Canadian Liberal Party wins the 2025 federal election – CBC News

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As polls closed in Canada, early results showed that the ruling Liberal Party won the federal election, according to CBC News.

Mark Carney will keep his job as prime minister, CBC News projected, noting that it's still too soon to tell whether he's clinched a majority or minority government. 

Liberals accounted for more than 50% of the vote, followed by the Conservative Party, with a vote share of 38.6%, 

A party needs to win 172 seats to form a majority government.

Market reaction

At the time of writing, USD/CAD is down 0.08% on the day, losing ground to near 1.3820, with the Canadian Dollar (CAD) drawing some support from the election outcome.

Canadian Dollar PRICE Today

The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the strongest against the Swiss Franc.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.16% 0.08% 0.18% -0.09% -0.09% 0.03% 0.32%
EUR -0.16% -0.05% 0.05% -0.23% -0.22% -0.12% 0.18%
GBP -0.08% 0.05% 0.10% -0.18% -0.16% -0.06% 0.23%
JPY -0.18% -0.05% -0.10% -0.29% -0.27% -0.22% 0.14%
CAD 0.09% 0.23% 0.18% 0.29% 0.00% 0.13% 0.41%
AUD 0.09% 0.22% 0.16% 0.27% -0.01% 0.12% 0.40%
NZD -0.03% 0.12% 0.06% 0.22% -0.13% -0.12% 0.28%
CHF -0.32% -0.18% -0.23% -0.14% -0.41% -0.40% -0.28%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Canadian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent CAD (base)/USD (quote).


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