To assist Canadians who want to know more about this former NDP premier Bob Rae, who is being touted as the successor to Paul Martin for Liberal party leadership, we are happy to provide this helpful chart.
Graphic courtesy Western Standard magazine.
Adam Daifallah notes the media campaign has begun.
See the old Conservatives aren’t immune. No wonder the Libs are terrified of the new Tories. None would be at all comfortable within this incestuous clique of pork bingers.
POWER CORPORATION OF CANADA
POWER CORP. OF CANADA is an international management and holding company. Its principal subsidiaries are Power Financial Corp., Power Technology Investment Corp. and Gesca Ltee. Subsidiaries of Power Financial include Great-West Lifeco, IGM Financial, London Insurance Group, Canada Life Financial, Investors Group, Mackenzie Financial Corporation, and its affiliate Pargesa Holding SA.
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Industry: Management and Diversified (Management and Diversified)
Symbol: POW.SV
Exchange(s): Toronto Stock Exchange
ANNUAL FINANCIALS
Dec 31, 2004
12 Months
C$ Dec 31, 2003
12 Months
C$ Dec 31, 2002
12 Months
C$ 3Yr.
Growth
% Change
Total Revenue ($000): 24,470,000 15,830,000 18,994,000 9.41
Earnings before Interest & Tax ($000): 3,510,000 2,847,000 2,387,000 17.31
Profit/Loss ($000): 949,000 1,268,000 645,000 15.37
Earnings per Share: 2.07 2.79 1.41 14.75
Total Assets ($000): 105,940,000 107,199,000 70,136,000 15.51
Dividends Per Share 0.55 0.47 0.40
Return on Com. Equity: 16.01 24.12 13.70
Employees: 21,500 22,000 19,000
http://www.rapp.org/url/?9S89X5V9
Well done, Canada’s cabal for all to see.
Bravo.
These guys, not Parliament really control Canada.
Take the war in Iraq for instance, the real reason we never went along with the USA was because Desmarais has multi billion dollar oil contracts with Sadam. that’s just one example there are many many more.
@Durward
“Take the war in Iraq for instance, the real reason we never went along with the USA was because Desmarais has multi billion dollar oil contracts with Sadam.”
That’s way too simplistic a view, as Desmarais, along with Frank McKenna, Brian Mulroney, James Baker, John Major, the Bush family and the BinLaden family are all connected as either investors, directors or advisors to The Carlyle Group, which makes the majority of it’s money from military/defense industries. It’s a much more complex puzzle than what is presented in that diagram.
Wow! The plot thickens as the net widens. “Corporate Canada” has taken on a whole new meaning…….
Unbelieveable. All in the family, isn’t it?
Yeah, Mark! ‘Incest’ ™ ‘The new family game every liberal can play’.
@dave
I notice there’s a few Conservatives and NDPers in there too.
I work in M,D&A (mergers, divestitures and acquisitions). In the past I’ve been a local politician and involved in several municipal, provincial and federal campaigns. The one thing I’ve noticed is that ALL politicians stick together. In my former city, the city council was very divided between NDP and the centre right, but whenever there was a sod-turning or ribbon-cutting the politicians from all parties were far friendlier with each other than they were with the public. I’d also point out that the same group of civilians followed the politicians around to all the different events.
Now as for business, all I deal with every day is millionaires. Most of the ppl I talk to know all the other ppl I talk to. The wealthy & influential of the world are really a small connected group. For instance, if you work with any of the oil&gas producers or service companies in Calgary (as I do) you’ll find that many of the boards of directors of those companies all share members. ie – each b.o.d. will contain a director that is on at least 2 other b.o.d.’s in industry-related firms. And of course each b.o.d. usually has an accountant and/or lawyer on them as well, which makes those law/accounting firms popular with the O&G companies.
Anyway, the point I am eventually going to make is that there is nothing inherently wrong with these relationships politically or business-wise until Jean Chretien refuses to go to war in Iraq because of his familial business ties to TotalElfFina’s Iraqi oil reserves.
Noel, these are old tories, not new. The new breed of tory I think would probably abhor this as much as most of us do. Just think…A government under the new tories would break this cycle and consign most of these old farts to history. I find this absolutely frightening. All that wealth concentrated within a select group who have imposed an identity on this country that I cannot feel proud of at all.
@Iron Lady
Do you really think that the power brokers of this country are going to leave the CPC alone, not co-opt them, as they have every other party that has been in power for the last 30 years?
If so, you’re living in a dream world.
