Sign Petition

Creating Government Money Using the Bank of Canada

74 Signatures Goal: 100,000

We, the undersigned, believe that, under no circumstances should the sovereign Government of Canada borrow from commercial banks; THAT to do so results in unnecessary compound interest payments; and so REDIRECTS government money away from health care, education,and socio-environmental programs that Canadians want. THAT moneys borrowed by our governments from the Bank of Canada would (i) be exempt from compound interest charges; (ii) could be used in service of social programs; and (iii) would not cause inflation: in fact, it is borrowing from commercial banks at compound interest rates that causes inflation and inhibits social program development. THEREFORE WE REQUEST that the Federal Government, through the Federal Finance Minister, direct [Bank of Canada Act, s. 14(2)] the Governor of the Bank of Canada to create, through the Bank of Canada, progressively more of the money Canadian governments need, thereby (i) avoiding counterproductive and egregious debt payments which benefit only the financial 'community'; and (ii) making available more of the funding needed to ensure and be of benefit to the wellbeing of all Canadians.

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  • RonHamelin
    RonHamelin Canada, Carleton Place
    Oct 12, 2016
    Oct 12, 2016
    There is something the Gov't is hiding. Why did they make this change in 1974. It seems there is a hidden agenda.
  • Edd Twohig
    Edd Twohig Canada, Halifax
    May 24, 2016
    May 24, 2016
    No Member of Parliament seems to understand the economic disaster caused by the loss of control of our money supply.
  • James MacInnis
    James MacInnis Canada, Welland
    May 24, 2016
    May 24, 2016
    Having yeilded soverign control over their right to create its own money supply, Canada's polititions in collusion with private banks have stolen Canadians right to create their own money supply in exchange for borrowing and the compounded cost of interest payments which have turned our once free nation into a nation of debt slaves.
  • Theodore Geddes
    Theodore Geddes Canada, Brampton
    Mar 07, 2016
    Mar 07, 2016
    Please feel free to join my anti pertoDollar FB page, https://www.facebook.com/groups/458736340990696/
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74

Signatures

  • 2 months ago
    Brooklyn Hamelin Canada
    2 months ago
  • 2 months ago
    RonHamelin Canada
    2 months ago
  • 2 months ago
    Jennifer Boehm Canada
    2 months ago
  • 6 months ago
    Edd Twohig Canada
    6 months ago
  • 6 months ago
    James MacInnis Canada
    6 months ago
  • 9 months ago
    Ilda vinton Canada
    9 months ago
  • 9 months ago
    Vern Gooding Canada
    9 months ago
  • 9 months ago
    Garry G Canada
    9 months ago
  • 9 months ago
    Theodore Geddes Canada
    9 months ago
  • 9 months ago
    Dave Lowe Canada
    9 months ago
  • 9 months ago
    Theodore Geddes Canada
    9 months ago
  • 9 months ago
    Pierre Rousseau Canada
    9 months ago
  • 11 months ago
    Sam Giannopoulos Canada
    11 months ago
  • 1 year ago
    Sandra Kisch Canada
    1 year ago
  • 1 year ago
    Kia Johnsen Canada
    1 year ago
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