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ML555 said:
If Canadians elect the Liberal Party again, after nearly a decade of in power, it may be that Canada may enter into a virtually single-party state in the longer term. Despite the insincerity of my comment here, the Canadian voter seems often too apathetic to create robust political parties of smaller sizes; or even if coalitions where the case in many elections going forward, one might argue the efficacy of the 'compromises' inherent in the system may be less than idealized.
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I'm not sure you can lay the lack of alternative options at the feet of an apathetic electorate. If there is any single factor, our electoral system holds them back but I'm not sure it is solely to blame for the fact that other parties can't gain traction. Two or three dominant parties seem to be a hallmark of western -style democracies, both parliamentary and republic, whereas European democracies tend to lean to multiple parties. Perhaps the fact that most western systems haven't been rocked by war and other major upheavals in their recent past has something to do with it.
 
Now this is just the endorsement Pierre was looking for:

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^That sure puts a dent on his "tough on crime" narrative. Or you'd think...
 
Richard White said:
I contemplated voting at my advance polls but they are in a stupidly awkward location for me
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Voting by mail was fast and easy. We got our ballots within days. You have until April 22 to request one, and they need a scanned image your driver's licence.

I decided to do this because normally, we have a voting station here in the residential building at Manulife, but this year they decided to send us to Cumberland Terrace - lots of empty spaces there to be sure, but with so many people living around here now, it will be crowded. After we mailed our ballots, management here told us they actually convinced Elections Canada to reinstate our voting station and send new voting cards to all tenants. That was surprising.
 
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It's annoying too that they had the advance polling smack on the Easter weekend where I am out of town visiting the folks... >.<
 
I've heard mixed reviews on the Easter weekend dates -- great, people are home! bad, people are away! You can apply for a mail-in ballot until April 22, and you can also go to an Elections Canada office on any day up until the advance polls open.
 
PinkLucy said:
Not that Maga Maples will read this, but it's very informative and if the Liberals can "sell" it, it's powerful stuff https://deanblundell.substack.com/p/carneys-checkmate-how-canadas-quiet

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So..... I've been looking into this............

First.....it needs to be said..to confirm this move, we'd need to see the holdings of the B of C and others of U.S. T-Bills prior to April and after the sell off.

We don't currently have that information publicly.

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Second.....based on trade volumes in the Bond market that are visible.............the most likely proximate cause, it seems, is hedge funds liquidating to cover what are called 'basis trades'.

That does not preclude central bank involvements around the world; essentially hedge funds needed to move when it appeared they had bet wrong on the spread.

For background on basis trades, follow this link: https://intacapitalswiss.com/what-is-basis-trading-and-how-does-it-affect-the-treasury-bond-market/

Why did they think that though? Much like a market crash, a few big moves can cause wider panic, and automatic sells when certain price thresholds/yields kick-in.

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Overall, I find the theory plausible, but not provable between now and the election date.

It seems like something the Carney campaign would be pleased to see out there..........since it makes him look smart, well connected etc.

Of course..........a PM, never mind a caretaker one, is not supposed to be directing B of C reserve currency strategies.............but if one were ever likely to, a former BoC governor seem as likely a candidate as any.

Edit to add: It occurs to me that @Jonny5 might have thoughts.
 
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I think it's one of those things Canrey's side would like to brag about, but for a multitude of reasons they can't...
 
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