In fact, there are some CPC members around who already believe that Harper was co-opted, after his appointment to the Queen’s Privy Council (where Desmarais, Strong and the other boys hang out). They believe he intentionally withdrew during the last few weeks of the last election.
When money and power of that magnitude is involved, it is fairly easy to buy loyalty, or ensure that disloyalty is punished.
Ah, the plot sickens.
No, I’m not dreaming. But they’ve been bellowing about integrity and pork and cash-filled envelopes, so will not be bought. I’m the greatest cynic in the world when it comes to politicians, and I really do believe these new, young tories have had enough of this type of pork barrel politics. I also think they will turn the auditor general loose on every single department where there has been even the slightest chance of corruption throughout the Liberal reign. The fact that these tories are so different is why the Libs are panicked and continue smear campaigns, and red tories, really closet liberals, hate them. They haven’t got a price.
I’m currently reading the Stephen Harper bio by William Johnson. From what I’ve learned so far and from my own ability to judge character over time, I doubt that these “some CPC members” are correct in their suspicions.
I am convinced that Stephen Harper is above this kind of corruption. I have seen nothing whatsoever to make me doubt this. I wonder what, if anything, the “some CPC members” have or think they’ve seen or heard.
This casting of unwarranted aspersions upon conservative leaders from inside is nothing new. It was done to Manning and Day before. I’ll let true historical facts be as they may, but there was certainly, as now, some unwarranted paranoid suspicion on the part of some. It’s expecially dangerous to those of us who want to destroy the Liberal Party if we are to publicly voice paranoid thougts. It only gives the MSM an excuse to have a PAAARRRRTY! At our expense, guaranteeing the Libs a free ride no matter what evil they committ!
Smarten up, you “some CPC members”, my friends, REMEMBER, LOOSE LIPS SINK SHIPS and focus on the TRUE ENEMY: PAUL MARTIN AND THE LIBRANOS!
REMEMBER, STAND ON GUARD FOR THEE!
Oops, I typo’d “thoughts” above and missed the stroke on the second “h”. No biggie, but perhaps that fourth cup of double-roast java was enough for a little while…
Two names–Brison and Stronach–they jumped to the Liberals–wonder if they found they would not be ‘connected’ to their own kind in the CPC fold? Both connected in the corporatocracy in Canada and internationally–these two leaving give me hope that the CPC will indeed be different.
I posted somewhere else a few minutes ago: http://www.torontosun.com. Today’s editorial is great – dump PMPM for Bob Rae, Ontario? Apparently 52% of those polled want Martin gone (59% for Harper). I think these Tories can walk the walk.
Iron Lady, you’re spot-on. And I’m one of these New Tories. In ’93, my first fed election, I voted Reform as I couldn’t take either the firestorms that were happening with the old Tories, be they honest, well-intentioned mistakes or not, nor the unbelievable promises of the Chretienites wrt the scrapping of da GST an’ da ‘ellycoppers and da “growin’ of da echo-nomy by spendin’ on da pipples who are needings of da ‘andouts whiles choppin’ the balls off da ‘elt system an’ da millaterry an’ givin’ da money to da Commyunist Chinamens an’ dis is my fav’rit: taxin’ da poopoo outta da pipples… an’ I will still be poopoolar wid da pipples… but now, for me, I put da pepper on my plate…
I have been staunchly voting for and defending Reform, the CA and the CPC since ’91, actually, simply because I see nothing but honor and the right intentions and policies coming out of them, regardless of any famous growing pains. I stick with the party through better and worse because they give me the hope I may otherwise not have ever had…
And it now looks like I have sparked the attention of some Libranos: here we have Peter Loewen, a political scientist, I believe, and Martin loyalist, already taking me on as a political threat! Peter tried the other day to spin me. He’s demonstrating the tired old Lib-left tactic of ridiculing and diminishing all opposition. Bet he and “Don” are now researching who I am and looking for weak spots; ie. can I be bought? No. Not anymore. I’m way past that point. They’ve, with their policies of economic distortion, patronage, cronyism, nepotism, etc. already hurt me enough. I will not sell my soul to the devil. Can I be threatened? Yes, but I’ll dismiss them. I’m not afraid. If they somehow managed to sic some Liberal branch on me, I’ll be ready. I’ve been mentally preparing for something like this for so long, I will relish the battle with a passion.
George, excellent point. Those moonbats with egos so massive they’re gonna explode any second, Boolinda the Billionaire Barbie Doll and Scotty “Boost me up, Paulie” Bisonshit belong over there with those dung-flinging simians. The CPC would’ve had to toss them out eventually, as they never would’ve fit with us good, honorable patriots.
