The Loonie traded at its weakest intraday level since the start of the pandemic a day after Canada's finance minister resigned.

Lingė: mažumos Vyriausybės scenarijus mažai tikėtinas

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Lingė: Minority Government scenario unlikely

The Canadian dollar slid to its lowest level since March 2020 as Prime Minister Justin Trudeau’s government slips into crisis after the shocking resignation of his finance minister.

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Canada’s Dollar Slumps to Covid-Era Low as Political Risk Mounts

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Canadian dollar slumps as Trudeau's government teeters on collapse

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Canadian Government Collapsing Before Our Eyes

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BREAKING! Trudeau's government COLLAPSING in Canada | Redacted w Clayton Morris

Markets Yesterday’s PMI releases in Europe and the US confirmed the ongoing divergence in growth on both sides of the Atlantic, cementing market expectations on similar divergence in Fed and ECB policy. The S&P global US flash PMI showed output growth at the end of the year at a 33-month high (56.6 from 54.9) amid […] The post Canada’s Minority Government on the Brink of Collapse appeared first on Action Forex.

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Canada's Minority Government on the Brink of Collapse - Action Forex

Although Nemunas Aušra has spoken about the possibility of withdrawing from the coalition, Conservative faction leader Mindaugas Lingė says that a minority government scenario is unlikely. However, the MP assures that if this were to happen, the Homeland Union-Lithuanian Christian Democrats (TS-LKD) would consider supporting the ruling party on key issues.

Nors „Nemuno aušra“ prakalbo apie galimybę trauktis iš koalicijos, konservatorių frakcijos seniūnas Mindaugas Lingė teigia, kad mažumos Vyriausybės scenarijus yra mažai tikėtinas. Visgi, parlamentaras tikina, kad jei taip įvyktų, Tėvynės sąjunga-Lietuvos krikščionys demokratai (TS-LKD) svarstytų apie paramą valdantiesiems svarbiausiais klausimais.

Canadian dollar slumps as Trudeau's government teeters on collapse

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