The Globe and Mail reports in its Tuesday edition that the Canadian stock market stands to benefit from the expected election this year of a Conservative government that favours business-friendly policies. A Reuters dispatch to The Globe says that polls show the Conservative Party, led by Pierre Poilievre, handily winning the next federal election, which by law must be held by Oct. 20 but will likely happen sooner. A change in government would signal a shift in economic priorities for Canada after nine years in power for the Liberals under Prime Minister Justin Trudeau. It could spark an upward reassessment by investors of valuations on the Toronto Stock Exchange. Mr. Trudeau's tenure saw the launch of green initiatives and new social programs such as child and dental care, but was marked by a surge in government borrowing and weak productivity growth, as well as a strained relationship with Donald Trump during the Republican's first term as U.S. president. "The whole Canadian economy and stock market stands to benefit" from a more pro-business policy stance, said Brian Madden at First Avenue Investment Counsel. Mr. Poilievre has offered few detailed policies but has signalled he is more pro-business than Mr. Trudeau.