This morning, there is talk of an Economic Advisory team, that would counsel the new coalition government. Made up of Paul Martin, Roy Romanow, Frank McKenna and John Manley, presenting this group is a stroke of genius. It will demonstrate stability to the markets, a sense that seasoned people are on board, respected elders involved, it denotes a coming together for the good of the country.
My lingering concern, the issue of credibility, this coalition needs to put forth an identity that allows people to see it is focused on the economy and one that can hit the ground running. Adding this group, whether it largely symbolic or not, adds weight, it gives stature and an air of calm resolve. It tells Canadians, that decisions will be made carefully, experienced people advising the coalition, a strong face presented to the public. The major hesitation from the business community, will be a fear that political instability will make the economic crisis worse, this move allays those concerns, because all of these people have the pedigree that translates to a confident direction moving forward. "Steady hands at the tiller", an excellent idea.