Actually, I’d very much like to believe that Harper deliberately stopped running last election. If no majority was on the cards, much better to have a Martin minority than to be the next Joe Clark.
Does anybody seriously believe that Martin has enjoyed the last year? Even if you can trust the Liberal polls, they show the Liberals right now at the same level of support as they actually got at the last election. They were polling much stronger before they dropped the writ. If they called an election tomorrow, they’d drop the ususal 5-10 points by election day, and do even worse than last time. They’ve lost support.
The minority has harmed the Liberals. The same term in minority might easily have destroyed the Conservatives. If Harper deliberately threw the election, he did the right thing.
EBT, I now believe that would’ve been the right strategy, if so. The country can wait a few more months, surely, as it already has waited over a decdade and is finally ready to switch, but I agree, the short-term gain of a minority gov’t for the Tories wouldn’t have been as useful as the gain for the long-term coming from a majority for the CPC.
And this regardless of how much I wanted an immediate election, too! Oh, well, hindsight is always 20/20…
And of course it’s perfectly possible that Harper just blew it. If so, he’s been lucky.
I laughed so hard yesterday morning when I saw the bit about Bob Rae in the Post. I’m not one for conspiracy theories, but the whole Power Corp thing will change one’s mind on that post-haste. (Actually, it’s not a “conspiracy theory” so much as one very big fish in a middling size pond that just exerts a lot of influence because of the way things are.)
What really gets me, as an American, are all the Canadians up here who have picked up the Halliburton meme from American leftists. I’m sure Halliburton wishes it had one-one-hundredth of the real influence, in the States, that Power Corp actually exercises in Canada.
EBT, Harper didn’t “blow” anything. Nobody controls the volatile political landscape, and Stephen’s no exception. If you think he could predict every future event and perfectly set up everything to take advantage of each, then I guess he’d also be capable of walking on water and controlling the weather and timing of the next eruption of Mount Vesuvius.
People excuse Paul Martin’s blowings-of-its all the time, but why is it that when things don’t go perfectly for Manning, Day and Harper, they get blamed? Fo’ Fecksake, the people of Canada really gotta realize their failure to see the unfair treatment accorded the Conservative leaders.
To put it in a nutshell, Mr. Harper is doing the best he can given the crazy, crazy circumstances and the unconstitutional behavior of the Libranos wrt ignoring the democratic will of the elected representatives of the people to step down and call an election. What can Stephen do if the government is in power illegitimately? We are a peaceful people and do not seize power in violent coups, yet the Libranos will stop at absolutely nothing to stay in power, including breaking the very constitution of our nation.
Take that, Warren, Peter, and “Don” and whomever else is trying to screw with us good people.
Our benign dictatorship
Canada’s system of one-party-plus rule has stunted democracy. Two prominent conservatives present the case for more representative government
by Stephen Harper and Tom Flanagan
Discussion
http://www.nextcity.com/main/town/6dictat.htm
Thanks, Maz2. I’ve put that into my “favorites” pane for future reading.
The above article was written in 1997. Interest is to bring the thing up to date. BTW, did not Harper & etc., plan on a two-election strategy? One election down; one to go?
Who has a crystal ball? BTW, the illustration is worth saving; who can save the thing and, perhaps,paste it up on SDA for all the world to marvel at?
Maz2, if you have a later windows edition, like my XP, simply right-click on the pic and click on “Save As”, where you’ll be taken to “My Pictures” so you can give the pic whatever name you want and then click the save button.
Hope this helps.
Actually, Stephen, I’m inclined to agree with you. I think very highly of Stephen Harper. I’m just not privy to his circles, so I don’t know how much of what happened was planned.
I’d like to think his strategy was deliberate. But I take some comfort if it wasn’t, since it means he’s lucky. Smart and lucky is a very good combination.
Smart and lucky, you say. Yes, it’s fun when we smarties get lucky, yes, indeed. 🙂
Bob Rae?
Micheal Ignifawhatshisname?
Please pay attention. The guy with the halo that they really want to replace Martin with is not Bob Rae (too much baggage) and its not Igna-Ignaf-Iggy-kanif-whats-his-name (too elitist, high brow can’t connect with the common man. Besides both those guys break the cardinal rule of the liberal party to alternate between anglo and francophone.
The one to watch is Justin Trudeau.
Now what do conservatives have to do, regardless of who they decide they want? Start finding the flaws now and blog, blog, blog.
So? Does anyone have some info on Justin that the libs would prefer is kept out of the media?
Well, Justin is a Librano, right? Isn’t that bad enough?