Canadian election results trickling in: Liberals are in the lead in Eastern Canada
|Canada’s federal election results have started to trickle in - However, we will not get the full picture until much later in the shift, circa 0200GMT when the polls close in the westernmost parts of the nation.
PM Justin Trudeau’s Liberals are in a tight race against Andrew Scheer’s Conservative Party.
The polls had been predicting that Trudeau and the Liberals would retain power but will lose their parliamentary majority.
It looks like Health Minister Ginette Petitpas Taylor has kept her seat in Moncton--Riverview--Dieppe. What's interesting, however, is that her Green rival is not far behind her, a trend that's being seen across several ridings so far.
NDP have won their first seat in Atlantic Canada. According to these early polls Jagmeet Singh's party have taken their first riding, St John's East. This is a seat the party did not expect to lose to Liberals in 2015, and was part of Trudeau's red wave.
British Columbia - a key region in this election - is the last region to close voting, expected to happen at about 10pm EST.
FX implications:
"The prospect of an alliance between Trudeau’s Liberals and left-leaning parties could weigh on the Canadian dollar," analysts at Westpac argued.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.