Market Report Canada: New Trudeau Government's About-Face
The new administration vows to reverse the previous government's conservative course.
January 04, 2016 at 08:36 PM
8 minute read
With the election of Prime Minister Justin Trudeau, the Canadian electorate embraced a change that could wipe clean much of what it has experienced from the national government for the past decade. The same now goes for the country's legal departments and in-house counsel.
Most policy changes won't be introduced until at least February, when Trudeau lays out his proposal for a new federal budget. Until then, Canadian legal teams must look to promises made on the campaign trail for guidance on what types of regulatory changes could be in the pipeline. And those changes will be extensive.
So far, Trudeau stood behind his promise to bring diversity to his cabinet. He appointed a governing body made up of about 50 percent females and 50 percent males.
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