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Harper reveals six-point economic plan


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harper's plan:

Harper told reporters that as part of a plan to deal with the financial crisis, his newly elected government will:

Hold a first ministers meeting to discuss the global financial crisis. Harper did not specify a date for the meeting.

Continue to work with other G7 nations to take "appropriate actions" to support Canada's financial system.

Summon Parliament to meet in the fall. Harper did not give a date for the resumption of Parliament.

Send Harper to meet with European Union leaders later this week to discuss the economic crisis and strengthen Canada's economic partnership with the EU.

Attend a summit of G-20 finance ministers in Brazil in early November.

Continue a review of departmental spending.

Dion's plan:

Within the first 30 days of being sworn in by the Governor General, a Liberal government will:

Call upon the heads of Canada’s financial regulatory agencies – the Office of the Superintendent of Financial Institutions (OSFI), Canadian Deposit Insurance Corporation (CDIC), the Canadian Mortgage and Housing Corporation (CMHC) and the Bank of Canada – to evaluate the status and appropriateness of Canada’s financial regulatory framework within the context of the new global economic circumstances.

Convene a meeting of leading independent private sector economists to report on the state of the economy and assess both domestic and international trends for the coming year.

Direct the Department of Finance to prepare an Economic and Fiscal Update to be presented no later than the end of the third week of a new Liberal government.

Convene a Meeting of Canada’s first ministers to address the new realities of Canada’s economic situation and to ensure the best possible coordination of efforts with the provincial and territorial governments.

Work in partnership with the provinces and territories to identify infrastructure projects and opportunities in the manufacturing sector that have the greatest potential to stimulate investment and create jobs. Support will then be provided through the accelerated flow of funds under our infrastructure program and our $1-billion Advanced Manufacturing Prosperity Fund.

They seem very similar to me.

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well that should be today. any election would be way to soon for Canadians. Though if the report this morning that a deficit of billions is on its way, Harper might be screwed either way

Yes, the economy does play a role. If it keeps Harper on his heels in the next months, he probably won't want to call an election himself. A deficit would be devastating politically for him.

The Liberals can get their issues out of the way and sometime in the next year decide what their options are.

Still, if Harper decides to play hardball and make every vote a confidence vote, it means he wants an election again.

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http://www.ctv.ca/servlet/ArticleNews/stor...me=election2008

The Tories now have a five point plan? It was panicking when the Liberals had one.

Did he call it a six point plan or did the media term it that? In any event, like Dion's plan, it's not a plan at all. It's simply window dressing for the gulls who seem to think that if the government doesn't make big important pronouncements its not doing anything.

Harper's actual plan, if you want to term it that, involves, among other things, lowering business taxes, buying up mortgages from the banks to increase liquidity, and taking whatever steps are needed to ensure the banks aren't precluded from borrowing money abroad - such as guaranteeing the funds. This was reported a couple of days ago.

Harper pledges to backstop banks

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The Gov. General wouldn't allow him to dissolve the current gov't so soon after this one for no reason.

Pay attention much? The last election was technically illegal, breaking Harper's own law but the GG allowed it. Why? Because she acts on the advice of the PM. If the Cons lose a confidence motion regardless of what it is we have to have an election.

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Pay attention much? The last election was technically illegal, breaking Harper's own law but the GG allowed it. Why? Because she acts on the advice of the PM. If the Cons lose a confidence motion regardless of what it is we have to have an election.

No, you have it backwards. If it was technically illegal, it wouldn't have happened. (by definition)

The legal system is all about 'technicalities' doncha know.

The correct way to term it would be to say that the latest election was technically legal.

Edited by White Doors
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Did he call it a six point plan or did the media term it that? In any event, like Dion's plan, it's not a plan at all. It's simply window dressing for the gulls who seem to think that if the government doesn't make big important pronouncements its not doing anything.

Please. Harper derided any plan weeks ago and called it panicking. Now he is announcing some of the same things the Liberals proposed a few weeks ago. Yeesh.

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Please. Harper derided any plan weeks ago and called it panicking. Now he is announcing some of the same things the Liberals proposed a few weeks ago. Yeesh.

I wouldn't say that Dion panicked but he certainly did make a knee jerk decision that would have cost us a lot of money. Harper knows that something may need to be done and was basically saying that we shouldn't rush into anything. A PM must consider all the options and pick the best one for Canada, making sure his choices are prudent and justified.

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I wouldn't say that Dion panicked but he certainly did make a knee jerk decision that would have cost us a lot of money. Harper knows that something may need to be done and was basically saying that we shouldn't rush into anything. A PM must consider all the options and pick the best one for Canada, making sure his choices are prudent and justified.

The situation was fluid and the only one who seemed not to be reacting at the time was Harper. Now, he is announcing measures similar in tone to what Dion did. Moreover, he and others like the National Post argued that Dion was sending the market into a tailspin. This, despite stories also in the National Post that said the market was all but ignoring the Canadian election.

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I read online from the star www.the star.com that in the years of 2009-10 Canada will have a 10 BILLION deficit and the only way for Harper to get out of one is to cut services. Now what services?? The war is the largest expense and I wonder that is why he said we are done in 2011?? I also think Canada's financial outlook could be in danger if more people keep losing thier jobs because companies are moving out. Paul Martin where are you????

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