The strong voice of a great community
December, 2006

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A Matter of Trust

 

By: The Honourable John McCallum, Liberal Official Opposition Critic for Finance

 

The Conservatives’ stunning betrayal last week of Canadians who invested in income trusts shows us just how far Stephen Harper was willing to go during the last election to buy votes.  This is not just a matter of public policy, but whether Mr. Harper can be taken at his word.

 

The Prime Minister has tried to deny that he broke his election promise, despite clearly stating during the campaign: “Only the Conservatives will give seniors security by pledging to levy no new taxes on income trusts.”  Further, in a campaign speech on January 9, Mr. Harper told a room full of seniors: “Whether it is death taxes, or taxing income trusts, a new Conservative government will never let this happen.”

 

Last week, Canadians learned the hard way that this is a Prime Minister and a government that can not be trusted. The new taxes he imposed on income trusts evaporated $25 billion of Canadians' savings in a single day.

 

As thousands of Canadians will tell you, this flip-flop is about much more than just a broken promise.  It is about innocent Canadians suffering a devastating financial loss because they trusted their government would live up to its word.   And this is just the latest example of Mr. Harper’s growing tendency to forget what he said to get elected now that he is in power.

 

After years of Stephen Harper ranting against the ‘unelected’ and ‘unaccountable’ Senate, Canadians watched as he, on his very first day in office, appointed the unelected Montreal businessman and Conservative campaign organizer Michael Fortier to the Senate so that he could sit in his Cabinet.

 

After promising to end patronage and cronyism this Prime Minister proceeded to appoint long-time Conservatives, party donors and close personal friends to key positions in the judiciary, on public boards and in high-profile public positions. He then stood by as Minister Jim Prentice handed out a sole sourced contract to a former Conservative Cabinet Minister with deep ties to the oil industry valued on the Public Works website for up to $500,000.

 

Stephen Harper campaigned on bringing transparency and accountability to election financing yet the Conservative Party failed to report, as required by law,  delegate fees to their last convention as campaign donations.  This matter is still under investigation by the chief electoral officer and represents millions of dollars of donations to the Conservative Party of Canada that have yet to be accounted for. 

 

During the last campaign the Conservatives promised to “work with the provinces to establish a Patient Wait Times Guarantee”, but last summer Mr. Harper removed the Patient Wait Times Guarantee from his list of five priorities and replaced it with the generic promise to “strengthen our country at home and around the world."  Recent speeches and statements made by Health Minister Tony Clement make it clear that this government is simply downloading this commitment to the provinces with no new money and no national coordination or leadership on the file.  This is a shocking abandonment of an issue which has consistently ranked as Canadians’ number one priority.

 

The Conservative Government’s actions on income trusts and many of their other commitments have shown Canadians they can no longer place their faith in the word of this Prime Minister.

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