Prime Minister Mark Carney's Liberal government, previously a minority, has achieved a slim majority through a series of floor crossings by opposition MPs, most notably Conservative Marilyn Gladu's switch on April 8, the fifth such defection in five months and fourth from Conservatives. Combined with Liberal sweeps in three byelections on April 13, this shift bolsters parliamentary confidence without a general election, sparking debates on democratic legitimacy and voter mandates. Speculation of further Conservative defections lingers amid reports of Liberal poaching efforts, including a hot-mic revelation from MP Billy Morin, amid reported caucus tensions under Leader Pierre Poilievre. Traders should monitor House proceedings resuming soon and any announcements of additional switches, as no new crossings have occurred in the past week.