"I think the coalition doesn't have a chance in hell now that Iggy's leading the Liberals. He either wants to coast with the Conservatives for a while (because he basically is a Conservative) or he wants an election so that he can govern without the NDP."
I don't think that's true at all. Ignatieff and the Liberals would be PETRIFIED of an election right now. They would be broke and vulnerable to being attacked for "making deals with traitors/separatists". But this is a moot point since there is no chance whatsoever of this happening. If the budget is voted down, the GG will ask the coalition to govern - end of story. Its a certainty. Iggy may or may not want to govern right now - but if he wants to he can be PM by this time next week. Waiting for an election down the road won't do the Liberals any good. With our four party system, they would have to be totally delusional to think that they can ever win a majority. They would have to go back to the Chretien pattern of winning 101 out of 106 seats in Ontario IMPOSSIBLE.
So, Iggy just has to decide: govern with the NDP now (and quite frankly, I'm sure the Liberals can cook up all kinds of ways to out-maneouvre the NDP within the coalition on ce its in power) or wait a year and govern with the NDP - MAYBE - as long asHarper doesn't get a majority by running a fear campaign about "separatists and socialists".