The bank was chartered by and under the Bank of Canada Act[14] on 3 July 1934, as a privately owned corporation, a move taken in order to ensure the bank would be free from partisan political influence. The bank's purpose was set out in the preamble to the act: "to regulate credit and currency in the best interests of the economic life of the nation, to control and protect the external value of the national monetary unit and to mitigate by its influence fluctuations in the general level of production, trade, prices and employment, so far as may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of the Dominion".[15] With the exception of the word "Canada" replacing "the Dominion", the wording today is identical to the 1934 legislation.[16] On 11 March 1935, the Bank of Canada began operations, following the granting of royal assent to the Bank of Canada Act.
Daddy Trudeau changed the objective of the Bank of Canada and allowed private banks owned by foreigners to loan money at interest to governments while the mandate of the Bank of Canada was to loan money to all levels of government in Canada at ZERO or LOW interest.
Canada had very little debt before Pierre Trudeau and is now saddled with many thousands of dollars per person.
Justin spent more money than his father. The horse turd did not fall far from the horse's ass.
David Krayden says it actually doesn’t get rid of private member’s bills. The “vegan” bill and the bill that makes promoting oil and gas illegal STAYS. We do get rid of the online harms act. We need an election now!!
I hope so too. There is so much to be uncovered. I read somewhere that trudeau was worth 3 million when he entered in 2015 and now is worth 300 million... unsure if it’s true but a forensic audit should be completed.
As for CRA going after an increase in Capital Gains Taxes. "to 66% is now off the table. Yet the CRA has already started enforcing this policy." I have now been in legal discussions and appeals with the CRA since 2019 regarding business taxes for 2015,2016,2017. They disallowed my prior non-capital losses, disallowed lease costs, business costs and renovations saying I was not zoned properly. WTF. I have city docs showing I was and a CRA doc showing my non-capital loss. What a complete waste of time and bureaucratic incompetence just to show that they can weasel something out of as citizen and small business.
If Trump is even remotely serious about taking over Canada, now would be the time. We have no functioning government, and Trudy is once again making Canada the brunt of the world's jokes.
https://en.wikipedia.org/wiki/Bank_of_Canada
The bank was chartered by and under the Bank of Canada Act[14] on 3 July 1934, as a privately owned corporation, a move taken in order to ensure the bank would be free from partisan political influence. The bank's purpose was set out in the preamble to the act: "to regulate credit and currency in the best interests of the economic life of the nation, to control and protect the external value of the national monetary unit and to mitigate by its influence fluctuations in the general level of production, trade, prices and employment, so far as may be possible within the scope of monetary action, and generally to promote the economic and financial welfare of the Dominion".[15] With the exception of the word "Canada" replacing "the Dominion", the wording today is identical to the 1934 legislation.[16] On 11 March 1935, the Bank of Canada began operations, following the granting of royal assent to the Bank of Canada Act.
Daddy Trudeau changed the objective of the Bank of Canada and allowed private banks owned by foreigners to loan money at interest to governments while the mandate of the Bank of Canada was to loan money to all levels of government in Canada at ZERO or LOW interest.
Canada had very little debt before Pierre Trudeau and is now saddled with many thousands of dollars per person.
Justin spent more money than his father. The horse turd did not fall far from the horse's ass.
David Krayden says it actually doesn’t get rid of private member’s bills. The “vegan” bill and the bill that makes promoting oil and gas illegal STAYS. We do get rid of the online harms act. We need an election now!!
Oh my goodness good for you!! I hope someone sees this post to help!! We need a real government. Such a disaster!
I hope so too. There is so much to be uncovered. I read somewhere that trudeau was worth 3 million when he entered in 2015 and now is worth 300 million... unsure if it’s true but a forensic audit should be completed.
As for CRA going after an increase in Capital Gains Taxes. "to 66% is now off the table. Yet the CRA has already started enforcing this policy." I have now been in legal discussions and appeals with the CRA since 2019 regarding business taxes for 2015,2016,2017. They disallowed my prior non-capital losses, disallowed lease costs, business costs and renovations saying I was not zoned properly. WTF. I have city docs showing I was and a CRA doc showing my non-capital loss. What a complete waste of time and bureaucratic incompetence just to show that they can weasel something out of as citizen and small business.
If Trump is even remotely serious about taking over Canada, now would be the time. We have no functioning government, and Trudy is once again making Canada the brunt of the world's jokes.
How many times do Canadians need to BURN DOWN THE WHITE HOUSE before those stupid yanks get the message.
We do not want to be under US Control!
We may not be perfect BUT at least Canadians own the 'Not-For-Profit' Bank of Canada.
Thanks for the correction, Maureen. Can you link us to this information so we can update it tomorrow?
Thank you for sending!
Sorry didn’t mean to repeat what you’ve already cleared up..