VIEW Justin Trudeau set to form Canada’s next government-CBC News

TORONTO, Sept. 20 (Reuters) – The ruling Liberal Party in Canada led by Prime Minister Justin Trudeau is set to form the next government, CBC News reported on Monday after a close election race.

Elections Canada showed the Liberals to be leading in 146 ridings with only a small fraction of the votes counted.

STORY: Read more

MARKET REACTION: CAD /

CONNECT: https://enr.elections.ca/National.aspx?lang=e

REMARK

JOHN DUFFY, FORMER COUNCILOR TO FEDERAL AND PROVINCIAL LIBERALS

“I think (the liberals) feel justified… The prime minister has pulled off one of the most impressive runs of any ruling Liberal prime minister – three consecutive elections is an incredible achievement, especially with so many parties, where it’s so volatile and in a pandemic, so they feel pretty good about their success here. ”

“A victory is a victory, and the time in power and in power is the time when you need to make changes.”

“Justin Trudeau has proven his political resilience with his re-election. The Liberals were in a very difficult position at the end of August, and there are a lot of campaigns that would have given in and a lot of leaders that would have given in under that kind of pressure. Trudeau essentially won three straight debates and toppled the Liberal campaign. He has proven his resilience without a shadow of a doubt. “

WILL STEWART, NATIONAL MANAGER, HILL + KNOWLTON STRATEGIES AND CONSERVATIVE COMMENTATOR

“I think that was to be expected. Over the past two weeks opinion polls have certainly turned in that direction. Justin Trudeau has called his campaign for a majority. I don’t think he’s going to get there. , which then takes us right back to where we were sort of six weeks ago. Why did we have this election in the first place when we are going back to the exact same House of Commons as we did. had when we left? “

“(The Conservatives) ran a fantastic campaign. Most pollsters would have said a month before this campaign started that Justin Trudeau was on his way to majority … (Leader Erin O’Toole) ran a big campaign positive filled with new ideas, new approaches to solve some of Canada’s difficulties.

“The results of the campaign are obviously not what people wanted – or what the Conservatives wanted anyway – but he ran a great campaign.”

KARL SCHAMOTTA, MARKET LEADER STRATEGY, CAMBRIDGE GLOBAL PAYMENTS

“It sounds like a decisive victory for the Liberals that essentially preserves the status quo and ensures that the budget spending plans that have supported the economy over the past year and a half are likely to continue and continue to support growth. . “

“The more favorable the fiscal policy, the more likely it is that the Bank (of Canada) will be able to move from gradual cut to rate hikes over the next year and a half, and that will certainly support the Canadian dollar. . “

Reporting by Fergal Smith, Moira Warburton Editing by Denny Thomas

Our standards: Thomson Reuters Trust Principles.