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May 4, 2011

Canada gets stable government.

Image: Stephen Harper.

After four elections in seven years, reports from Canada indicate that for the first time in years Canadians have elected a majority government. The best part is that the Conservatives, who support free enterprise, free trade, and are generally more market orientated than any of the others, will hold the majority. They have a way to go to be real supporters of liberty, but they are a hell of a lot better than the alternatives.

The leftist Liberal Party, and Bloc Quebecois not only were smashed, but also lost their leaders in the poll. The big winner for the left was the New Democrats who will be the opposition.
OTTAWA - Canada's Conservatives stormed to a decisive victory in Monday's federal election, winning 54 percent of the seats in Parliament and securing a stable four-year term in power after vowing to focus on the economy.

The Conservatives grabbed 167 seats in Canada's Parliament, well above the 155 they needed to transform their minority government into a majority, according to provisional results. They won about 40 percent of the vote, beating expectations.

The victory, a relief for Canadian financial markets, left support for the separatist Bloc Quebecois in tatters and the party's leader without a seat. Bloc Quebecois advocates independence for the province of Quebec.

The Liberals, who have ruled Canada for more years than any other party, were reduced to a dismal third place showing with their worst ever seat haul. …

The market's nightmare scenario of an unstable minority government headed by the pro-labor New Democratic Party never came to pass. Harper now has free rein to keep corporate taxes low in the nation of more than 34 million people and bring in a string of tax breaks once he balances the budget, projected within four years.

But the left-of-center vote split between the New Democrats and the Liberals, the second biggest party in the previous Parliament, and the Conservatives emerged as a surprisingly strong victor with 39.6 percent of the overall vote.

Of the 308 seats in the House of Commons, provisional results showed the Conservatives with 167 and the New Democrats with 102. The Liberals were far behind with just 34.

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