The renegade

Federal Tory leader Erin O’Toole has his challenges. He’s too right for the middle. Too middle for the right. He let the vax issue get away from him. It’s still wild, making headlines. Now he’s trying to ride herd on caucus and this week gave out a bunch of ‘shadow cabinet’ appointments.

Meanwhile over in the Lib caucus room there is perfect discipline. If the Cons are all cats, the Grits are golden retrievers. No dissention, no rebellion, nothing to disturb the leader because everyone has agreed to think like him. Besides, he dispenses the treats – titles, cars & drivers, big offices, extra pay and power. So we have a huge cabinet, and everybody’s tummy is rubbed.

I was reminded of the way politics works today when reading this MSM column in O’Toole’s travails:

Stephen Harper had a reputation as a strict disciplinarian when it came to caucus management but, in fact, his MPs most often policed themselves, with discipline enforced by a sense of mutual respect and common purpose.

One former Conservative MP said caucus regulation was a collective effort. “We kept it under control ourselves. You always had the odd renegade like Garth Turner but overall it worked,” he said.

Yep. Renegade. That’s me. Sixteen years after punting my sorry butt out of the Harper caucus for the high crimes of direct democracy, blogging and hanging out with enemy MPs, my name still bubbles up. Needless to say, it was not a happy time. The PM’s staff goons orchestrated a blitzkrieg caucus vote one morning while most MPs were still looking for coffee creamer and, poof, I was out.

Now, this was not a bad thing in the sweep of history. Had I shut up, followed the script and been a good little MP, then this globally-significant canine-infused investment blog would not exist. No financial business. No Belfountain store, wee bank by the sea, books, old building rebuilds or all those financial lectures in a zillion hotel ballrooms and church basements. I’d just be another old codger former politician living in Ottawa with a gilded political pension. And what fun would that be, not fielding daily abuse from the ant-vax numbnuts, equity cowboys, commies and macroeconomists in the steerage section?

The point here is that dissention in Ottawa is good. People elected to go there should not all think the same. Leaders should lead through persuasion, compromise and the force of their arguments and passion, rather than a party whip. O’Toole has some quirky, prickly caucus members. Good. Trudeau has none. Not good.

The essence of the question is simple: when elected, should politicians represent the people to Ottawa? Or do they represent the party to the electors?

Most Canadians would pick the former. Every single leader and party official picks the latter. Also virtually every MP elected eventually falls into line. If not, then years later they can read a newspaper column saying there was the odd renegade, but he got gelded. And s/he’d pay a price similar to that extracted from me. Mr. Harper and his political operatives made darn sure I would never set foot in the House of Commons again after the next election. Such a thought terrifies others. Seeing my head on a pike outside Centre Block wasn’t pretty.

(By the way, I was accused of breaking caucus confidentiality by blogging about the political process, the machinery of government and matters coming up for votes in Parliament. I conducted online polls of my constituents – and others – then made sure all the MPs knew the results of this popular opinion when they took their seats to vote. I also established a video blog and broadcast the views of other party leaders and MPs from every region, regardless of their politics, to ty to encourage rational debate. Oh man, Harper hated that.)

So we just had an election in which the guy who became prime minister collected 32.6% of the vote. In fact the Liberals came second in terms of total votes cast and will now govern as with a majority. It’s a bad system. T2 promised to reform it back in 2015, before fully understanding proportional representation or preferential balloting would strip him of power.

Given the blunt inadequacy of the first-past-the-post system, then, it seems even more important that individual MPs try to give voice to their cities, towns and regions – at least within the caucus room and hopefully in the hallway media scrums. This makes it vastly harder for leaders, but it might go miles to breaking down though the wall of cynicism and distrust now separating electors from the elected. As voter participation falls and Reddit becomes more powerful than Parliamentary committees, we should worry.

Okay, so I was a bad politician. A renegade. Harper, 1. Garth. 0.

But I’m still not sorry.

About the picture: “Not sure how the flag drama is playing out on the east coast but I thought you would appreciate a picture of one perched on top of a mountain in Alberta,” writes Jason.  “It eventually gets ripped to shreds by the wind or stolen but a week later another one pops up! Patriotism is not dead, there are numerous mountains where citizens put up the Canadian flag, albeit not as big as this one, shown here with Xyla.”


#1 Prince Polo on 11.12.21 at 4:00 pm

Our dear Photo-op Minister’s ego is too frail to handle any dissent, so we get a bobblehead cabinet. Look no further than Morneau and JWR for what happens when ethics inconveniences JT’s “emperor-with-no-clothing” policies.

#2 Prairie mountain! on 11.12.21 at 4:02 pm


#3 TurnerNation on 11.12.21 at 4:04 pm

#35 IHCTD9 on 11.11.21 at 3:30 pm
Good read on Smoking man. I had the pleasure (!) of watching many of his Periscope videos.
This one time he was arguing with lefties outside a Liberty Village pub. He seemed a little riled up.
The one year we really needed his wisdom – 2020 – and he had to leave us. What are the chances :(

– Food prices, watch CORN.US

–Almost over guys!! Soooo close. The whole goal of this is to get all humans into the Blockchain. Digital ID.
It’s why the ENTIRE world has a QR code. This was a done deal from Day 1. Decades in the making.
Snappy marketing too: (C)ertificate (O)f (V) (ID)

.Norway to reinstate Covid-19 certificate as virus cases surge (

.Oregon has no targets for lifting some of the country’s toughest mask mandates. e (

.Keep holiday gatherings small and fully vaccinated this year, B.C. health officials ask (

.Outbreak Management Team in the Netherlands recommends 2-week lockdown to stop surge in COVID cases(@BNODesk)

.Taiwan halts 2nd-dose BioNTech vaccinations for ages 12-17 amid concerns of myocarditis

#4 Wrk.dover on 11.12.21 at 4:10 pm

Most Canadians would pick the former. Every single leader and party official picks the latter. Also virtually every MP elected eventually falls into line. If not, then years later they can read a newspaper column saying there was the odd renegade, but he got gelded.

