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Luck plays a part in any political career. Napoleon famously asked of a general recommended to him for his military prowess: "so he is good -- but is he lucky?"
A barrel of oil that was selling in the US$110 range last summer, now sells for less than US$70. That was not the future Stephen Harper and his ruling Conservatives expected when the party leader touted Canada as an energy superpower, based on massive petroleum reserves -- the world's third largest after Saudi Arabia and Venezuela -- locked away in the bitumen sands of Alberta.
But there is good news for the Conservatives in the bad news.
Lower gasoline and heating oil prices will put money into the pockets of strapped Canadian workers, helping to drive up consumption and employment.
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Moody's decision to downgrade Ontario's credit rating last week was manna from heaven to commentators and media pundits bristling at the notion that activist government could be making a comeback.
For years, pundits have kept governments in a straightjacket when it comes to spending, intimidating the public into believing that the deficit gods are vengeful and unforgiving, and that Greece is only a short hop, skip and a jump away.