TSX futures edge up as Carney retains power, tariff watch continues

The main stock index had edged higher on Monday as investors bet that the market will benefit from receiving greater clarity on the nation's economic policies after the election results. Liberals staged a major political comeback to retain power in parliamentary elections with 168 seats, but did not secure the outright majority of 172 that Carney had sought to negotiate with Trump on tariffs threatening Canada's economy. The Liberals' leader had promised a tough approach to Washington's import tariffs and said Canada would need to spend billions to reduce its reliance on the U.S.