Sunday, September 19, 2010
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CANADIAN ASSOCIATION OF INCOME TRUST INVESTORS WEBLOG
As you well know, the ‘income trust thing’ has grown beyond the question of whether fair taxes are paid on income from trusts. It’s become a giant dirty snowball, and as it rolls forward it accumulates more and more bulk. There are so many unanswered questions. Let's list a few and invite our "Accountable" government and our free press to provide some much-needed answers.
It is said “Trusts are inefficient use of capital. Why?” Two related questions are ‘Whose money is it, anyway?’, and ‘Do Canadian investors have a free and efficient market?’
How can information that is already in the public domain at SEDAR make for a state secret? How could such information be used to harm the Canadian national interest? And who would cause the harm?
Why won’t the Canadian media investigate the falsehoods and misrepresentations told by the Minister of Finance to a committee of Parliament? Was the Minister in contempt of Parliament?
Why won’t the Canadian media report (a) government tax revenues gained from BCE in 2006 when BCE was a corporation to (b) government tax revenues that would be gained in 2007 from BCE, if BCE had been allowed to proceed to a trust, and (c) government tax revenues that will be gained in 2007 from BCE, when BCE ownership has been carved up as 45% foreign ownership and 55% large Canadian pension fund ownership?
5 comments:
Man o man , with Harper as supreme boss & his idiot sidekick Jim Flaherty at the helm of Finance , all Canadians should get themselves a dozen boxes.
Those lies just keep on a commin.
I keep wondering when a real opposition will step-up to the plate & hold them accountable.
Dr Mike Popovich
And the Conservative diehards can't read even one of those signs.
This government has been lying so much it's hard to keep track of all the lies.
Railhound
Oh whats a few hundred lies anyway. They won't even be noticed by the 30% of Canadian knuckle heads.
In the news today:
John Manley urges Harper not to use public funds for pro sports teams
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at 15:48 on September 20, 2010, EDT.
By The Canadian Press
MONTREAL - Former Liberal cabinet minister John Manley has some advice for Prime Minister Stephen Harper about providing public funding for a new Quebec City arena: Don't do it!
When he was in cabinet 10 years ago, Manley tried to get federal money to help NHL teams in Canada.
The idea was dropped because of public outrage, and Manley says he still has deep scars from that period of his political career.
After a speech in Montreal today, the former deputy prime minister told reporters that Canadians don't want professional sports teams to be supported by public money.
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Why are we getting this story now, two days before the Common House does gun control?
Methinks it's one of those subliminal messages between corporate elites to say "Harper is losing it..."
He's not losing it with the Progressive Cowards of Canadian Democracy. He's losing it with the real and deep-pockets elites of T.O.
Hey the $1.5B wasted on the G20 could have built what 5-6 arenas? All you sports fans should write Harper and tell him that you're disappointed that you favourite city won't get an arena because he blew the wad on a party.
Maybe that realization will get you sport nuts involved.
Railhound
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