No kids proves that really did happen.

Yikes, ouch! omg

#5 Leichendiener on 11.12.21 at 4:10 pm

Good for you Garth. Right on.

#6 Dolce Vita on 11.12.21 at 4:11 pm

You’ve affected more hearts, minds (and bank accounts) than most that have ever served.

You have adoring masses.

They come here for some wisdom and panache – all on which you deliver.

Ave Politics Garth.

Hail Blog Garth.

[and Overlord]

#7 Paterfamilias on 11.12.21 at 4:13 pm

Well, you are, sometimes, a little odd !

#8 Beagleface on 11.12.21 at 4:14 pm

Nor should you be sorry. We need more renegade politicians like you were, Garth, not “yes” people like we have in govt now.

#9 BlogDog123 on 11.12.21 at 4:21 pm

GT, you can walk the streets with your head held high…

Other obsequious MPs or staffer sycophants like those involved in the Jody R.W. scandal can spew weasel-words to justify their actions… They scurry away when the bright lights of truth shine…

#10 Alberta Ed on 11.12.21 at 4:28 pm

I’d say Garth, 1; Harper, 0. We need more renegades and fewer lick-spittle sycophants like Trudeau’s cabinet.

#11 TurnerToo on 11.12.21 at 4:29 pm

I believe I read a Southam article back in those days that referred to you as a °maverick° MP.
Renegade or Maverick… either way more interesting than most MPs.
If you were finance minister now the country would be in much better shape. Justin and Chrystia are in over their heads and unable to see what a mess they’re making.

#12 Diamond Dog on 11.12.21 at 4:29 pm

Just make it snow and if you can keep throwing a few lucky coins our way that would be cool too!

#13 Stephladimir Harputin on 11.12.21 at 4:36 pm

Harper, 1. Garth. 0.

That’s the only thing you got right in this entire column, Turner.

Learn to obey next time.

#14 Steve french on 11.12.21 at 4:38 pm

Old smoking man had his moments of brilliance but one thing I could not square was his pro gun position.

#15 Drew on 11.12.21 at 4:38 pm

Garth sounds like you were the only one being what an MP should be.

The political system is very broken. There should be no leader MPs or parties. An MP should represent the constituency that elected them not a party.

I’ve never liked how a party leader can just say what all the MPs are suppose to believe/say/whatever then get them fired if they don’t that’s not a democracy.

#16 (kinda) happy prairie guy on 11.12.21 at 4:39 pm

Rather off topic here but I’ve found often the comments on this pathetic blog as Garth calls it are way off topic.

I just had to share my experience with the [email protected] today. Since I turned 71 this year I have to convert my RRSPs to RRIF’S. A few years ago I opened a small RRSP with our local bank. Since switching to a RRIF recently I had a phone appointment with this lady. We talked about the low level of return on GICs and mutual funds and before she could recommend something I told her I’d found on the bank’s website some ETFs into which RRIFs may be invested. She didn’t know what an ETF is! Apparently she can only sell GICs and mutual funds and doesn’t know anything about other ways to invest. Wish I’d never used the bank. But the amount there is a very small proportion of our overall retirement savings.

She also thought I had to take 5.28% out this year but I pointed out to her that funds only have to be taken out of a RRIF a year after it’s created.

Garth is certainly right about those [email protected]

#17 Dolce Vita on 11.12.21 at 4:41 pm

“We have deleted the word ‘herd immunity'”

RKI boss Lothar Wieler explains why herd immunity is inaccessible to the corona virus [Google translated]:

Merck’s Little Red Pill, Molnupiravir, not a magic bullet and 10M pills by end of year, still better than nothing:

Europa awash in Covid save 1 country that seems to stick out like a sore thumb:

Then again they make “Don’t test, don’t count BC” into the World Centre for Voluminous and Frequent Testing:

Cheap beer. Big chunk of their GDP is tourism. When too many sirens there, then they’ll report it.


No more hiding.

Going to Napoli and Roma to see all kinds of cool stuff next few days.

Of course, with an FFP3 mask (99% min filtration).

#18 Nonplused on 11.12.21 at 4:42 pm

Yes we need to develop almost a new version of English to discuss Canadian politics.

For example we can say “most people voted conservative” and mean 34%, because that was the most votes any one party received. “Most” in Canada does not mean “50%+1”, it means “more than any one else” but can be les than a majority.

Then we have to be careful to explain to our American friends that the “Prime Minister” is not elected by the population, only by his/her/they/ze/zem/dracon’s particular party should that party become the majority (or minority with a coalition as the case may be). The Prime Minister never appears on a ballot outside his/her/they/ze/zem/dracon’s own riding the way a US president does.

Then there is the whole representational democracy thing, which is by population like the US house but doesn’t have the +2 per state like the US senate. Well we have a senate but nobody really knows why. It’s sort of like a retirement home for emeritus politicians.

Conceptually Americans can sort of understand the estranged relationship between the west and the east because it is sort of like Texas and California. They don’t understand Quebec and aren’t sure why we let them define the country. Or why we let people speak French.

