Canada’s 45th Parliament remains stable under Prime Minister Mark Carney’s Liberal government, which holds a functional majority secured through prior floor-crossings and April 2026 by-election results. The Canada Elections Act sets the next fixed-date vote for October 15, 2029, and no supply or confidence motion has threatened dissolution since the last general election. Neither the governing party nor the opposition has signaled intent to force an early contest, and recent legislative activity has centered on economic updates, tax measures, and defense planning rather than parliamentary reset. With only weeks remaining until June 30, traders see negligible risk of an unforeseen constitutional trigger such as a sudden loss of House support or acute national emergency that would prompt the Governor General to dissolve Parliament before the statutory deadline.