According to Bloomberg, Canadians are tired of austerity and looking for fast answers. It questions whether Treadeu’s government can government deliver?
On the back of lower energy prices, I think that Canada needs to brace herself for a reality check. Like Australians, Canadians must learn that there’s no free lunch. Europeans will readily share that there’s no magic alternative to austerity.
It will be interesting to see how financial markets view Trudeau’s policies.
I sense that Canada must be ready for some bitter medicine.