tag:blogger.com,1999:blog-7141615629701321642.post7981021208427771838..comments2024-01-07T08:41:13.864-05:00Comments on C A I T I - O N L I N E: Due diligence at the Toronto StarBrent Fullardhttp://www.blogger.com/profile/08515599756822506137noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7141615629701321642.post-63219196979783674352009-10-07T09:19:51.475-04:002009-10-07T09:19:51.475-04:00Canadian Sense
I can tell you how much I lost &am...Canadian Sense<br /><br />I can tell you how much I lost & cannot speak for anyone else & the 60% figure is slightly high in my case--even with the recovery & re-invstment of the distributions , I am still down around 20% on the original investment.<br /><br />Others I know & talk to regularly are in similar patters.<br /><br />So the losses are substantial.<br /><br />When you are older & rely on these things to live day to day , then this whole thing really hurt.<br /><br />As a Conservative supporter most of my life , I found Harper`s response callous & unwarranted---I voted for the guy based on his promise not to tax trusts.<br /><br />He completely ignored the small investor & that is wrong.<br /><br />A modified piece of legislation would have avoided all of this hassle & it would have given the big corps what they wanted as well.<br /><br />In my case , I had a devastating illness at 52 & had to retire---I invested my savings in order to live day to day--so Harper`s plan was a real killer.<br /><br />Just knowing that this did not need to happen is the worst thing for me----if he had just done the proper consultation & modified the tax plan , very little damage would have been done to those who could least afford it.<br /><br />Dr MikeDr Mikehttps://www.blogger.com/profile/16915911929286615081noreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-47135991246032476502009-10-07T08:45:52.073-04:002009-10-07T08:45:52.073-04:00Can you define how much the small investor lost in...Can you define how much the small investor lost in the income trust flip flop?<br /><br />How many seniors lost 'millions' through the flip flop?<br /><br />I can't find how your math makes any sense?<br /><br />BTW I was invested in Trusts and lost 60% of valuation but was NOT using that one group of funds for an income stream.<br /><br />Since the "flip flop" the CPC have been returned to power so that single issue has been judged. Did you run against the FM and lose in his riding?<br /><br />Anything else?CanadianSensehttps://www.blogger.com/profile/01010880162544507668noreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-36800882526386901622009-10-07T08:36:24.467-04:002009-10-07T08:36:24.467-04:00Canadian Sense
"A man who is angry on the ri...Canadian Sense<br /><br />"A man who is angry on the right grounds, against the right persons, in the right manner, at the right moment, and for the right length of time deserves great praise." - Aristotle<br /><br />Your profile statement describes us to a T.<br /><br />Thanks for that.<br /><br />Income trust investors<br />&<br />Dr Mike Popovich<br />Rodney OntDr Mikehttps://www.blogger.com/profile/16915911929286615081noreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-30893116985073041212009-10-07T08:32:02.010-04:002009-10-07T08:32:02.010-04:00Duhhhhhhhh!!
The small investor was the real vict...Duhhhhhhhh!!<br /><br />The small investor was the real victim here as the gov`t just sloughed-us-off as a bunch of disgruntled old fart whiner malcontents who had a feeble perception of the Harper promise.<br /><br />He said that his only promise was to protect the income of seniors & had nothing to do with not taxing income trusts.<br /><br />What the devil , as most seniors were investing in trusts for the income.<br /><br />Not only did he cut off this income stream but he decimated the savings of those same individuals.<br /><br />So Carol Goar , perhaps a little due diligence would have stopped the Harper insanity in it`s tracks.<br /><br />Dr Mike<br /><br />PS---despite what they say , Flaherty is not an award winning genius--he may have won an award but when you are the best of a horrendously bad lot , then the award is not worth the paper on which it is written.Dr Mikehttps://www.blogger.com/profile/16915911929286615081noreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-58935337293148240312009-10-07T08:27:21.220-04:002009-10-07T08:27:21.220-04:00I am impressed on your poll results. Visitors to y...I am impressed on your poll results. Visitors to your site are clearly out of touch with Canadian voters and reality.<br /><br />Cheers.CanadianSensehttps://www.blogger.com/profile/01010880162544507668noreply@blogger.com