As for renegade politicians, well we really don’t have to explain them to our American friends anymore…. ;-)

#19 Kurt on 11.12.21 at 4:46 pm

“But I’m still not sorry.”

Neither am I. You did good.

In a functional democracy, people get the government they deserve, and the average Canadian doesn’t rate anywhere near high enough to deserve you.

I don’t know how to fix it, but I do know that fixing it will be a processes of incremental change, not revolution.

I think this blog helps. An extremely wide range of opinion is tolerated. People sometimes even listen to each other. It’s a start.

Thanks, Garth!

#20 cramar on 11.12.21 at 4:47 pm

And if you bent the knee and kissed the ring, besides all the stuff listed, the woke nummies would not have had a giant Canadian flag to steal.

You changed the course of history!

#21 jimmy zhao on 11.12.21 at 4:51 pm

My MP represents the party to the electors. He is also openly supported by the Firefighters Union. In fact, it is the firefighters who are out in full force putting up signs etc. MP is also supported by the billionaire sports team and blueberry farm owner.

I wonder what kind of goodies are being dispensed to the Union bosses.

What some people do for a government paycheque and taxpayer funded fully indexed pension for life.

#22 SW on 11.12.21 at 4:53 pm

Mr. Turner, you have made so much difference to so many people with your efforts to educate Canadians about their personal finances! (The fact that many people seem to be marching in lockstep to their detriment is too bad. Can’t be helped.)

You are a hero for standing up for your beliefs.

You tried to improve the political system, but it didn’t want to be improved. It suits some people quite fine.

#23 Shawn Allen on 11.12.21 at 4:54 pm

About buying a vacation house in the U.S.

#101 Tony on 11.12.21 at 9:24 am responded to me:

Re: #4 Shawn Allen on 11.11.21 at 1:34 pm

Canadians paying all cash will likely lose their shirts being in U.S. dollars instead of Canadian dollars in the coming years. In other words the house will be worth a lot less when converted back to Canadian dollars. Right idea but you have to be an American living in America.

To be clear then Tony is predicting a sharp rise in the Canadian dollar.

Well, a reasonably wealthy Canadian Snowbird buying a house in the U.S. is probably not thinking too much about the future exchange rate which is unknown.

They would buy to hold for a long time and not likely thinking about the market value.

Garth’s article yesterday suggested U.S. houses were relatively cheap. We also know the Canadian dollar is higher than it has been. So good time for Canadian Snowbirds to think about buying if they are interested and looking to spend the winters south. It’s not about an investment return. It’s more about a possible lower cost than renting for 5 months a year down south and about having a place of your own to invite your adult children and grand kids.

#24 cuke and tomato picker on 11.12.21 at 4:55 pm

Our Prime Minister has been elected now for the third time which is the way our democracy works. Yes he is a
little bit too far left for us CERB was a little too generous
giving all seniors money was too generous. A means test
should be in place for those who really NEED IT like mentally ill, physically disable and single mothers with children this is what government is for we help people who
are incapable of looking after themselves. We have great difficulty in condoning those who mock him, his wife, throw rocks at him etc . If any person can do better run in the next election in the mean time be thankful.

#25 earthboundmisfit on 11.12.21 at 5:01 pm

Wasn’t Jay Hill (Maverick Party Poohbah) the Whip? You must have stories. Book?

#26 TurnerNation on 11.12.21 at 5:03 pm

Stephen who?

War on Small Business continues. If this were really about health they’d have a requirement of checking your TMEPERATURE, as you enter (remember that?).
“We have been advised by the AGCO that due to us not requesting vaccine status of all diners we will likely have our liquor licence revoked. Permanently”

—Dolce: Italy, elderly woman apparently turned away from medical services they did not have the ‘green pass’.
The New System is so brutal isn’t it? This is why the A.I. will be running it.
People you see, might be soft and show compassion.
“”Signora senza il #GreenPass non può entrare”
“Ma io devo andare a controllare il diabete”

#27 Oakville Rocks! on 11.12.21 at 5:08 pm

Sadly, you were an atypical MP. Not a lawyer but a serial entrepreneur, journalist and broadcaster. You were destined to be a maverick in any government. I think Harper, Flaherty et al knew that you would be a handful when Harper’s minority gov’t was not even a week old and you were the only one who had the onions to object to David Emerson’s floor crossing.

It was the coolest thing for me to be able to open your blog and see what my MP was up to in Ottawa. Beats the pants off the quarterly flyer that the current MP sends out.

Anyway, Parliament’s loss! On the plus side, I am sure you got to spend more time with Bandit. Not sure any MP is allowed to bring their dog to the office.

Fantastic photo. I would love to know where in Alberta this is.

#28 Amok on 11.12.21 at 5:15 pm

I have a lot of respect for you today, Garth.

#29 Habitt on 11.12.21 at 5:26 pm

Harper turfed a competent MP.

Doesn’t look good on him. It’s what one would expect from the control freak.

#30 Ok, Doomer on 11.12.21 at 5:27 pm

I agree Garth, our first past the post system is terrible. Unfortunately proportional representation would be a total goat show.

The one thing first past the post delivers is relative stability of government. In a proportional rep system we’d have a never ending wish wash of alliance between fringe parties and zero stability.

Yeah, what we have sucks. But what places like Italy have sucks worse.

#31 MicroGX on 11.12.21 at 5:30 pm

Thank Dog for Renegades. Respect.

#32 Felix on 11.12.21 at 5:32 pm

Happy Feline Friday!

Thanks for confirming that cats are tough, smart, independent thinkers and dogs are suck-up political party hacks.

Did you know:

Cats can hear ultrasonic sounds that rodents make to communicate.

