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r/CanadianInvestor • … • u/BillyBeeGone

PP's Economic Boost

With the latest polls showing a 'super majority' for Pierre Poilievre one can only help to see how he will influence the TSX in the coming years. The biggest thing that comes to mind is his platform against the carbon tax. With the removal of such a federal tax, how much of a boost (short and long term) do you think it will influence the economy? Governments such as Ontario and the Praries would immediately remove the tax but I don't see BC's current government doing so (maybe Quebec?)

How much of a boost do you think this would translate to consumer spending? With declining costs for businesses would profit margins grow and costs remain the same or prices get reduced in a bid for more sales? Maybe finally a reversing our GDP per capita decline?

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