(51) Oakville. Ontario: I worked hard all my life and saved for retirement with my 1st job some 45 years ago. I never expected to relay on any social programs as I intended to be fully self sufficient.
Due to unexpected changes in Income Trusts, I have lost a considerable amount of my retirement funds as well as my income.
Please implement the Marshall Savings Plan solution.
(52) Stouffville, Ontario: As a concerned Canadian I call upon you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
(53) Langley, BC: I am happy to pay tax on my trust income once but please, not twice!
(54) Calgary, Alberta: As a concerned Canadian I call upon you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
(55) Bradford, Ontario: Finance minister Flaherty's income trust screw up cost me over $40,000.00 in losses. I demand to be reimbursed by your government. Since when is it OK to pass laws that cost investors' billions in losses?
(56) Brampton, Ontario: Resolve Jim Flaherty s income trust policy fiasco
(57) Kelowna, BC: As a concerned Canadian I call upon you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
(58) Ottawa, Ontario: As a retiree this is critical to my financial well being.
(59) Calgary, Alberta: Please implement the Marshall Savings Plan solution. It's the right thing to do.
(60) Elora, Ontario: Please implement the Marshall Savings Plan solution.
(61) Milford Bay, Ontario: As a concerned Canadian I call upon you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
(62) Calgary, Alberta: I call upon you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
(63) Calgary, Alberta: It is getting increasing difficult to have faith in a government who is constantly making bad decisions.
(64) Scarborough, Ontario: I have reviewed the "Marshall Plan" and think it to be an excellent way to avoid the double taxation of income trusts held in RRSPs while providing immediate tax gains for the government.
This looks like a win-win plan for those of us that have been hurt so badly by the introduction of a withholding tax on income trusts since these investments are held in our RRSPs and RRIFs.
It means that income trusts can remain as a viable option for seniors to invest their savings to obtain decent investment returns, and for businesses to be able to raise money at a reasonable cost.
Please give the "Marshall Plan" due consideration for inclusion in the 2010 budget.
(65) Strathmore, Alberta: No more espousing of conservative party talking points.
Time for real thinking, consultation and doing the right thing by our unresponsive MP's
(66) Calgary, Alberta: I endorse the Marshall Savings Plan as a measure to save Canadians retirement savings. My accounts have not recovered from the Oct 31, 2006 decision and probably never will.
(67) Thornhill, Ontario: As a concerned Canadian I call upon you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
(68) Ottawa, Ontario: Mr Flaherty, Mr. Baird & Mr. Harper: PLEASE do the right thing, admit you made a mistake, and implement the "Marshall Plan."
Xxx xxx Constituent of Mr. Baird
(69) Calgary, Alberta: PLEASE IMPLEMENT THE MARSHALL SAVINGS PLAN SOLUTION. Thank you.
(70) Le Perrot, QC: Resolve Jim Flaherty s income trust policy fiasco Preserve income trusts as an essential "profit sharing" investment choice for ALL Canadians
(71) Peterborough, Ontario: I must commend the authors and promoters of the Marshall Plan. It is an excellent vehicle for truly levelling the the taxation field with respect to RRSP's and seniors retirement plans versus other public plans. Since it has been suggested at a time when there appears to be widespread concern amongst our elected officials re pensions, I sincerely hope the Marshall Plan can be adopted prior to next year's Income Trust Tax comes in to affect. Such an adoption will go a long way in ensuring seniors will be able to maintain there standard of living as well as restoring faith in our political system.
(72) Maple Ridge, BC: Mr Harper: I'm not usually one to hold a grudge but I'm still angry and devastated from our losses from the income trust fiasco you and Mr Flaherty created.
Here's your opportunity to try and give some relief to the situation. Do the right thing and adopt the Marshall savings plan.
(73) Calgary, Alberta: My wife and I are retired with no private pension income. We rely on our RRSP's for income and had invested heavily in income trusts while relying on Mr. Harper's assurance that their tax treatment would not be changed. The Halloween surprise resulted in very significant losses in our savings accounts and we have no idea what the changes scheduled for next year will do to our ability to continue to finance our retirement. Please give the proposed plan your careful consideration.
