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Report from Parliament's Hill - November 27th, 2009

By Prince George - Peace River M.P. Jay Hill

Friday, November 27, 2009 03:44 AM

Safety First:  Justice and Corrections Legislation Advances Through Parliament”

This was another “Justice Week” in the House of Commons. 
 
As part of our Conservative Government’s agenda to protect Canadians and crack down on crime, we have been selecting weeks that Members of Parliament and Senators can focus their efforts upon moving justice legislation through Parliament.
 
On Monday, we began by debating Bill C-36, which would repeal the “faint hope” clause so that criminals who commit first or second-degree murder will no longer be able to apply for early parole.  By ending “faint hope” reviews, we’ll spare families the pain of attending repeated parole eligibility hearings and having to relive their losses, over and over again.
 
Fortunately, our efforts paid off, and by Wednesday Bill C-36 was passed in the House with the support of Liberal MPs.  I am hopeful that Liberals in the Senate will be equally cooperative and that this legislation will be passed into law quickly.
 
On Tuesday, Justice Minister Rob Nicholson introduced Bill C-58, which will require Internet service providers (ISPs) to report online child pornography to authorities.
 
This legislation will further help to fight the sexual exploitation of children by requiring ISPs to report to a designated agency tips they receive from the public. They would also be required to notify police and safeguard evidence if they believe a child pornography offence has been committed using an Internet service they provide.
 
Currently, such actions are voluntary.  The bill would set graduated fines for failure to comply.   Mandatory reporting will strengthen our ability to protect our children from sexual predators and it will help police rescue young victims and prosecute the criminals responsible.
 

Also this week, MPs debated Bill C-31 which would modernize criminal law procedure and make the justice system more efficient and effective.

 
Among other things, the bill creates a new offence to help prevent individuals from fleeing a province or territory in order to avoid prosecution.  It also proposes to give law enforcement greater access to search and seizure warrants.  And it streamlines the identification process in police stations, allowing the fingerprinting and photographing of persons in lawful custody who have not yet been charged or convicted of specific offences.
 
On Thursday, Public Safety Minister Peter Van Loan introduced legislation amending the International Transfer of Offenders Act.  Through Bill C-59, our government is taking the next step in making protection of society the paramount principle of our federal corrections system.
 
This legislation would establish additional factors to consider in deciding whether to grant requests by criminals serving time in other countries to transfer back to Canada to serve their sentences here.
 
The Bill would provide the Minister of Public Safety greater discretion to deny such requests; for example, if in the Minister’s opinion the offender would endanger public safety; continue to engage in criminal activities; or, endanger the safety of any child, in cases of offenders convicted of a sexual offence involving a child, as well as whether the offender has been participating in rehabilitation and cooperating with law enforcement.
 
Canadians want to know their communities are safe from serious violent criminals and our Conservative government will continue to put the safety of Canadians first.
 

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Comments

What about all the rampant financial crimes robbing Canadians from their savings and retirement funds? When will government ever get serious about that?

Do Jay Hill and the federal conservative party feel Canadians do not need to be protected from financial criminals operating in the stock market, mutual fund markets, and operating the companies Canadians work for?

It seems that way to me.
Ottawa has been creating a housing bubble in Canada with taxpayer money which is why residential real estate prices rise in defiance of high unemployment and recession.

Ottawa's low interest rate policy and crown agency Canada Mortgage and Housing Corporation's dramatic increase in mortgage backstopping, for people who put only 5% down, have pushed upward activity and prices.

Some, such as Post reader and accountant, Derek Bruce, worry that the Tories are allowing CMHC to become like Freddie and Fannie south of the border, a rogue financial institution the size of one of our big five commercial banks.

In March, CMHC was allowed to insure up to C$600 billion in mortgages, up from C$450 billion the year before, said a CMHC spokesman today.

“Last year alone, CHMC did 919,780 deals worth a staggering C$148 billion, or about twice what it had planned. To accommodate that, the feds have raised its allowable insured mortgage limit to C$600 billion, or about double what it was two years ago,” wrote author, former MP Garth Turner.

This is a looming problem which flies in the face of Ottawa’s smugness about its superior regulatory regime and Canadian banking conservatism.
For starters, CMHC is as big as a bank and not regulated.

It's a mortgage slush fund which distorts the market. It allows banks to lend recklessly without consequences and pushes up the price of housing for everyone. It rewards those willing to speculate with leverage and discriminates against those who are prudent. It's unfair because the Canadian banks charge the same mortgage interest rates to those who put only 5% down with CMHC backing as those with skin in the game and large down payments.
Thus Canada's real estate markets are hitting highs in the middle of the worst recession since the Great Depression.

“Since CMHC is insuring so many mortgages, the banks have no incentive to test the credit worthiness of home purchasers. Then the mortgages can be neatly packed into MBS securities and have a CMHC 100% Canadian guarantee on the back of the investments thus insuring end-investors these papers are insured from loss,” wrote Bruce.

Distortions
Some may argue this is simply another stimulus strategy, but this is canceled out by the fact that it encourages bad and unfair behavior and banking practices. It also has serious monetary/currency implications because air will eventually have to be let out of the bubble by imposing higher interest rates. This will mean a higher Canadian dollar.
The question is why should taxpayers be involved in this when it shoots them collectively in the foot? Why shouldn’t banks have skin in the game? And home buyers? If not, why shouldn’t they share the upside with taxpayers?
This amounts to a subsidy to our highly profitable commercial banks, real estate developers and speculators.

http://network.nationalpost.com/np/blogs/francis/archive/2009/10/21/cmhc-canada-s-freddie-and-fannie.aspx