Newly elected Prime Minister Justin Trudeau is making headlines all over the world right now and disappointedly, on his remark about his gender-equal cabinet members and not on how can he contribute to the country’s economy and to the world. Hailing from the Liberal party breaking the party’s series of loss to the Conservatives; Trudeau, son of former Liberal Prime Minister Pierre Trudeau has managed to acquire his father’s eloquence and charisma. But is he really fit to serve the country? At 44 and his political experience and background under fire for a number of reasons like only the joining the political arena in 2008 as a member of Parliament for the Montreal riding, or electoral district, of Papineau and has not been a lawyer or business leader. But with the entire rampage, it’s best to give Trudeau the benefit of the doubt, so here are Trudeau’s economic plans for the coming years why should affect you.

Strengthening The Loonie

To our international readers, the “loonie” is the colloquial term for the Canadian dollar and with its performance declining for the whole of 2015 because of oil prices in the international market, coupled by the government’s lax attitude on government spending people were worried of the recent “Looniepocalyspe”. But with the country’s change of leadership doesn’t give its citizens the breather to calm down as the economic mess that the former government has left is still leaving the loonie hanging by the thread. Can Trudeau save this? We can’t be certain, but we urge people to convert their assets to other reliable forms such as gold where its staying power and further increase in value over the years has claimed universal recognition wherever you are in world. For example our very own Bitgold, a startup trading in the Toronto Stock Exchange under XAU is one leading the pack.

A Pro-Trade Party

In a statement during a campaign event a few months ago Trudeau mentioned that “We have a geographic situation that gives us access across the Atlantic, south to our NAFTA partners, and across the Pacific to the growing markets of Asia.” This is ultimately led to a series of other statements ranging from redirecting government spending from the army in the Middle East to participating in to Naval operations in the Pacific (massive Trans-Pacific Partnership trade deal was reached roughly two weeks before Canadians voted) to strengthening and wooing ties with China. But the question is will there be a no-Russia trading within his term as his New International Trade Minister Chrystia Freeland is banned from Russia?

Even Greener Government

Trudeau promises to spend $6 billion of the government budget and will continue to ramp it up to $20 billion til the end of his term. Canada has always been a green government much to the soft spot of environmental supporters and climate change activist, but even on his first month Trudeau is a little bit fickle minded on his environmental priorities as he agreed on building the Keystone XL pipeline, carrying crude from Alberta to the US Gulf coast. But wherever his priorities lie, citizens wishing to help Trudeau in his environmental efforts can switch to an electronic medium like Bitgold to lessen paper consumption and switch to virtual currency like the initiatives of Scandinavian countries like Sweden who are now in the early stages of a paperless economy.