Happy (Canadian) Thanksgiving to all of you out there. We do everything 
first up here. :-)

Tomorrow, for instance, we have our federal election (after a campaign 
of only 30-some days, rather than the two-year super-marathon of US 
elections). We have five political parties seriously in the running 
(though probably only four will actually get seats in Parliament -- the 
*Green* Party is polling at around 10% nationally, but its support too 
spread out to win any individual ridings ["districts" in US-speak]). The 
other parties are the *Conservatives* (who won they last election), the 
*Liberals* (who have were the government from 1993-2006), the *New 
Democrats* (social democrats), and the *Bloc Quebecois* (a left-leaning 
separatist party from Quebec that typically polls around 10% nationally 
but gets 45-55 seats in parliament because their support is concentrated 
in Quebec ridings).

As in the US, the stock market/banking downturn has become the surprise 
over-riding issue. Early in the campaign, the state of the economy was 
hardly on the political radar. Now it is practically all anyone is 
talking about. The collapse has not been so bad here as in the US 
because sub-prime mortgages were not allowed in Canada. However, four of 
the "big five" banks in Canada were heavily invested in US "commercial 
paper" (as it is called) and, thus, have suffered serious losses. None 
of them have gone broke or needed government bailouts (yet) though. The 
Candian dollar has plunged from around $0.98US to around $0.85US in 
about two weeks, mainly because of the accompanying drop in oil prices.

The likely outcome will be another minority Conservative government. 
That means (for those of you not familiar with Parliamentary government) 
that no party has a majority of seats in parliament. The party with the 
most seats typically forms the government, but has to form alliances 
with other parties in order to pass any legislation. And, if they start 
to act badly, they can be gotten rid of by a simple parliamentary vote. 
Then, usually, new elections are called, though it is possible for the 
next-largest party to be asked if it can form a government, sometimes in 
coalition with another party.

For news coverage of the Canadian election, go to CBC: 
http://www.cbc.ca/news/
For coverage of recent polls see this site: 
http://www.nodice.ca/elections/canada/index.php
For riding-by-riding coverage and projections of the outcome, try this 
site: http://www.democraticspace.com/canada2008/

For some of the best electoral vote projections in the US election check 
out this site: http://www.electoral-vote.com/

Happy, happy!
Chris
-- 

Christopher D. Green
Department of Psychology
York University
Toronto, ON M3J 1P3
Canada

 

416-736-2100 ex. 66164
[EMAIL PROTECTED]
http://www.yorku.ca/christo/

==========================


---
To make changes to your subscription contact:

Bill Southerly ([EMAIL PROTECTED])

Reply via email to