Canada’s Conservatives ahead in new opinion poll

TORONTO, Nov 5 (BestGrowthStock) – Canada’s ruling Conservative
Party holds a slim lead over its Liberal rivals in an opinion
poll released on Friday, but they are far from the support they
would need to win a majority government.

The Ipsos Reid poll, conducted for Postmedia newspapers and
published on the website of the National Post, put support for
the Conservatives at 35 percent compared to 29 percent for the
Liberals, Canada’s main opposition party.

That’s barely changed from the results in the 2006 federal
election, when the Conservatives won power with a minority
government. A party usually needs over 40 percent support to
win a majority.

The party still only has a minority of seats in Parliament
and needs support from at least one opposition party to stay in
power. Many observers expect opposition parties to vote against
the government’s budget early next year, forcing a new federal
election in the first half of 2011.

The Ipsos Reid poll of 1,000 Canadian voters was conducted
Nov. 2-4, in the run-up to a controversial government decision
to block the sale of fertilizer giant Potash Corp (POT.TO: ) to
Anglo-Australian mining company BHP Billiton (BHP.AX: ).

Industry Minister Tony Clement said he had concluded the
sale would not be of net benefit to Canada. But opposition to
the sale of a major domestic firm was strong, especially in the
province of Saskatchewan where the Conservatives are popular
and a decision to approve the sale might have alienated
voters.

Controversy over the sale had caused many anxious moments
for the Conservatives, whose environment minister quit this
week to join one of Canada’s biggest banks.

Prime Minister Stephen Harper confirmed John Baird, acting
environment minister since Thursday, as Canada’s next
environment minister.
(Reporting by Janet Guttsman; Editing by Eric Walsh)
(For a Take a Look on blocking the Potash deal click
[ID:nN22340110]

Canada’s Conservatives ahead in new opinion poll