#33 HonestEnD on 11.12.21 at 5:35 pm

God bless you Garth. I don’t know what my life would have been like without this blog. Maybe a little richer if I caved and bought a few houses… But instead I became wiser and found B&D instead.

Hats off to you.

#34 CL on 11.12.21 at 5:39 pm

“Seeing my head on a pike outside Centre Block wasn’t pretty”

HAHAHA… sentence on this blog, ever!

#35 the Jaguar on 11.12.21 at 5:39 pm

The video loop that accompanies this little piece on GT takes a while to load but is worth the wait. You get a chance to see some of the artwork in Garth’s office. Such an bright and inviting space. And you can read the article while you wait for it to load. The only mystery for me is what’s in his jacket pocket on the right. Is that a flip phone? Mercy.

Hope I’m not in trouble for posting this link…(gulp)

#36 Dolce Vita on 11.12.21 at 5:53 pm

#26 TurnerNation

Are you dense?

Do you not research your sources or do you just throw dung out there for your little narrative, whatever it is?

Homework Assignment for You:

1. Click on his profile mugshot (Christian Di Marco) that posted that probable staged Tweet video *.

2. Read what political party he founded – use Google Translate then do something YOU NEVER DO which is research who they are OR here let me summarize:

A nanometer Left of the Fascists.

You a Fascist lover there TN? **

Seems like it to me with some of the stuff you like to quote.


* Signora is quite, no IS, the dumbest Italiana alive today. Literally Italia is bombarded daily about the Green Pass. DAILY, HOURLY. Let that sink in and ponder:

Do you think that was a staged FASCIST video?

** Don’t stick your nose into European Affairs unless you keep abreast daily for years and just or more important:

Engage Brain before Keyboard.

#37 Dave from St.Thomas on 11.12.21 at 5:55 pm


I remember quite well the slings and arrows you had to suffer while you were the chosen representative of the people…and the video blogs as well!

It was a refreshing change for “we, the great unwashed” to get just a glimpse into the “guts” of the operation…quite revealing sometimes!

For all you did (and are doing) for us little guys, you have our complete admiration…..

“Renegade Garth”….

I’d wear that moniker with national pride if I were you…. Perhaps have it sown large on the back of your swanky black leather Harley jacket, so that when riding with the gang, they give you a wide berth…(‘course….Dorthy riding along in the sidecar drinking her mint julep might spoil the intended effect somewhat!)

Or perhaps that “nom de plume” should be largely emblazoned on a flag (with your handsome bearded mug decorating one corner) to fly alongside the Canadian flag you so proudly display!

Keep Renegading!…

#38 Humbled & Broke on 11.12.21 at 6:02 pm

Harper slitheted to the dark side, post his governance term, settling in sneakally with the Repugnican Sith Lords, the right hand path of Soros Malgnigicus.
He made his bed with neocons and partied at the diabolical Bohemian Club in Sonoma California, the confab ripe in Republucan coven crafts that directs the affairs of the vidible kleptocracy.

You on the other hand, took the middling quasi-noble, central path of muddling dweeb Canadianistic success. A world of almost famous, but never a billionaire, you being a disturber of political shyte, such to the extent that you could not be bribed, bought, black-balled, or brow beaten. In summary you were one of those damn high moral irritating people that cannot be bent. That was your crime. Good news is you get to sleep at night with your eyes closed.

#39 WTF on 11.12.21 at 6:03 pm

Certainly understandable. These days, In order to be PM, substantive qualifications are not a major requirement.

Tubby had vast private sector experience in the mail room at Imperial Oil and then the NCC. But, an MA in Economics…….

Our Current PM iteration is even less encumbered with an academic background to suggest he is qualified to administer a G7 country.

The trained seal MP’s who are so easily bought off with our money ensure the status quo. A spine isn’t needed or wanted, meek acquiescence and supplication are the qualifications to get ahead in Ottawa.

Apparently you were consumed with substantive endeavors, Not Fart Catching. Kudo’s

#40 baloney Sandwitch on 11.12.21 at 6:07 pm

Garth y’ole gun slinger – may you die with your boots on. The best way to go.

#41 Piet on 11.12.21 at 6:13 pm

#14 Steve french on 11.12.21 at 4:38 pm
Old smoking man had his moments of brilliance but one thing I could not square was his pro gun position.
Hunter S. Thompson loved guns. On occasions when the drugs had really taken hold, HST found it entertaining to shoot at propane cylinders. Eventually he fired his pistol one last time. As an HST devotee, smoking man had no choice but to be a gun enthusiast.

#42 Jake on 11.12.21 at 6:15 pm

Without your ousting, without this blog, I’d probably be looking to BNN for financial advice. Yikes!

#43 Mark Bourrie on 11.12.21 at 6:18 pm

You did a great job as an MP, and a delight to work for at the Sun, back in the Ordovician.

#44 Trudeau is a on 11.12.21 at 6:18 pm

Complete. I.diot

#45 I'mshort_corpdebt on 11.12.21 at 6:18 pm

“Mr. Harper and his political operatives made darn sure I would never set foot in the House of Commons again”

But Why?

Was it because they saw you as too easily corruptible by Bay Street? Bad intentions to please only the 0.1% ??

I mean, don’t get me wrong but there has to be a valid reason that amongst all the bad apples in the political field, they absolutely wanted to throw you out!?

I do appreciate your posts and I hope as you age your wisdom will keep on educating the masses of how the financial industry is the only thing left for people to truly discover wealth.

#46 Ed on 11.12.21 at 6:25 pm

Harper would again be welcome after what Canadians have been subjected to lately.

