Posts Tagged ‘Government’

Gun Raffle Invitation Withdrawn, But Not The Prize…

Good thing that Canadian Sport Shooting Association decided to withdraw their invitation to their Annual General Meeting And Dinner this April. I mean a gun special interest group that is inviting an Conservative MP could look a bit strange.

MP Garry Breitkreuz was invited to attend since he is, “a voice of reason in the House of Commons regarding firearms legislation”, according to Tony Bernardo, Executive Director of the Canadian Institute for Legislative Action had head of the CSSA. MP Breitkreuz’s private members bill and efforts to abolish the “long” gun registry strike a chord for the CSSA faithful.

The Canadian Sport Shooting Association (CSSA) Annual General Meeting and Dinner is to be held at the Best Western Toronto Airport West, 5825 Dixie Road, Mississauga April 18th. The most contentious issue is not the all you can eat buffet dinner of roast beef, chicken and salmon. Nor is it that Conservative MP Garry Breitkreuz was invited only to have this offer rescinded. The negative media attention thus far is granted as the CSSA appears to be insensitive to the community.

While there are aproximately 2 million law abiding gun owners in Canada that doesn’t provide any excuse to wave a gun in Toronto’s face. The CSSA will be auctioning off a handgun at their AGM. Not just any gun, a Berreta Px4 Storm. This gun is just like the ones used by Canadian Border officials and law enforcement. The CSSA describes the gun as follows:

“the PX4 “Canadian Edition.” This is a very special “Limited Edition” of the
PX4 Storm and only 500 units were made, specifically for Canadian shooters.
Featuring a factory Beretta 106mm barrel and a 10 round magazine, this
previously “prohibited” pistol qualifies for “restricted” status”

Berreta handguns have been only available in Canada legally since 2005. There were little more than a handful of registered up until the Dawson College shooting. After this shooting registration of Berreta’s almost tripled. Were these buyers all criminals? Not necessarily but perhaps the “hype” was due to the fear that these guns could soon become more difficult to obtain or become banned.

The outrage expressed by the mayor’s office, citizens, families and victims of gun violence is warranted. The reality is that 30-40% of legal guns are getting into the hands criminals. The gun registry is not contributing to criminal activity nor can it be our only measure to reduce gun violence. Yes, it is true that the gun registry has cost over $2 billion dollars but this is largely due to some 2 million Canadian gun owners and gun manufacturers/lobbyists crying over registering their legal weapons. The Conservative government has had some talk of making restricted weapons harder to obtain but not too loudly. Their “tough on crime” stance is softer than they would care to admit.

The majority of people in Toronto back Mayor Miller’s push to make semi-automatic weapons illegal. If you are a good law abiding citizen, civic duty and respect to the community in which you live is not burden, it is a priviledge.

Budget, Budget, Budget… Coalition, Election, or More of the Same

Yes the leaks have been plentiful but Jim Flaherty will be delivering the budget today. I bet CPAC has never been some popular. It will be an interesting ride for sure.

Many commentators are sharp to note that even the previously promised Infrastructure spending has yet to flow (to Toronto and other cities). Will it this time? Downloading the burden on Municipalities (who would be forced to increase taxes) won’t cut it. Miller tried to tame the condo-flipping crowd with a tax increase and got stonewalled. There’s no where to “increase” taxes unless you simply CUT expenditures (i.e. give people less services for the same tax dollars paid). A shady tactic all too familiar by several levels of government. It’s happened far too many times and I’m hopeful that this time the lack of Federal investment in social and brick and mortar infrastructure has been addressed. Tax cuts and no investment (most all of our surplus serviced debt vs. a balanced approach) have swayed Canada to deficit even before a stimulus package.

Will the government fall on this latest list of spending promises? Will a Coalition take over or will an election get called? Judgement day is coming.

The Sky Is Falling… What’s Happened To Canadian Markets?

Damn! The TSX has been hard hit with the news that financial giant Lehman Brothers was becoming one the biggest bankruptcy stories in American history. Financial markets around the world are reeling with the news and some are calling the current situation the worst they have ever seen. Hard to believe that the TSX index has sunk into the 12,000 range after hitting highs around 15,000 in June. A 20% drop! OUCH!!!

With BCE, the world’s largest leverage buyout, a fading memory I shudder to think of what the index will do or look like under the Conservative plan to allow for more takeovers. This policy plan was shaped by findings made by a government appointed Competition Policy Review Panel.

The government appointed Lynton “Red” Wilson chair of the Competition Policy Review Panel and made the call for more foreign investment. Among the recommendations forwarded by Mr. Wilson, once a CEO of BCE, move the Industry Canada threshold from to investigate foreign investment from $295 Million to $1 Billion! The industries they would like to dissolve? Telecommunications, Airlines and Uranium mining. Hmmm! Considering Canada is one of the world’s largest sources and exporters of Uranium and Telecoms can basically print money in the age of the iPhone this hardly seems prudent. The airline industry has enough problems without further takeover talk. As a leader in at least one of these industries how does selling them off benefit Canadians or Canadian Markets?

The Conservatives, under massive public pressure, blocked the selling off of MDA but under the new proposed rules how many companies would disappear without the so-called watchdog looking? Remember that the MDA deal was the first ever blocked! Not calling for extreme protectionism here but the current trend in selling Canadian assets off doesn’t invoke scenes of sovereignty on the TSX, Alberta or the Arctic. Considering it’s been said that between 70 to 90% of mergers/takeovers fail it would be interesting to see whose lobbying dollars have been spent to push the sale of these industries. We’ll have to wait and see what happens to the TSX and what kind of government enters the fold after the upcoming election.

Terms of use | Privacy Policy | Content: Creative Commons | Site and Design © 2009 | Metroblogging ® and Metblogs ® are registered trademarks of Bode Media, Inc.