According to Odaily Planet Daily, Tony Stillo, director of the Canadian economics department of the Oxford Economics Institute, said that the agenda of the Canadian Conservative Party may have a significant impact on the economic outlook in 2025 and beyond.
Canadian Prime Minister Justin Trudeau has decided to resign and asked Governor General Mary Simons to suspend parliament so that the Liberal Party can choose a new leader. Stillo said Canada may hold a general election in May.
Polls show Canadians will vote for a Conservative majority. The Conservatives are likely to focus on balancing the budget and paying down the national debt. Repealing the federal carbon tax plan is neutral for the economy because it lowers gasoline prices but ends the carbon rebate.