#47 Dolce Vita on 11.12.21 at 6:29 pm

#23 Shawn Allen

Perky bunch.

Feisty to.

They seem more concerned about getting Provincial Healthcare in Florida rather than buying digs in Florida to me.

Still enough of them out there with income to spend:

Though debatable vis-à-vis Net Worth where that income ends up going:

#48 Dogman01 on 11.12.21 at 6:32 pm

Our population wants to be lied to and our leaders like how easy it is to do so. They deserve each other.

Until the madness recedes:

Live quietly among the masses.

Be Slippery and difficult.

When a significant portion of our population exists in a state of adolescent self-importance and our government is captured by righteous activists. Your duty as a citizen is to “starve that beast” why provide them with resources when they are going to waste it all. In times like this your duty to the community is to Pay as little tax as possible. Wait as the pendulum will shift back to more pragmatic stewardship after the financial wrecking ball of our current madness is recognized.

Giving this current government a dollar is throwing it away and that dollar will be desperately needed and useful when society wakes back up.

#49 fishman on 11.12.21 at 6:37 pm

I was a John Cummins soldier. We got exiled before Garth. We got the boots put to us just like Garth says. The Control Freak’s Preatorian Guard loved cramming us into the trains. Heading west instead of east in our case. By the way, just came back from NYC. Checked out city boroughs by bus tours (tour guide said we were his first Canadians in over a year). Manhattan by subways & walking 14 to 22k steps/day. No garbage, no dirt, no crime, no crowds, no homeless & no tourists. Just as safe & clean as Vancouver with less shitrats. Onerous getting back into Canada. Especially if your a Tecknoklutz like myself. Scary when you can’t come home.

#50 truefacts on 11.12.21 at 6:39 pm

Why don’t we copy the US political system?

Democrats have some nut-bars (AOC, crazy Bernie, Beth Warren…) but a RENEGADE nobody (Joe Manchin) keeps things in check – and they can’t boot him out.

Seems MUCH more democratic than our system…

#51 Oakville Rocks! on 11.12.21 at 6:41 pm

Before I forget… AB & Edmontonians it is your turn to represent. Come out in force to watch Canada kick some Costa Rican & Mexican keister, tonight & this coming Tuesday.

Lets Go Canada!

#52 Mehling on 11.12.21 at 6:44 pm

Hi Garth, did any of the confused, unemployed nitwits try to sabotage your beautiful flag yesterday?

Hope you had a wonderful day.

#53 Suburban Bob on 11.12.21 at 6:44 pm

Well who knew!? I just found some objective journalism about the Harper government!

#54 Sail Away on 11.12.21 at 6:58 pm

#14 Steve french on 11.12.21 at 4:38 pm

Old smoking man had his moments of brilliance but one thing I could not square was his pro gun position.


Guns are as much a part of life as boats where I grew up. My friends and I often walked through town at 13-14 yo with .22s and .410s on the way to rabbit and grouse hunting. Still is that way. Every outdoor excursion where there could be grizzlies had/has a 30-06 along.

Of course responsible adults should be allowed to carry guns. To me, it’s ludicrous to suggest otherwise. Oh, for the return of the gun rack with lever-action Model 94 Winchester in the truck. John Steinbeck put one in for his cross country travels because he found it made strangers more comfortable.

#55 kommykim on 11.12.21 at 7:03 pm

If you consider that the LIBs and NDP to be left of center, then right wingers (CONs, etc) haven’t had a majority of the popular vote for decades.

#56 Thank you Garth Turner on 11.12.21 at 7:05 pm

Thank you Sir,
From the bottom of my heart I am grateful for what you have freely shared on this blog.
I started reading at 24 years old and I am now 34.
I have followed your advice and have topped up TFSAs for my wife and self and a small home in Montréal now worth 700k. Also my family RESP is topped up with savings to spare.
None of what I have accomplished would have been possible without your guidance; all your FREE GUIDANCE.
I owe you infinite gratitude and thanks.
If ever you are in Montréal and need a place to stay please let me know-it’s the least I can do for the man who freely shared financial advice and set this boy on a course to be a man.

Thank you.

#57 crowdedelevatorfartz on 11.12.21 at 7:07 pm

Lets see how popular the libs are when the CPP and EI premiums are jacked in 2022 and 2023

#58 crowdedelevatorfartz on 11.12.21 at 7:14 pm

Who was the Saskatchewan MP a decade or so back that made a retirement speech in Parliament?

He had decided not to run again after years in Parliament and stood up for a final speech and ripped the Parliamentary process to shreds and shamed the assembly into silence..
The Globe covered it in an opinion piece and it was excellent.
They had excerpts of his speech and he spared no one.

#59 Well travelled on 11.12.21 at 7:15 pm

So, while I understand and respect you defending your principles, I have to wonder if we all wouldn’t have benefited from you finding ways to “fit in” so that you could have had a larger impact as Finance Minister and added a “voice of reason” in the craziness that we now see as the House of Commons?

#60 Steven Rowlandson on 11.12.21 at 7:20 pm

“The point here is that dissention in Ottawa is good. People elected to go there should not all think the same.”

True but if they did not think the same they would not be allowed on the ballot as the powers that be above and beyond parliament and political parties don’t want anyone coming to power that will take the country back and put proper morals and fiscal policies first and put nation and founding peoples first. It would be a first rate disaster to have a nationalist, Christian, European Canada wouldn’t it Garth…The powers that be and their friends would have to report to the sin bin for an indefinite stay. Not exactly what they have in mind.

