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Today’s Top 5 – April 29, 2025

1. 🇨🇦 Mark Carney’s Liberals Win Federal Election Amid Anti-Trump Sentiment

Prime Minister Mark Carney led the Liberals to a surprising win in the 2025 federal election. Expected to struggle post-Trudeau, the party gained ground amid backlash to U.S. President Donald Trump’s hostile rhetoric. Carney’s calm, experienced tone resonated with voters uneasy about global instability. ​

Meanwhile, Conservative leader Pierre Poilievre lost his seat and momentum, unable to shift away from his Trudeau-focused platform. The Liberals now hold 165 seats, just shy of a majority. ​


2. 🇺🇸 Trump’s Tariffs and Annexation Remarks Reshape Canadian Politics

Trump’s tariff threats and annexation comments dominated Canadian headlines and voter concerns. Carney responded with promises of economic resilience, while Poilievre failed to clearly address the issue. ​

This U.S. interference fueled a nationalistic push and likely tipped several close ridings, highlighting how deeply American politics affect Canada’s trajectory. ​


3. 🗳️ Pierre Poilievre Loses Carleton Seat in Stunning Upset

In a dramatic turn, Conservative leader Pierre Poilievre lost his long-held Carleton seat to Liberal challenger Bruce Fanjoy. Poilievre, who had represented the Ottawa-area riding since 2004, was unseated amid a broader Liberal resurgence. ​Wikipedia+3Yahoo News+3Wikipedia+3Bulldog Ottawa+1Blazing Cat Fur+1

His defeat marks a significant blow to the Conservative Party, raising questions about its future direction and leadership. ​


4. 🏛️ Jagmeet Singh Resigns as NDP Leader After Losing Seat

After losing his seat in the federal election, Jagmeet Singh resigned as NDP leader. The party’s vote share declined sharply, reigniting debates over strategy and identity. ​

Singh’s departure opens the door for a leadership race and potential reset as the party re-evaluates its direction. ​


5. 📉 TSX Futures Dip Amid Election Uncertainty and U.S. Trade Tensions

Markets dipped slightly post-election, with TSX futures down 0.13% amid investor caution. Concerns around Trump’s trade threats and Canada’s political transition drove volatility. ​AP News+1The Washington Post+1

Analysts await signals from Carney’s government on trade, energy, and fiscal priorities. ​

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