In our global meltdown in 2008 Canada rode it out pretty good, I do not think Harper was a total flop.
Was that due to structural, policy issues or was it the deft hand of a leader? Canada didn't have the predatory lending practices that were rampant in the US. If I'm not mistaken, they also don't allow the credit default swaps. (But I could be totally wrong about that.) So banks didn't have the toxic assets, hence they couldn't pawn them off to others via default swaps, AND they couldn't take insurance policies out on these shenanigans like US banks did, AND the couldn't place bets that the toxic assets would falter. The initial shock of a banking collapse was far less for Canada. I'm assuming that what was more difficult was the global collapse in the energy markets, but that quickly recovered at breakneck speed. Obviously, I am not an economist and I am not an expert by any means, so please feel free to correct me.
Pretty much nailed it - if Harper can take credit for weathering the Great Recession, he should really thank Paul Martin and even Mike Wilson for the jobs they did as finance ministers from the late eighties onwards. Canadian banks and the financial sector only lost where they were exposed to US subprime shenanigans, and any folks who lost whatever stock market losses that followed. If anything the recent decline in oil prices showed the soft underbelly of the Canadian economy, which you could blame on Harper for not diversifying the economy more (and most PMs before him) for not having greater manufacturing sector depth. Either way, his focus was on trade deals and service sector jobs back home wasn't horrible - just par for the course since Mulroney did the FTA in 88.
Congrats. A lot has to happen for the institution that is Der Spiegel to come up with a tabloid-like headline like "the possibly coolest cabinet of the world".
Bump, well it is 2019 and as far as I can see in the news, there may be no real winner. https://www.macleans.ca/politics/ot...e-most-uncertain-federal-election-in-decades/ No electoral college, but they do have first past the post like in the UK, so it could end up with the liberals losing the popular vote (plurality) but wining the most seats.
BTW, can any Canadian here explain to me how "Base" seats work? or how the Seats are allocated in Canada, I know that all provinces have a minimum of 1, but it seems that there are other type of allocations
It's a fustercluck. I think it's a minority Liberal government, where they'll have to work with the NDP to get stuff done. Ideally that'd be the outcome today. The Liberals don't deserve another majority, but the Conservatives haven't shown much to deserve forming government either. The Conservatives could win the most seats, but if the Conservatives don't win an outright majority I think the Liberals will form a coalition with the New Democrats to form government that way. The path to government runs through Ontario, and that's still holding strong for the Liberals off the back of a unpopular Conservative provincial government there. Trudeau has spent a lot of time painting Scheer and Doug Ford as tied at the hip with a certain degree of effectiveness.
Yeah, it looks like non of the recent polling picks any party to win the 170 seats needed. 1186380082929111041 is not a valid tweet id
It seems that Trudeau has won. Not confirmed yet if the Liberals have won a majority or if it will be a minority government. in any case, it is a better option than the Conservatives. Canadian Election: As poills close in BC Global, CTV and Radio-Canada (CBC French) make the call for a Liberal Minority Government by 7:07 PM. CBC English hasn't made a call yet.— Joe Capitano (@Joe_Capitano) October 22, 2019
Minority. Proportional representation is badly needed though. It's ridiculous that the Conservatives win the popular vote and have less seats. It's also ridiculous that the Greens aren't an official party while the Bloc are, or that the NDP have less seats than the Bloc.
In the case of proportional representation, I think the Liberals would've formed a coalition with the NDP. So I don't think Scheer would've been Prime Minister very long anyways. But yes, the Conservatives deserved more seats.
Trudeau looked at the numbers and that electoral reform would have impacted him very negatively. The Bloc would have no problems supporting that view. There's gonna be no electoral reform in Canada. A fitting cap to a nasty election campaign: Trudeau starts victory speech moments after Scheer gives his speech, forcing networks to cut away #elxn43 #cdnpoli pic.twitter.com/pvYvX1CaSM— Richard Madan (@RichardMadan) October 22, 2019
I'm not sure if the American standard of doing politics is the right way to go where everything is always turned up to 11.
Well, at least he didn't call his opponent an "evil, reptilian kitten eater from another planet" like one of the Tories did a few years back.