicted Italian cardinal pulls out of conclave to choose new pope

Next Post

Israeli security chief says he’ll step down June 15, facing pressure from Netanyahu

Next Post
Israeli security chief says he’ll step down June 15, facing pressure from Netanyahu

Israeli security chief says he’ll step down June 15, facing pressure from Netanyahu

  • Trending
  • Comments
  • Latest
Trump Administration Fast Tracks Permitting for Key US Mining Projects

Trump Administration Fast Tracks Permitting for Key US Mining Projects

April 24, 2025
This 1,000-mile river suffered decades of oil spills. Now it’s a legal person, things could change

This 1,000-mile river suffered decades of oil spills. Now it’s a legal person, things could change

April 21, 2025
Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor

Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor

April 23, 2025
China’s Xi heads to Southeast Asia to strengthen ties as Trump focuses his trade war on Beijing

China’s Xi heads to Southeast Asia to strengthen ties as Trump focuses his trade war on Beijing

April 14, 2025
Week Ahead: NIFTY Stays In Technically Challanging Environment; Price Action Against These Levels Crucial

Week Ahead: NIFTY Stays In Technically Challanging Environment; Price Action Against These Levels Crucial

0
Tanzania’s top opposition party disqualified from polls, election commission says

Tanzania’s top opposition party disqualified from polls, election commission says

0
Pressures from Kyiv and Washington led to US ambassador’s resignation, sources say

Pressures from Kyiv and Washington led to US ambassador’s resignation, sources say

0
British government takes over running of UK’s last major steel plant from Chinese owner Jingye

British government takes over running of UK’s last major steel plant from Chinese owner Jingye

0
Week Ahead: NIFTY Stays In Technically Challanging Environment; Price Action Against These Levels Crucial

Week Ahead: NIFTY Stays In Technically Challanging Environment; Price Action Against These Levels Crucial

May 12, 2025
Fresh round of US-Iran talks underway in Oman as two sides try to overcome deep divisions

Fresh round of US-Iran talks underway in Oman as two sides try to overcome deep divisions

May 12, 2025
‘Never again war!’ Pope Leo calls for peace in Ukraine and Gaza in first Vatican address since his election

‘Never again war!’ Pope Leo calls for peace in Ukraine and Gaza in first Vatican address since his election

May 12, 2025
Trump is visiting three of the world’s richest nations. Here’s what’s on their wish list

Trump is visiting three of the world’s richest nations. Here’s what’s on their wish list

May 12, 2025
Master Your Money – Sign Up for Our Financial Education Newsletter!

    Ready to take your financial knowledge to the next level? Our newsletter delivers easy-to-understand guides, expert advice, and actionable tips straight to your inbox. Whether you're saving for a dream vacation or planning for retirement, we’ve got you covered. Sign up today and start your journey to financial freedom!

    Recent News

    Week Ahead: NIFTY Stays In Technically Challanging Environment; Price Action Against These Levels Crucial

    Week Ahead: NIFTY Stays In Technically Challanging Environment; Price Action Against These Levels Crucial

    May 12, 2025
    Fresh round of US-Iran talks underway in Oman as two sides try to overcome deep divisions

    Fresh round of US-Iran talks underway in Oman as two sides try to overcome deep divisions

    May 12, 2025
    ‘Never again war!’ Pope Leo calls for peace in Ukraine and Gaza in first Vatican address since his election

    ‘Never again war!’ Pope Leo calls for peace in Ukraine and Gaza in first Vatican address since his election

    May 12, 2025
    Trump is visiting three of the world’s richest nations. Here’s what’s on their wish list

    Trump is visiting three of the world’s richest nations. Here’s what’s on their wish list

    May 12, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: majorfinancialrules.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 majorfinancialrules.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: majorfinancialrules.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 majorfinancialrules.com | All Rights Reserved