Sponsors Paid Trudeau $1.3M

Prime Minister Justin Trudeau yesterday disclosed he collected more than $1.3 million in speaking fees from private sponsors over a six-year period from 2006 to 2012. Cabinet released the records to preempt Conservative calls for wider disclosure of records: ‘That would paralyze the government.’

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CRA Like Needle In Haystack

The Canada Revenue Agency admits its website is “scattered”, uses “technical language” and is so complicated that “using CRA materials to find information was like finding a needle in a haystack”. The findings of an internal evaluation follow repeated calls to simplify the 3,269-page Income Tax Act: “Our tax system has become a ponderous, unwieldy monster.”

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Ponder Electric Car Mandate

The Commons environment committee yesterday voted 11-0 to study a federal mandate on electric cars. The vote follows Department of Transport data showing rebates for buyers are the costliest federal climate change subsidy: “Canada’s efforts are failing.”

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Would Hire CEO As Advisor

Canada Mortgage and Housing Corporation proposes to hire its retiring CEO as a consultant. Evan Siddall in a filing with the Ethics Commissioner said he did not vote to award any contract to himself: “I recused myself in order to avoid a situation of conflict.”

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Airlines Clear To Cancel Runs

Commercial airlines may cancel domestic flights with a simple sixty-day website notice under a regulatory waiver by the Canadian Transportation Agency. The Agency said the measure should come as no surprise for smaller airports hit with pandemic shutdowns: ‘Affected communities will not be taken by surprise.’

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Spent $464M Without A Plan

Parliament gave nearly half a billion in foreign aid to Ukraine without any overall plan to ensure money was spent wisely, says a Department of Foreign Affairs audit. The report concluded Canada “did not respond cohesively” to needs in the poorest parts of the country, but hired a gender equality advisor at its embassy in Kyiv: ‘Ukraine remains one of the poorest countries in Europe.’

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“Swimming In Dollars”

 

Excess capital

of Toronto-Dominion Bank

nearly 6 billion.

 

Bank of Montreal

3 billion.

 

Best year since 2013

for the country’s six largest banks.

 

“Great to have capital flexibility,”

says Royal Bank.

 

“We like the optionality of a higher capital level,”

says Scotiabank.

 

Meanwhile, Canada’s national debt

grows $600 per second,

inching towards a trillion.

 

(Editor’s note:  poet Shai Ben-Shalom, an Israeli-born biologist, examines current events in the Blacklock’s tradition each and every Sunday)

MPs Fight Over Trudeau Fees

Liberal MPs last night again filibustered a vote of the Commons ethics committee over disclosure of corporate sponsorship fees paid to the Prime Minister’s mother and family. “My God there’s got to be something juicy in those documents,” said New Democrat MP Charlie Angus (Timmins-James Bay, Ont.).

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Block We Charity Disclosures

Liberal MPs last night spent 11 hours and 14 minutes blocking a vote to force disclosure of uncensored We Charity documents. The filibuster at the Commons finance committee is to resume today. “They always say you have to repeat things six or seven times for it actually to sort of stick in someone’s mind,” said Liberal MP Julie Dzerowicz (Davenport, Ont.).

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‘Raises Eyebrows’ Over Pay

Executive pay at a Crown bank should ‘raise eyebrows’ for taxpayers, MPs said yesterday. The Canada Infrastructure Bank last year paid more in “termination benefits” than it did in salaries for senior managers: “The Bank is pretty clearly a failed experiment.”

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