CANADA FREE PRESS: Canada Should Remember Communism’s Victims - July 15, 2010
.
The Young Communist League of Canada (YCL-LJC) is a Marxist-Leninist youth organization which fights to build a powerful youth and student movement across Canada and for socialism.
http://en.wikipedia.org/wiki/Young_Communist_League_(Canada)
.
[Ed -- apparently 8 million Canadians came from communist countries, so if many of them notice what's happening and tell other people, then we can stop it from happening here in Communist Canada, where we all know the government is evil but we're scared to talk about it... just like they were... so far. So, we have to speak up before the bad guys in charge realize that us not talking about it means we probably won't act on it either... which means the people in charge of the world can run the same ol' commie kill 'em all game on us. They killed 65 million people in China, so killing 35 million Canadians really isn't a big deal for these guys. Frankly, with the new technology they have, if they get to use it because we're cowards, then it'll be a pretty slow day at work. They've already started killing us with fluoride, aspartame, vaccines, GMO foods and more. That's why we're all running cancer marathons, it helps us get used to getting cancer. That's also why we have to speak up now against our scientific lobotomization. With these sorts of things the longer you wait the harder it gets to think of anything at all.]
.
.
Giant statue of Lenin and Mao the talk of Richmond
Randy Shore | Vancouver Sun | December 27, 2009
METRO VANCOUVER - A public art installation depicting Russian Communist leader Vladimir Lenin and a feminized Chairman Mao Zedong in the heart of Richmond's business district has the whole town talking.
“When I went to the gym at 5:30 this morning it’s all people were talking about,” said Richmond city Coun. Derek Dang, who saw the piece for the first time Wednesday. “People just can’t believe it.”
http://www.vancouversun.com/health/Giant+statue+Lenin+talk+Richmond/2384389/story.html
.
Pravda Vodka House says...
Pravda Vodka House began as an idea and has led to a revolution. In the seven years since opening it has inspired a new appreciation for vodka. We are a leader in the unique experience of offering vodka tastings and food pairings in a Russian inspired atmosphere. Through our one-of-a-kind vodka cellar which houses 70 of the world's best vodkas to our Louis XII décor, you will expand your vodka horizons and be well on your way to becoming a vodka connoisseur.
[Ed -- the place is so thick with gorgeously extravagant Soviet commie propaganda, with plush red everywhere and giant pictures of Lenin and Mao, that the buddy who took me there had the best time just watching me see it for the first time. I was completely shocked. And, shockingly, speechless. Nice place. But, absolutely ridiculous. And dangerous. What can you say? Mass murderes have rarely been sold so well, in this country anyway, "The" Queen and her family's 500 years spent running the world with nobody stopping them -- so far -- notwithstanding.]
http://www.urbanspoon.com/r/10/134714/restaurant/St-Lawrence-Market-Old-Town/Pravda-Vodka-Bar-Toronto
.
Trouble in CommUNist Canada feat. Senator Elaine McCoy
.
Details
http://www.reverbnation.com/blackkrishna#/artist/song_details/3076352
MP3 Download
http://www.reverbnation.com/controller/audio_player/download_song/3076352
4 Small Communist Canada Flyers
http://files.meetup.com/348941/4%20Small%20Communist%20Canada%20Flyers%20-%203Jan10%20-%20FRONTBACK.ppt
Giant statue of Lenin and Mao the talk of Richmond - Vancouver Sun (27/Dec/09)
http://files.meetup.com/348941/Giant%20statue%20of%20Lenin%20and%20Mao%20the%20talk%20of%20Richmond_1262148977333.png
Amore Amuzak
http://www.reverbnation.com/blackkrishna
.
.
Trouble in CommUNist Canada feat. Senator Elaine McCoy
.
Oh Canada...
We stand on guard for thee...
(Chorus)
Trouble!
In CommUNist Canada!
Corpo-rapin', tapin' mouths shut!
Slap a strangler!
Trouble!
In Commie Canada!
Crack a brew, crack a big smile!
Slap a handler!
(x2)
We in trouble,
In Commie Canada,
Can of cornucopin', cornucopia's,
Can we cope with the --
Neo-comm,
Neo-commie baby-talk,
Small-talk = small-ball-walk,
I am a ball-hawk,
Take mine, go home!
Wait, I am home!
Feet up and kick-back,
With a Canuck-sack of home-grown,
Rhyme-sack at home-blowin',
Whistle-growin', born mowin',
Down competition,
Knowin' I'm sowin' seeds of who owin',
Shh! Can't talk!
Don't talk about the government!
On November 5th, like Guy Fawkes?
Mask and glovin' it?
But, Fawkes what you heard,
That's a false flag too,
Like the red and white,
And the red, white and blue,
Boo-hoo!
