Liberal Party financially bankrupt too?

As most of you have probably heard by now, Elections Canada released the figures of the submitted 2004 returns of the Conservative Party, the Liberal Party, the NDP and the Bloc. The report noted that the parties raised $10.9 million, $5.2 million, $5.2 million, $897,000 respectively for the fiscal year of 2004, an election year.

Not only did the Liberals raise less than half of the amount compared to the Conservatives, they raised the same amount as the NDP. Also, the Conservative cash came from 68,382 donors, and that of the Liberals came from 17,429 donors. The Conservatives are showing some real grassroots support, a trend that has continued from 2003.

But what you might not have heard is that the Liberal Party of Canada is in serious financial trouble. The party took out $35 million in loans during 2004, according to Elections Canada.

The report further states that the Liberals have $75,000 in outstanding bills to Bell Mobility, Delta Hotels and PricewaterhouseCoopers.

The party took out $35 million in loans last year and they only raised $5.2 million? Perhaps its the Liberals who don’t want an election right now. Not only do they fear being punished for their state of moral bankruptcy, but it seems that they are financially bankrupt as well.

Remember too that they owe a few more hundred million dollars to the Gomery trust fund.

Political orientation – Canada vs. US

Today is Independence Day in the U.S. and I wish a happy 4th to all of my American visitors today.

I’ve done something that is truly Canadian on this American holiday. This post will both compare Canada to America and will do so in order to help us better understand our identity as Canadians. Quite a Canadian pass-time!

The political compass website has been a favourite political website of mine for some time. It presents a quiz to its visitors, which they complete and have their score ranked on a political grid from left to right wing, and from libertarian to authoritarian. The axes are absolute and therefore make for an interesting political comparison between Canadian and American politics. I’ve gone ahead and overlapped the American and Canadian data and found a couple of interesting things.

canadian-american-political-compass.gif

My first observation here is that John Kerry is more right-wing than the Conservative Party of Canada. Some Canadians often complain that Stephen Harper and the Conservative Party are too right-wing, however, they were the same people who cheered blindly for the senator from Massachusetts to win the 2004 Presidential election. Also, the Conservative Party and John Kerry are quite similar along the authoritarian-libertarian axis. While John Kerry campaigned on a pro-choice campaign, the CPC’s policy isn’t explicitly pro-choice, but rather a pro-status quo which supports perhaps the most permissive abortion laws in the world. John Kerry campaigned on civil unions for gay couples while the CPC would have preserved the traditional definition of marriage while allowing for equal rights for gay couples (all Canadian parties were bound by the Supreme Court in that they could not take the “civil union” route).

I still maintain that John Kerry would have been a disaster for Canadian domestic policies as his trade protectionism would have further crippled Canadian beef and lumber markets.

Moving on, the Liberal Party also appears as “right wing” which might have to be changed after the implementation of the NDP budget, C-48.

You can take a look at the data here:

Canadian Data

American Data

British data

The British Labour Party is a member party of Socialist International, yet so is Canada’s NDP. It makes the head spin.

Light Blogging

In Ottawa right now doing the Canada Day things with friends. There aren’t any wireless hotspots to which I care to lug my laptop on a hot day, so I’m at Chapters in the Byward market with, oh, about 4 minutes left on my Internet Café gift card. This is all very interesting I’m sure…

Nothing much to report except that the fireworks at the Hill were great and that Sam Roberts is a twit.

Happy Belated Canada Day!