{"id":14154,"date":"2021-09-21T12:12:44","date_gmt":"2021-09-21T12:12:44","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/09\/21\/markets-respond-to-canadian-federal-election-live-updates\/"},"modified":"2021-09-21T12:12:44","modified_gmt":"2021-09-21T12:12:44","slug":"markets-respond-to-canadian-federal-election-live-updates","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/09\/21\/markets-respond-to-canadian-federal-election-live-updates\/","title":{"rendered":"Markets respond to Canadian federal election: live updates"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n<nav aria-label=\"Breadcrumb\" class=\"breadcrumbs\">\n<h2 class=\"visually-hidden\">Breadcrumb Trail Links<\/h2>\n<ol class=\"breadcrumbs__items list-unstyled\">\n<li class=\"breadcrumbs__item\"> FP Investor <\/li>\n<li class=\"breadcrumbs__item\"> FP Finance <\/li>\n<li class=\"breadcrumbs__item\"> FP Economy <\/li>\n<li class=\"breadcrumbs__item\"> Election 2021 <\/li>\n<\/ol>\n<\/nav>\n<p class=\"article-subtitle\"> What Justin Trudeau&#8217;s win is doing to the loonie, stocks and the outlook for the economy <\/p>\n<div class=\"article-meta\">\n<div class=\"published-by\">\n<p>Author of the article:<\/p>\n<p> <span class=\"published-by__author\">Kelsey Rolfe<\/span> <\/div>\n<div class=\"published-date\">\n<p>Publishing date:<\/p>\n<p> <span class=\"published-date__since\">Sep 21, 2021<\/span> \u00a0\u2022\u00a0 <span class=\"updated-date__since\">20\u00a0minutes ago<\/span> \u00a0\u2022\u00a0 <span class=\"published-date__word-count\">1 minute read<\/span> \u00a0\u2022\u00a0 <span>  <span class=\"comment-bubble\"> <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" height=\"16\" viewbox=\"0 0 24 24\" width=\"16\"><path d=\"M4,0 C2.93914,0 1.921718,0.421428 1.171572,1.171572 C0.421428,1.921718 0,2.93914 0,4 L0,24 L3.846,20.158 L4,20.16 L20,20.16 C21.0608,20.16 22.0782,19.73858 22.8284,18.98842 C23.5786,18.23828 24,17.22086 24,16.16 L24,4 C24,2.93914 23.5786,1.921718 22.8284,1.171572 C22.0782,0.421428 21.0608,0 20,0 L4,0 Z M2,4 C2,3.46956 2.21072,2.96086 2.58578,2.58578 C2.96086,2.21072 3.46956,2 4,2 L20,2 C20.5304,2 21.0392,2.21072 21.4142,2.58578 C21.7892,2.96086 22,3.46956 22,4 L22,16.16 C22,16.69044 21.7892,17.19914 21.4142,17.57422 C21.0392,17.94928 20.5304,18.16 20,18.16 L4,18.16 L3.048,18.126 L2,19.174 L2,4 Z\"\/><\/svg><\/span> Join the conversation  <\/span> <\/div><\/div>\n<figure class=\"featured-image\"><picture class=\"featured-image__ratio featured-image-category__election-2021\"><source media=\"(min-width: 1200px)\" srcset=\"https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=564&amp;type=webp,&#10;            https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=1128&amp;type=webp 2x\" type=\"image\/webp\"\/><source media=\"(min-width: 1200px)\" srcset=\"https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=564&amp;type=jpg,&#10;            https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=1128&amp;type=jpg 2x\" type=\"image\/jpeg\"\/><source media=\"(min-width: 768px)\" srcset=\"https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=472&amp;type=webp,&#10;            https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=944&amp;type=webp 2x\" type=\"image\/webp\"\/><source media=\"(min-width: 768px)\" srcset=\"https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=472&amp;type=jpg,&#10;            https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=944&amp;type=jpg 2x\" type=\"image\/jpeg\"\/><source media=\"(max-width: 767px)\" srcset=\"https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=288&amp;type=webp,&#10;            https:\/\/smartcdn.prod.postmedia.digital\/financialpost\/wp-content\/uploads\/2021\/09\/trudeau0921.jpg?quality=90&amp;strip=all&amp;w=576&amp;type=webp 2x\" type=\"image\/webp\"\/><\/picture><figcaption class=\"featured-image__caption image-caption\"><span class=\"caption\">Canada&#8217;s Prime Minister and Liberal Party Leader Justin Trudeau delivers his victory speech with his wife Sophie Gregoire Trudeau, daughter Ella-Grace and son Xavier at election headquarters on Monday in Montreal, Canada. Prime Minister Trudeau won a third term in Monday&#8217;s federal election. <\/span> <span class=\"credit\">Photo by Dave Chan\/Getty Images<\/span> <\/figcaption><\/figure>\n<\/div>\n<div id=\"\">\n<h2 class=\"visually-hidden\">Article content<\/h2>\n<p data-async=\"\"><em>Polls closed last night and, while the final seat count is still to be determined with mailed ballots yet to be counted, the Liberals seem to have clinched another minority. For continuous updates on the markets\u2019 response, follow along with the Financial Post\u2019s Kelsey Rolfe <a data-evt=\"click\" data-evt-typ=\"User Interaction Click\" data-evt-val=\"{\" control_fields=\"\" source=\"\" type=\"\" name=\"\" target=\"\" url=\"\" vertical=\"\" position=\"\" pixels=\"\" link=\"\" href=\"http:\/\/twitter.com\/kelseyarolfe\" rel=\"noopener noreferrer nofollow\">@kelseyarolfe<\/a> as she liveblogs here. For business-specific tips, announcements and information that should be added to this liveblog, please email krolfe@postmedia.com.<\/em><\/p>\n<\/p><\/div>\n<div id=\"\">\n<h2 class=\"visually-hidden\">Article content<\/h2>\n<p data-async=\"\"><strong>7:45 a.m. \u2014 <\/strong>Good morning! It\u2019s the morning after the 44th federal election, which, at first blush, seems to have brought us near to exactly the same Parliament as we had before. The Liberal Party of Canada is projected to have won a minority government according to both the CBC and CTV News, with the Conservative Party of Canada in official opposition territory. Mail ballots still have yet to be counted, so the final seat counts may change. Follow along with the Financial Post today for more on what the market has to say about the results.<\/p>\n<p> <iframe loading=\"lazy\" frameborder=\"0\" height=\"700\" id=\"\" src=\"https:\/\/elections.thecanadianpress.com\/\" style=\"--height: 700px; \" width=\"540\"><\/iframe> <\/p>\n<p data-async=\"\"><strong>7:47 a.m. \u2014 Loonie\u2019s up:<\/strong> The loonie is strengthening against the U.S. dollar this morning in Asian trading, off the back of rising oil prices and the Liberals\u2019 projected election win, which indicated the status quo of economic supports will continue apace. Foreign investors had worried Ottawa could face a deadlock that would hamper the country\u2019s economic recovery. The Canadian dollar was trading 0.3 per cent higher, at 1.2785, to the U.S. dollar, or 78.22 U.S. cents, after trading in a range of 1.2779 to 1.2830.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>\n<br \/>Markets respond to Canadian federal election: live updates<\/a><br \/>\n<br \/>2021-09-21 12:12:44<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Breadcrumb Trail Links FP Investor FP Finance FP Economy Election 2021 What Justin Trudeau&#8217;s win is doing to the loonie, stocks and the outlook for the economy Author of the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-14154","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=14154"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14154\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14155"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}