On Monday, the Conservative Party of Canada took its first majority in its history. This was a victory on several levels. First, after a disastrous 1993 election in which the Progressive Conservative party was reduced to two seats after its base split off in the west into the Reform Party and rise of the Bloc Quebecois in Quebec. Now a reconstituted Conservative Party (note the | Read More »
Canadian unions are urging retaliation against a Buy America provision: Two of Canada’s largest unions are urging the federal government to adopt a Buy Canadian policy similar to the proposal that has been criticized in the United States. The Europeans and the Chinese haven’t kicked in yet. President Obama and the Democrats in Congress are standing at the edge of a precipice, trying to decide | Read More »
In Canada, after a federal election, federal parties receive a grant from the federal government equivalent to $1.75 Canadian for every vote that the party received. The newly re-elected Conservative government tried to repeal that subsidy of political parties: The opposition said the update did not contain needed stimulus for an economy increasingly squeezed by the global downturn, but they were most angered by a | Read More »
This morning’s WSJ notes an agreement between Canadian Prime Minister Stephen Harper and French President (and rotating EU President) Nicolas Sarkozy to expand trade relations: Prime Minister Stephen Harper and President Nicolas Sarkozy of France signed an agreement Friday to begin negotiations for a free trade pact between Canada and the European Union. A Canada-EU study released last week outlines the joint economic benefits of | Read More »
Several things to note from the Canadian elections. The Conservatives picked up 19 seats, but only 1.1% of the vote and the lowest turnout in Canadian history. The most significant feature of this election was the collapse of the Liberal Party out west and in Ontario. (they actually beat many polls in Quebec) The socialist party, the New Democratic Party or NDP, cut into Liberal | Read More »
Today, Canadians vote. In the last election, the Conservative Party of Canada (CPC) achieved a minority government (meaning the largest block in parliament without having a majority), their first victory since the disastrous election of 1993 when the Progressive Conservatives went from an outright majority to 2 seats. Prime Minster Stephen Harper’s government, elected in February 2006, has been the longest serving minority government in | Read More »
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