What a hollow claim from BC Premier Gordon Campbell at today’s First Minister’s Meeting that he wants to protect Canadians’ RRSP investments. If that were truly the case, then why did he support the double taxation of trusts in RRSPs, with no proof of alleged tax leakage? Why did he not tax Pension Funds in the same way if he was so concerned about alleged tax leakage, as opposed to padding his provincial governments nest egg for public service workers?
Gordon Campbell’s blind support of Flaherty back in January 20007 played a pivotal role in Canadians losing $35 billion and an essential income investment for retirement. He destroyed the RRSP savings of millions of Canadians, and now he wants to play Captain RRSP? Empty political opportinism in the extreme, that bears no relationship with his past conduct.
Here’s Kady O’Malley’s (of Macleans) live blogging from the First Minisiter’s meeting, where we get a first hand account of Gordon Campbell’s politically opportunistic concerns over Canadians RRSPs
Gordon Campbell, everyone - who looks shockingly chipper, even moreso than Brad Wall — isn’t he jetlagged? I guess not, because he is waxing enthusiastic, if vague, about the importance of the auto sector, and stressing the need to reassure “older people” that they won’t have to cash out their RRSPs, or sell their stocks. “If we don’t take care of Canadians today, it falls to governments to care for them later,” he notes. He also wants to remove trade abd labour mobility barriers, duplication, all the usual stuff. “Time is something we can use quickly,” he insists — he doesn’t want to meet again in a year, he wants action now.
Okay, RRSPs and RRIFs are his priorities,
Monday, November 10, 2008
Posted by Fillibluster at 12:32 PM