I think that if it's pulled off smoothly then there will be an some positive economic excitement in foreign investors and Canadian business. If it flounders, then I think the improvements won't be seen for years. Since the Grits and NDP both strongly support the carbon tax, I think that there could be a massive overhaul of he system, akin to the GST changes of the 90's (which have paid off exponentially).
Am I the only one who sees a great deal of the Reformers in the Tories? Compare the Harper tories to the Mulroney tories, for example. Remember that the original Tories had just a few seats when they merged with the reformers. They are basically the Reform party with a new label.
There is talk of a
coalition government involving the Liberals and the NDP to replace the Stephen Harper PC party, ostensibly because the minority PC party are not effectively dealing with the vital economic issues in Canada.
As the first step, the government would have to be formally defeated in the House of Commons. Then Harper would have to tell the Governor General that he has lost the "confidence of the House." Normally the Governor General would simply choose the leader of the second-largest part in the Commons to form a new government. Unfortunately, the leader of that party, Liberal leader Stephane Dion, has already announced his resignation. Also, if there is to be a Liberal-NDP coalition, then the Bloc Québécois would have to give their consent, since the Liberals and NDP control only 1/3 of the house together. The main issue at the moment seems to be who will lead the coalition.