Flaherty Fiscal Update Tuesday

Finance Minister Jim Flaherty is scheduled to release his latest fiscal update on Tuesday. It was a fiscal update that triggered the coalition trap in December 2008, when the Liberals and NDP attempted to take control of government after losing an election in an agreement with a significant bounty for the Bloc. I don't expect this fiscal update to trigger a constitutional crisis, but I do expect the Finance Minister to paint a positive picture and I expect the opposition to disagree. The degree to which they disagree, that we'll have to see. If they want a fall election, this fiscal update may be their best opportunity.