Canada’s 45th Parliament shifted from minority to majority Liberal government in April 2026 after a series of by-elections and opposition floor crossings gave Prime Minister Mark Carney’s party the seats needed to govern without relying on other parties. With a stable majority secured just two months ago and the next fixed-date election not required until October 2029, there is no procedural or political incentive for the Governor General to dissolve Parliament before the end of June. Trader consensus reflected in the 99.5 percent “No” price aligns with this timeline, as calling a snap election so soon after consolidating power would contradict standard practice for majority governments. The only realistic developments that could still alter the outcome before June 30 would require an unforeseen constitutional trigger or immediate collapse of the Liberal majority, both of which lack any supporting evidence at present.