Canadian PM Carney says an early election will not be called
Mark Carney's statement on not calling an early election provides some clarity on the political landscape, which is particularly important for market participants concerned about policy continuity.
FCC commissioner Carr says "we will probably have a minor role in the most recent Paramount (PSKY) deal"
Argentinian Energy Minister says oil production could reach 1mln barrels this year
Canadian PM Carney says an early election will not be called
Fed's Goolsbee (2027 Voter) voiced concern about how long the Iran war will last, and more rate cuts in 2026 are unlikely without disinflation
US President Trump and Indian PM Modi reportedly spoke on the phone, NDTV reports; reportedly spoke for nearly 40 minutes
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- Federal fuel tax exemption will cost CAD 2.4bln.
- "Has no idea" when asked whether he will serve only one mandate.
The mention of the fuel tax exemption costing CAD 2.4 billion could indicate potential fiscal strain, impacting the government's ability to maneuver, thereby influencing future economic policy and market expectations around rates. Overall, while the comments reassure against immediate political upheaval, they also highlight underlying fiscal challenges that could affect investor sentiment and guide fixed income and equity markets accordingly.
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