Watch out doing Business in British Columbia

Americans should Watch out doing Business in British Columbia. The Lawyers will rip you off and you will have no recourse.

The Lawyers do not carry liability insurance. I was ripped of by a group of lawyers and the Supreme court is crooked. Dont do business with Canfor, Western Forest Products, Goldwood Industries, Forstar Trading, The Royal Bank of Canada, the Bank of Nova Scotia,Forwest Wood Speciallties Ltd. and Jackpine Lumber the biggest crooks you have ever met.

They will rob you blind and misrepresent themselves and not pay their sales commissions.

Dont do Business in British Columbia the most corrupt place on earth. Where you can buy the Vancouver Police Department according to Gary Steven Snarch who has the Police in his back pocket. 

Royal Bank and Bank Of Nova Scotia buy Judge

 Royal Bank and Bank Of Nova Scotia buy Judge

January 23, 2016

I have lived in North America for 40 years and always believed in Law and order. Nothing could be further from the Truth. Racketeering is the order of the day in Canada as Lawyers and Judges pre-determine out comes behind closed doors then enter a public court room with the pre-determined judgement that cheat foreign born Kikes (Sanctioned by the Vancouver Police Department) like me out of millions. What a scam. Banks Pay these Judges huge amounts of money in cash which they keep in safety deposit boxes in the bank.

No wonder the World Financial System is on the skids. Its Banks like the Royal Bank of Canada and the Bank of Nova Scotia that are rigging world financial markets to collapse with their dark pool trading, falsification of trades and rigging of world stock markets are causing retail investors to abandon the stock market and move into income producing opportunities as Canadian Pension Plans collapse causing millions of retired Canadians back into the work force as they have lost their nest eggs and are living on their home equity which is about to collapse when the overheated Housing market crashes in the not to distant future.

Financial fraud by the Big Canadian Banks seems to have proliferated in recent years as volatility has increased as markets go down. In fact, when the market drops and assets levels fall, and bank clients seek to redeem their investments,  those redemption notices put the Banks on the ropes because they have to come up with the money to return.Something they do not like to do.

That's how Madoff was caught. It wasn't from a whistle-blower, but it should have been.

Now with MF Global under the gun to pay back $1.2 billion in client funds squirreled away in the above mentioned banks in the UK and elsewhere, it's apparent that you not only have to be aware of racketeering, but incompetence as well. That's hard to digest especially in the MF Global situation since Jon Corzine was a former chairman of Goldman Sachs as well as the former governor of New Jersey. 

MF Global has roots that go back to the 1860s. Another firm, Britain's oldest merchant bank Barings Bank PLC, collapsed in 1995 due to fraudulent trading. The bank was chartered in 1762.

But having Corzine in jail or banned from the securities industry for Failure to Supervise is the door prize when you're a farmer whose missing all his allocated capital for hedging or an emerging fund manager who had a promising career as a Commodity Trading Advisor or Hedge Fund manager.

There has been plenty of testimony regarding MF Global, but no charges have been filed against anyone yet. That may change soon as the prosecutors consider immunity for several key witnesses, especially Edith O'Brien, the firm's former assistant treasurer.

Investors who are victims of crime or financial fraud (Especially in Canada) might have an easier time dong background research in trying to avoid Ponzi schemes before making investments rather than guessing which bank, Future Commission Merchant, or broker/dealer goes bankrupt.

Kathy Phelps, Esq., co-author of The Ponzi Book with the Hon. Steven Rhodes, is an expert in financial fraud and Ponzi schemes. "Obviously, the best thing to do would be to avoid a Ponzi scheme in the first place, so I advocate completing a great deal of due diligence prior to handing over any funds," she told me during a recent interview. "You'd be surprised how much is actually available to the public."

Phelps represents trustees in such cases and estates when there are funds to recoup from financial fraud.

Surprising or not, there are a great many resources an investor can use to comprise their due diligence before making an investment.

Phelps suggests the following checklist before making an investment:

For a broker or adviser's compliance history search FINRA for history
Search the SEC for Investment Advisory Firms that have been sued by the SEC such as the Royal Bank of Canada currently in a US court for stock fraud. Forced to sell its retail operations to PNG by the US Government.

Do a background check or a Google search by the individuals name as well as past employment.

A simple Google search on James Davis Risher of Sanibel Island, Fla., would have turned up a treasure chest of information. He plead guilty last year of making off with $22 million in investor funds before getting caught while he was boarding a plane to Bermuda. His accomplice in the scheme, Daniel Joseph Sebastian, was found dead April 4 days ago of an apparent suicide. Risher, 61, has since been sentenced to 19 years and 7 months.

