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Agency: The change of government in Canada will affect the economic outlook

Tony Stillo, director of the Canadian economy at Oxford Economics, said the Conservative Party's agenda could have a major impact on Canada's economic outlook in 2025 and beyond, and if Canadians vote to remove the incumbent Liberal Party, then the details will be the devil. Canadian Prime Minister Trudeau has decided to resign and asked Governor-General Mary Simmons to adjourn the meeting so the Liberals can choose a new leader. Stillo said Canada could hold a general election in May. Polls suggest Canadians will vote for a Conservative majority, and the Conservatives are likely to focus on balancing the budget and paying down the national debt. The plan to repeal the federal carbon tax is neutral for the economy, though, as it would immediately lower gasoline prices, but would also mean the end of the carbon rebate.