Bolsonaro: Brazil ElectionsSo the Brazilians threw out the socialists in favor of a guy they're calling the "Trump of the Tropics". He seems to be an advocate of pro-business, to the point of green lighting the mining business in locales where its been a difficult thing to accomplish, like the Rain Forrest. Same thing we're up against.
For Canadian business, a Bolsonaro presidency could open new investment opportunities, especially in the resource sector, finance and infrastructure, as he has pledged to slash environmental regulations in the Amazon rainforest and privatize some government-owned companies.
"It could be a good time to be a mining investor in Brazil," said Anna Prusa, a former U.S. State Department official who now researches Brazil at the Wilson Center, a Washington, D.C.-based think-tank. "Bolsonaro has said pretty publicly he would like fewer restrictions ... he is a recent convert to market liberalism."