Reported 2 days ago
As Canada prepares for a likely Conservative government election, investors are optimistic about potential economic reforms that favor business-friendly policies. Polls suggest a shift from the Liberal government, which could lead to improved trade relations with the U.S., lower taxes, and increased investment. Investors are anticipating a rise in the Toronto Stock Exchange's valuations, especially after a notable 18% gain in 2024. With calls to reverse unfavorable tax policies and deregulate the energy sector, investor sentiment is shifting positively.
Source: YAHOO