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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: a.handbag. who wrote (9800)	9/27/2005 10:30:38 AM
From: Bat Man	Respond to of 11633

Here's the response I received from Solberg, I missed it on TV, all I saw yesterday was the squirrel problem. The response I received from Milliken indicated he wanted to communicate by traditional mail, his office help wanted to know if I had talked with my financial adviser and did not know what a Trust Fund might be. The Prime Minister has not replied. Stephen Harper replied, but he's got to check it out. Monte Solberg, Member of Parliament Medicine Hat Audio News Release FOR IMMEDIATE RELEASE September 26, 2005 Monte Solberg, MP (Medicine Hat) today rose in the House of Commons and made the following statements: media.conservative.ca media.conservative.ca (double click the link to listen) Mr. Monte Solberg (Medicine Hat, CPC): Mr. Speaker, by cancelling advance tax rulings on income trusts the finance minister is endangering the financial security of millions of Canadians, especially seniors. With the minister's announcement, Canadian businesses lost billions of dollars in market capital in one day and thousands of dollars were shaved off personal nest eggs of Canadians. Why is the minister attacking all Canadians and especially seniors with his reckless behaviour on income trusts? Hon. Ralph Goodale (Minister of Finance, Lib.): Mr. Speaker, the conduct is anything but reckless. The government has indicated that we wish to have a consultation to develop policy options with respect to these matters. It is very important that the consultation be conducted in a rational manner. Therefore we have taken the steps that we have. We intend to complete the consultation as quickly as possible and respond with the right policy response. Mr. Monte Solberg (Medicine Hat, CPC): Mr. Speaker, not only is the finance minister attacking investors with his erratic behaviour on trusts, but now he is re-breaking his promise to reduce the tax load on Canada's largest employers. Today the finance minister confirmed that he is being called to heel by the leader of the NDP. He has announced he is re-breaking his commitment to cut taxes for large employers. How can he do that when he claims that raising productivity is one of his many number one priorities? Hon. Ralph Goodale (Minister of Finance, Lib.): Mr. Speaker, we really cannot trust these people. Last spring they were supporting the budget until about April 21. There was a sudden blip in the polls. It did not amount to much and it did not last very long, but it set off this huge surge of Conservative electoral hormones. All the blood rushed from their heads. The Conservatives lost their judgment and they tried to kill the very budget that they now pretend to defend. -30- :