Sorry Sam, but au contraire, John Crow was the Governor of the Bank of Canada, a much loftier position than the finance minister because he controlled the interest rates absolutely. It was his policy, that kept those high interest rates to the point of near bankruptcy of the country. When the country was screaming, he continued his policy without a let-up. Just recently, he admitted that, perhaps, he had kept them too high for too long. Perhaps??? Great time to admit it when he is no longer the Governor of The Bank. Rats leave sinking ships, as I said.
Free trade may have been good for your company, but ask the huge numbers who were out of jobs after Free Trade came in how they feel about it. We also now have many businesses who left the land of high taxes and moved their plants to the States and later to Mexico. I'm not saying I blame them, because it has become a dog-eat-dog world,and we continue to tax business out of the country, but it certainly took a toll in Canada. It also did not solve our problems with the U.S. in regard to exports, and just look at the battle over salmon, lumber, wheat and on and on that is still going on between the U.S. and Canada. I also notice that we still have to live with the inflationary marketing boards, which is legalized price-fixing. This was supposed to be phased out, but I have seen no movement whatsoever on this front.
The former government WAS the rat pack. Opening old wounds is taking a look at the Conservative Party and what damage they did to this country.
Cheers
Shirley |
