Custom Search

Friday, September 12, 2008

Canadian Federal Election

From The Hoss's Mouth

Hoss Cents Free Financial Money Magazine now has two major elections to cover. Canada and the United States are running concurrent national elections. Canadian Prime Minister Stephen Harper called a Canadian federal election for Oct. 14, 2008. This came as no surprise to Canadians; ads soliciting votes for Stephen Harper were appearing on TV days before the election call.

So what is the Hoss to do? He has already started a series on the American presidential election with posts on:

Democratic National Convention

Obama and McCain Health Care Plans

Obama and McCain Economic Plans

The Canadian federal election will be over nearly a month before the American presidential election, so, The Hoss will concentrate his efforts on that election. He will keep an eye on the American presidential election and provide updates of significant events in that race.

Canada has four major political parties (Conservatives, Liberals, Bloc Quebecois, NDP [New Democratic Party]) and one relatively new but important kid on the block: The Green Party. Though The Green Party is just getting started, they may take enough votes away from the Liberals and/or NDP to allow the Conservatives to form a majority government. Current House of Commons standings:

Party Leader Seats
Conservative Stephen Harper 127
Liberal Stephane Dion 95
Bloc Quebecois Gilles Duceppe 48
NDP Jack Layton 30
Green Elizabeth May 0


The Canadian Parliament has a total of 308 seats. To win a majority, a party must win at least 155 seats.

Anything less results in a minority government, which the opposition could defeat at any time.

Stephen Harper is the current Prime Minister and has been operating with a minority government since the last Canadian Federal Election

The Hoss suspects Mr. Harper called this election on the basis of internal polls which may suggest now is his best opportunity to obtain a majority government. The leader of the Liberal Party, Stephane Dion, does not appear to be making friends with the Canadian people; he has promised a carbon tax on gas which is the last thing most Canadians want: yet another gas tax. The NDP have a solid core of supporters, but nowhere near enough to form a government. And the Bloc Quebecois is only in Quebec, but can--and has in the past--won enough seats to become the official opposition.

So the starting gate is open and the race is underway. Being only six weeks long, this race is a sprint to the finish with the winner having his photo taken as Prime Minister of Canada.

Stay on track,

The Hoss

Next Hoss Cents Free Financial Money Magazine Post: Green Party Allowed in All-Party Debate

Previous Post: Obama and McCain Economic Plans


Post a Comment

Stock Ticker


The Hoss is not a financial adviser. This blog is a reflection of his personal opinion, experience and financial choices. For financial assistance, please consult a licensed financial services professional.

The contents of are provided for informational and entertainment purposes only, and should not be construed as advice. This material is not intended to provide, and should not be construed as providing individual financial, investment, tax, legal or accounting advice.

While the information shared on this website is believed to be accurate and reliable, the owners/operators of this website specifically disclaim all warranties, express, implied or statutory, regarding the accuracy, timeliness, and/or completeness of the information contained herein. Individuals leaving comments on this site are solely responsible and liable for the contents of their comments. Because this website is intended to provide general information only, you should discuss your specific needs with a qualified licensed financial services professional.

Links to other websites are for convenience only, and are independent from No liability is assumed for any inaccuracies in the information or for the content of any linked websites. No endorsement or approval of any other products, services or information is expressed or implied by any information, material or content referred to or included on, or linked from or to this website. No liability is assumed for incompatibility, non-suitability, viruses or other destructive/disruptive components on or from such websites.