'You believe that?' - Macleans.ca

‘You believe that?’

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Another reality check this weekend.

Prime Minister Stephen Harper says an election would “screw up” the fragile economic recovery. But that’s not the view on Bay St. There, it elicits laughter.

“You believe that?” blurted Avery Shenfeld, senior analyst at CIBC World Markets. National political campaigns are not a cause for concern on Bay Street, he said. “We don’t typically see a lot of financial market or business response to Canadian elections,” which, Shenfeld noted, “don’t tend to be revolutionary.”