**Liberals hold a majority in the House of Commons after securing additional seats through 2026 by-elections and floor crossings, allowing Prime Minister Mark Carney’s government to govern without immediate reliance on opposition support.** The fixed-date election under the Canada Elections Act is set for October 15, 2029, the third Monday in October four years after the April 28, 2025, vote. A majority removes the procedural pressure that often forces earlier calls in minority situations, and recent polling shows the Liberals maintaining a double-digit lead over the Conservatives. No supply bill defeats or successful no-confidence motions have occurred, and official statements indicate no plans for dissolution. Provincial contests, including the October 2026 British Columbia election, remain separate from federal timing. Trader consensus reflected in low probabilities for an early call aligns with the structural stability of the current Parliament and the absence of catalysts that would prompt the governor general to dissolve it ahead of schedule.