RSSCanadian Conservatives Win, Fall Short of Majority
By Chip Hanlon | October 15, 2008 | 11:16 AM | 1 Comment
Yesterday, Canadian Conservatives experienced what American Conservatives are unlikely to less than a month from now: victory.
Still, the win was incomplete; while it looks like they picked up 16 more spots in parliament, at 143 seats the Conservative party fell 12 short of an outright majority with which they could pass any legislation they wished.
There are implications here for Canadian energy trusts but I'll write more about this topic and about some specific trust names tomorrow as our firm, Delta Global, comes out of a quiet period on the sector. If you can't wait, dig around the archives of this site as well as mine at RealMoney (the subscription arm of TheStreet.com) and you should be able to get the political backdrop.
Separately: check out this week's episode of my podcast as I interviewed the first person to serve as Fannie Mae's Chief Credit Officer in the 1980s-- talk about insights into today's mess!
Want to check out something cool? You can also listen to my pod via telephone: just dial 714-333-0344 to hear it....listen from the office or from the road... pretty nifty.
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