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Significance

Prime Minister Stephen Harper has resigned as leader of the Conservatives after his party took second place with 99 seats. The election results restore a degree of political stability by producing the second successive majority government in Canada, following the shaky minority Harper governments between 2004 and 2011.

Impacts

A Liberal government will likely boost infrastructure spending and tax high-wage earners.

Trudeau may bring a more activist approach to the Paris climate talks, improving the chances of an international agreement.

Harper's departure will likely see a moderation of Canada's support for Israel and a greater focus on multilateralism abroad.

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