5 Reasons 2019 Will Be A Terrible Year For Justin Trudeau - MTL Blog

5 Reasons 2019 Will Be A Terrible Year For Justin Trudeau

There's a long road to travel before election day arrives...

Being an election year, there's no question that Trudeau has his work cut out for him in 2019 — and it doesn't look like it's going to be an easy twelve months.

Here are five issues we can expect Trudeau to face this year as he heads toward the federal election in October.

READ ALSO: Former Montreal Mayor Denis Coderre Lost A Ton Of Weight And Looks Completely Different Now

TL;DR This year is bound to be anything but a walk in the park for our Prime Minister as he faces a federal election 

A federal election means Trudeau has to toe the line of campaigning while also maintaining the general trust of the Canadian public.

This is one of his biggest struggles right now: maintaining confidence in his leadership across the country, not just in cities that agree with him and his liberal politics. 


1. Impending Economic Downturn

Budget deficits have been on the Liberals' minds as of late, considering that the finance department is reporting the potential for Canada to be "in the red" until as far out as 2040.

The market has been volatile lately, likely in part to the government shutdown in the States and the ongoing conflict with China

All of this, in conjunction with low interest rates in Canada, means Canadians continue to face financial difficulties. That could be politically damaging for Trudeau.


2. Oil and Alberta Drama

Pipelines have been a never-ending discussion across Canada since Trudeau was elected. While some Canadians are all for it, many are firmly against it.

It seems to me that taxing carbon while still spending money on the infrastructure it takes to build a pipeline seems... a little counterproductive.

Evidently, Canadians are divided on the issue, so Trudeau is faced with the unfortunate job of deciding which direction the country goes in and then attempting to convince Canadians that he has made the right choice.


3. Carbon Taxing and Its Impact on Regular Canadians 

As carbon taxing is rolled out across the country, Trudeau is sure to face backlash as regular Canadians begin to see the repercussions.

Gas prices are going to be affected, so anyone that regularly drives a car is going to see those big red numbers go up... and they'll keep going up.

The Liberal plan is to continue increasing the carbon tax every year until the proposed $50 tax per tonne in 2022.

A similar tax has already led to riots in France, forcing president Macron to give in to protestors' demands. The political consequences for Trudeau may be equally grave.


4. Less Than Ideal Housing Market

As mentioned above, low interest rates have seriously impacted the housing market in Canada in the last couple of years. Low interest rates mean income-producing real estate, like any investment vehicle, grows slowly in value. 

Interest rates also inform the cost of financing and mortgage rates. When mortgage rates are low, funds become more readily available for borrowers. However, when mortgage rates increase too quickly, buyers, in turn, lose the ability to afford homes as easily and available funds decrease.

Bottom line, "interest rates affect the availability of capital and the demand for investment," Investopedia explains. As with any market, supply and demand keeps things in flux, which can have negative impacts for Canadians, as well as for Liberals looking to boast about a strong economic record.

5. Fierce Debate about Immigration

Another non-stop conversation across the country (and the continent, really) has centered on immigration. 

Humans have always been relatively nomadic, I mean, how else did we end up here if we all started somewhere in Africa?

So it seems only natural that some people born in other countries want to spread their wings and give the good ol' True North Strong & Free a try. I don't blame them, especially once you hear stories of what life can be like is some immigrants' home countries.

Trudeau has had this point of view since he took office. He's been openly welcoming to immigrants and has done his very best to meet U.N. migration standards. 

While some Canadians worry about an inundation of new arrivals, many fail to acknowledge labour shortages in many Canadian provinces. Plus, we've got a lot of space to share, especially if you move outside the major cities, which many immigrants eventually do.

However, Trudeau will continue to face dissent throughout the election year, particularly now that there are Canadians donning the Yellow Vest and protesting the U.N. ideals.

Stay tuned for more news about the PM.


 

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