Posts Tagged ‘Harper’

Notes From Underground: It is May Day and the Markets are Truly International

May 1, 2011

Elections are tomorrow in Canada. The polls are tight as the surprise is coming from the gains in the polls for the ¬†New Democratic Party (NDP), a party led by Jack Layton and is further left than the Liberal party that moved to start the NO-CONFIDENCE VOTE, which forced the early election. It seems that the TORIES will hold their numbers but the¬†desire by Prime Minister Harper to become an outright majority party will not be realized. The political situation in Canada can become very confused as the LIBERALS/NDP may be able to forge a government if the most current polls are accurate. The markets have paid little attention to the polls as the Canadian Dollar closed the week and month out almost on its recent highs–another statement about the U.S. DOLLAR.

(more…)