(74) Thamesville, Ontario: Please implement the Marshall Plan
(75) St. John's, NL: Don't ever, ever, ever trust any promise made by this Conservative government, and I mean EVER.
(76) Oshawa, Ontario: Dear Mr.Flaherty
"Please implement the Marshall Savings Plan solution"
As a concerned Canadian I urge you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
We have worked hard and saved for our retirement, why should we be penalized for our common sense approach to saving for our senior years? We are not asking the Government for handouts, just the right to keep what we have saved in a fair and equitable way. Yours truly,
(77) Keremeos, British Columbia: As retired 77 and 78 year old Canadians who had Mom & Pop business (in Canada) with NO pension income .... our portfolio of income trust units gave us a respetable and dignified retirement income, with a huge tax payable each year ..... Now, our income has been reduced by 35% and the portfolio values are still a long way from thier previous values .... several Trusts, Prime West, Versacold, Harvest Energy, KCP Income Fund and others have been taken over by foreign companies ........ reverse the lies and give us back our dignity ..... Thank you,
(78) Winnipeg, MB: This may be a way for those of us so badly hurt by the 06 mess to recoup some of what we lost. To our government, "please do the right thing and give this a try. So many of our retirements have been damaged, and in some cases destroyed, that we need something ingenious like this to get us back on track."
(79) Vancouver, B.C.: The betrayal in 2006 converted this long time conservative into a reluctant liberal. Enough said.
(80) Edmonton, Alberta: The Marshall Savings Plan will: Resolve Jim Flaherty s income trust policy fiasco Preserve income trusts as an essential "profit sharing" investment choice for ALL Canadians
(81) Vernon, BC: This makes too much sense to ignore. If the Government of Canada truly wants to hear from and listen to Canadians then here is the chance. The Income trust debacle has cost us and many Canadians far too much.
(82) Langley: BC: READ THIS YOU LYING BASTARDS: Income trust fix: the Marshall Plan - Diane Francis, The National Post http://tinyurl.com/dianefrancis
(83) Mississauga, Ontario: Please implement the Marshall Savings Plan Solution.
As a concerned Canadian I call upon you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
I am a retired senior who lost money when Jim Flaherty made his October "Halloween" announcements regarding income trusts. I don't have the opportunity to create new income at my age and I was counting on a continued stream of income from the income trusts that I own. I also don't have a private pension other than CPP and OAS . I am counting on income trusts to give me peace of mind and a comfortable (not excessive) lifestyle.
Please restore a level playing field between the 75% of Canadians without pensions (RRSPs) and the 25% of Canadians with pensions . Thank you very much.
(84) Sechelt, British Columbia: As a concerned Canadian citizen who was looking to income trusts for retirement income and who invested quite heavily in them based on the false election promises of our current government and subsequently lost the ability to take retirement as planned, I ask you to ensure that the "Marshall Plan” for trusts" is implemented in 2010. For those of us who must find our own way to financial stability as we move into retirement it is critical that we have an income vehicle that we can rely on and that encourages Canadians to save and invest in the businesses of our great nation. Also important is the preservation of those businesses as Canadian entities that we can be proud to support. Thank you
(85) Kirkland, Quebec: Please consider this seriously in your next budget.
(86) Victoria, BC: Please amend the RRSP treatment of income trusts. It is a disaster for me and many others. IN addition to our regular savings, savings made over 45 years so as not to be a burden on Canada, the inocme trust changes have reduced out ability to survive as pensioners -- without pensions!. Yours sincerely,
(87) Dollard-des-Ormeaux, QC: As a concerned Canadian I call upon you to ensure the Marshall Savings Plan is implemented in the upcoming 2010 budget. Diane Francis (Editor, Financial Post) considers the Marshall Savings Plan a "brilliant" solution.
(88) Calgary, Alberta: The original idea behind Income Trusts, and its approval by taxation authorities, was to give the ordinary Canadian the same tax advantage as enjoyed by pension plans run for institutions. I am NOT such a pension plan member but think I should have the same right as those people who are! I believe that the Government should preserve income trusts as an essential "profit sharing" investment choice for ALL Canadians.
