Odaily Planet Daily News Tony Stillo, Director of the Canadian Economic Department at the Oxford Economics Institute, stated that the agenda of the Canadian Conservative Party could have a significant impact on Canada's economic outlook for 2025 and beyond. If Canadians vote to oust the current Liberal Party, the details will be crucial. Canadian Prime Minister Trudeau has decided to resign and has asked Governor General Mary Simon to prorogue Parliament so that the Liberal Party can elect a new leader. Stillo indicated that Canada might hold elections in May. Polls show that Canadians are likely to vote for the Conservatives in majority, and the Conservatives may focus on balancing the budget and repaying national debt. However, the plan to abolish the federal carbon tax is neutral for the economy, as it would immediately lower gasoline prices but also mean the end of carbon rebates.