Mr. Speaker, has the member from the NDP taken into consideration what economists and investors are saying right now?
The Canadian Press stated that uncertainty in Ottawa “could send financial markets and the loonie...even lower”. This was according to economists.
Economists say the uncertainty plaguing the political scene could send financial markets and the loonie sinking even lower amid growing economic tumult.
“If we don’t know who the government will be, markets tend to be a little more unsettled and foreign investors in particular are not going to be comfortable investing in a place in which the leadership is unknown,” said Eric Lascelles, an economist with TD Securities.
Canada’s main stock index, the S&P/TSX composite, fell more than 725 points halfway through the trading day Monday as the Liberals and NDP worked to firm up details of a potential [coup d’état].
Why would the NDP member imperil jobs at this time? He is listening to economists saying this and he is seeing the effects on the market. At the same time, I--