Minority Parliament could prompt higher deficits amid party compromises: economists
- Avery Shenfeld, a CIBC chief economist, noted that budget deficits in Canada are likely to increase due to economic shocks and spending promises.
- Candace Laing, CEO of the Canadian Chamber of Commerce, emphasized the need for stability and a clear future plan amid ongoing disruptions from the trade war with the U.S.
- Small business confidence in Canada is near record lows, forecasting a challenging second quarter for the economy.
22 Articles
22 Articles

Minority Parliament could prompt higher deficits amid party compromises: economists
As the Liberal Party appears poised to form a minority government following Monday's election, economists say the focus now shifts toward Prime Minister Mark Carney's spending promises amid the trade war with the United States.
Independents may build on Australia’s history of hung parliaments
Analysis: Major parties used to easily dismiss the rare politician who stood alone in parliament. These MPs could be written off as isolated idealists, and the press could condescend to them as noble, naïve and unlikely to succeed.In November 1930, when independent country MP Harold Glowrey chose to sit on the crossbench of the Victorian parliament while his few peers joined the new United Country Party, the local newspapers emphasised that he c…
A minority parliament would lead to an increase in deficits
While the Liberal Party seems ready to form a minority government after Monday's federal election, economists say that attention is now focused on Prime Minister Mark Carney's spending promises in the context of the trade war with the United States.
Minority Parliament Could Prompt Higher Deficits Amid Party Compromises: Economists
With the Liberal Party poised to form a minority government following the election, economists say the focus now shifts toward Prime Minister Mark Carney’s spending promises amid the trade war with the United States. The Liberals held 169 seats as of late Tuesday afternoon, three short of a majority. U.S. President Donald Trump loomed large over the campaign with his tariff threats and calls for Canada to become a U.S. state. Carney is expected …
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