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Amid Slumping Economy, Canada’s Stephen Harper Braces for Tight Election Race
Keywords:
Voter fatigue with the Conservatives under prime minister Harper is showing up in the province of Ontario. The area around London, Ontario, and Toronto is critical in the 2015 general election. A large loss of manufacturing jobs has left this key manufacturing region of Canada so weakened that the recent 20% decline in the Canadian currency is not leading to a rebound in the manufacturing sector. The Liberals under Justin Trudeau have promised to run a slight deficit to invest in infrastructure that would help the manufacturing sector, while Harper's Conservatives plan to keep the status quo. The vigorous campaign run by Trudeau, the son of a former prime minister, is also helping the Liberals, who are moving ahead in the polls.
The hollowing out of Canada's manufacturing sector in Ontario province under the Conservative government and the general election of 2015
10/19/2015
The area around London, Ontario and Toronto, has seen a large loss in manufacturing jobs in the oil boom years. With the 20% decline in the Canadian currency after a fall in oil prices in 2014-2015, the manufacturing sector is seen as being so weakend that it has failed to benefit from the improvement in competitiveness. With no plan from the Conservatives under prime minister Harper other than going with the status quo, voters are shifting to the Liberal Party under Justin Trudeau. Trudeau says he will run a small deficit to invest in infrastructure that will help manufacturing.
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