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Dr. McVety

Canadians Have Never Been Margaret Thatcher Conservatives

Much of her tenure overlapped Brian Mulroney's as Canada's prime minister. Consensus politics was an epithet to her with her brand of conviction politics, while it defined Mulroney's efforts at constitutional reform and keeping a restive caucus and Cabinet united. But his personality and persistence won her over even as he admonished her on apartheid in South Africa and the need for tougher Commonwealth sanctions. At the 1988 G7 summit in Toronto, she sparkled in personal support asking him "Did we win?" as Mulroney waited for word on a critical by-election in Quebec that would bring Lucien Bouchard into the House of Commons and kick start a second majority PC government win that fall

Conservative 2013 Budget May Allow Banks to Confiscate Customer’s Deposits

By Dr. Charles McVety

President, Canada Christian College

On March 21st, 2013, Prime Minister Stephen Harper had his Finance Minister Jim Flaherty present their 2013 Budget that included a “Bail-In Regime” on page 145. This clause will allow banks to convert liabilities into capital in times of need. The recent events in Cyprus, coupled with the G20 agreement in Mexico City-2012, suggest that this so called bail-in scheme may be used to plunder the savings of Canadians.

...Conservative 2013 Budget May Allow Banks to Confiscate Customer’s Deposits