I appreciate that there were problems in too many companies converting to trusts. But, the 'fix' should have looked far beyond the measures invoked by the same people who promised that trusts were safe if they were elected to government. Something else should have been possible. As it is, I am left in a position where others among my neighbours will enjoy a tax advantage because their pension plan can invest in things I cannot.
Please help the 75% of Canadians without pensions and preserve the means to a decent retirement income and standard of living. Otherwise, the same long memories that recall the hated NEP will turn against the political party that has done harm to so many individual Canadians. I just don't think enough was done to look at alternatives and bad counsel was followed.
(89) Parksville, BC: How the original "promise" in the election campaign can be broken has soured my historic Conservative support. Particularly when it does not seem to be proven whether tax dollars were gained or lost by the change in Income Trust rules.
(90) Toronto, Ontario: The income trust rule changes were bad policy directed at a "non-existing" problem. The unintended consequences have been costly to investors (particularly seniors) and the government revenue stream. The ideal solution would be to recind the income trust rule changes. If that's not politically possible, implement the Marshall Plan.
(91) Toronto, Ontario: Despite the fact that the Prime Minister assured Canadian in December 2005 that the Conservatives would not touch the income stream of all Canadians and Seniors in particular by Taxing Income Trusts, we know what happened with Mr. Flaherty's Halloween Massacre of October 31, 2006. Canadians of all stripes lost a total of 31 Billion in Value of their assets. This was unprecedented. And, the government has failed to disclose their argument that Income Trusts caused tax leakage. This too is false. It is time to come clean and "RIGHT the wrong". Admit your folly and rectify the situation.
(92) Québec City, Québec: Honestly, I think this cause is just and that the government must act and fix this serious and unjust situation.
(93) Burlington, Ontario: RRSP in a trust should not be taxed in this manner...we will lose enough money as it is with the new Tax on Trust accounts.
(94) Rockwood, ON: Please do something to mitigate the effect of this unfair and punitive tax measure on those of us who tried to lessen our retirement burden on the government of Canada. You have profoundly affected our financial planning for our retirment in a negative way!!!
(95) Drayton Valley, Alberta: Please implement the Marshall Savings Plan solution to Canada’s deficit crisis and pension crisis
(96) Abbotsford, BC: Restore our investment. I'm a senior that depended on income from my investments. I did not WANT GOVERNMENT HELP
(97) Calgary, Alberta: JUST DO IT..
(98) Winnipeg, Manitoba: Implement the Marshall Savings Plan. Fix the mess you have created. Preserve income trusts as an essential "profit sharing" investment choice for ALL Canadians
(99) Castlegar, B.C.: I wish to see the government implement the Marshall Plan as a way of resolving the Income Trust problem.
(100) Calgary, Alberta: I have read great things about the Marshall Savings Plan Proposal.
As an investor and an employee of an oil and gas income trust, I have already suffered disproportionate investment losses, all thanks to the Conservatives failure to live up to a public promise. It's time to recognize that mistakes were made and find ways to alleviate the losses suffered by so many Canadians.
Currently, I remain disgusted by our government. I see no remorse by our Finance Minister nor our Prime Minister for the damage done. What we witness is continued arrogance that exceeds anything previously exhibited by our elected officials.
As someone who has lost in excess of $70,000 of borrowed investment money, I do not want to hear how no one suffered permanent damage from Flaherty's killing of investment trusts. This is a blatant lie - but what's one more after the original biggie.
Further, I am nearing the end of my employment cycle. There is every possibility that I will never be able to recoup all the losses prior to my retirement. That will leave me hanging off of the "government tit" until the end of my days. The one blessing - I was not already retired and losing capital - that happened to many.
The proposed plan provides an avenue to mitigate some of the worst excesses of the proposed income trust tax. I recommend you look seriously at the plan. It won't guarantee my vote during the next election, but it might keep me from again actively supporting the opposition party in my neighbourhood.
In closing, this Conservative government has single handedly cost me more than all prior governments during my lifetime. It's not a record you should be proud to hold.
I look forward to someone finally trying fix the largest single blunder ever made by a governing Canadian Parliament. Regards,
SUPPORTERS
