There is one overriding question that is beginning to dominate our election campaign.
Simply put, it is this:
Should we elect a majority government?
In light of the growing financial distress, would Canada be safer with a majority government?
Very interesting column in the Globe and Mail this morning written by Gwyn Morgan, well known and successful Canadian businessman, who says, "The unpredictable challenges of this global economic crisis cannot be navigated by another minority Parliament bound up by partisan bickering. The best hope for Canadians is to elect a government with strong, decisive leadership and the mandate needed to steer Canada around the shoals that lie in our path."
What do you think? Is he right?
Thus far Canada has escaped the financial crisis which is staggering the United States and is now spreading like a virus to Europe and the UK.
Already indications are mortgage rates will soon begin to climb again in Canada. It seems impossible that we will fully escape, especially when you consider that about 80% of everything we make and grow in this country is sold to the United States.
Aside from ideology, is Gwyn Morgan correct when he says the best hope for Canadians is to elect a government with strong decisive leadership and the mandate needed to steer Canada around the shoals that lie in our path?
Among other things Morgan claims that "The New Democratic Party offers a typical socialist agenda. Tax and spend, subsidize unionized industry and make big business "pay" - the kind of policies that drove Ontario and British Columbia to the brink of economic ruin."
Morgan also points out something many of us weren’t aware of. “The carbon tax,” he says, “has wildly differing effects, depending on how you heat your home, the fuel used to generate your electricity and how you earn your living. If you heat with natural gas, the impact might be only 2 per cent, but if you use fuel oil it's more than 10 per cent. If you live in B.C., Manitoba or Quebec, where most power comes from hydro dams, there will be little impact on your electricity bill. If you live on the Prairies, in Ontario or in Atlantic Canada, where fuel oil and coal generate a significant portion of your power, the impact will be substantial, increasing the cost of generating electricity by about 10 per cent for fuel oil and more than 50 per cent for coal-fired plants."
He says,"No one knows what chapter of the global financial meltdown we're in, and whether the latest Hail Mary bailouts by the U.S. Treasury will stop the downward spiral." The best chances for Canada to weather the coming storm is to elect a strong majority government.
What is your view here?
I’m not sure that with five political parties in the running we will ever again see a majority government. There may be some times when that’s not a bad thing, but in times of grave financial crisis would our chances of avoiding a meltdown be better with a strong decisive majority government?
Is this absolutely the wrong time to bring in another minority government?