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The current Prime Minister of Canada won the election. What the media is writing

Liberals have won the parliamentary elections in Canada
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Parliamentary elections have been held in Canada. The Liberal party of the current Prime Minister Mark Carney is winning and will be able to form a minority government, although until recently it was significantly inferior in polls to the Conservative Party. After the success, Carney announced the severance of existing relations with the United States, which had been his main topic during the election campaign. What the media say about the vote is in the Izvestia digest.

The Washington Post: Liberals win in Canada

The Liberal Party of Canadian Prime Minister Mark Carney will win the federal election. Just a few months ago, she was on her way to a potentially historic defeat. It is not yet clear whether the Liberals will lead a minority or majority government, as the vote count continues. In a minority government, the ruling party will have to form a coalition with some opposition parties. This will be Canada's fourth consecutive liberal government since 2015.

The Washington Post

Amid the US President's trade war [Donald Trump] and threats of annexation of the northern neighbor, voters rushed to Carney, a political novice who headed the Bank of Canada during the global financial crisis and the Bank of England during Brexit. He positioned himself as a reliable hand in a destabilizing time.

According to polls conducted on the morning of April 29, the Liberals won or were in the lead in 165 districts, which is less than the 172 seats needed for a majority. The Conservatives were trailing with 147 seats. Support for the smaller center-left parties has dropped significantly. The result may raise questions about Pierre Pualevre's leadership of the Conservative Party and its future, although it will gain more seats than in 2021.

Reuters: Carney announced the end of relations with the United States

Prime Minister Carney promised to take a tough stance on import duties in Washington and said Canada would have to spend billions of dollars to reduce its dependence on the United States. He emphasized that his experience in solving economic issues makes him the best leader to interact with Trump.

Reuters

"Our old relationship with the United States, a relationship based on ever—growing integration, is over," Carney said in his victory speech in Ottawa. "The system of open global trade supported by the United States, the system that Canada has relied on since World War II, a system that, while not perfect, has helped ensure our country's prosperity for decades, is over."

During the election, Trump repeated his call in a social media post to make Canada the 51st state. Earlier, he said he could use "economic force" to achieve this.

BBC News: Why Liberals won and Conservatives lost

Trump's threats of tariffs and his comments undermining Canada's sovereignty played a huge role in the election, suddenly making the country's leadership and economic survival the defining issues of the campaign. Carney used this to his advantage, speaking out against both Trump and Pualevre.

BBC News

Carney warned that Canada was in a moment of crisis, and during the election campaign (and in his victory speech) he often stated that Trump "wants to break us so that America can own us." Pouillevre mentioned Trump much less frequently during the campaign, focusing on domestic issues—the cost of living, the housing affordability crisis, and crime—and attacking liberals for their positions on these issues.

The Liberals' success is also explained by the fact that voters turned away from small parties that lost a significant share of the vote. The share of the New Democratic Party decreased from 18% to 6%, while support for the Greens fell from 2% to 1%.

Politico: Carney's election was unlikely

The former banker, with the prudence of a born technocrat, convinced millions of Canadians that he was the one capable of leading the country, despite an unprecedented stream of threats and ridicule from Trump. When former Prime Minister Justin Trudeau announced his resignation in January amid deep unpopularity, Carney was not yet a politician. The Liberals elected him to the post of leader and prime minister only in March.

Politico

Most political observers did not predict that a person connected with numbers, who lacked political experience, would be able to change the fate of his party. When Trudeau finally announced his resignation, the Liberals had reached a dismal low in the polls. Conservative leader Pierre Pouillevre was ahead of his rivals by 25%, virtually guaranteeing victory at the next opportunity. The liberal staff had been abandoning ship for months, and many of those who remained had lost hope.

Epochal events took place with amazing speed in January. Carney competed for the leadership of the party with former Finance Minister Chrystia Freeland, whose resignation in December intensified calls for Trudeau's departure. He raised more funds than Freeland and won more votes. By the time he started campaigning, the Liberals were ahead in the polls for the first time since 2023. He barely had time to even hire staff.

Bloomberg: the Canadian dollar is falling due to the uncertain victory of the liberals

The Canadian dollar weakened against the US currency amid speculation that the Liberal Party would win only a minor election victory. The Canadian dollar fell 0.1% to 1.3842 per dollar in early London trading, while stock futures for members of the S&P/TSX 60 index listed in the United States were virtually unchanged.

Bloomberg

"The slight weakness can be explained by the fact that there is very likely to be a minority government," said Rodrigo Catril, strategist at National Australia Bank Ltd. "Now the focus should shift to negotiations between the United States and Canada, which will be more important for the Canadian dollar."

The Canadian dollar hit its weakest level in two decades in early February, when Trump first announced tariffs on imports from Canada and Mexico. It has since recovered as some trade restrictions have been eased and negotiations have mostly been postponed until after the election. Since the beginning of the year, the Canadian currency has risen by about 4% against the US dollar as investors flee American assets, but this growth is less than that of many world currencies.

Переведено сервисом «Яндекс Переводчик»

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