Monday, 12th January, 2026

Ready for a federal election? Here’s what happens after NDP divorces the Liberals

OTTAWA . NDP Leader Jagmeet Singh notified Prime Minister Justin Trudeau on Wednesday that he was pulling out of the confidence and supply agreement propping up the Liberal minority government, putting and end to nearly three years of formal co-operation between the parties.

Singh’s bombshell announcement puts federal politics into a brave new world. But fear not, dear reader, we have you covered.
Six things you need to know about the government’s new remote-work rules

Here are three things you need to know about what changes will happen now that the deal is off.

An election becomes a real possibility
Three provinces — British Columbia, New Brunswick and Saskatchewan — will be holding elections in October. Americans will head to the polls shortly thereafter, on Nov. 5, to elect the next president of the United States.

Wednesday’s news increases the odds of yet another fall election, at least according to the online predictions market. Traders on crypto-based betting platform Polymarket were especially bullish about the prospect of a fall election on Friday afternoon.

After opening the day at a meagre five cents, a Polymarket listing for a fall election surged to 59 cents minutes after the NDP’s 1 p.m. ET announcement, indicating a 59 per cent chance of a federal election before the end of 2024. The ‘irrational exuberance’ of bettors calmed down somewhat later in the afternoon, with the listing price settling around the 15 cent mark near close — still a tripling from the start of the day.

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