Ottawa Deadlock: Economic Distress Should Mean Political Unity
What we are seeing out of Ottawa, is the saddest chapter in memory that rivals the Federal government's denial about the threat of Quebec separation back in 1995. In the midst of our political bickering brews one of the worst economic crisis in generations, and so the Parliament gets suspended. Is this leadership? With the financial crisis forecasting a very deep recession in this country, we need economic stimulus, and a coalition does deserve a chance if it were constructed on the premise to forge ahead on the main platform of a cohesive, non-partisan economic emergency plan that would put us on the same type of unified political footing as we are now seeing in the US. But a coalition has to put their cards on the table and start to force the issue and the sense of urgency at hand.
The Bloc participation in a coalition? This shouldn't be a problem. This should be about an economic "unity" plan that puts the population of Quebec, separatists included, on the same page as the rest of Canada, and it can put to rest any doubts that Confederation doesn't work on behalf of Quebec, and thus neutralizes the Bloc's raison d'etre in the long term. Prime Minister Harper's mean spirited manouevering has created his own political Frankenstein here that could exacerbate the economic downturn, create a meltdown of the Canadian dollar, and fire up separatist fantasies in the West as well as Quebec.
The financial urgency is building by the day as we face a growing pension crisis leaving the retired people of this country in NEED OF HELP NOW!
Some ideas on the financial front for a government that wants to show some historic initiative.
1- Three words: INCOME-TRUST-AMNESTY. Put back the forced income trust conversions for three years. This doesn't cost the government a dime, and starts to rebuild some "energy" back in our capital markets, and throws a lifeline to damaged retiree pension funds.
2- A 2-year tax free rollover of retiree money from their RRIFs into the new TAX FREE SAVINGS ACCOUNT giving the most vulnerable constituent in this meltdown a fighting chance to try and come back.
3- Embark on a nationwide infrastructure program that focuses on areas such as highways, mass transit, health care, and aggressive incentives for alternative energy innovation (Solar, conservation, wind, and oil sands extraction). No doubt, all this means running a deficit, and that's what a government does in times of economic distress.
So it's time to flush the ideologies and partisan politics down the toilet. Or we may be flushing Canada.