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Canadian Prime Ministers and Canadian Stock Returns, Intra-Year Declines, and the Behaviour Gap Thumbnail

Canadian Prime Ministers and Canadian Stock Returns, Intra-Year Declines, and the Behaviour Gap



Canadian Prime Ministers and Canadian Stock Returns

Prime Minister Start Year End Year Party Nominal Return for the Period (annualized) Inflation Real Returns
John Diefenbaker 1957 1963 PC 6.80% 1.30% 5.50%
Lester B Pearson 1963 1968 Liberal 13.00% 3.10% 9.90%
Pierre Trudeau 1968 1979 Liberal 10.40% 7.00% 3.40%
Joe Clark
1979 1980 PC
37.30% 10.40% 26.90%
Pierre Trudeau 1980 1984 Liberal 10.30% 8.10% 2.20%
Brian Mulroney 1984 1993 PC 9.00% 3.80% 5.20%
Jean Cretien 1993 2003 Liberal 10.60% 1.80% 8.80%
Paul Martin 2003 2006 Liberal 20.50% 2.00% 18.50%
Steven Harper 2006 2015 PC 4.40% 1.60% 2.80%
Justin Trudeau 2015 2020  Liberal 6.20% 1.70% 4.50%


Chart built with Data from Wikipedia for Prime Minster terms, and the Dimensional Fund Advisors Matrix Book for Canadian Stock Returns and Inflation.

Intra-Year Declines

The Behaviour Gap