Cargojet is leasing the gas-guzzling 727 Paul Martin is using to fly around the country, a plane he is sticking with despite the bad press it has generated.
Cargojet’s founder and CEO, Ajay Virmani, is a big Liberal Party supporter. Thousands and thousands in donations, both personally and by Cargojet.
So does it come as any surprise that just before Ralph Goodale announced favourable tax treatment for income trusts, that there was a spike in trading in units in Cargojet’s income trust fund?
Depressingly, no.
Good show, Angry! More about Cargojet from today’s edition of – wait for it – The Bermuda Royal Gazette:
“There is a new plane delivering overnight cargo to and from Bermuda. Canadian company Cargojet has taken over the role of cargo carrier for the Island from previous operator Can-X.
…
�This new service will provide both Canadian and US-based shippers direct air cargo service to and from Canada to Newark and Bermuda, which will be serviced by our current fleet of Boeing 727-200 Advanced Freighters,� said the company in a statement.
Cargojet is expecting to increase its annual revenue from between $6 to $8 million.”
http://www.theroyalgazette.com/apps/pbcs.dll/article?AID=/20051123/NEWS/111230088
I guess it makes sense that they charter a bloody cargo plane to haul all of that loot to tax-haven Bermuda.
The Globe Investor (subscription) had an article on income trusts on Nov. 30th stating “Cargojet Income Fund, Canada’s dominant independent cargo airline, has an estimated $1.10 a unit in annual distributions. That gives it a yield of just over 11 per cent.” http://www.theglobeandmail.com/servlet/Page/document/v4/sub/MarketingPage?user_URL=http://www.theglobeandmail.com%2Fservlet%2FArticleNews%2FTPStory%2FLAC%2F20051130%2FRJAZZ30%2FTPBusiness%2FMoneyMarkets&ord=1134309096732&brand=theglobeandmail&force_login=true
A good discussion of this issue at http://www.airliners.net/discussions/general_aviation/read.main/2479092/
Starjet (AKA Cargojet) operates 2 B727-200 passenger aircraft with a contract for the Toronto Bluejays, and also recently flew Prime Minister Paul Martin across Canada for the Liberal party campaign, as well as several teams in the 2004 world cup of hockey.
makes ultimate sense that the Liberals would have their exit from Canada strategy all worked out–shouldn’t be hard to follow them though–with all that CO2 pollution we just have to send the Kyoto gang after them? Guess they and their trough buddies don’t have to take the one tonne challenge?
Now, does anyone of our customs agents(you know, the ones that Screeching Annie has invested billions of our dollars for ‘security’) inspected what is on these plane’s cargo? Do we know if bags of our tax dollars are leaving, post haste, before the Liberals get deleted from the political picture in Canada? To hell with the terrorist threat–I want to know if the real terrorists in Canada, the LPOC, are making off with the loot they tell us they are ‘entitled’ to.
THIS Conservative press release on Paul Martin’s 727 is also of note…
Something that the insiders who made good bucks should remember – if they are in positions of fiduciary responsibility to public shareholders – they are personally liable to those shareholders, and at risk of being sued, and thus stripped of their assets. Personal liability. Serious consequences.
Paul AdScam-Don’t Income Trust Me- Jackass – Martin: Jean Chretien wanted a legacy, too.
Jackass Martin has a legacy, too. Beyond outrage it is. Beyond satire, ridicule; beyond politics.
An utterly corrupt Paul Martin; an utterly corrupt Liberal Party. Is there no end to it?
Exhibit: Jackass Martin>> more
Martin ‘a jackass’
Parents of slain teen say prime minister’s proposed handgun ban will do nothing to stop youth violence
By ALAN CAIRNS, TORONTO SUN
A grieving Yvette, whose eldest son Jason was gunned down on Aug. 30, say Liberal policies have led to youth violence. (Ernest Doroszuk/ Sun)
MAPLE — Prime Minister Paul Martin is a “jackass” if he thinks that banning handguns will “choke off” the deadly weaponry of Toronto street gangs, says a man whose son was slain.
“For this so-called prime minister of ours to come into the low-income areas of this city and make a statement banning guns … I look at him as a jackass … and I’ll never vote Liberal again as long as I live,” said Theodore Huxtable, whose eldest son Jason, 18, was killed on Aug. 30.
And Huxtable gave a stern warning that if justice is not served in his son’s death, he will seek his own vengeance.
“I’ll be part of your news … I’ve told police the same thing … they say ‘Mr. Huxtable, you shouldn’t make these statements’ … they can’t say I didn’t warn them,” he said.
Huxtable said his family’s grief is so overwhelming that he just doesn’t care.
His eldest son, Jason Huxtable, a loving, friendly, gentle, hard-working churchgoer, was slain in his car at a Magellan Rd. townhouse complex, near Jane St. and Shepherd Ave., in broad daylight as he drove there to give a female friend a ride.