#61 Lorne on 11.12.21 at 7:23 pm

I agree Garth, our first past the post system is terrible. Unfortunately proportional representation would be a total goat show.

The one thing first past the post delivers is relative stability of government. In a proportional rep system we’d have a never ending wish wash of alliance between fringe parties and zero stability.

Yeah, what we have sucks. But what places like Italy have sucks worse.
How do you feel about Germany?…or almost any other place in Europe (except England, of course!)

#62 paul on 11.12.21 at 7:23 pm

#14 Steve french on 11.12.21 at 4:38 pm
Old smoking man had his moments of brilliance but one thing I could not square was his pro gun position.
Wow, don’t give up.
One the He could not square is people like you rounded at both ends!

#63 Another Deckchair on 11.12.21 at 7:31 pm

Garth – walking on the wild side is where all the fun is.

The goal of life is to enjoy each and every day; you are most certainly living that life. Sure, the odd day sucks, but that makes the successes all the more sweeter.

Congrats for choosing to live life to the fullest.

#64 crowdedelevatorfartz on 11.12.21 at 7:35 pm

@#41 Piet Gun

Hunter S Thompson’s best days and work was far far behind him in the end.
Fried his brain on chemicals of all descriptions for decades and became a mere shadow of his former self.

Then did a “Hemingway”.

#65 faron on 11.12.21 at 7:40 pm

#35 the Jaguar on 11.12.21 at 5:39 pm

Cool video. Thanks The Jaguar.

The thing in his pocket is probably the videographer’s mic transmitter. Flip phones are not to be disparaged though. What does anyone really need a smart phone for?

Three things about that video:

1) Who is that young guy! Both in look, sound and body language. I’m serious. Not an MSU.

2) I like the taste in art. Maybe not enough haole whale art. But, whaddya gonna do?

3) I’m curious why someone who is that accomplished wastes any of his time on the rabble in steerage. Blod, yes. But filtering out anti-vaxxers and reading petty bloviating, mine included, I just don’t get it. Garth, I would love to hear what you gain from that time invested.

#66 Faron on 11.12.21 at 7:41 pm

#54 Sail Away on 11.12.21 at 6:58 pm

What is your idea of responsible carry?

#67 Todd on 11.12.21 at 7:45 pm

(Kinda)happy prarie guy, I understand that at the local bank or credit union may not have many options and are not that informed besides with their own GIC’s, term deposits, mutual funds, credit union shares they sell, offer.

You have to admit though, getting 7%, 8%, 9%, 10%+ on term deposits, GIC’s, Canada savings bonds back in the day, 80’s, 90’s was an easy option and very simple, good for the smaller to medium depositors. Inflation was high then and it is high now so that argument can be use an excuse anymore.

I bet if most people had a choice to get a7% to 8% GIC, term deposit, savings bond today they would not bother with a mutual fund, ETF etc.

#68 Faron on 11.12.21 at 7:50 pm

For those who took part in the 1000mm of rain thread of a couple of weeks ago:

Looks like another event is on the way. I’m aiming to make the trip to try to verify the effing-wet station I posted data from.

Forecast is for more than 25mm of rain per hour after midnight Sunday with a peak rate of 30 to 40 mm per hour. North Shore mountains could see rates as high as 50mm per hour for brief periods.

This is all in weather model world. But, it looks like the combination of a very wet air mass and a burst of strong winds could crank this one up to 11 in the wee hours of Sunday morning.

#69 Tanya on 11.12.21 at 7:59 pm

Todd, I know what you mean, I went to my GIC deposit dealer, broker and the highest rate for my GIC maturing is 2.85% for 5 years. Rates are rising now for months but still even below 2019, the last high, peak in GIC rates, 3.5% to 3.75% at that time.

It is only 10% of all my maturing GIC rates as I formed a GIC ladder over many years and the way things are going, by next year, GIC rates will be 3.25% to 3.5% by my next maturity in Decmber-2022. Who knows, by 2023 to 2024 back to 2006 to 2007 levels of 4% to 4.25% 5 year GIC rates.

You are losing money to inflation every single month. – Garth

#70 Ronaldo on 11.12.21 at 8:14 pm

Just in the process of reading Jody Wilson’s book. “Indian in the Cabinet”. I believe Jody could certainly relate to what you have just outlined here Garth. Another renegade it seems. Speaking truth to power.

#71 All Rod on 11.12.21 at 8:17 pm

#48 Dogman01 on 11.12.21 at 6:32 pm

Giving this current government a dollar is throwing it away and that dollar will be desperately needed and useful when society wakes back up.



By the time society wakes back up that dollar will be worth $0.02, and since we have no pennies, that gets rounded down to $0.

#72 Shawn Allen on 11.12.21 at 8:20 pm

Canada’s tax rates on the 1%

From Statistics Canada today referring to 2019

“The effective tax rates for Canada’s top 1 percent tax filers was unchanged from 2018 at 31.7%.”

#73 Soviet Capitalist on 11.12.21 at 8:33 pm

Garth, my perception is that you are very competent person and a true patriot. We need more people like you. More or less, I think about the same of Mr Harper.
I wonder whether it was an issue of circumstances. Imagine one of your employees gets out of line and starts running his/her thing within the company? How would you react when you see that as having a negative effect on the company even though it makes perfect sense for the greater good of future generations?
What I feel is the biggest tragedy in our society is that true patriots are fighting over details and loosing to a bunch of goons who are ganging up and are plundering together this country.

#74 Ponzius Pilatus on 11.12.21 at 9:16 pm

#66 Faron on 11.12.21 at 7:41 pm
#54 Sail Away on 11.12.21 at 6:58 pm

What is your idea of responsible carry?
Anyone who can spell “self defense” with not more than 2 spelling errors.

