Adam posted this prior to the election, and it looks like its coming to fruition:

  • The outcome I believe that could offer some downside in the loonie (in the 50-120 pip range) is a Liberal minority held up by the NDP. That would essentially extend the current status quo and leaves the Liberals at the mercy of the left-leaning NDP.

Link here for more:

CAD sliding further:

cad minority government slide 29 April 2025 2
Source: Forex Live