jacee Posted October 22, 2012 Report Posted October 22, 2012 Conflict of interest? Maybe not legally but ... Flaherty’s wife, for example, holds shares in a chartered bank that is currently awaiting her husband’s approval to acquire another bank. ... Harper’s office refused to say which stocks his wife’s portfolio contains, or whether any of them are among the Alberta energy companies whose future performance could depend on upcoming cabinet decisions about pipeline policy and Chinese investment in the oilsands. ... Effectively, Canadians must trust there is nothing in these portfolios that could clash with their spouses’ public duties or, if there is, that they wouldn’t act on any cabinet confidences their husbands or wives let slip. http://www.ottawacitizen.com/touch/story.html?id=7424354 Ya we trust ... Quote
Topaz Posted October 22, 2012 Report Posted October 22, 2012 I bet if one did look into what the spouses that have as investments or other, many ministers, especially the govt of the day, you'd find many in conflict of interests.. As I have stated before , the minister of agriculture, anything to improve farming,he also helps his own family. IF his son didn't want the Wheat Board, you wish is my command, son. During the era of Mulroney, he couldn't take anything because he would be taxed and I think there are limits, so his wife took everything given to him. The Mulroney left office a lot richer than they came in. Some of the MP's have small business or medium size business, any improvement, they are also helping themselves. Quote
Fletch 27 Posted October 22, 2012 Report Posted October 22, 2012 Conflict of interest? Maybe not legally but ... Flaherty's wife, for example, holds shares in a chartered bank that is currently awaiting her husband's approval to acquire another bank. ... Harper's office refused to say which stocks his wife's portfolio contains, or whether any of them are among the Alberta energy companies whose future performance could depend on upcoming cabinet decisions about pipeline policy and Chinese investment in the oilsands. ... Effectively, Canadians must trust there is nothing in these portfolios that could clash with their spouses' public duties or, if there is, that they wouldn't act on any cabinet confidences their husbands or wives let slip. http://www.ottawacit...html?id=7424354 Ya we trust ... I think your were "burned" in a relationship maybe once too often. No trust? Cmon, Look at Paul Martin and his shipping empire and his refusal to fly the Canadian Flag on his ships? What about Mulcairs investments in France?? Maybe you should look at whats happening in your OWN house prior to drag an honest man through the mud. Your speculations are WAY out of hand now.. Quote
cybercoma Posted October 22, 2012 Report Posted October 22, 2012 If they share a bank account, it certainly is conflict of interest. Quote
Fletch 27 Posted October 22, 2012 Report Posted October 22, 2012 Thats another assumption Cyber... Both on the Conflict and the sharing of thier accounts... Mulcair shares his accounts with his wife,, they both had to re-mortgage (co-Sign) 11 (!!!) times for thier poorly managed portfolio.. Im ok however with Mulcair investing... In an education.. Quote
jacee Posted October 22, 2012 Author Report Posted October 22, 2012 (edited) I think your were "burned" in a relationship maybe once too often. No trust? Cmon, Look at Paul Martin and his shipping empire and his refusal to fly the Canadian Flag on his ships? What about Mulcairs investments in France?? Maybe you should look at whats happening in your OWN house prior to drag an honest man through the mud. Your speculations are WAY out of hand now.. I think you should keep your juvenile personal attacks out of it. And I think ANY politicians of ANY party using public office to enrich themselves should be exposed. More from the link - maybe you should read it Fletch. The apparent lack of scrutiny of the Harpers’ holdings also contrasts with the experience of his predecessor, Paul Martin, whose ownership of a family shipping company was controlled through a controversial “blind management agreement” administered by then Ethics Commissioner Howard Wilson. ... Similarly, there is no blind trust requirement for labour minister Raitt’s partner, Bruce Wood, who has an RRSP of securities through TD Waterhouse Discount Brokerage. Her office did not respond to a request for more information about the RRSP. Spouses of International Cooperation Minister Julian Fantino and junior cabinet ministers Tim Uppal (Democratic Reform), Lynne Yelich (Western Economic Diversification), Diane Ablonczy (Foreign Affairs, Americas and Consular Affairs) and Gary Goodyear (Science and Technology) also have investment portfolios with public securities. Edited October 22, 2012 by jacee Quote
PIK Posted October 22, 2012 Report Posted October 22, 2012 I think you should keep your juvenile personal attacks out of it. And I think ANY politicians of ANY party using public office to enrich themselves should be exposed. More from the link - maybe you should read it Fletch. The apparent lack of scrutiny of the Harpers' holdings also contrasts with the experience of his predecessor, Paul Martin, whose ownership of a family shipping company was controlled through a controversial "blind management agreement" administered by then Ethics Commissioner Howard Wilson. ... Similarly, there is no blind trust requirement for labour minister Raitt's partner, Bruce Wood, who has an RRSP of securities through TD Waterhouse Discount Brokerage. Her office did not respond to a request for more information about the RRSP. Spouses of International Cooperation Minister Julian Fantino and junior cabinet ministers Tim Uppal (Democratic Reform), Lynne Yelich (Western Economic Diversification), Diane Ablonczy (Foreign Affairs, Americas and Consular Affairs) and Gary Goodyear (Science and Technology) also have investment portfolios with public securities. This thread is a juvenile attack. Quote Toronto, like a roach motel in the middle of a pretty living room.
