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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.

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.