The Globe and Mail reports in its Wednesday edition that upheaval in Canada's federal government is causing greater uncertainty for businesses just as the outlook is starting to appear clearer for their peers in the United States, Darryl White, BMO's chief executive officer, said during a banking conference in Toronto. The Globe's Stefanie Marotta writes that the country's largest lenders face mounting global political uncertainty, rising mortgage competition and intensifying anti-money-laundering requirements. The unravelling of Prime Minister Justin Trudeau's Liberal government has been added to the list of banking risks. Over the past year, U.S. clients have had to operate while unsure of the path of interest rates, the outcome of the presidential election and the effect a new leader would have on the fiscal and regulatory policy outlook. That prompted many U.S. businesses to hold off spending and launching growth plans. With president-elect Donald Trump set to take office in a few weeks and Mr. Trudeau's resignation opening the door for an election, Canadian businesses are now faced with an increasingly unclear decision-making path. "So what do people do when they're uncertain? They wait," Mr. White said.