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The Intelligence from The Economist

The course of Trudeau love: Canada’s election

The Intelligence from The Economist

The Economist

News, Global News, Daily News

4.53.7K Ratings

🗓️ 22 October 2019

⏱️ 21 minutes

🧾️ Download transcript

Summary

Justin Trudeau will remain prime minister, but will lead a minority government. He will probably be able to continue with his progressive push, but his halo is a bit tarnished. It’s ten years this month since Greece’s financial implosion; we look back on a decade spent balancing the books. And, the surprising success of fun stock-ticker symbols. 

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio.

0:07.0

I'm your host, Jason Palmer.

0:09.0

Every weekday we provide a fresh perspective on the events shaping your world.

0:17.0

This month marks 10 years since revelations in Greece rattled the whole of Europe

0:22.0

and kicked off a blistering financial crisis in the country.

0:25.0

A crisis whose echoes can still be heard.

0:28.0

We look back on a decade of efforts to balance the books.

0:32.0

And stock ticker symbols are normally pretty boring fare.

0:36.0

But there are a few companies that have chosen fun letters to denote their businesses on the markets.

0:41.0

And the funny thing is, that seems to make the stocks do better.

0:44.0

First up though.

0:51.0

It was a tense night for Canada's Prime Minister Justin Trudeau.

0:56.0

But the results have been counted and he's won a second term in yesterday's federal election.

1:01.0

You are sending our liberal team back to work, back to Ottawa with a few words.

1:08.0

You are sending our liberal team back to work, back to Ottawa with a clear mandate.

1:15.0

We will make life more affordable. We will continue to fight climate change.

1:21.0

We will get guns off our streets and we will keep investing in Canadians.

1:28.0

It was a tight and at times aggressive race and a narrow victory for Mr. Trudeau,

1:33.0

who's lost his majority and will now lead a minority government.

1:37.0

His first win drew plenty of attention and praise for his progressive policies and a straight talking approach to government.

1:44.0

But the Prime Minister's first term wasn't entirely rosy.

1:48.0

This election was in large part a referendum on the record of Justin Trudeau,

...

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