Fletch 27 Posted October 22, 2012 Report Posted October 22, 2012 I think you should keep your juvenile personal attacks out of it. And I think ANY politicians of ANY party using public office to enrich themselves should be exposed. More from the link - maybe you should read it Fletch. The apparent lack of scrutiny of the Harpers' holdings also contrasts with the experience of his predecessor, Paul Martin, whose ownership of a family shipping company was controlled through a controversial "blind management agreement" administered by then Ethics Commissioner Howard Wilson. ... Similarly, there is no blind trust requirement for labour minister Raitt's partner, Bruce Wood, who has an RRSP of securities through TD Waterhouse Discount Brokerage. Her office did not respond to a request for more information about the RRSP. Spouses of International Cooperation Minister Julian Fantino and junior cabinet ministers Tim Uppal (Democratic Reform), Lynne Yelich (Western Economic Diversification), Diane Ablonczy (Foreign Affairs, Americas and Consular Affairs) and Gary Goodyear (Science and Technology) also have investment portfolios with public securities. As in a relationship with an elected Politician... I.E, You voted for him/her and she was accused of wrong doing... And to the Lisa Raitt portion? Who DOESNT have a TD RRSP?? Or CIBC or Who-ever???? And the lack of reply is warranted!! Who would "comment" on such a stupid request for info??? That is EXACLY like me calling the family down the block as asking them about what thier RRSP portfolio looks like and where they placed them... Simply stupid.. Should we institute blind trusts to Civil cervants? The guys in Parks and rec? Hows about the the teachers? They do work for the ministry of education and have insight to pension plans.. And Investments!!! No, we should all be verry verry afraid... the boogy man? I work privatly in high tech... Should i be limited to where I can invest? Should maybe the Government invest my money for me? Lets say i was married to Lisa Raitt... Should i be forced to open up my portfolio to the leftist media? Quote
PIK Posted October 22, 2012 Report Posted October 22, 2012 I would like to know how much time chretien spent on his business ventures in china,while he was PM and using our tax dollars on these so called business trips. That would be very interesting to find out the truth about all those trips top china, which have not stopped since he retired. Quote Toronto, like a roach motel in the middle of a pretty living room.
jacee Posted October 22, 2012 Author Report Posted October 22, 2012 And to the Lisa Raitt portion? Who DOESNT have a TD RRSP?? Or CIBC or Who-ever???? And the lack of reply is warranted!! Who would "comment" on such a stupid request for info??? That is EXACLY like me calling the family down the block as asking them about what thier RRSP portfolio looks like and where they placed them... Simply stupid.. Should we institute blind trusts to Civil cervants? The guys in Parks and rec? Hows about the the teachers? They do work for the ministry of education and have insight to pension plans.. And Investments!!! No, we should all be verry verry afraid... the boogy man? I work privatly in high tech... Should i be limited to where I can invest? Should maybe the Government invest my money for me? Lets say i was married to Lisa Raitt... Should i be forced to open up my portfolio to the leftist media? If your spouse is making decisions that can affect the value of your stocks, taxpayers have a right to know. Quote
Fletch 27 Posted October 22, 2012 Report Posted October 22, 2012 If your spouse is making decisions that can affect the value of your stocks, taxpayers have a right to know. We should remove TV's and media from the homes of all parliamentarians... Kevin Oleary is EVEYWHERE!!!! He's sooo scarrrry too but has some great financial advice!!!! For Halloween, Im gonna go dressed as my TFSA ! Its sooo scary! Quote
login Posted October 23, 2012 Report Posted October 23, 2012 (edited) If it is "any" personal aquaintances than it is a conflict of interset and the minister should remove themselves of those matters. Part of that though is if they "have knowledge" of an aquaintance having a personal interest in a matter. A conflict of interst exists in making a decision regarding anything in which themselves or their aquaintances can be benefited through the nature of decisions or actions that are held for the public trust and wellbeing. Edited October 23, 2012 by login Quote
Moonbox Posted October 23, 2012 Report Posted October 23, 2012 I remember watching an episode of 60 minutes last year that looked into this sort of thing in the USA. Apparently down south there isn't any rules about insider trading for politicians. The basic idea here was that a Congrressman or Senator could be the deciding vote in something like approving the Keystone pipeline or whatever, load up on shares of the company before any decision is made/announced, and then vote the decision through and profit. The congressman or senator (I can't remember) that 60 Minutes was interviewing wrote up a proposal to make this illegal. He needed EIGHT signatures from his fellows to present it to the House of Representatives. He couldn't get those signatures. The Democrats wouldn't sign it, the Republicans wouldn't sign it, Obama wouldn't make an issue of it. His proposal fell flat on its face. That's how much we like getting screwed in NA. Quote "A man is no more entitled to an opinion for which he cannot account than he does for a pint of beer for which he cannot pay" - Anonymous
jacee Posted October 23, 2012 Author Report Posted October 23, 2012 The office of Ethics Commissioner Mary Dawson says that while there is no requirement for spouses or other family members to use blind trusts, cabinet ministers are still covered by the general provision to avoid acting in a conflict.They are subject to “the prohibition against using insider information to seek to further their private interests or those of their relatives or friends or to improperly further another person’s private interests,” said spokesperson Jocelyne Brisebois in an email. Dawson’s office says she has not conducted any investigations related to spousal assets and was vague about whether she received itemized lists of stock holdings, saying that public office holders are required to make a “reasonable” efforts to detail spousal assets. Quote
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