Close Menu
Finance For Sight
  • Home
  • Markets
  • Funds
    • Markets
    • Stocks
    • Investments
    • Economy
  • Contact
What's Hot

KSE-100 Index gains 442 points as buying persists – Markets

March 15, 2025

Australian children able to bypass age limit set by social media platforms, report shows – World

February 20, 2025

India’s Modi says Trump has ‘clear roadmap’ in second term – World

March 17, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Finance For SightFinance For Sight
Subscribe
  • Home
  • Markets

    European shares flat as losses in energy counter industrials’ boost – Markets

    February 21, 2025

    Indian rupee ends at one-week high on likely inflows, tops Asian peers – Markets

    February 21, 2025

    Ugandan shilling firmer on charity and offshore investor FX flows

    February 20, 2025

    Nigeria’s central bank keeps main interest rate unchanged – Markets

    February 20, 2025

    Most Gulf markets gain despite US tariff worries – Markets

    February 20, 2025
  • Funds
    1. Markets
    2. Stocks
    3. Investments
    4. Economy
    5. View All

    European shares flat as losses in energy counter industrials’ boost – Markets

    February 21, 2025

    Indian rupee ends at one-week high on likely inflows, tops Asian peers – Markets

    February 21, 2025

    Ugandan shilling firmer on charity and offshore investor FX flows

    February 20, 2025

    Nigeria’s central bank keeps main interest rate unchanged – Markets

    February 20, 2025

    India’s benchmarks set to open lower – Markets

    February 21, 2025

    European shares flat as losses in energy counter industrials’ boost – Markets

    February 21, 2025

    Ugandan shilling firmer on charity and offshore investor FX flows

    February 20, 2025

    India’s benchmarks set to open lower – Markets

    February 21, 2025

    G20 FMs meeting calls for ‘cooperation’ – World

    February 21, 2025

    Indian rupee to benefit as dollar eases to year-to-date lows, eyes portfolio flows – Markets

    February 21, 2025

    Ugandan shilling firmer on charity and offshore investor FX flows

    February 20, 2025

    UK police arrest man for arson after fire at PM Starmer’s house – World

    May 13, 2025

    China, Latin America trade exceeded $500 billion in 2024

    May 13, 2025

    Trump says US is ready to help Pakistan, India with trade – World

    May 13, 2025

    Indian PM Modi vows strong response to any future ‘terrorist attack’ – World

    May 12, 2025

    India’s benchmarks set to open lower – Markets

    February 21, 2025

    Indian rupee to benefit as dollar eases to year-to-date lows, eyes portfolio flows – Markets

    February 21, 2025

    Nigeria’s central bank keeps main interest rate unchanged – Markets

    February 20, 2025

    Most Gulf markets gain despite US tariff worries – Markets

    February 20, 2025
  • Contact
Finance For Sight
Home»Economy»Canadian election campaign limits govt as more tariffs loom – World
Economy

Canadian election campaign limits govt as more tariffs loom – World

Finance for SightBy Finance for SightMarch 26, 2025No Comments3 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Canadian election campaign limits govt as more tariffs loom - World
Share
Facebook Twitter LinkedIn Pinterest Email

OTTAWA: Canadian Prime Minister Mark Carney’s decision to call for a snap election for April 28 could curtail his ability to respond forcefully if the United States carries out a threat to impose additional tariffs.

Now that campaigning has started, the government is bound by a so-called caretaker convention, which means it can engage in routine business but should avoid major policy decisions.

The election comes at a particularly sensitive time for Canada given the threat it faces from US President Donald Trump’s tariffs and remarks about annexing Canada, which Carney on Sunday called “the most significant crisis of our lifetimes.”

Ministers retain their jobs but virtually all aides were obliged to stop using their work emails and cell phones the second the election was announced on Sunday.

This begs the question of what happens if Trump follows through with a plan to slap additional tariffs on Canadian imports on April 2, on top of the 25% tariffs already imposed in March on Canadian imports of steel and aluminum.

