While the governor of the Bank of Canada said Thursday the Tory government's decision on changing the tax system for income trusts was the right move to make, Global National has learned that the politician who made the announcement has now been issued a protective detail after receiving death threats.
Finance Minister Jim Flaherty, who made the income trust announcement on Oct. 31, 2006, has now been assigned a protective detail to provide personal security, but the government is providing little other information into Flaherty's new arrangements, and refuses to provide specifics as to when the MP began receiving the threats.
As a result of the new tax structure, individual investors are said to have lost over $20 billion, the largest ever financial loss attributed to a change in government policy.
No doubt some people had their retirement plans shattered because they put all their eggs in the income trust basket and are casting about for someone else to blame.
Their threats to kill Flaherty probably amount to little more than venting anger.
But that would be cold comfort if something did happen.
Source: Calgary Herald