[Drak]

http://www.bloomberg.com/news/articl...et-than-tories

Stretching back to 1922 and the time of William Lyon Mackenzie King’s first term in office, stock returns have been three times higher under Liberal prime ministers than with Conservative leaders, according to monthly data to August 2015 compiled by Bloomberg from TMX Group Ltd., operator of the Toronto Stock Exchange.

Over about 63 years in power, the Liberals of Pierre Elliott Trudeau, Jean Chretien and Louis St-Laurent witnessed a weighted compound annual growth rate of 6.8 percent for the Standard & Poor’s/TSX Composite Index and its predecessor TSE Index. That compares with a 2.2 percent annual gain for the Tories of Stephen Harper, John Diefenbaker, Brian Mulroney and others, the data show.

<snip> Under Harper, Canada’s leader since 2006, the benchmark gauge has posted compound annual growth of 1.5 percent, the second-worst performance of any prime minister since Richard Bennett. Bennett, a Conservative who ruled during the time of the Great Depression from 1930 to 1935, is the only prime minister with a negative stock return of 9.7 percent. Pierre Trudeau’s second term was weaker than Harper’s for stock performance but his overall tenure was better.