I go with option number one.  Those of us living in Ontario see the economic damage done by the Provincial Liberals and know that Gerald Butts and a few others were the architects of many of these poor policies.  These policies are now hamstringing Ontario's businesses and so it only makes sense that he wants to continue these policies throughout Canada.  
Disappointed in Morneau though.  I thought he actually knew something about finances and business and what helps and what hurts.  I guess this backs up theory number 2 and the incompetence  of the current batch of Liberals.