Flaherty’s web site for the Task Force on Financial Literacy starts with the tag line “Consulting with Canadians”. Maybe it should read “Insulting to Canadians” after all, what is more insulting or hypocritical than a Finance Minister pretending to care about financial literacy who at the same time issues 18 pages of blacked out documents to disguise the fact that his tax leakage analysis is fixed, as in falsified?
As for financial literacy, I know that Jim Flaherty is the one Canadians most in need of financial literacy as the man does not even understand the meaning of "Accrual Accounting", for if he did he would not have left out the deferred taxes that are paid by the 38% of income trusts held in RRSPs as accrual accounting (which is how the government's books are audited by the Auditor General) require that these deferred taxes be acknowledged as today's taxes, and hence Flaherty's tax leakage argument is patently false.
Please visit this latest exercise in nonsense: http://www.financialliteracyincanada.com/eng/consulting-with-canadians/have-your-say.php
Task Force on Financial Literacy
Consulting with Canadians
Have Your Say
Your input matters
Do you have ideas for strengthening financial literacy in Canada? We want to hear from you. The Task Force on Financial Literacy is holding a consultation process to gather ideas and insights from individuals and organizations across the country.
There are a number of issues and questions on which we would like your feedback. These are provided in our consultation document – Leveraging Excellence: Charting a course of action to strengthen financial literacy in Canada.
You can provide your feedback to us in the following ways:
By sending a formal written submission to the Task Force by Friday, April 30, 2010, through one of the following means:
Online: GOING LIVE SOON
We will soon be launching an online tool that will allow you to upload a submission through our website.
To be notified when this feature becomes available, subscribe to our Email Newsflash.
Mail: Task Force on Financial Literacy
255 Albert Street
11th Floor, Ottawa ON
Monday, February 22, 2010
Posted by Fillibluster at 1:29 PM