#75 Another Deckchair on 11.12.21 at 9:26 pm

@73 Solviet Capitalist;

New companies sprout when current companies atrophy.

It’s the way it is.

Private companies start with a good idea, but once that idea is in place, new ideas are treated with scepticism. (“why change, we have a winning formula!” until the competition comes up with a better solution)

It’s the same with government; (can’t speak for Mr. Turner) but in terms of technical stuff; I’ve left the government twice, once as an employee, another time as a contractor; both times because the government leaders did not see the lay of the land, OR it did not fit within “priorities”.

It’s been incredibly lucrative for me following my nose, I can’t speak for our host, but I’d assume he’s happier and financially ahead following his morals, rather than selling his soul for a mind-numbing “DB Pension”

Quoting Hellen Keller – “life is either a daring adventure, or nothing at all”

#76 BRM on 11.12.21 at 9:40 pm


#77 Overheardyou on 11.12.21 at 9:49 pm

It takes real courage to stand up for your beliefs and goals, especially when it’s net effect is good for society.

#78 conan on 11.12.21 at 10:02 pm

More like Garth 5 and Harper 0.

#79 Trudi Woods on 11.12.21 at 10:10 pm

Michael Chong met with the same fate in a way…he has been MP for Halton-Wellinton and had he been elected even as a died in the wool Liberal I might have voted for him given his sense of responsibility and respectful knowledge of democratic principles…drove by the Belfountion Store today…its looking good though the pink on the structure seems out of place

#80 AM in MN on 11.12.21 at 10:15 pm

The problem is not first past the post, it has a lot of advantages in having real life human beings accountable to a set boundary of territory.

The problem is the voters, and they are getting the government(s) they voted for.

Idiots who place no value of freedom will eventually find out the hard way what life is like without it.

Can’t see how O’Toole is “too right” for anyone. Just another useless Ontario Red Tory.

#81 Mandy on 11.12.21 at 11:17 pm

Tanya, it is not really 100% accurate. The whole inflation and taxes on GIC, term deposit, bond investments are really made out to be dire and are not completely accurate. A case in point, my uncle and aunt for decades were told that they would not be able to retire and would run out of money by time they were in the late 50’s, early 60’s. They were even told that they would only have 10 years at most worth of retirement income and would have no money by 70 even if they took their early CPP and with OAS at 67.They started late, they paid off their house at ages 39 and 40. They had no RRSPs, no financial cushion, nothing. They were just debt free at 39 and 40. They plowed all their money in paying off their $350,000 in car loans, lines of credit, mortgage, all debts from 1997 to 2009. This was also at a time with as high as 6% to 9% interest rates on their debts. The average interest rate on their debts until paid off in 13 years was 5.77%. It was not easy at all. They started accumulating in their RRSPs, TFSAs, GICs, OSBs, savings accounts once they were debt free.

All the money they were paying towards their debt plus RRSP refunds got plowed into maximum RRSPs, TFSAs every year and the RRSP refunds in regular, cash GICs, OSBs, emergency savings account. They are now 52 and 53, raised 2 grown kids out on their own in their mid 20’s, house fully paid worth at least $675,000, no debts at all, not reliant on their $35,000 line of credit like they were in the 90’s. early 2000’s at 7%+ interest rate. They have $765,000 in total financial deposits in RRSPs, $230,000 which is 30% of total, TFSAs, $176,000 which is 23%, cash GICs, $160,000 which is 21%, $153,000 cash OSBs which is 20%, $46,000 cash savings account which is 6% and is 24 months regular living expenses. They also have some 20 year life fixed premiums reasonable $234 a month each permanent insurance policies worth $110,000 tax free for one $90,000 for the other each to be paid out in their 71st birth date for future RRSP, RRIF tax payments and CPP loss due to death of spouse

They have a financial and real estate net worth of $1.44 million and have $200,000 in tax free life insurance payout in 2040. Once they get their early CPP and OAS eventually, they can have easily an income of $85,000 in 2029 and $105,000 by 2034. They will completely debt free and this is just their CPP, OAS, interest income and no depletion of capital, principal+ a net worth of at least $3 million and them retiring at ages 60. They can always tap in their total $200,000 tax free life insurance policies to supplement for taxes, expenses, cost of living at ages 71.

#82 Cici on 11.12.21 at 11:22 pm

Being a critical-thinking renegade is much better than being a dumb, robotic clone.

When everyone else hates you, it usually means you’ve done something right. Stand proud, Garth and continue to defend democracy, ethics, truth, honesty, hard work and values.

#83 Daryl on 11.12.21 at 11:44 pm

Todd, the only thing I can do at this point is save more as I have done to counteract the effects of these much lower interest rates compared to the early 2000’s of 4.5% to 5.5% versus 2.2% to 3.5% for 11 years now. The RRSP, TFSA is my best choices which meets 70% of my savings per year, $12,137 RRSP contribution in 2021 and $6,000 TFSA in 2021. The other $4,500 is from my RRSP income tax refunds and the other $3,300 from just regular savings every month. I have cut my mortgage in half in 11 years and have now much lower $150,000 left on my mortgage and 75% equity in the home worth $600,000 and $290,000 in RRSP’s, TFSA’s, GIC’s, regular savings.

