Dion will implement carbon tax even if there’s a recession

After a joint address to the Empire Club and Canadian Club yesterday, Stephane Dion faced reporters. The exchange between Richard Madan from City and Dion was interesting.

MADAN (Voiceover): But Dion has shifted his own tune lately, suggesting that Canada may be headed into recession. And he only mentioned his controversial Green Shift plan just once at the end of his speech.

MADAN (to Dion): You mentioned “recession” in your speech. So if indeed Canada does hit a recession will you delay implementing your carbon tax?

DION: First, it’s not that. It’s the Green Shift.

MADAN: No, I know. But the question is: if things get worse, will you delay implementing a carbon tax, Green Shift, whatever you want to call it? Will you delay it?

DION: It’s not carbon tax, it’s a Green Shift. It’s to put a cost…

MADAN (interupts): Will you delay it?

DION: No, because it’ll be good for the economy.

Did you get that? If Canada falls into recession, Dion believes his “don’t call it a carbon tax” Green Shift will be just want Canada needs to get out of the storm.

Recently, Maclean’s editor Andrew Coyne has stated that he believes that there may be something to it when Harper complains that Canada’s opposition is “cheering for a recession”.

The Opposition parties have gone mad with attacks explaining that Mr. Harper doesn’t care about the economy because he’s not panicking. The opposition will be upset to learn that the World Economic Forum has declared Canada’s banking system the most stable in the world.

There have been cries of dissent from Dion’s own ranks on the Green Shift and it’s timetable for implementation. Liberal candidate Shawn Murphy told the Charlottetown Guardian on September 12th, “This winter, I don’t think you’re going to see the green shift even if the Liberals got elected.” Former Minister of Revenue John McCallum conceded about Dion’s carbon tax, “I cannot say to you that no Canadian will be unharmed by this… it’s not going to be totally painless for every human being”.

Even former NDP Ontario Premier Bob Rae is
sounding more lucid on the economy as he suggested yesterday that the implementation of the carbon tax should be delayed.

There’s an old saying that “if it ain’t broke, don’t fix it”. While Mr. Dion’s plan aims to address environmental concerns with his plan, the ballot question will ask who is the best manager of the economy as crises become a daily occurrence in foreign markets. Canada has a sound economic position — indeed, the fundamentals are strong — and while members of his own team have second thoughts about his carbon tax, Mr. Dion is ready to add new untested variables to the economic equation in a time that calls for the kind of stability that comes from an economist Prime Minister rather than untested tax theory from a man who is not.

Is Harper’s campaign in decline?

Recent polls would indicate that the Conservative campaign has experienced a steady softening in support since both federal leader’s debates. When polls go well partisans treat them like gospel and when they go poorly, the methodology is questioned. Supporters will point to a good poll, frame it, put it in the window well past the time it fades with age and relevance. And for bad polls, well, polls simply for dogs aren’t they?

With respect to one’s worldview, in recent weeks that of many Canadians — not to speak others around the world — has been shaken by the global economic crisis. Up is down and then up again before it goes back down and while Canadians are captivated by their investment portfolios, they find as much uncertainty with the future of politics as they do the economy and thus politics captivates us all as well.

In a time of global economic uncertainty, are we seeing a natural inclination of Canadians to be uncertain of politics as well? As the stock markets take dips and dives affected by factors outside of our borders it is understandable that Canadians are in a state of uncertainty on how they would shape the future political landscape of this country.

In the next week, Canadians will be forced to make a choice early, before all of the dust has settled worldwide and Canadians will look to what they know but they will be largely affected by what they will come to understand over the next week. These 6 days before the election are critical for the leaders to make their case and for them to shape perceptions of their ability to lead, to show stability and convince Canadians that their vision represents stability to allow the Canadian ship to weather the global economic storm.

I write this as I watch Stephane Dion address a joint meeting of the Empire Club and the Canadian Club of Toronto. The Prime Minister addressed the same organizations the day before at the Royal York and such speeches at this junction of the campaign can shape perceptions, firm up expectations and bring stability to uncertain political times.

Yet such hallmark opportunities to address Canadian business and economic leaders can be an early political indicator for the final close on election day. Declining campaigns show declining momentum; in the last days of the 2006 federal election, as John Tory’s bid for Ontario Premier came to a close last year, as Ernie Eves ushered in last dying battle cry of the common sense revolution, reports indicated dwindling numbers at rallies, diminished interest in speeches and rooms left half-full as leaders could do little to hide realities of a halted momentum in their campaigns. As an indicator of campaign viability, the Prime Minister’s campaign has positive momentum during these final days of the campaign. As suggested by Steve Paikin’s tweet just one hour ago from the Royal York, the same cannot be said for Stephane Dion, “the royal york is starting to fill up. dion is en route. harper had 1000 yesterday. only 300 for dion today.”

So, what of these polls that suggest a tightening between the Harper and Dion campaigns? Unlike financial markets that show volatility in real-time where investors can gain or lose their fiscal security in one single day, Canadians are fortunately not faced with the same demands as they make political decisions. As the economic world spikes and plunges before them, Canadians are taking stock of the political landscape and are doing their research before they lock in their investment on election day. The question is, when they vote, will they be bullish and choose high risk with uncertain yield or will they go with a safe investment which has shown a stable modest return?

A debunking by Kady? I’m sorry, I just don’t see it

For your own consideration on the Dion vs. Correl text. National Newswatch says Kady debunked Janke/Trusty Tory. I don’t see how she’s debunked much of anything here. Some interesting tangential points, but no debunking by my friend Kady as National Newswatch has claimed. (I don’t even think that was her goal)