Ottawa Liberal drama unfolds in four act political saga
The piece outlines a four act Ottawa political drama as Alberta’s Liberal government faces distrust. Act One cites Auditor General Fraser revealing tens of millions missing during Chretien's era. Act Two covers Martin's March steps to appoint a judicial inquiry and a $100 million ad agency siphon from a $250 million unity program. Act Three reports Goodale's 2004-05 budget claiming a $4 billion surplus and reestablishment of the Comptroller General. Act Four remains undecided as polls show Liberal support sinking and potential election timing debated.
MENTIONED IN THIS ARTICLE
Ottawa
Orcome
Sheila Fraser
Jean Chretien
Paul Martin
Treasury Board
Fraser
Martin
Quebec
National Unity
Act Two
Public Accounts Committee
House of Commons
Cir
Ralph Goodale
Regina
Goodale
Chretien
Comptroller-General
Kim Campbell
Liberal Party
Greater Fool theory warned as housing boom fuels debt surge
Garth Turner warns in his Turner Report that asset bubbles arise when buyers trust a greater fool will pay more. He cites Canada and US housing booms, record mortgage debt, no money down loans, and expected rate increases as evidence of risky real estate demand. Global TV airs Sundays.
MENTIONED IN THIS ARTICLE
Mississauga
Canada Mortgage and Housing Corporation
Nine Eleven
United States
Canada
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Iymo
Harry Meer
P.O. Box
Russell
Manitoba
Russell Banner
Main Street
Ontario
Saskatchewan
He Turner
Toronto
Hastiy
Across
Potomac River
Washington
Alexandria
Garth Turner
Global