In 1934 the Bank of Canada was created in form similar to the Federal Reserve Bank in the USA and the Bank of England. In 1937 Prime Minister MacKenzie King stated  “Once a nation parts with the control of its currency and credit, it matters not who makes the nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile.”  He, as Great Britain also did in 1946, had the ownership of the Bank transferred to the Government of Canada on behalf of the people. Prime Minister P.E. Trudeau and all others since have ignored his advice and have given the wealth of Canada to private and international banks.

The Bank of Canada filled the role of financing the borrowing of all three levels of government at minimal interest cost to the Canadian taxpayer. That practice continued until  1970 when Canada, with a Liberal government under P. Trudeau,  joined the Bank for International Settlements. Since that time the Federal debt has ballooned to $616 billion dollars.  Another $564 billion, that could have been loaned by the Bank of Canada, is debt of the Provinces. In addition, the creation of money is by the banks instead of the Bank of Canada.

In 1970, when Canada’s monetary policy was surrendered to the  Bank for International Settlements, Canada’s debt was $20 billion dollars. This was after Canada had financed its way out of the great depression, paid for World War Two, the Korean war, built the St. Lawrence Seaway and the Trans Canada Highway. If the country had not paid out interest to private and international institutions for the last 45 years, we would have little federal debt. The trillion dollars paid to private and international institutions would have been been paid to the people of Canada.

 Members of Parliament, should undertake to support restoration of the Bank of Canada to the original mandate as established by Prime Minister King.


Canada’s economy is suffering because 10% of the Canadian population are holding 50% of the country's  wealth and are receiving 40% of the total income. The only way to restore society and the economy to stability is to return the marginal tax rates to those in effect during times when there was good employment, a healthy middle class and our finances and economy were stable.  The last time top marginal tax rates were in the 40% range, as they are now, was in the 1920’s,  just before the Great Depression. In 1940 they exceeded 80% for the rich and remained there until the mid 1950’s, dropping only to the high 70% for the rich until the 1970’s. Since then the tax burden has been shifted to the middle working classes. Since then both our Government and households have accumulated crushing debt.  The percentage of Canada’s population in the middle class has decreased while for the bottom 20% and top 20% of people the numbers have both increased.  The productive sector of our economy has shrunk while the financial sector has grown and has become a gambling casino.  Economic recessions are becoming more frequent and deeper. Gross Domestic Product is increasingly based on debt, gambling in financial instruments and consumption of foreign products. It is time for fair rates of taxation on the amount of wealth taken from the production and wealth created by our society.

 Members of Parliament should undertake to support restoration of income tax rates to levels in effect for the higher incomes before 1970.


The burden of debt suffered by the majority of Canadians can no longer be considered a statistic. It is the weak being harmed by the strong. The Government is failing to protect people from the commercial predators. The majority of people are dominated by persons who understand the mental processes and social patterns of the masses. Thru advertising, they  pull the wires which control the public mind and induce unnecessary spending and debt. Government’s role is to provide protection for their citizens from the financial powers.

Several things can be done to protect the public:
Prevent foreclosure on homes where property value may have decreased but the regular payments are still being met. We have seen the effect of devaluation of property values before.
Prevent foreclosure where the owner’s income has decreased but a reasonable portion of income is being paid on the debt.
Review the Bankruptcy provisions to ease filing and to rank creditors by age of debt so that those making bad loans suffer for their own actions.
Limit credit card interest rates and fees so that the element of risk is assumed by the credit grantor.

 Members of Parliament should undertake to support measures to ease the suffering from personal debt.


Government should support savings, both to its own advantage and that of the saver.
Savings and investment are necessary in a productive economy;
Government support for individuals is decreased if there are personal savings;
People with savings are happier, more stable and more productive;

The present incentives for saving encourages few that would not be saving without the incentives. The higher the tax bracket of the saver the greater the tax deferment.  Small business, the best source of economic growth, is not eligible for an incentive on an investment.  Those with small savings must have ready access in times of need.  Those in taxable brackets now receive an immediate cash incentive. The richer the taxpayer the greater the payment.  Those who struggle on incomes below taxable amounts, and those who have less to save, those who need the incentive more, are not eligible.  

The incentives should be changed so that all savings are eligible for the incentive. A simple savings bank account, an investment in a small business, a self administered fund or a normal RRSP should all be eligible. The incentive rate should be at the highest rate for all savings, and if not deducted from tax payable, should be a refundable to the saver upon filing the annual tax return.
Question:  I will, as a Member of Parliament, undertake to support measures to provide the savings incentives equally to all Canadians?


Equally discriminatory is the effect of exempting any part of capital gains income from income tax at marginal rates. Once again, the most benefit is to the rich, those making gains from investing in the unproductive financial instruments. The saving of income tax in any year is equivalent to a cash payment equal to the tax saving. The capital gain income exemption enables that income to be consumed, so it offsets any savings. Capital gain income put into savings could still be encouraged if within the saving incentive limit or by special recognition.

Question:  I will, as a Member of Parliament, undertake to support measures to include capital gains in ordinary income and provide savings incentives thereon, equally to all Canadians?


Ranked voting would allow you to vote for all candidates in order of who you would like elected. This would assure that there would be a majority of votes for the elected candidate. It is generally accepted that governments change only because political parties lose an election, not because a party wins. A most capable representative may be defeated by association with a defeated political party or leader.  The present system of voting results in candidates being elected, when there are more than two,  with less than 50% support. The present extent of the manipulation of the minds and opinions of the masses reduces the opportunity for serious evaluation of candidates. By adopting a ranking system of voting, voters must exercise some thought to their first, second, third and fourth order of choice. This still allows the first choice to be based on political affiliation, policies or personal association with a candidate while requiring valuation of other candidates.

 Members of Parliament should undertake to support measures to introduce ranked voting for votes in Canada.