INSUBCONTINENT EXCLUSIVE:
In a decision that defied global shifts toward libertarian and reformist policies, Canadians re-elected the Liberal Party, led by former
Bank of Canada Governor Mark Carney, for a fourth consecutive term.Securing 164 seats in the 338-seat House of Commons, the Liberals edged
will depend on smaller parties to govern, locking in continuity despite a decade of economic stagnation under Liberal rule
The election unfolded amid heightened U.S
trade tensions and domestic discontent.Carney, a political novice with a global financial resume, campaigned on his ability to counter U.S
Canadians entrusted the party responsible for a decade of sluggish growth to navigate an increasingly volatile future.A Decade of Economic
Since 2015, GDP per capita has grown by a mere 1.7%, trailing most developed nations
Federal debt has nearly doubled, from $800 billion in 2015 to $1.4 trillion in 2024, adding $15,000 per citizen
(Photo Internet reproduction)The military faces a crisis, with a 16,000-personnel shortage and nearly half its equipment unusable
High taxes and regulatory burdens have choked the service sector (70% of GDP) and oil industry, while immigration, once a growth driver, has
trading partner, at a time when global markets demand agility.A Global AnomalyWhile countries like the U.S., Argentina and European nations
leaned on his international credentials and promises of stability, framing the election as a defense against U.S
This resonated in urban centers and among voters prioritizing social programs like childcare and climate initiatives.Exit polls showed 62%
The Conservatives, led by Pierre Poilievre, pushed tax cuts and deregulation, gaining ground in Western Canada but falling short in
Carney has vowed to boost innovation and diversify trade, but his minority government faces a fractious parliament.The NDP and Bloc
citizens poorer in a world demanding change.
