Perhaps the global investors see JT going down the same road as his father did almost half a century past.  Canada has become a rudderless ship governed by polls which have a less than 10% response level ( 90% of that from the bottom 20%), committees spending tens of millions of $ coming up with the same conclusions/results as earlier studies and selfies of curly . Debt will skyrocket to $30 B plus per year . Taxation will have double digit increases and Canadian standard of living will drop like a stone in free fall. Pension funds will be grossly underfunded , retirement will pain-full for all.