Canada’s ruling Conservative are set to survive a “non-confidence” vote tabled by the Liberal Party, the biggest opposition party. The Conservatives are well ahead of their rivals in the polls. IF the motion is successful then Canadians would be headed to the polls for the second time in just over a year. ALL 3 opposition parties are required to vote for the motion if they are to topple the Conservatives however the left leaning New Democrats made it clear yesterday that they would vote either against the motion or abstain.
Dollar-Canada this morning has climbed from 1.0680 to its current level of 1.0770 where it has met some resistance. There are reportedly Canadian Corporate orders between 1.0790 and 1.0810.
