A Peep from the Finance Minister

Well, RH Harper took the shackles off Flaherty long enough for him to pipe up and issue some firm words against deficits.

I had a funny moment standing in my kitchen a couple of days ago, listening to the news when I suddenly couldn't think who the finance minister was. Wow, I thought, we didn't have that issue back in liberal days. I was not a big PM as PM fan - but it's hard to fault Paul Martin on his fiscal policy, and solidity as a Finance Minister. They churned out surpluses over and over, and left things in pretty good shape when they decided to turn inwards and set their own offices ablaze with in-fighting.

A few moments later Flaherty's name came to mind, and my heart sunk recalling all the childish sniping at Ontario's government. Oh grow up, you lost that election and new guys are doing a better job of it than you did. Scuttling a province by generating bad press from the feds isn't going to make people sing the praises of the Harris government of yesteryear.

So, the knitted curtain (made out of surplus sweaters don't you know) was lifted long enough for Flaherty to say "We will maintain a surplus in Canada and we will continue to pay down debt." Great, thinks I, that sounds reasonable enough. But so much of a country's perception in a volatile market is the confidence that the outward facing officials can generate. A government that keeps the media out of all its activities, does not evoke a sense of transparency.

Truth be told, I'd prefer the finance ministers of yesteryear. I like Martin in the role, I thought too that Michael Wilson, to go back a few years, did a decent job as a Conservative FM (ie non-CRAP conservative). I even remember Allan MacEachen appearing decent. Granted I didn't have as much flesh in the game in those distant years past, so may not have noticed all the nuances.

There's a good resource to be found here, a list of all the FM's.

I would have preferred if, in the Martin years, we had inched a bit more towards debt repayment, when those multi-billion dollar surpluses were rolling in. And we could have done with somewhat less habitual under-estimation.

And out of all of the special interests I can think of, I would loved to have seen a few billion dropped into modernizing Canadian Transportation. Not creating the Mississauga Palace of Versailles that Pearson Airport turned into (I was all for updates, but I think they went a bit overboard there) Rather they should have focussed on steel and rubber transportation on the ground. A world class railway - like we had in the 50's (you can still see it if you want, it's pretty much the same stuff). And some heavy-handed, micromanaged municipal transit build-outs to get me out of my car would have been a good use for those things as well. (Municipal governments would gobble the cash up unless it's well wrapped in strings).

Now we've heard of some infrastructure money in the past few years, but I think it's still an order of magnitude lower than it should be.

Greens and NDP are both talking up a re-investment in these areas. Dion is also talking a green streak - so what the hell, go pick the one that's leading in your area and cast your vote next week.

Let's just avoid buying the sweater thing and putting them back in.