Canadian Politicians Promise Faster Project Approvals Ahead Of April 28 Elections
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 10 2025
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Source: Benzinga
Candidates' Campaign Promises: As Canada's federal election approaches, both Liberal leader Mark Carney and Conservative leader Pierre Poilievre are focusing on fast-tracking national commodity projects to enhance energy security and economic competitiveness, with Carney proposing a Major Federal Projects Office and Poilievre advocating for a Rapid Resource Project Office.
Economic Context and Investment Climate: The election has created uncertainty in Canada's investment climate, leading to a decline in domestic fundraising, while both candidates emphasize the importance of natural resources for economic sovereignty amidst concerns over U.S. trade policies.
Analyst Views on EWC
Wall Street analysts forecast EWC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 55.200
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Current: 55.200
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