Both men targeted retired teachers and boasted of 14 to 24 percent annual returns possible through their fraudulent investment vehicle. Had any of his victims done a basic background check of his name "James Risher," prior to making an investment, they would have seen that he'd been incarcerated for 11 of the last 19 years.

There is not always that easy to spot a Ponzi, but as you can see, there are plenty of resources to get some basic information before you invest so that you can ask better questions about the managers at the Royal Bank and the Scotia Bank who are seeking your investment dollars. The chances are they are "in" on the deal and you will loose money on their investment recommendations that they are setting you up for.

So be careful investing in These 2 Banks better invest with a Canadian Credit Union where your money will be safe.

Christy Clark hiding the truth

When it comes to the British Columbia Ferry Corporation you are taking your life into your own hands as the Ferries are no longer safe to ride. 

It wont be long before we see a major accident as their are some real issues that the Government is hiding from British Columbians 

Oh well I told you so. 

Boycott Investments in British Columbia

Attention British Columbians FYI.

The Royal Bank of Canada, John Kleghorn,Bank of Nova Scotia, Phillip Armour, Morris Larsen, Roynat, Gary Steven Snarch, Michael Thorp, Patrick Thorp, Forstar Trading Inc, Forwest Wood Specialties Inc, Marine Way Industries Inc. defrauded me out of my Business plans and life's work here in British Columbia.

They have annual sales of more than $600 million a year and make more than $120 million dollars in net profit every year for the last 26 years. Thanks to incompetent Lawyers from the Law Society of British Columbia who only have $21 million in liability insurance.

They bribed a Supreme Court Judge and they cheated me out of more than $540 million Dollars in unpaid royalties. They are sons of whores.

The worst part about this is the fact that the Bank of Nova Scotia financed an International murder of my Mother Mavis Marcel Susser Harris in August 1996. Although I have volumes of evidence that will never be heard in a Canadian Court or South African Court as this is a very clever bunch of organized white collar criminals that control British Columbia.

Including Canfor , Jim Pattison, Peter Bentley who made millions from my marketing efforts and have not paid me as per their staff's handshake deal way back in 1982 at Westcoast Cellulose Fibre and Bill French now dead.

It wont be long before the British Columbia will become the most violent place on earth as the economy spirals into oblivion and Provincial Government Services go into a state of collapse.
Thanks VPD for letting these people commit murder and steal my life's work. The Vancouver Police Department will do anything for money .

Corruption is the norm in B.C. Its not what you know its what you can steal from Kikes like Me.
I wish for you as you wish for me.

The Collapse of World Order.

Why MF-Global Should Concern All Mining Share Investors?

January 11, 2012 9:19 AM EST

Over the past few months the still-developing MF Global collapse has yet to be fully grasped and understood by either the mainstream media or stock investors. While most believe MFG impacted only a small segment of sophisticated futures traders and hedgers, the pool of afflicted parties is far deeper than most comprehend.

A number which receives very little press on this issue is the number 30,000. More than 30,000 client accounts were demolished by MFG’s trading losses. While that sounds like a lot (and it is), the number of individual investors impacted with losses is actually far greater than 30,000. The reason is many of those 30,000 individual accounts represented more than one single investor. Let me explain how that works.

Let’s say a retirement pension fund managing a total of $1B (on behalf of one million retirees) is looking for exposure to gold and silver. To obtain the exposure, the pension fund manager decides to allocate $100M (10% of the fund) to futures contracts. Now let’s go even further to say that the pension fund was one of the unlucky institutions to have opened an account with MFG before the collapse. After the futures contracts are purchased in the accounts at MFG on behalf of the pension fund, MFG goes bankrupt and takes down the entire $100M account with it.

Here is where it gets interesting—clearly the loss of $100M results in a full 100% loss of the account and a 10% total loss to the one million retirees—however, the news data circulated in the media discusses this institutional account is though it were merely “1” among “30,000” investors who suffered losses.

Therefore, it is very difficult to surmise just how many total individual investors were impacted by the collapse. There may have been thousands of accounts at MFG, each individually representing thousands of investors.

Now that we have an understanding of how the loss of one single account can affect a million people or more—let’s use our imaginations regarding stock brokerage houses. What very few people understand is that MFG wasn’t just a clearing house for futures—they were a securities clearing house as well. This means that as of this moment, investors who purchase stocks are at just as much at risk of a brokerage counter party default, as those investing in now shunned futures contracts.

