Canadian business has been busy hiring new workers thus far in 2010, and as Kelly McParland noted in the National Post, those loud banging noises you heard across the country were from opposition members banging their heads against their walls. Honestly though, the good news has been dwarfed by some panic in the markets over the potential collapse of the Euro; so everyone should brace themselves for a market retraction that could last 2-4 months.
I don't believe there will be a complete collapse, but the cyclical nature of our long term economic growth dictates that there will be a pull back. The benefit of a retraction is that it generally purges bad business, and the longer that the going is good, the greater the build up of inefficiencies. It is what it is. There is also an urban legend in financial markets that "you sell in May and go away", and that type of myth can become a self fulfilling prophecy.
I picked Hamilton as per my bias in Oakville it would be very close. Both Toronto and Hamilton are both very left politically but the traffic, parking etc would be better.
ReplyDeleteJobs, Economy, scandal au jour, etc...
Tories in control of own destiny, Liberals need scandal to trigger election: Nanos ( I talked about in Coalition Path to power II).
http://canadiansense.blogspot.com/2010/03/coalition-part-ii-path-to-power.html
A double dip, a stall, scandals, culture war. The Clegg-Brown "negotiations" illustrates the need for a majority the next time. A small 155-157 would be a big problem (defections).