RE: The MarketPrevious Poster had it correct. The frenchies have, once again, found a way to screw the rest of Canada. In voting NDP, they will effectively shut off investment to this country for awhile. If they finish second, the TSX would open up a minimum of 5% down, IMO.
While here in Canada, we probably don't think the NDP can have a dramatic impact on our lives and our economy, the rest of the world will have a very different view - particulalry money from overseas. They will read the papers, see Layton's promises and think of a country more like Venezuala, than a coutnry like the US.
If you haven't been paying attention over the past few days, and think this can't happen - you should look into it more deeply.
People in Canada are being fooled into believing that you can get something for nothing. Up until now, it has only been la belle province that was able to make it happen - and as long as they were isolated as a block vote (or Bloc vote) - they couldn't mess things up too much.
We'll see what happens on Monday. If this disaster is avoided, then expect a huge jump on Tuesday.
I would have to say that Canadians are by far and away they very best in the world at shooting themselves in the foot and cutting off the nose to spite the face.