Citizens of Canada’s ‘entitlement state’ pay too much tax, get little value in return, author Mark Milke says
Essentially, any wireless device including cellphones and tablets that was reported lost or stolen may no longer be activated or reconnected. All a consumer needs to do when his wireless device had been stolen or lost is to report its unique IMEI (International Mobile Equipment Identity) number to law enforcement agencies. This in turn will be reported into the database, prompting Canada’s mobile service providers to take heed of the unit with the stolen IMEI number. Any attempts to reconnect, use or have the smartphone reactivated will eventually become futile. Canada Launches Database of Stolen, Lost Smartphone s ) “Canadians are among the world’s fastest adopters and heaviest users of sophisticated smartphones,” Bernard Lord, Canadian Wireless Telecommunications Association (CWTA) president and CEO, said in a statement. “Not only will this national blacklist help to make their smartphones a less valuable target for criminals, but the industry has also taken steps to help Canadian consumers identify if a pre-owned device has previously been reported as lost or stolen.” Moreover, Canadians who are out to purchase a new smartphone or wireless device may check if the gadget they are planning to buy has been reported stolen or lost. The Web site ProtectYourData.ca includes a convenient tool wherein Canadians only have to simply enter the IMEI number of a wireless device to find out if it has been blacklisted in Canada. If the IMEI number has been blacklisted, that device will not be able to be used on any participating Canadian network. The consumer look-up feature, the first of its kind in the world that utilises the GSMA IMEI Database, will include blacklisted devices that have been reported as lost or stolen as of September 30, 2013 and beyond. “This new system offers wireless subscribers a tremendously enhanced level of protection, by essentially making stolen handsets useless to the thief,” Ed Antecol, VP Regulatory, WIND Mobile, said. “This is an important step forward in the fight against mobile phone theft and unauthorized use.” “Black-listing lost and stolen devices will essentially eliminate the black market for stolen devices in Canada and the U.S. by reducing the value of mobile devices for criminals,” Ron Styles, SaskTel president and CEO, said. To report problems or to leave feedback about this article, e-mail: To contact the editor, e-mail:
budget impasse would be resolved in time to prevent a partial government shutdown. But for the third quarter, the Toronto stock market’s benchmark index recorded its biggest quarterly gain in a year, outperforming the S&P 500 index, Wall Street’s benchmark. Monday’s losses were limited by a 14.2 percent jump in the shares of Brookfield Office Properties after parent company Brookfield Property Partners said it will buy the 49 percent of Brookfield Office it does not already own for $5 billion in a deal that would consolidate the companies’ $45 billion in real estate assets. Dampening investor sentiment was political uncertainty in Italy, where some senators from Silvio Berlusconi’s center-right party looked ready to form a breakaway group unless the former premier backed down on his hard line to bring down Italy’s government and head to elections. The U.S. Congress, still in partisan deadlock on Monday over Republican efforts to halt President Barack Obama’s healthcare reforms, was on the verge of shutting down most of the U.S. government starting on Tuesday morning. “There is some nervousness as we approach the shutdown deadline, but there are no signs of panic yet,” said Elvis Picardo, strategist at Global Securities in Vancouver, adding that the Canadian market is viewing the debt crisis as a U.S. issue. “Investors believe that there will be a resolution to this problem,” he added. “It may not occur today or tomorrow, but it’s certainly what they’re hoping for.” The Toronto Stock Exchange’s S&P/TSX composite index closed down 56.89 points, or 0.44 percent, at 12,787.19, after falling s low as 12,734.71, its lowest since Sept. 16. All of the 10 main sectors on the index were in the red. For the third quarter, the TSX advanced 5.4 percent, compared with a 4.7 percent gain by the S&P 500.
CANADA STOCKS-TSX hits 2-week low on U.S. fears; posts Q3 gain
His new book, which launched Monday in Calgary, features 80% new material. In the new edition, Mr. Milke argues that jurisdictions that hinder the resource sector are in fact hampering their efforts to pay for increasingly pricey pensions and programs. Related Another twist to fitness tax credit Theres a lack of understanding about what brings home the economic bacon in Canada, and it aint windmills and it aint hiring more government workers. Its men and women who are in the resource sector. Even Alberta is moving to address public-sector pension liabilities. In Newfoundland, Mr. Milke said, the government recently allocated $2-billion to the teachers pension fund. That was the equivalent of two-and-a-half years of personal income tax revenue in the province, he said. Ontario did the same thing. The Ontario government will be putting $2.1-billion into the Ontario public service pension plan that $2.1-billion could buy a subway extension in the city of Toronto. That $2.1-billion could buy a subway extension Mr. Milke said the Fathers of Confederation always envisioned Canada as a low-tax haven. They always thought it was a good idea for Canada to have much lower taxes than the U.S. because, even back then, competition for immigration and skilled workers was fierce, he said.