The Liberal Senate Forum

Connect

facebook Ideas Forum youtube flickr

Meet Senator

Joan Fraser

The Hon. Joan  Fraser, B.A. Senator Joan Fraser is well-known to Canadians as a journalist and commentator. Appointed to the Senate on September 17, 1998, by the Rt. Honourable Jean Chrétien, Senator Joan Fraser represents the province of Quebec and the Senatorial Division of De Lorimier.

Statements & Hansard

Employment Insurance

More on...

Share

Feedback

Read the comments left on this page or add yours.
Statement made on 26 May 2009 by Senator Céline Hervieux-Payette

Hon. Céline Hervieux-Payette:

Honourable senators, we need to remember that in June 2008, the Bank of Canada Act was amended. The Bank of Canada was then allowed to buy back securities from our Canadian banks. Not so long ago, through the Canada Mortgage and Housing Corporation, the bank was allowed to buy back up to $75 billion to help Canadian banks by providing them with liquidity.

Perhaps the Leader of the Government in the Senate does not recall that when the Senate studied that bill, the Minister of Finance refused to appear before the Standing Senate Committee on Banking, Trade and Commerce to explain why the Bank of Canada Act was being amended. The minister could see the crisis coming. Last fall, he tried to have us believe that he did not know the crisis would be so severe, yet he knew that $75 billion would be made available to our banks.

The minister should think a bit about her government's transparency and the fact that a finance minister who does not tell the truth does not inspire much confidence.

Currently, all the statistics indicate that our unemployment rate will reach 10 per cent. The Leader of the Government in the Senate tells us that we have all the tools we need to deal with the problem. We need this money to make the rest of the economy work. Unemployed workers cannot spend because they cannot qualify. Will the last five weeks of benefits enable people to make ends meet? Or should we not amend the act to give people access as soon as possible, as most OECD countries have done?

Please click here to read the full text of the Senator's question

Recent Statements from Liberal Senators

First Nations Control of First Nations Education Bill

10 Apr, 2014 | By Senator Lillian Eva Dyck | Honourable senators, I would like to say a few words about this motion. I am definitely in support of it. The idea of a First Nations education act is critically important to the welfare of First Nations across Canada, and especially to our young people.

Income Inequality

10 Apr, 2014 | By Senator Céline Hervieux-Payette | What does the government intend to do to learn from the financial crisis, reduce wealth inequality, and follow the lead of other jurisdictions that have started to rein in compensation that has nothing to do with the productivity of the people who earn the average salary of a Canadian in half a day?

Broadcast of Senate Proceedings

10 Apr, 2014 | By Senator Grant Mitchelll | What is the leader's personal opinion about televising the Senate?

National Pharmacare

10 Apr, 2014 | By Senator Art Eggleton | That was supported unanimously in the Senate, so I take it, senator, that you would be willing to now advance this idea to the government.

National Pharmacare

10 Apr, 2014 | By Senator James Cowan | My question is: Will this government put National Pharmacare on the agenda?
« 1 2 3 4 5  ... » 
Recycle

You can retrieve this page at:
http://www.liberalsenate.ca/In-The-Senate/Statement/4976_Employment-Insurance.
Please recycle this document.