When people here in Atlantic Canada want to know if there is going to be an election in the near future, all we have to do is wait for ACOA (Atlantic Canada Opportunities Agency) to start appearing in the media with funding announcements. When the Feds break out the money, its always a sure sign an election is just around the corner.
And here's the your sign. Take a look at this post from Bruce at Autonomous Source that lists all of the governments spending announcements from today. As you might have noticed, the first five announcements from the list are all from ACOA. So there's your answer, its election time.