New Capitalist Party
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New Capitalist Party
{{short description, Political party in Canada The New Capitalist Party was a short-lived political party in Canada that nominated three candidates in Toronto-area ridings in the 1965 federal election. The party was founded by Frank O'Hearn, who had run for Mayor of Toronto unsuccessfully in 1947, and had founded a religious organization called the Order of God-like People in 1961. In the election, O'Hearn won 600 votes in York—Scarborough riding, 0.4% of the total. Doug Tilley won 235 votes in York—Humber riding, 0.6% of the total. Ferris Kendall-Leicester won 174 votes in Spadina riding, 0.8% of the total. The party may have subscribed to monetary reform of social credit parties. Kendall-Leicester had been a candidate for the Social Credit Party of Canada, which had largely collapsed in English-speaking Canada prior to this election. O'Hearn stated that the government's banking policy had robbed Canadians of $1,000 each, and that his party would get it back "by hook or ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, sports and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world. Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later designat ...
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Electoral District (Canada)
An electoral district in Canada is a geographical constituency upon which Canada's representative democracy is based. It is officially known in Canadian French as a ''circonscription'' but frequently called a ''comté'' (county). In English it is also colloquially and more commonly known as a Riding (division), riding or constituency. Each federal electoral district returns one Member of Parliament (Canada), Member of Parliament (MP) to the House of Commons of Canada; each Provinces and territories of Canada, provincial or territorial electoral district returns one representative—called, depending on the province or territory, Member of the Legislative Assembly (MLA), National Assembly of Quebec, Member of the National Assembly (MNA), Member of Provincial Parliament (Ontario), Member of Provincial Parliament (MPP) or Newfoundland and Labrador House of Assembly, Member of the House of Assembly (MHA)—to the provincial or territorial legislature. Since 2015, there have been 338 ...
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1965 Canadian Federal Election
The 1965 Canadian federal election was held on November 8, 1965 to elect members of the House of Commons of Canada of the 27th Parliament of Canada. The Liberal Party of Prime Minister Lester B. Pearson was re-elected with a larger number of seats in the House. Although the Liberals lost a small share of the popular vote, they were able to win more seats, falling just short of a majority. Overview The Liberals campaigned on their record of having kept the promises made in the 1963 campaign, which included job creation, lowering income taxes, higher wages, higher family allowances and student loans. They promised to implement a national Medicare program by 1967, and the Canada Pension Plan system of public pensions. The party also urged voters to give them a majority for "five more years of prosperity". The party campaigned under the slogans, "Good Things Happen When a Government Cares About People", and, "For Continued Prosperity". The Progressive Conservative Party of John D ...
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Mayor Of Toronto
The mayor of Toronto is the head of Toronto City Council and chief executive officer of the municipal government. The mayor is elected alongside city council every four years on the fourth Monday of October; there are no term limits. While in office, mayors are styled '' His/Her Worship''. John Tory has served as the 65th and current mayor of Toronto since taking office on December 1, 2014, following the 2014 mayoral election. Tory was re-elected to a third term in 2022. Role and authority Much of the role and powers of the mayor of Toronto are set out in the ''City of Toronto Act'', a provincial statute which was first introduced in 1997 and overhauled in 2006, and outlines the mayor's role as head of council and chief executive officer of the City of Toronto. In September 2022, the province passed legislation known as the '' Strong Mayors, Building More Homes Act, 2022'', followed by the ''Better Municipal Governance Act, 2022'', both of which expanded the executive powe ...
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York—Scarborough
York—Scarborough was a federal electoral district represented in the House of Commons of Canada from 1953 to 1988. It was located in the province of Ontario. In the twelve general elections held during York—Scarborough's existence, the party that won here also won the election. Initially, it included the southern part of York County, Ontario, being now the northern part of Scarborough and parts of North York and Markham. The riding was created in 1952 from parts of York East and York North ridings. In 1966, it was redefined to lie entirely within the Municipality of Metropolitan Toronto and consisted of the eastern part of the Borough of North York and the north-western part of the Borough of Scarborough. In 1976 (with effect from the 1979 general election), the riding was shifted to the east, taking in only the easternmost part of North York, and all of northern Scarborough. The electoral district was abolished in 1987 (with effect from the 1988 general election) when i ...