What does this mean for mining share investors? This means our community of gold and silver mining share investors needs to quickly learn, adapt, and prepare for the possibility of another major bankruptcy occurring in a major western brokerage house. How do we prepare? There are a few ways.

First, learn as much as you can about your broker dealer. Find out who they bank with,If they bank with Scotiabank don't open an account . Next run a background check on who the management is, where they’re located and who owns the company. Additionally, try to determine the exact business model of the broker. Do they make money from commissions alone, or do they engage in proprietary trading?

Second, review your customer account agreement. Many stock investors today have no idea their shares may be lent out by their broker to short sellers, or even worse—some customer share accounts are discretely used for “re-hypothecation” by their broker. This means the broker posts the customer share accounts as collateral in which to borrow money to speculate with.

Third—learn about alternative forms of share ownership. Read a white paper called, “BulletProof Shares – How to Protect Your Stock Investments From Broker Bankruptcy & Theft,” which details all three share ownership methods available to investors today, two of which, your broker will not tell you about. The unfortunate fact in the investment industry today, is that most stock brokers will discourage you from removing your shares from the financial system—because they make much more money when your assets are held within their custody!

The last and final method of protecting yourself from the collapse of a broker dealer, or a string of financial system defaults—is to simply remove your assets from the system altogether. Some individuals are using a strategy of physical gold and silver bullion purchases only to achieve this result, but as always, be very careful using bullion dealers without established reputations and watch out for Scotiabank they will steal from you.

In thinking defensively about our stock investments, I’ve heard many people use the argument of, “Well if my broker goes bankrupt, the SIPC will protect me.” This is dangerous thinking. I recently spoke with a SIPC agent who informed me their agency only keeps around $1B in cash on hand at any given time. To put this into comparison—the losses of MFG exceeded $6B!! Had MFG specialized in securities, the SIPC’s entire fund would have been tapped out, leaving thousands (maybe millions) of stock investors with permanent, non-recoverable losses. Those investors would lose their entire life savings and never invest in stocks again.

As a second point to relying on the SIPC—this dilemma bears similarity to Hurricane Katrina or any other natural disaster. The experts always say, “The levee’s will hold” right up until the levee’s break. What the experts say AFTER the levee’s break is, “Nobody could have seen it coming.” Well I see it coming, and I’m telling you in advance! To further add to this point–In the event of a coming major hurricane in your area, would you choose NOT to buy emergency supplies with the expectation of local rescue teams delivering fresh food and water to you in the event your cabinets “run a little low”? Me neither!

Many others have used this analogy, but I feel we are now leaving the eye of the financial hurricane and are about the see the real power of the other side of the storm. I advise all investors to think about physical investments with bullion dealers you can trust, as well as conducting due diligence on your banks, brokerages, and learning about alternative forms of share ownership.Watch out for the Scotia Bank and RBC both banks are trying to unload bad paper.

What are your thoughts on this issue? Please let me know!

200,000 Jobs lost in British Columbia

BROOKFIELD INVESTMENTS CORPORATION ANNOUNCES PURCHASE OF SHARES OF
WESTERN FOREST PRODUCT INC.

15 December 2011

Brookfield Investments Corporation : ("Brookfield Investments") today
announced that it acquired 225,938,515 non-voting common shares and
7,500,000 voting common shares Western Forest Products Inc. CA:WEF
-1.43% ("Western") from a wholly owned subsidiary of Brookfield Asset
Management Inc. ("Brookfield") for total proceeds of $168 million.
After the transaction, Brookfield Investments will own a 49% economic
interest of Western. As consideration for the acquisition, Brookfield
Investments issued 5,200,000 Class 1 Junior Preferred Shares, Series B
and 3,807,573 common shares.

In addition, a wholly owned subsidiary of Brookfield will subscribe
for 12,000,000 Class 1 Junior Preferred Shares, Series B of Brookfield
Investments for an aggregate subscription price of $300,000,000.

Western is a Canadian forest products company, managing the majority
of timberlands and exporting logs in coastal British Columbia.It has
an annual available harvest of approximately 7.4 million cubic metres,
the vast majority of which are from Crown lands. Western has a raw log
export capacity 7.4 million cubic metres produced from different
coastal locations in the Province of British Columbia.

Principal activities conducted by Western include timber harvesting,
exporting logs into China to be made into lumber and wood chips, and
value-added remanufacturing and then re-exported to British Columbia's
traditional markets like Japan and Austrailia.

