Key Points
Parti Québécois leads polls at 28% and could return to power for first time in 12 years.
PQ leader pledges sovereignty referendum after Trump leaves White House in 2029.
Five parties competing across 127 ridings with no party reaching 30% support.
Nearly 25% of voters already cast ballots in advance polls before October 5 election.
Quebec voters are heading to the polls today in a provincial election that could return the Parti Québécois to power for the first time in 12 years. The separatist party leads in polls at 28%, according to a Liaison Strategies survey conducted October 2-3, ahead of the Quebec Liberal Party at 23% and the Conservative Party of Quebec at 20%. PQ Leader Paul St-Pierre Plamondon has pledged to hold a referendum on independence if his party forms government, though he has said he would delay it until after U.S. President Donald Trump leaves the White House in 2029.
Why the PQ is leading despite a divided field
The Parti Québécois has surged under 49-year-old leader Paul St-Pierre Plamondon, an Oxford-educated lawyer who has shifted the party’s focus from traditional social-democratic policies to right-wing identity issues. Plamondon has blamed immigrants for Quebec’s overcrowded schools, rising crime, and high housing costs, while promising to slash immigration and ban religious symbols from teachers and students. This approach resonates with voters frustrated over cost of living, the top issue for 27% of Quebecers, even though most voters do not support independence. The PQ won only three seats in 2022 but gained four more in recent byelections before the legislature dissolved in August.
The referendum question that divides the campaign
A PQ victory would likely trigger a third sovereignty referendum, the central issue dominating the 39-day campaign. Plamondon has committed to holding the vote if elected, but only after Trump leaves office in 2029, citing concerns about U.S. trade tensions destabilizing Quebec’s economy. CAQ Leader Christine Fréchette warned Sunday that uncertainty over a referendum would harm Quebec’s economy immediately, even if the vote occurs years later. The CAQ has governed Quebec for eight years under former premier François Legault, who resigned early this year.
A crowded race with five parties competing
Five parties are competing for seats across Quebec’s 127 ridings. The Quebec Conservatives, led by Éric Duhaime, have not won a seat under his leadership but are expected to break through and could hold the balance of power if no party wins a majority. The Quebec Liberal Party, led by Charles Milliard, is polling at 23%, while Québec solidaire co-spokesperson Ruba Ghazal’s party sits at 10%. Nearly a quarter of voters have already cast ballots in advance polls, with polls closing across the province at 8 p.m. CTV News will provide live election results as they come in.
What a PQ win means for Canada’s future
A separatist government in Quebec would mark a major shift in Canadian politics and likely reignite long-standing tensions over language, identity, and sovereignty. The election comes just two weeks before Alberta holds its own referendum on separation. Analysts note that while the PQ leads in vote share, no party has reached 30% and the vote is split among five parties, making seat projections uncertain. A PQ majority is possible but considered unlikely by polling firms, which means the final outcome may depend on how votes translate into seats across individual ridings.
Final Thoughts
The Parti Québécois is the clear frontrunner in today’s Quebec election, but a fragmented field and the referendum question create uncertainty about whether it will win a majority or form a minority government. Investors should watch for the PQ’s margin of victory and any immediate statements on the timing of a sovereignty vote.
FAQs
Quebec voters are heading to the polls on October 5, 2026, with polls closing at 8 p.m. ET across the province.
The PQ has pledged to hold a referendum on Quebec independence if it forms government, but would delay the vote until after U.S. President Donald Trump leaves office in 2029.
The Parti Québécois leads at 28% support, followed by the Quebec Liberal Party at 23% and the Conservative Party of Quebec at 20%, according to a Liaison Strategies poll from October 2-3.
The Parti Québécois has not held power in Quebec since former premier Pauline Marois’ minority government dissolved in 2014, making this a 12-year gap.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
About Author

Danny Kontos
Co FounderDanny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.
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