"Fund Infrastructure Investments Via Bank Of Canada"

What do you expect Catherine? Nations have been purposely indebted to international bankers, except in war time where our manpower was needed to win wars for the banker's profits.

Weakening nation states through debt is simply one part of their plan.

I expect the population to learn the truth and then act on it! I know it is alot to expect, but since we have been denied the truth for so long, maybe some people will recognize it. Here's hoping.

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If I stand for my country today...will my country be here to stand for me tomorrow?

Agreed Catherine, but the inertia in politics is incredible. Also, money policy is beyong the interest of most people.

Not true! Not true! From WWII until the mid 1970s the bank of Canada was used in exactly this way. Where do you think all of our public universities and other public infrastructure came from? Private bankers? Right, they were about as interested in providing money for this kind of thing then as they are today.

This unfortunate policy, which seems the focal point of CAP policy will, unfortunately I fear, keep the party resigned to the company of the marxist-leninist party (which has a similar policy) and the communist party.

Virtually every country in the world has similar monetary policy, even Cuba and Venezuala. The difference is there are more 'social industries', meaning that there is less competitiion for government 'businesses'. Canada already has 40% of the circulated money going through government channels, so it has a WIDE variety of tools to stop the gutting of Canada. Not privatizing is one HUGE way. Raising corporate tax rates is another, as well as far more regulations and enforcement on capital flight as well as the big one-NAFTA.

That doesn't even get into fiscal policy, where there are even more tools. Stop the massive repayment of debt and pursue a policy of full employment, scale back the Martin tax breaks that were given to the rich, and redistribute them. There is also the policy that was pursued along with NAFTA which was to tie our exchange rate with the americans. They wanted an equal exchange rate, otherwise it acts as a subsidy for canadian business and that's been a steady fiscal policy, even though our economy is only one tenth the size.

So to have a focal point of saying we want to socialize debt seems extreme, it only happens in extremely poor countries and is unnecessary. During the war, as well as during the seventies and earlies eighties, we had incredibly high inflation, which is a byproduct of regulated currencies.

I agree that the Bank of Canada has huge tools available, but most aren't even necessary. Socializing debt is something I doubt will resonate with canadians, particularly when we have a hard enough time getting media attention on any of the above issues I mention, in fact, the corporate tax cuts are seen as a GOOD thing by many canadians.

On another note, the federal government CAN"T dictate where provinces go for debt financing, that's provincial jurisdiction, although I agree that the lower the interest, the more chance governments will 'shop' there. However, with a socialized debt the canadian currency would be worth practically nil on international markets, which means it would be a spurious investment.

As far as monetary policy goes, it's usually as simple as taking from the rich (investors) and giving to the poor. There's more poor, and they spend more locally and per proportion of their income, so get more money to them, and less to the rich. In Canada that hardly seems likely now, ever notice how when there are BIG issues that would normally unite canadians, there are tons of little issues which keep the regions apart.

"Not true! Not true! From WWII until the mid 1970s the bank of Canada was used in exactly this way. Where do you think all of our public universities and other public infrastructure came from? Private bankers? Right, they were about as interested in providing money for this kind of thing then as they are today."

What do you mean not true? I said there is inertia in politics and most people don't care. I never said it wasn't important--I said most people are stupid and don't give a damn.

I believe there was a comment that got erased from this post that this comment was meant for and not yours.

The comment above, 'This unfortunate policy, which seems the focal point of CAP policy will, unfortunately I fear, keep the party resigned to the company of the marxist-leninist party (which has a similar policy) and the communist party.'

First the policy is anything but unfortunate. Second it is a very common sense policy, you have nothing to fear, it is well researched and documented, I would advise you to read more about it before you pass judgement; it will not cause inflation.

Second CAP will not be resigned to anything, it cannot be compared to another party, because we are not a single policy party. We are single minded, in that we believe in the restoration of the one element of democracy missing in this country, and that is putting the people back into the equation. Every other policy is the offspring of that ideology.

So if you believe that something or some group of people, corporate agenda's or profit, should come before people, then indeed we are not the party for you. But if you believe that people ought to be the primary concern of government and that a truly democratic government should be capable of governing, not oppressing or dictating and that the people should be supported to live in a healthy thriving environment, not in poverty or burdened by illness because of a toxic environment, then our common sense solutions will work very nicely for you!

You often hear people say that we need less government, but I don't think it is the size of government that pains us. Rather it is the quality and ability of government to function in the best interest of the people, that is lacking today. If you have 100 efficient, accountable and responsible individuals working for the people, that would be far more advantageous and money well spent, than to have 50 individuals who answer to themselves, serve themselves and their buddies, are irresponsible and waste our money!

Once again, size doesn't matter, but quality does!

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If I stand for my country today...will my country be here to stand for me tomorrow?