The End of Canada

[Oscar]

The End of Canada

September 1, 2006.

Canada is rapidly losing its economic sovereignty. Most Canadians were proud that many nations viewed us as an independent sovereign country. This is rapidly changing. And it is happening while we are somewhat overwhelmed every day about the horrors of destruction and death in the Middle East, and as our young men are dying in support of an invasion that was not of our making.

According to the chief investment officer for Toronto-based Signature Funds, every year about 5% of Canada's largest trading companies--numbering between 55 to 60--who do over $10 million of trade each day--are being bought up by foreign interests, trying to increase their profits. Most, but not all, are American based.

This year non-Canadians purchasers have announced the buying up of 34 Canadian companies amounting to $62.3 billion.

There are some well-known names on this partial list; Hudson Bay Co., Fairmont Hotel and Resorts Inc., Dofasco Inc., [Canada's largest steel producer], Vincor International, [its largest winemaker], Falconbridge, Canada's largest nickel producer] was bought up by Extrata, a Swiss firm. Shareholders of Inco are facing take-overs by either American or Brazilian interests. Whistler Blackcome Mountian has agreed to sell itself to Fortress Investment Group, a New York firm.

Last year, 8 companies were removed from Standard and Poors TXS Composite Index. It is estimated that this number will be greater in 2006.
The take-over of Canada has been a long-time objective of the US. It was accelerated under Brian Mulroney's Conservatives, who abolished the Foreign Investments Review Agency. All of this, including the last 200 years of American/Canadian history is well documented in David Orchard's book,"The Fight for Canada."

Our "hands on" Prime-Minister, Stephen Harper, certainly appears to favor the present Bush administration. There is great pressure from the US to control Canada's water and oil. On October 3, 1987 Canada and the United States finalized the FTA. The American trade negotiator, Clayton Yuetter, made this statement: " We've signed a stunning trade pact with Canada.The Canadians don't understand what they have signed. In 20 years they will be sucked into our economy" Giving the Harper Conservatives a majority in the next federal election would, in all probability, end Canada as the country most Canadians love and cherish.

Yours sincerely,
Leo Kurtenbach
Cudworth, SK