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WATCH:A new Ipsos Reid poll for Global News shows the Conservatives are virtually neck and neck with the Liberals. Eric Sorensen breaks down the numbers and Tom Clark explains why the numbers could lead to an early election call.

TORONTO Liberals and Conservatives are neck and neck when it comes to federal support heading into the 2015 election year, according to a new Ipsos Reid poll conducted exclusively for Global News.

If the election were tomorrow, the poll suggests Justin Trudeaus Liberal party would receive 34 per cent of the decided vote, with Stephen Harpers Conservatives earning 33 per cent. The one-point lead is a statistical tie, according to Ipsos Reid.

What this poll shows is the Liberals and the Conservatives are really the two main parties Canadians are choosing from; the NDP not so much anymore, said Ipsos Reid spokesperson John Wright.

It may be tight in British Columbia, but the tightest races, in fact, are in Ontario and in the Toronto region.

British Columbia saw a three-way split, according to the poll: Tories at 33 per cent, NDP at 30 per cent, and Liberals at 28 per cent.

In Ontario, Tories and Liberals were tied at 37 per cent each, with the NDP trailing at 22 per cent, according to the survey. Liberals were leading at 46 per cent in the downtown 416 region of Toronto (with NDP at 26 per cent and Conservatives at a distant 25 per cent) but in the 905 region of the Greater Toronto Area (GTA) it was Conservatives leading at 41 per cent. The poll had Liberals at 37 per cent in the 905 region, with NDP at 20 per cent.

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Nationally, Thomas Mulcairs NDP was found to have a significantly lower 24 per cent of support; Mario Beaulieus Bloc would get five per cent nationallybut 21 per cent in Quebecwith Elizabeth Mays Green Party trailing behind at four per cent.

Each of the leaders has their own patch of geography in this country, and right now you can see the NDP is really not faring as well because the Bloc is eating into their supportand the NDP is not picking up traction in other parts of the country, said Wright.

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Liberals and Tories tied in latest poll of federal party support