Canada’s “Comprehensive Economic and Trade Agreement” (CETA) with the European Union became an “agreement in principle” last week in Brussels. This agreement, which Mr. Harper hopes to see ratified prior to the 2015 election, is intended to eliminate virtually all tariffs and many barriers on trade, investment, and labour mobility. CETA’s website boasts, “Canada will now be one of the only developed countries in the world to have guaranteed preferential access to more than 800 million consumers in the world’s two largest economies, the EU and the United States.”

What Canada will have to give up to Europe is still not fully disclosed. Apparently the dairy and pharmaceutical sectors will suffer some damage but that’s being brushed off as insignificant given the huge benefits to other sectors. I wonder if our pharmaceutical and dairy industries would choose to fall on their swords so other industries can prosper.

We’re told that this deal is monumental. Are you wondering, “How can Canada possibly be getting so much for so little?” I believe what COMER (Committee on Monetary and Economic Reform) uncovered may prove to be the real hidden cost of this deal. If what COMER reports is true, this deal would have Canada become permanent slaves of the international banking cartel and rob us of our right to ever have the Bank of Canada create its own money. This right is protected by our Constitution but Mr. Harper is willing to sign away our national sovereignty without even going through the proper process of constitutional reform.

To help you understand the significance, I quote COMER:

The Canadian government is about to sign a treaty with the European Union that is almost certainly:

• Unconstitutional
• Irresponsible
• Immoral

It would compromise the federal parliament’s exclusive jurisdiction over money and banking, and provide the private bankers with a de facto veto of any creative plans Canada might develop to end the recession, and bring back prosperity.

In effect, we would not be able to do anything comparable to what was done in 1939 when the Bank of Canada began providing the federal government with large sums of near zero-cost money that was spent into circulation to get us out of the Great Depression, and help finance World War II. Later, it helped fund the great post-war infrastructure including the St. Lawrence Seaway, the Trans Canada Highway and many other major projects as well as our social security system. It was a deal that worked like a charm and gave us the best years of the twentieth century until 1974.

Unfortunately, at that time, the Bank of Canada unilaterally turned its back on us, its owners, and started taking its orders from the Bank for International Settlements that decided central banks should no longer provide governments with low cost money. It has been downhill ever since. There is no hope for either Canada or the world unless we adopt a system something like the one we had from 1939 to 1974. To give away our constitutional right to do something equally innovative now or in the future would be treasonous and must be stopped…

What COMER writes about the option “to do something equally innovative now” speaks directly to our long-standing CHP policy, which we know will virtually restore and revitalize Canada’s economy.

Our own CHP policy ensures the protection of Canada as a sovereign nation with sole authority over her own finances. It’s our sovereignty and our finances that are at stake. Why is the Prime Minister asking us to rejoice when international bankers are setting the terms?

Join the Christian Heritage Party today. Take a stand for our country and protect the inheritance of our children.

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