They're running a minority government, so (Conservative leader) Stephen Harper isn't going to give the opposition a gift in the form of a deficit. |
They've got to get spending under control and it's not a very palatable thing, either, to say you're going to cut spending on health care or education. |
We think that's just going to be a short-term story. Evidence will come out that the Bank of Canada has more than enough reason to continue raising interest rates. |
We're just getting energy prices going through the roof. The longer period of time (consumers) have these elevated prices, the more it starts to weigh on sentiment. People have held on pretty well but the longer this remains the more risky it becomes. |
You're in a situation where you're stuck, because no government wants to go out there and say, 'we're in dire fiscal straits, we've got to increase taxes', |