Educate, Advocate, Articulate

  Imagine what could be done for Canadians if we saved that money? Doesn’t it make sense that less interest would result progressive elimination of personal income tax and voter hated taxes including the GST, all while providing us with the best of everything in Canada. And without sacrificing our sovereignty!

  The Bank of Canada could be used for most of Canada’s financing needs for infrastructure, social programs, education and more. We could then incrementally return our debt held by private banks to the Bank of Canada which would save us billions in unnecessary interest annualy!

  If you want our Canada to remain sovereign and independent, Our Bank of Canada is the Answer. It is not difficult, we have the right and obligation to use the tools to re-ignite our economy and to do this simply, Our Bank of Canada is the Answer.

  It is time we use what is ours.

  Why Bank of Canada?

  The Bank of Canada is wholly owned by the people of Canada, unlike the US Federal Reserve, a private corporation disguised to look like government. It was nationalized in 1938 and used to fund infrastructure, social programs and education, for the benefit of all Canadians until the mid 1970s. It helped bring us out of the Depression, funded World War II, highways like the McDonald-Cartier freeway, public transportation systems, airports, the St. Lawrence Seaway, our universal healthcare system, and our Canada Pension Plan. These years were some of the best and most productive years in Canada since Confederation!

  But everything changed when Canada became a member of the then G7 in the mid-70’s and embraced the principles of globalization. Maximizing the power of publicly owned central banks is contrary to the command of the globalization process led by the IMF and World Bank.

  Canada now uses the Bank of Canada to finance only about 2% of the nation's needs. The rest is borrowed from private banks at high and compound interest. In 1974, Canada’s accumulated federal national debt since Confederation was a mere $18 billion. But by 1997 after the government drastically reduced its use of the Bank of Canada to carry public debt, it had risen 3000% to $588 billion! Today the debt is over $500 billion of which 95% is compound interest owed to private banks and investors.

  Today’s government’s intentional failure to use our Bank of Canada properly needs to be seriously questioned. Not only has our national debt exploded , their failure has also allowed for the systematic dismantling of Canada by private corporations through “free trade” deals and agreements such as: FTA, NAFTA, CAFTA, Atlantica, Pacifica, TILMA, to name a few! Now we have the Security & Prosperity Partnership Agreement to contend with. These types of agreements only serve to put our nationalized monetary sovereignty at risk!