The current lead story in the National Post is that Justin Trudeau would lead Canada into a dangerous isolationist position in world affairs if he became PM. Forget that this is in fact the position of most European countries in dealing with ISIS. That Canada's military is so weak that it plays a marginal role in any world conflict and that Harper has allowed military hardware to reach all-time lows in readiness.
The National Post and Sun newspaper chains abscess about what the leader of the third party, Justin Trudeau, may do if he becomes the Prime Minister. I'm more concerned with the fact that Canada has fallen way behind the US in job growth and economic recovery. As a stock market investor I'm distressed by a stagnate TSX and falling Canadian dollar. The economy under Obama is outperforming Harper's in all categories. The NYSE has reached almost daily records while the TSX has fallen 3% in recent months.
While I have probably missed the train, I have moved future investments more and more into foreign holdings. The economy under Harper is not good for a serious investor. The falling dollar does not help my buying power. I'm hopeful that a new prime Minister in 2015 will help in boosting our economy. Harper has been a dismal failure. For the first time in over 20-years of investing I have moved new investments out of Canada. Investing in Canada is not a smart move right now.
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