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Bullboard - Stock Discussion Forum Suncor Energy Inc. SU


Primary Symbol: T.SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

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Suncor Energy Inc. > The Trudy’s is buying votes with our money
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Post by Marty47 on Apr 03, 2024 7:59am

The Trudy’s is buying votes with our money

The federal Liberals are narrowing the months-old gap with the Conservative party, with a former 20-percentage point Conservative ballot advantage shrinking to a 12-point lead, according to latest tracking data from Nanos Research.

The Conservatives under Pierre Poilievre have maintained a safe lead over the Liberals since September, reaching a nearly 20-percentage point gap a month ago, with 42.8 per cent support compared to the Liberals' 23.8 per cent.

But new Nanos ballot tracking shows the Conservatives are now closer to 38 per cent, compared to the Liberals at 26 per cent.

"What we're seeing is a little negative pressure on the Conservative numbers," Nanos Research founder Nik Nanos(opens in a new tab) said in the latest episode of CTV News Trend Line. "We talked about this before, when the Conservatives were at like 43 (per cent), you knew that they were never going to sustain that."

He added that while the Conservatives have been in the "driver's seat" since late last summer, there's now been "some movement."

"So that said, they've still got a 12-point advantage," he said. "But it'll be interesting to see whether this continues, or whether this 10-point or 12-point advantage is the new normal."

Ballot tracking results based on four-week rolling average, ending March 29, 2024 (Nanos Research)

Nanos said it's "of note" that the diminishing Conservative lead has changed as support for the third-place NDP has declined in the last month. They're now at 19 per cent, compared to 21 per cent at the beginning of March.

The Conservatives similarly had a large, 18-percentage point lead over the Liberals in mid-November.

The last time the Liberals andConservatives were within just a few percentage points of each other was at the beginning of September, when the Liberals had 31.5 per cent support, a level they have yet to reach since.

Quebec projections

At least some of the erosion on the Conservative side when it comes to the ballot may be coming from Quebec, where the numbers get quite interesting, Nanos said.

The Bloc Quebecois sits at about 10 per cent nationally, and Nanos said that converts to 39 per cent support in the province, which would be the party's highest popularity in about four or five years.

While much of the Bloc Quebecois' gain comes at the Liberals' expense, some of it is being taken from the Conservatives, said Nanos.

“We have one seat in Quebec that the Conservatives could lose to the Bloc right now in the Nanos seat projections,” said Nanos.

He added another interesting factor is the Parti Quebecois doing well in the provincial polls, “so there’s probably a bit of a spillover … federally, as Quebecers become a little more, why don’t we say, nationalistic.”

Poilievre, meanwhile, has seemingly been courting the Quebec vote, holding the national Conservative policy convention in Quebec City last fall, followed by a tour of Quebec in the New Year, and lately, noticeably beginning his press conferences in French.

Despite this, Nanos said, the Conservatives are still in the low teens in Quebec.

Still, he added, "we cannot dismiss the fact that the Conservatives are leading nationally very comfortably."

Leader popularity

The data for preferred prime minister also shows a narrowing lead for the Conservatives.

At the beginning of March, Poilievre was well ahead at 36.9 per cent compared to 19.2 per cent for Trudeau. Now, Poilievre is sitting at 33.4 per cent to Trudeau's 21.5 per cent.

NDP Leader Jagmeet Singh was at 17 per cent a month ago, according to Nanos Research, and is at 14.8 per cent now.

The new numbers are good news for the Liberals, after Nanos data from last month showed the lowest number of Canadians than at any other point since Trudeau became leader in 2015 are considering voting for the party.

Comment by Experienced on Apr 03, 2024 8:32am
Thanks Marty - interesting A couple of additional notes in the polling based on my observations over the years. In Quebec, the Liberals are way ahead of the Conservatives but that doesn't give them any more seats than if it was closer.  Before the emergence of the PQ, the Liberals needed a 5-10% lead to make up for the high percentage in Quebed (you only need to win by one vote to win ...more  
Comment by Marty47 on Apr 03, 2024 8:41am
Well we hope you projection work out , because what I can see here in the liberals are growing a massive deficits in order to get votes , giving $$$ where they need to boost votes all this with canadiens money , all this as the last minutes , nothing was done before but it's all or nothing for them now ....spend spend spend ..... 
Comment by Experienced on Apr 03, 2024 10:32am
I agree Marty The US is in a deep financial hole especially with Biden's Green New Deal spending.  Canada is not quite as bad yet but another 5 years of Trudeau will get us there for sure.   The implication?   Future generations will face massive Government deficits and a lower standard of living.
Comment by Experienced on Apr 03, 2024 10:37am
As a postscript to my earlier posts, if Trump wins in Novemeber and does what he says he will regarding all the illegals in the US, we could see many of them coming to Canada.  Under current Liberal policy, this will cost taxpayers a bundle and cause all sorts of social issues. I suspect (hope) that most people would not like to see this and vote Trudeau out.
Comment by Marty47 on Apr 03, 2024 10:49am
Omg i can see this at the canadien border , all those in the state moving toward Canada and the Trudy's the other side waiting for them with gummies , brochure  with Justin face handed to them with goody bags and rush to get them register to vote for 2025 elections ..:. I will start getting nightmares lol 
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