USD/CAD - Canada election

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Hi, today we are going to talk about USD CAD and its current landscape.


Yesterday, after have been backlashed by scandals and controversy, the Canadian Prime Minister Justin Trudeau overcame the challenges and grasped the office once more, winning a second term in national elections. But the damage of its polemics has been felt by Trudeau’s Liberal Party of Canada that lose its the majority on parliament a popular vote. This minority's expected to weaken Trudeau's mandate, even if we consider that the part clashing with the Prime Minister is the Conservative Party of Canada that edged out the Liberals in the popular vote by 34.5% to 33%.

Putting this on the table, even if Canadians have voted for a progressive agenda and gave Justin Trudeau a new confidence vote, the challenge ahead of its undeniable, the siege pulled by the rising of a Conservative philosophy in Canada will put pressure on the Prime Minister that it's already quite vulnerable politically, and may force him into a clash that could lead down the road to an economic and political stall, that puts Canada future at risk. Now Canada enters the list of divided countries, like the U.S, the U.K, Spain, France, and others, that now spend more time fighting against each other than towards any substantial progress.

Thank you for reading and leave your comments if you like.

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