BCE bond guarantee by the Canadian Government

Let's get Stephen Harper to follow other governments (who are backing auto makers and banks that have much higher risk) in guaranteeing the debt of Canada's largest and oldest communications company. The benefits would include:
-Taxes paid on BCE capital gains versus refunds on losses
-Pension plans need cash to fund retirees who have also lost money from current market corrections and the Harper income trust reversal
-RRSP/RRIFs benefit in a similar manner to pension plans
-The remainder of the approximately $34 billion is freed up for spending by recipients
-Sales tax revenue will increase with the additional money to shareholders right before the abysmally-predicted holiday shopping season
-OTPP & buyers benefit from lower interest rates
-It costs the GoC nothing
Sign Petition
Sign Petition
You have JavaScript disabled. Without it, our site might not function properly.

Privacy Policy

By signing, you accept Care2's Terms of Service.
You can unsub at any time here.

Having problems signing this? Let us know.