Can't cry, can't pout,
Can't sulk,
Get mad, 'til ya get mad-green,
Like The Hulk,
No voice, no choice,
Boys, show some poise,
Girls, show some boys,
You ain't just toys,
Don't let nobody tell you,
What you should, or shouldn't be tellin' me,
Unless you tellin' me,
That ain't you, tellin' me,
Is it you, tellin' me?
Or not, tellin' me?
Skip the commie double-speak,
Snitch-please, at ease...
(Chorus)
Trouble!
In CommUNist Canada!
Corpo-rapin', tapin' mouths shut!
Slap a strangler!
Trouble!
In Commie Canada!
Crack a brew, crack a big smile!
Slap a handler!
(x1)
Treat another man's life,
As more important than yours,
Then The Man comes along,
And takes your life for sure,
On message boards, guys,
Turn to Gossip Girls, and get bored,
The Man sees ya 'net,
He shoots, he scores,
Are you a Fan? Or a Stan?
Do you understand the plan?
For you to have a plan?
Ask anyone ya fan?
From Jigga, Biggie'n'Pac,
To Fiddy, Em'n'Shock G,
Yeezy, Weezy, Jeezy,
Dopey, Sneezy and Doc!
Put on, for ya city,
Like you put on a lot,
Of weighted glocks,
Just in case the waitin' gets hot,
But, first things first,
What's worse than being cursed?
With the inability?
To handle your own birth?
If who can do it, you can do it,
Won't do it, guess who knew it's --
Good to teach you,
The commie two-step to it,
Step one, don't speak,
Step two, get weak,
Step three, go to sleep,
Step four, so deep...
(Chorus)
Trouble!
In CommUNist Canada!
Corpo-rapin', tapin' mouths shut!
Slap a strangler!
Trouble!
In Commie Canada!
Crack a brew, crack a big smile!
Slap a handler!
(x1)
You ain't got a rhyme-scheme,
To compete with my, high-dreams,
Third-eye, got visine,
Bird's eye, on my scene,
Supply? Or ride-clean?
Rely, on your means,
More cops, like morphine,
Morphin' on ya big-screen!
Big deal? What is?
Lenin-Head? Pravda bar?
Mao-tatts? Snooze biz?
Sacrificin' ya car?
Got big news kids,
Commie bankers want your soul,
Gen X, Y and -- oops,
No time to grow old,
No time to grow cold,
They say it's getting warmer,
Snow them snitches,
Like "Informer!"
Insane asylum in the city,
Psycho commie-carceration,
Not politically, but lyrically correct,
To wake a nation...
(Chorus)
Trouble!
In CommUNist Canada!
Corpo-rapin', tapin' mouths shut!
Slap a strangler!
Trouble!
In Commie Canada!
Crack a brew, crack a big smile!
Slap a handler!
(x2)
.
Canada Should Remember Communism’s Victims
Troy Media | Canada Free Press | July 15, 2010
- Mark Milke, Director of Research, Frontier Centre for Public Policy
I doubt a museum dedicated to the 20th century’s bloodiest ideology is at the top of the to-do lists for most tourists to Prague; most would prefer the city’s picturesque core, historic Charles bridge and Prague castle. In 2003, I did as well, but I also wandered into the Museum of Communism, a remembrance of sorts to communism’s impact on Czechs between 1948 and 1989.
The museum presents a picture of life under communism with replicas of rooms in a typical family apartment (and the lack of amenities).
Secret police interview room
Antiquated farm machinery, decades behind the West, is included. So too are propaganda posters and a re-creation of a secret police “interview” room lighted by a single bulb. And then there are the museum’s accompanying statistics: 178 executions over the course of communist rule, over 250,000 prison sentences for political offences, almost as many paid police spies, and half-a-million communist party members expelled after the Soviet Union crushed the flowering Prague Spring movement in 1968.
Such suffering is one reason why the proposed Canadian memorial to communism’s victims should be built as soon as possible. The monument – conceived of by a variety of people over the years – finally got a push from the Hearts Open Toronto society in 2007; the concept was approved by the National Capital Commission last September. Alas, the Commission, responsible for all monuments in our nation’s capital, proposes a clunker of a name: “Memorial to Victims of Totalitarian Communism – Canada, A Land of Refuge.”
The Capital Commission either doesn’t know its history or is still stuck in Pierre Trudeau-like infatuation for Marxist tyrants. (Trudeau regularly paid homage to Chairman Mao and Fidel Castro, perhaps another reason why we should build the monument – as a symbolic rebuke to such disreputable devotion.)
The adjective, “totalitarian” is unnecessary; no other form of communism ever existed as even the few holdouts yet demonstrate. Fidel and Raoul Castro’s Cuba, 51 years after their “revolution,” has yet to provide basic rights – say, to vote for the party of one’s choice, or to buy, sell and trade with whom one chooses; North Korea is an almost comedic caricature of Stalin’s iron-fisted brutal rule, except that it’s less funny for those who must live under Kim Jong-il.