He was not a criminal and did not have gang links. His parents believe he was shot out of envy.
His alleged killer is a 15-year-old boy who is charged with second-degree murder. Under the Youth Criminal Justice Act, his name cannot be published.>>> more
http://www.rapp.org/url/?017YPUT9
toronto sun
I wonder what cargo gets hauled back to Canada and if it’s ever checked for illegal substances? Does this company ever fly to and from Haiti?
Another one?
How’s this for timing?
Thomas Charles Strike, of Canwest / Global Television went from owning no shares of the Canwest Mediaworks Income Fund… to buying 3,000 shares on November 22, 2005.
Canwest (i.e. National Post & Global Television) donates far more money to the Liberal Party of Canada than it does to any other party.
https://www.sedi.ca/NASApp/sedi/SVTWeeklySummaryACL?name=W2ALLPDFI&locale=en_CA … page 73-74
Issuer: CanWest MediaWorks Income Fund
Insider: Strike, Thomas Charles
6 – Director or Senior Officer of 10% Security Holder, 7 – Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)
2005-11-22 2005-11-25 Units 10 – Acquisition or +800 800 disposition in the public market 591019 Direct Ownership 9.4300
2005-11-22 2005-11-25 Units 10 – Acquisition or +2,200 3,000 disposition in the public market 591020 Direct Ownership 9.4400
A Liberal donor?: … pick a year…. Canwest always gives way more to the Liberals than any other party: http://www.elections.ca/scripts/ecfiscals2/Default.asp?L=E&Page=ChooseElection
http://www.elections.ca/scripts/ecfiscals2/Default2.asp?L=E&FP=230&Page=KeywordAll&Search=canwest
http://www.liberal.ca/pdf/report1e.pdf Page 38
Price & Volume History: http://investdb.theglobeandmail.com/invest/investSQL/gx.price_history?pi_symbol=CWM.UN-T
My bet is, a lot of this money is going to be funnelled back, maybe in brown envelopes, to the LPC. A made-in-Ontario Trustscam. There can’t be so many coincidences with direct Liberal connections. No wonder we can’t get an unbiased story from the media.
Its a bit like actor LEONARDO CECAPRIO who flew in his private jet then drives in a big gas guzzler to a big earth day event in WASHINGTON D.C. to give a big SAVE THE EARTH speech what a hypotcrit but those liberals in hollywood just do it for the publicity amd the wretched papperazi
Since it’s all about Ethics, you might want to read the latest installment on the “Call for Tenders: Liberal Ethics”.
This time it’s a “creative” response to the mythical tender:
http://www.thiscanada.com/2005/12/11/response-to-tender-liberal-ethics/
Enjoy.
Three short verses that fit Liberals� every word and deed.
(with thanks and apologies to Preston Manning)
Birds Fly
Liberal Truisms (and ethical guidance)
Fish swim.
Birds fly.
Liberals LIE.
Pigs snort.
Sheep bleat.
Liberals CHEAT.
Waters flow.
Slimes congeal.
Liberals STEAL.
Breaking!
First Scott Reid says on CBC this morning that Canadian parents will spend their $1200 daycare funding on “beer and popcorn”.
(Audio link of interview available at http://www.cbc.ca/sunday/ under “Campaign Promises”)
Then on CTV Question Period today, John Duffy, given a chance to retract by Tim Powers, instead reasserts Reid’s slam on Canadian parents.
(Video link available at…
http://www.ctv.ca//servlet/ArticleNews/story/CTVNews/20051208/reid_childcare_051211/20051208?s_name=election2006&no_ads= RHS under “Party strategists…”)
I’d say Martin is in for a rough ride on the 16th.
Anyway…
It’s nice to know exactly what Liberals think of Canadian parents, eh? Certainly clears the air on this topic.
This is a great find Angry, not so much a scandal but it sure shows where their loyalties lie with respect to donations. I mean, Cargojet could make a donation, get a receipt, then make a profit leasing the plane to the very party they are making the donation too….
the world would be a very different place if people only campaigned within walking distance. Members of parliament are representatives of their riding. The prime minister should in no way be a ‘president’ of Canada, the govenor general if anyone has that role as provided by the queen. It is only a nature of corruption and criminality that has the division of commons from the monarchy, we should not attempt to overrule but be equals that is non political in nature for the good and well being of all of canada. We should all rise and have access to justice by being just lawyers and members of the bar and furthermore justices of the public peace and judges of our own actions to royal law, in that we are all representative of the Monarchy and specifically the nature of divinity that it represents.
Did anybody see CTV news last night? Apparently Bloomberg is reporting there was a spike in trading that day. This follows their earlier statement that there wasn’t. Maybe they went back and checked certain stocks. But it looks as though CTV is going to pursue this, albeit reluctantly, I would think. CBC continues to ignore it for the most part.