The caretaker convention allows the government to take care of urgent business, so Canada would be able to announce the countermeasures it has already promised, experts said, though additional retaliation could be more difficult.

Asked by CBC news on Wednesday whether Canada could impose already announced counter measures during an election, Foreign Minister Melanie Joly replied: “Yes, of course, because ultimately we are the government … our job is to defend the national interest.”

However, talking to Trump, going to Washington or announcing new measures to counter US tariffs, could open Carney to attacks from opposition parties unhappy that he was using his office to bolster his own standing during the campaign.

“I anticipate that during the actual election, people will be a bit more circumspect, but it does depend quite significantly on the will of political actors to restrain themselves,” said Philippe Lagasse, a professor and constitutional expert at Ottawa’s Carleton University.

Asked on Sunday why he was calling an election in the middle of a tariff war, Carney said he needed a vote to take place to show he has a strong mandate to manage Canada’s economy and negotiate with Trump.

During a campaign in October 2015, then Conservative Prime Minister Stephen Harper called a press conference to announce Canada had joined a transpacific trade pact.

Opposition leader Thomas Mulcair complained about the event with reporters, saying “it’s inconceivable that Stephen Harper signed a secret deal in the midst of an election campaign.” Harper lost the election.

During an election campaign in February in the Canadian province of Ontario, premier Doug Ford came under fire for traveling to Washington to campaign against tariffs. But Ford won reelection.

“The trick is not to be seen as taking advantage of the situation in a way that people are going to think is unfair,” said Andrew McDougall, an assistant professor of political science at the University of Toronto

“(Carney) is going to have to be aware that … that he is technically sort of bound by this convention, and so he doesn’t want to be seen to be violating it.”

In polls conducted just before the campaign started, the Liberals and official opposition Conservatives were effectively tied.

The results indicate the Liberals would win the most seats, and potentially form a majority government, since their support is concentrated in the eastern half of the country where there are more seats up for grabs.

The Conservatives did not respond to a question on whether they were worried the Liberals might breach the caretaker convention.

campaign Canadian election govt limits loom tariffs World
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleTrump officials defend use of wartime law to deport migrants – World
Next Article Trump signs order requiring citizenship proof in federal elections – World
Finance for Sight
  • Website
  • Facebook

FinanceForSight is your trusted source for expert insights on the economy, investments, stocks, funds, and financial markets. We help you stay informed and make smarter financial decisions every day.

Related Posts

UK police arrest man for arson after fire at PM Starmer’s house – World

May 13, 2025

China, Latin America trade exceeded $500 billion in 2024

May 13, 2025

Trump says US is ready to help Pakistan, India with trade – World

May 13, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

EU agrees new sanctions on Russia, marks support for Ukraine – World

February 24, 2025

India’s benchmarks set to open lower – Markets

February 21, 2025

Iran says open to indirect nuclear talks with US – World

March 24, 2025

Israeli minister says cutting off Gaza electricity – World

March 9, 2025

Houthis say US warplanes carry out 19 strikes in Yemen – World

March 26, 2025

Subscribe to Updates

Join our community and get the latest finance insights, market updates, and investment tips delivered straight to your inbox. Stay ahead in your financial journey—sign up now!

Advertisement
Check out this product on Amazon!

FinanceForSight is your trusted source for expert insights on the economy, investments, stocks, funds, and financial markets. We help you stay informed and make smarter financial decisions every day.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Oil prices rise on US attack on Houthis and China economic hopes – Markets

March 17, 2025

OECD raises concerns as countries slash foreign aid – World

April 17, 2025

Rupee slips lower against US dollar – Markets

March 4, 2025

Rubio meets Canadian FM as Ukraine, trade war dominate G7 – World

March 13, 2025
Get Informed

Subscribe to Updates

Join our community and get the latest finance insights, market updates, and investment tips delivered straight to your inbox. Stay ahead in your financial journey—sign up now!

© 2025 Finance For Sight. Designed by Finance For Sight .
  • Home
  • Markets
  • Stocks
  • Funds
  • Economy

Type above and press Enter to search. Press Esc to cancel.