Canada’s Trudeau topples PM Harper in stunning election win

Liberal Party leader Justin Trudeau gives his victory speech after Canada’s federal election in Montreal, Quebec, October 19, 2015 - REUTERS 

Reuters: Canada’s Liberal leader Justin Trudeau rode a late campaign surge to a stunning election victory on Monday, toppling Prime Minister Stephen Harper’s Conservatives with a promise of change and returning a touch of glamor, youth and charisma to Ottawa.

The Liberals seized a Parliamentary majority, an unprecedented turn in political fortunes that smashed the record for the number of seats gained from one election to the next. The Liberals had been a distant third place party in Parliament before this election.

Harper conceded defeat, ending his government’s nine-year run in power and the 56-year-old’s brand of fiscal and cultural conservatism.

Trudeau, 43, the photogenic son of former Prime Minister Pierre Trudeau, pledged to run a C$10 billion annual budget deficit for three years to invest in infrastructure and help stimulate Canada’s anemic economic growth. 

This rattled financial markets ahead of the vote and the Canadian dollar weakened on news of his victory.

Trudeau has said he will repair Canada’s cool relations with the Obama administration, withdraw Canada from the combat mission against Islamic State militants in favor of humanitarian aid and training, and tackle climate change.

Trudeau vaulted from third place to lead the polls in the final days of the campaign, overcoming Conservative attacks that he is too inexperienced to govern to return to the Prime Minister’s residence in Ottawa where he grew up as a child.

“When the time for change strikes, it’s lethal,” former Conservative Prime Minister Brian Mulroney said in a television interview. “I ran and was successful because I wasn’t Pierre Trudeau. Justin is successful because he isn’t Stephen Harper.”

The Conservatives were projected to become the official opposition in Parliament, with the left-leaning New Democratic Party in third.

Liberal supporters at the party’s campaign headquarters broke into cheers and whistles when television projected that Trudeau would be the next prime minister.