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Conservative Values

See-no-evil party leaders promise more spending as global conditions collapse

For anyone with a stake in Canada's economy - which would be all 35 million of us - the week started off to ugly, ugly news. The stock market route that took hold last week is continuing. Australia's market lost $60 billion right off the get-go. Investors in China are so enraged at the boss of the metals exchange that they kidnapped him from his hotel. Headlines are rife with words like "panic", "crash,", "collapse", "fear."

In Canada? In Canada we have an election underway, and the candidates plan another week of blithely promising new programs with new spending, while official Ottawa obsesses over which subordinates in the Prime Minister's Office knew Nigel Wright was paying Mike Duffy's bills.

Justin Trudeau is first off the mark with the latest spending promise. Details were conveniently leaked that the Liberal leader will unveil a generous new package for Canadian veterans, including a lifetime pension for the injured, better survivor benefits, a higher burial allowance, a new education benefit and other reforms. Trudeau will also re-open nine veterans offices that were closed for lack of traffic.

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