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York—Humber
York—Humber was a federal electoral district represented in the House of Commons of Canada from 1953 to 1968. It was located in the province of Ontario. This riding was created in 1952 from parts of York South riding. York—Humber consisted of the towns of Mimico and Weston (excluding the Ellis Court Apartments), the village of Swansea, and parts of the townships of Etobicoke and York in what was later known as Metropolitan Toronto. The electoral district was abolished in 1966 when it was re-distributed between Etobicoke, High Park, Lakeshore, York South and York West ridings. Members of Parliament This riding elected the following members of the House of Commons of Canada: Election results , - , Progressive Conservative , Margaret Aitken , align="right", 11,157 , Liberal , Kenneth L. Thompson , align="right", 11,090 , Co-operative Commonwealth , Jennie B. Prosser , align="right", 4,924 , - , Progressive Conservative , Margaret Ai ...
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Spadina (electoral District)
Spadina was a Canadian electoral district that was represented in the House of Commons of Canada from 1935 to 1988. It covered a portion of the western-central Toronto, Ontario. Its name comes from the Spadina Avenue, which runs through the heart of the riding. It was formed in 1933 from portions of Toronto Northeast, Toronto Northwest, Toronto West Centre, and Toronto South. Its boundaries changed repeatedly over the years, when it created it stretched far north to the edge of the city boundaries. As this northern portion of became more populated it was split off into other ridings. Its eastern and western boundaries were more consistent, with it stretching from John Street in the east to Bathurst Street in the west. In 1987, due to the relative decrease in the population of downtown Toronto compared to other areas, it was merged with Trinity to form Trinity—Spadina. Some portions also went to the eastern riding of Rosedale. Members of Parliament This riding has ...
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Monetary Reform
Monetary reform is any movement or theory that proposes a system of supplying money and financing the economy that is different from the current system. Monetary reformers may advocate any of the following, among other proposals: * A return to the gold standard (or silver standard or bimetallism). * Abolition of central bank support of the banking system during periods of crisis and/or the enforcement of full reserve banking for the privately owned banking system to remove the possibility of bank runs, possibly combined with sovereign money issued and controlled by the government or a central bank under the direction of the government. There is an associated debate within Austrian School whether free banking or full reserve banking should be advocated but regardless Austrian School economists such as Murray Rothbard support ending central bank bail outs (" ending the Fed"). * The issuance of interest-free credit by a government-controlled and fully owned central bank. Such i ...
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Social Credit
Social credit is a distributive philosophy of political economy developed by C. H. Douglas. Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them. To combat what he saw as a chronic deficiency of purchasing power in the economy, Douglas prescribed government intervention in the form of the issuance of debt free money directly to consumers or producers (if they sold their product below cost to consumers) in order to combat such discrepancy. In defence of his ideas, Douglas wrote that "Systems were made for men, and not men for systems, and the interest of man which is self-development, is above all systems, whether theological, political or economic." Douglas said that Social Crediters want to build a new civilization based upon " absolute economic security" for the individual, where "they shall sit every man under his vine and under his fig tree; and none shall make them afraid." In his words, "what ...
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Social Credit Party Of Canada
The Social Credit Party of Canada (french: Parti Crédit social du Canada), colloquially known as the Socreds, was a populist political party in Canada that promoted social credit theories of monetary reform. It was the federal wing of the Canadian social credit movement. Origins and founding: 1932–1963 The Canadian social credit movement was largely an out-growth of the Alberta Social Credit Party, and the Social Credit Party of Canada was strongest in Alberta during this period. In 1932, Baptist evangelist William Aberhart used his radio program to preach the values of social credit throughout the province. He added a heavy dose of fundamentalist Christianity to C. H. Douglas' monetary theories; as a result, the social credit movement in Canada has had a strong social conservative tint. The party was formed in 1935 as the Western Social Credit League. It attracted voters from the Progressive Party of Canada and the United Farmers movement. The party grew out of disaffecti ...
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Bank Of Canada
The Bank of Canada (BoC; french: Banque du Canada) is a Crown corporation and Canada's central bank. Chartered in 1934 under the ''Bank of Canada Act'', it is responsible for formulating Canada's monetary policy,OECD. OECD Economic Surveys: Canada 2000'. OECD Publishing; 30 August 2000. . p. 45–. and for the promotion of a safe and sound financial system within Canada.Financial Stability and Central Banks: A Global Perspective'. Routledge; November 2002. . p. 41–. The Bank of Canada is the sole issuing authority of Canadian banknotes,Gene Swimmer. How Ottawa Spends, 1996-97: Life Under the Knife'. MQUP; 15 May 1996. . p. 379–. provides banking services and money management for the government, and loans money to Canadian financial institutions. The contract to produce the banknotes has been held by the Canadian Bank Note Company since 1935. The Bank of Canada headquarters are located at the Bank of Canada Building, 234 Wellington Street in Ottawa, Ontario. The building als ...
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