The folks at Harbourfront tend to pay close attention to fiscal and monetary policy, as well as changes in tax policy and government spending. Like all Canadians, we’d like to see the government manage our tax dollars wisely.
You might have recently noticed a story in the news regarding the Canadian government’s decision to issue a formal apology and provide $10.5 million in compensation to Omar Khadr. When the news first broke that Canada was going to settle with Mr. Khadr, one of our partners David Gilman emailed the Prime Minister on July 7th to express some of his concerns regarding the settlement. He was not alone, as a recent poll by Angus Reid indicates that 71% of Canadian voters were surprised by the settlement and did not agree with it. By Thursday July 13th, the following week, Trudeau phoned David personally at his home and they discussed the issue for about 20 minutes. David said the Prime Minister was very open and easy to talk to and they had a very interesting conversation. While David was surprised to get a phone call, he said it’s nice to know that the Prime Minister took the time to speak with a concerned citizen. While I’m sure many of us have unique opinions on this and other issues, letting our leaders know how we feel is part of a healthy democracy.
If you have any concerns with the Canadian government, email Trudeau, he’ll call you back.
Have a good weekend.
Daniel Popescu CFP, CIM, FMA, FCSI
President & CEO
MNP Tower, 3100-1021 West Hastings St.
Vancouver, BC V6E 0C3
T: 604-558-6830/1(877) 588-6822
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“I have prepared this commentary to give you my thoughts on various investment alternatives and considerations which may be relevant to your portfolio. This commentary reflects my opinions alone, and may not reflect the views of Harbourfront Wealth Management. In expressing these opinions, I bring my best judgment and professional experience from the perspective of someone who surveys a broad range of investments. Therefore, this report should be viewed as a reflection of my informed opinions rather than analyses produced by Harbourfront Wealth Management Inc.”
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