Brookfield Investments Corporation holds investments in the property
and forest products sectors, as well as a portfolio of preferred
shares issued by companies within the Brookfield Asset Management Inc.
group. The common shares of Brookfield Investments Corporation are
wholly owned by Brookfield Asset Management Inc. and its affiliates, a
global asset manager focused on property, power and infrastructure
assets and screwing Kike's like me out of their life's work .

A tale of two HSTs: B.C. HSt could be 15% by the time the Government roles it out


Gordon Campbell's B.C. Liberal government will implement a 12 % harmonized sales tax July 1 2010(could be 15%) , a move defended by Finance Minister Colin Hansen, right.

Atlantic Canada's experience with the harmonized sales tax -- which actually reduced taxes for most people -- might not be the ideal model for British Columbians who face the spectre of the HST hitting their wallets next July.

As it faces a public outcry over the 12% tax, which combines the 7% which may become 10% provincial sales tax with the 5% GST, the B.C. government has pointed to the Maritime provinces, where the HST is linked to an increase in capital investment and a general trend to lower prices for consumer goods.

But according to economists and business owners there, the circumstances surrounding the 1997 introduction of the 15% HST, now 13 %t, were very different from what B.C. faces.

While the HST means consumers here will pay 7% more for things that were previously PST exempt, such as restaurant meals and hotel rooms, in Atlantic Canada the HST lowered the overall tax paid, since the combined PST and GST was 19% in Newfoundland and 18.7 % in Nova Scotia and New Brunswick.

Leanne Hachey, vice-president of the Canadian Federation of Independent Business Atlantic Canada, said another major difference was there was plenty of consultation with industry and business groups before the tax was introduced -- consultation that never happened here.

"We were able to survey our members in advance to raise possible issues and concerns and bring them to government," she said.

"That's very different to what we're seeing now in Ontario and B.C. "We're still hopeful there will be time to raise red flags and make proposals to make the deal more palatable." In B.C., the tourism and hospitality industry and homebuilders are outraged by the move to the HST.

Anne Freiss, who owns Canadvac, a tour operator in Chester, N.S., said the B.C. tourism industry might have good reason to fear the tax.

While she is a firm believer in the HST's benefits and would like to see it adopted across the country, Freiss said B.C.'s tourism industry has for, the most part, been exempt from PST and now faces a seven per cent increase across the board.

"That wasn't the case here," she said, noting the Atlantic Canada industry had been subject to provincial sales tax and actually caught a break with the HST. "Tourists are price sensitive, and [the increase in B.C.] comes at a very bad time, when tourism is down." Lars Osberg, economics research professor at Dalhousie University in Halifax, said the differences probably explain why there wasn't the same kind of outrage over the HST's introduction in Atlantic Canada in 1997.

"Our general response would probably be what's the problem out there?" Osberg quipped when told of the public outcry in B.C. over the tax.

Homebuilders also appear to have a legitimate beef with the new tax.

A C.D. Howe Institute report on the HST in the Atlantic provinces, often cited by B.C.'s Finance Ministry, noted prices for consumer goods in the those provinces tended to fall when the tax was introduced.

But it also pointed out that shelter costs increased.

Various media outlets reported housing starts were down anywhere from four to 12 % in some Atlantic regions following the tax's introduction.

Still, B.C. should be able to take some lessons from the Atlantic experience, said Mary Webb, senior economist with Scotiabank.

"It is the one model to study, and generally they found it quite difficult at the beginning, but they are quite happy they have shifted." Consumers noticed manufacturers quickly passed on savings as the cost of production was cut when sales tax was removed during the manufacturing process, she said.

And small business owners should also reap a benefit, said Yama Younis, owner of Abe's Furniture in Mahone Bay, N.S.

"Honestly, it was much better for us," he said, noting the HST cut the paperwork in half and simplified dealings with government.

Younis said there was some sticker shock early on for consumers, but people quickly got used to the tax.

In B.C., the government is banking on an increase in investment as a result of the HST's reduction of the marginal effective tax rate on new business investment.

Currently, new investment on capital is taxed at a rate of 27%t. That will drop to 16 % when the HST is introduced.

The C.D. Howe report noted annual machinery and equipment investment in the Atlantic provinces that adopted the HST rose 12.2 % above trend levels in the years following the tax reform.

That would certainly be music to the ears of B.C.'s government, assuming it can hear the tune above the cries of outrage over the HST.

The forest industry is among the sectors looking to the HST to subsidize their companies. Who else gains from the tax?