Anyone paying any attention to the last couple of weeks of QP would be painfully aware that this section of the House of Commons proceedings is becoming increasingly farcical every day.
The opposition, led by their attack poodle Poilievre, are barking up the wrong tree.
Even to me, a layman with no economic or real monetary training or expert knowledge in this field, it is clear that Poilievre really wants to accuse the Minister of Finance of insider trading. I am not a fan of this Minister in any way as he clearly does not have the interests of Canadian uppermost in his mind. His concept of having private investors own our infrastructure through his Infrastructure Bank of Canada whilst refusing to borrow from our own bank at low straight interest rates instead of compounding interest being paid to privately owned international banks and investors cannot have the best interests of Canadians in mind. In that, he is not alone as every Canadian politician seems to be afraid of those same bankers and investors.
However, it seems clear to me that when the Liberals took control they made no bones about increasing the tax rate on the wealthy at the end of December 2015.
I do not own shares or stocks in any company and so I did not have to make any decisions but anyone who was smart enough to have money invested would realise that in January of 2016 their tax rate would increase therefore to sell shares prior to then and pay a lesser tax rate would seem very logical. There was never any doubt in my mind that this would happen on January 1st 2016, and not as Poilievre assumed on 1st April 2016.
However the Conservative attack poodle made the same sort of misheaded assumption that he made when his government increased the number of members by 30 while he set about decreasing the ability of thousands if not millions of Canadian to be able to vote would assure the re-election of the Conservative Party of Canada to power – were he and they ever wrong. Very bad assumption Pierre. Incidentally, the claim and assumption that more MPs would increase Canadian’s representation in the House was a blatant lie. Firstly those 305 members already there were not able to have their say on behalf of their constituents on two counts, 1) they simply did not have the opportunity to express their constituents views due to the sheer number of them; and 2), every bill introduced by the Harper government was closed to “debate” almost before it was introduced and no amendments were allowed either in committee or at report stage.
To waste soo much time trying to trap a Minister over something so asinine and in fact so typically conservative in thinking takes away time away from real questions they should be asking about, for instance, the desertion of our moral and fiduciary duty to our wounded veterans and our aboriginal peoples’ abject living conditions. Why the money is not flowing for infrastructure at the rate promised, and the waste of money on the celebration of 150 years since our mythical confederation could well be the subject of sincere questions.
It is all window dressings to hide their complicity in the myth of a sovereign and democratic Canada and frankly, I am tired of it.
Perhaps one of them could explain to me just how we are a constitutional monarchy when the last Queen we actually had was Queen Victoria.
Event: The year, 1901. With Queen Victoria’s death, the repeal of Section 2 of the BNA Act came into force, deliberately leaving the Dominion of Canada without a Monarch. To this day the BNA Act repeal of Section 2 has never been re-enacted.
Don’t hold your breath on that one.