Market Changes Its Mind On Who Will Win Canadian Election

Canada’s election prediction market has turned on the Tories and now expects a Liberal minority government after the Oct. 19 election.

The Sauder School of Business at the University of British Columbia has been running a market where “investors” can place between $25 and $1,000 on the outcome of Canada’s federal election.

As of the Tuesday trading day, the market was giving the Liberals a 59-per-cent chance of winning the election, compared to a 45-per-cent chance for the Conservatives and only a 1.5-per-cent chance for the NDP.


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