To say that the outcome of the current Canadian federal election campaign could have a direct effect on the United States would be an understatement.
Under Prime Minister Stephen Harper's minority Conservative government, Canada's economy has endured the global economic crash with less damage and is recovering faster than any other G8/G20 nation.
But all of that could be for naught depending on the election outcome.
In a minority situation, the opposition parties have a larger number of combined seats than the sitting government, which makes it a tenuous situation. Harper deserves credit for keeping his party in power as long as he did - longer than any minority government in our nation's history - given the fact the other three national parties are all on the political left.
So far, the campaign has been the usual list of promises and soundbites. Promises of more jobs, a stable economy, more money to health care and education fill the platforms of all parties involved.
There is one policy put forth by the left wing parties, however, that could potentially devastate the Canadian economy. It's repercussions would spill over the border and leave it's mark on our neighbor to the south.
I'm sure Americans are familiar with the concept of Cap and Trade. Both the small 'l' Liberals and the far-left socialist New Democrats have versions of it in their respective platforms.
Basically, it amounts to more and higher taxes on our energy sector by having the federal government assume greater control. It would directly impact the jewel of Canada's oil industry: the Alberta oil sands.
At a time when the United States is looking for reliable sources of oil and natural gas that don't involve dealing with terror-sponsoring nations, the enviroNazi-vilified oil sands is a sound and ethical source of black gold from America's closest ally and neighbor.