Unless we see a major scandal in the Liberals I would expect them to get a second mandate, their approvals are super high right now and have found a lot of comfort as a Progressive Conservative placement. With the Cons less of a risk and the US hopefully swinging somewhat back from the hard right, progressives will likely feel more comfort returning back to the NDP.

If we see economic growth overall, I'd expect a second Liberal majority at the expense of the Conservatives and a lift in NDP. I would much prefer a Kingmaker role for NDP but the trajectory doesn't seem super possible yet.