Tag Archives: Canada – Finance Minister Jim Flaherty

Former finance minister and conflict of interest

Facts defy self-serving eulogies, undeserved praise and the Conservative’s crass opportunism. The glue that bonded Flaherty’s team was money and access to the federal treasury.

120311-TorontoRobocallProtestcr2(Excerpt from Wikipedia) – Flaherty said his office broke government contracting rules in hiring MacPhie & Company to help write the 2007 budget speech and provide advice on how to sell the document. MacPhie & Company was awarded the $122,000 contract without tender by Flaherty’s office.[37] On February 7, 2008, Liberal finance critic John McCallum formally called on Auditor General Sheila Fraser to conduct an audit into the untendered contract awarded by Flaherty to MacPhie & Company for work done in advance of the 2007 budget.[38] Continue reading

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Flaherty should be held responsible for economic damage, wrecking Canada, criminalizing Canadian workers and repeated war budgets

He was a political representative of the financial elite and a neo-liberal champion of its anti-union, anti-worker, anti-social and anti-national offensive. The media and political parties of the establishment are politicizing and manipulating the death of Jim Flaherty, giving the battle-cry “Glory to the Harper agenda – to its heroes glory!” | TONY SEED

Workers demonstrate outside of Flaherty’s campaign office in Whitby-Oshawa during 2008 election.

(Apr. 11, revised Apr. 13, 15) – THE MEDIA is going non-stop in its eulogizing of Jim Flaherty, who passed away suddenly on April 10. Until his retirement recently, Flaherty had been federal finance minister since the 2006 electoral coup that brought the Harper government to power and one its most powerful and prominent figures. On the basis of a motion by NDP leader Thomas Mulcair, the House of Commons immediately suspended its regular business on the afternoon of April 10 and devoted a session to tributes from all parties before adjourning. Opposition MPs reportedly hugged Conservative MPs. Media accounts highlighted plaudits from the major banks, which they called “the business community.” “I will miss working with Jim,” TD Bank president Ed Clark gushed. “I greatly admired his passion for improving the lives of Canadians.” The media created online books of condolences.

The dominant media and political discourse advances the view that regardless of one’s individual views on Flaherty’s policies and budgets, he had human qualities; he “put partisanship aside” in the common pursuit of “growing the Canadian economy,” and hence “politicians of all stripes are mourning him.” The illusion is spun that capitalism can be reformed and saved from its basic contradictions through fiscal and budgetary policies such as those implemented by Flaherty that generally reduce state investments in social programs and increase the amount given directly to finance capital.

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Flaherty’s ‘surplus’

The so-called surprise surplus that Minister of Finance James Flaherty has just announced is due to service cuts and sales of public assets, not to the Harper dictatorship’s financial wizardry. Harper could create an even bigger surplus if he just cancelled all services and sold off Canada. – Dougal MacDonald

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Important reading: Harper government to usurp more arbitrary powers on behalf of the monopolies

110129-HamiltonDayofAction-87FINANCE Minister Jim Flaherty tabled the Omnibus Budget Bill C-4 on October 21, 2012. The bill is an act to implement certain provisions of the budget and other measures put before Parliament on March 21, 2013. It marks the second federal budget implementation bill this year, and the fourth omnibus budget bill introduced in the House in the past two years. Continue reading

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Looking at the federal government budget for 2013

100626-TorontoNoG8G20-71cropBy K.C. ADAMS, TML Weekly
• Part One: Ideo-Political Considerations of the Federal Budget

CANADIANS are understandably concerned with the prospects for the country. At this stage in history, people are blocked from setting the aim, agenda and direction of the economy. The ruling elite expect the people to accept the dictate of the monopolies and the government for those features of modern democratic life that should belong to the people by virtue of being members of the polity.

A budget is an accounting tool of the economy. The expenditures and revenue of a nation, institution, collective or individual exist within a dialectical relationship. The ideo-political considerations of a budget both expenditures and revenue are set by those who control the nation, institution, collective or individual. The ideo-political considerations are the bedrock on which the aim of the nation, institution, collective or individual is fashioned and the expenditures and subsequent necessary revenue determined within the budget. More…

• Part Two: Mystery of State — The Hoax of Balancing the Budget 
• Your Tax Dollar: 2011-2012 Fiscal Year – Department of Finance 
• Summary of 2012 Budget – Department of Finance 

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