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Expect Bigger Deficits and Energy Unease Under a Trudeau Minority

  • Liberals hangs onto to minority parliament in divided country
  • More spending could mean the BOC will not need to do so much

Justin Trudeau speaks in Montreal after his election victory Monday night.

Photographer: Christinne Muschi/Bloomberg
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Larger federal deficits, continued uncertainty for the energy sector and a potential push to reduce bills in the telco sector are in store for Canada after Prime Minister Justin Trudeau won a second term on Monday, investors and analysts say.