TOO LITTLE, TOO LATE

I certainly don't begrudge corporations making profits and I am sure my fellow Canadians don't either. Profits, prosperity and jobs usually go hand in hand but that is not the case in today’s Canada.

Austerity dominates at all levels of government in the developed World, the difference between Canada and other countries is that the Harper government has lowered their revenues (taxes) and abdicated their obligations to Canadians. They actually brag about having the lowest taxes in the Western World… as the Canadian economy shrinks and corporate profits are at a 27 year high.

The philosophy that lower corporate taxes create jobs is just plain false. It simply means that those programs we have come to depend on will have to be reduced or eliminated.

Canadian voters are the "board of directors for the “Corporation of Canada" and should seriously look at how the Canadian economy has been managed, how the voters  have been mislead, deceived and outright lied to time and again with the introduction of omnibus bills that cut taxes and reduce services.

Now that we are in an election year the conservatives are scrambling to find the money to fund their unofficial election promises, unofficial because the writ has not dropped yet the vote buying has begun.

On Monday the 6th of April Minster Oliver announced the sale of the remaining unregistered shares in GM to Goldman Sachs. I have no problem with the sale but I do have a problem with the spin that will be put on it and its importance to Canadians. The sale will be touted as economic prudence by some pundits and the conservatives when the reality is Canada does not have the money to fund the conservatives election promises.

The Governor of the Bank of Canada, Stephen Poloz, pointed out quite emphatically the other day that the lost investment, job quality and unemployment have lowered revenues. Canada’s economy is close to falling back into recession because of this government’s irrational refusal to listen to the Bank of Canada and the Budget Officer’s warning’s as they did in 2008/9.

The sale of GM shares is nothing more than an act of desperation by a government desperate for reelection and whose austerity approach of governance has left the country without a financial safety net.

I urge all those "VOTERS", young and old alike to inform themselves and to encourage their peers to vote.

"Refusing to vote is not an act of civil disobedience ..... it is an admission of failure"