#84 wallflower on 11.12.21 at 11:58 pm


I was looking at my mom’s income tax situation. Some OAS, some CPP, wee GIC interest (even on hundreds of thousands of dollars, it is pretty wee) and a WHACK of Cdn eligible div income: total taxes calculate to ~$4,500 which goes to almost ZERO when the account advisory fees go into the mix.
Maybe THAT is Freeland’s next big move: rendering those fees CAPPED at something like a hard fee cap of $5K or 50% of fees for tax return reporting purposes or $5K, whichever is lower. A move like that could generate a lot of tax in one easy swoop.

Hhhhhhhhhhhhhm. What am I missing here?

#85 Shaken, not stirred! on 11.13.21 at 12:56 am

#56 Thank you Garth Turner on 11.12.21 at 7:05 pm

Thank you Sir,
From the bottom of my heart I am grateful for what you have freely shared on this blog.
I started reading at 24 years old and I am now 34.


Not bad … not bad! 24 years old is actually pretty good compared to most of the steerage riffraff.

Just think …. another 10 years and you’ll be out of pullups.

#86 Jeff in Vic on 11.13.21 at 12:56 am

Posts like this is why I have read 95% of this pathetic blog since 2008!

#87 Anne in NV on 11.13.21 at 12:57 am

How is THE flag?
I have been hoping you did NOT have any trouble.

AND THANKS for all you have done in educating so many of us. KUDOs

#88 Dr V on 11.13.21 at 2:07 am

68 Faron – yeaahhh…… I think I’ll pass this time. Let us
know how it goes.

#89 earthboundmisfit on 11.13.21 at 6:03 am

About that “head on a pike thing” … I once suggested a similar fate for Gerry Butts’ noggin at Queen’s park, in response to a MSM article. I’m still banned.

#90 crowdedelevatorfartz on 11.13.21 at 7:08 am

@#80 AM in MN
“Can’t see how O’Toole is “too right” for anyone. Just another useless Ontario Red Tory.”


Too right?
He’s all wrong….Yesterdays news.
He’s should have announced he was stepping down immediately after the election as soon as they had chosen a replacement.
Seems even the squabbling Tories have run out of fresh ideas.
Time for the Tories to pull the plug on Mr Sneakers and punt him down the road.
Time to start over.

Let Trudeau walk us all straight to fiscal Hell and start over when the voting public realize ….that after payroll taxes, income taxes, sales taxes, property taxes, sin taxes, user fees, reduced services and endlessly expensive Liberal nanny state give aways……

There’s no money left to do anything.

#91 Do we have all the facts on 11.13.21 at 7:33 am

In principle the concept of electing a limited number of politicians to represent the interests of all Canadian citizens seems to have some merit. In reality however once a political party assumes control of Parliament the focus promptly shifts to staying in power.

Between 2015 and 2021 growth of Canadian GDP has averaged less than 1.0% per year. While some of the decline in GDP growth can be blamed on the Covid 19 crisis the Canadian economy has been steadily losing stream since the halcyon days of 2013.

I understand the current concerns over climate change, reconciliation of Indigenous issues, the lack of affordable housing and eliminating Covid 19. What I don’t understand is why the “Forward for Everyone” platform of the Liberal Party provides no clear strategy to expand the Canadian Economy.

Without a substantial improvement in total productivity the quality of life of a majority of Canadian citizens will decline. If I was a Liberal member in the back benches of Parliament I would take every opportunity to suggest that all initiatives in the “Forward for Everyone” platform become integrated within a primary objective of improving the Canadian economy.

After I was spanked by the Liberal Party for suggesting a change in focus I too might decide to become a voice of opposition. At some point the longer term interests of Canadian citizens must be protected by our elected representatives.

Canada cannot continue to generate huge deficits without serious consequences. The generation of additional revenue should not play second fiddle to policies focussed on the maintenance of power.

I was going to conclude by asking whether anyone else was concerned that the Canadian economy seems to be going to the dogs, but then I realized that this blog loves dogs.

#92 Bezengy on 11.13.21 at 8:23 am

#91 Do we have all the facts on 11.13.21 at 7:33 am


And just how does any government spend 500 billion and not manage to grow the economy? Where the heck did the money all go? It’s a whole lot of zeros.

#93 Chalkie on 11.13.21 at 10:31 am

A good portion of the MP’s are like little puppy dogs, all lined up in a herd waiting for their treat and being the masters best friend.
Come on back to the forks Garth, I will do the fresh baking for your store, even the locals will line up for some fresh Bread and Pies. Sell the place by the Sea, we miss your stories and smiles back here.

#94 Brammer on 11.13.21 at 10:44 am

I agree that MPs should be more responsive to those who elected them, and less beholden to the leader.

Failing that, political parties in the UK and Australia seem to hold their leaders to a much higher standard than we do, and will toss them without second thought. Why doesn’t this happen in Canada? It would at least provides a safety valve for a dictatorial PMO.

#95 Francis on 11.13.21 at 12:22 pm

I don’t know where your mom puts her hundreds of thousands in GICs Wallflower but my parents have two pots of their money. One is their GICs in RRSPs and their 3-5 year laddered part for year of cash reserves and is $371,000 earning $11,075 a year. Even now, rates. This does not look wee interest to me. It is just like another CPP payment for them every year.

The second pot is in REITs and mid term provincial bonds and that is bring in another $16,000 a year income with $414,000 in all non-registered accounts.

#96 Immigrant man on 11.15.21 at 9:53 am

This makes it vastly harder for leaders, but it might go miles to breaking down though the wall of cynicism and distrust now separating electors from the elected.
This is a big problem. And very few seem to raise this issue. Too bad! This detachment between voters and those they elect creates “us vs them” mentality. In fact the antivax sentiment correlates mostly not with the level of education, but with the trust in government.