Many Canadians know all this; it’s why they or their ancestors fled from such regimes. Tribute to Liberty, the group now tasked with raising $1.5 million for the monument, recounts the multiple examples of immigrants who fled Communist regimes to come to Canada: 20,000 Russian Mennonites who faced persecution in Russia between 1923 and 1929; 14,000 Estonians who arrived between 1946 and 1955; 34,000 Ukrainians who, after World War II, were “displaced persons” and preferred the unknown north of Canada to the possibility of more repression in the Soviet Union. (Josef Stalin’s state-induced famine in 1932-33 in the then Soviet Ukraine killed six million people).
There were the 37,000 Hungarians who left Hungary after the 1956 uprising to settle in Canada, 95,000 Poles who arrived after Polish communists crushed the anti-communist Solidarity movement in Poland in the early 1980s; from Asia, 70,000 refugees arrived from Vietnam in the late 1970s. And there were many others who fled the only other ideology in the 20th-century that could rival and surpass the body counts racked up by Nazis.
The Black Book of Communism , a 1999 recounting of the ideology from various French authors, some former communists themselves, calculated the victims of Marx and Engels’s ideological heirs – the “men of action” they inspired, such as Lenin, Stalin, Mao, and Pol Pot—to be near 100 million dead. It included 20 million people in the Soviet Union and 65 million in China.
20th century’s deadliest ideology
The statistics don’t communicate the horror. In the “Great Leap Forward,” Chairman Mao’s attempt to collectivize Chinese farms, the results were exactly similar to Stalin’s famine in the Soviet Ukraine. The Black Book recounts Wei Jingsheng, an 18-year Red Guard in 1968 who later told of how families swapped children in order to eat them lest they starve. In Cambodia, under the communists, 59,000 of 60,000 Buddhist monks “disappeared.” By 1979, 42 per cent of the country’s children had lost at least one parent and seven per cent lost both parents in Cambodia’s killing fields.
Such insanity sprang from the 20th century’s deadliest ideology. At least eight million Canadians can trace their roots to countries where communism once thrived, including my family. My late grandmother arrived from the Soviet Union in the late 1920s, this after her peasant family was first transported around the USSR, including a stint in Siberia; she and her family were farmer peasants of German stock. Thus, they were undesirable elements, “enemies of the people,” is how a devout communist might have put it.
We should remember them all with a monument – and without the silly adjective that takes away from the horror that is already the noun.
http://canadafreepress.com/index.php/article/25393
.
Recession-battered Canadians growing more conservative with savings
Sunny Freeman | The Canadian Press / Yahoo News | July 12, 2010
TORONTO - Recession-battered Canadians are growing more conservative with their money and turning away from high risk investments to the safety of savings accounts — a trend that banks are cashing in on, industry insiders say.
Canadians this year have opened about 20 per cent more chequing and savings accounts than last — a giant leap from the average three to five per cent annual increase, said financial services consultant David McVay.
"Canadians are more conservative than they were in 2007," McVay said, adding that more consumers are paying off debt, opening RRSPs and tax-free savings accounts than they were a year ago.
"We're seeing a shift from stock investing into keeping more money in savings accounts because of the financial crisis," he said.
The shift to safer investments is being driven by a nervous baby boom generation who "have lost their mojo" after the plunging stock market wreaked havoc on their retirement investments, McVay said.
They no longer want to take on the risk of a crash that could force them to work another five or 10 years.
http://ca.news.finance.yahoo.com/s/13072010/2/biz-finance-recession-battered-canadians-growing-conservative-savings.html
.
.
The Young Communist League of Canada (YCL-LJC) is a Marxist-Leninist youth organization which fights to build a powerful youth and student movement across Canada and for socialism.
http://en.wikipedia.org/wiki/Young_Communist_League_(Canada)
.
[Ed -- apparently 8 million Canadians came from communist countries, so if many of them notice what's happening and tell other people, then we can stop it from happening here in Communist Canada, where we all know the government is evil but we're scared to talk about it... just like they were... so far. So, we have to speak up before the bad guys in charge realize that us not talking about it means we probably won't act on it either... which means the people in charge of the world can run the same ol' commie kill 'em all game on us. They killed 65 million people in China, so killing 35 million Canadians really isn't a big deal for these guys. Frankly, with the new technology they have, if they get to use it because we're cowards, then it'll be a pretty slow day at work. They've already started killing us with fluoride, aspartame, vaccines, GMO foods and more. That's why we're all running cancer marathons, it helps us get used to getting cancer. That's also why we have to speak up now against our scientific lobotomization. With these sorts of things the longer you wait the harder it gets to think of anything at all.]
.
.
Giant statue of Lenin and Mao the talk of Richmond
Randy Shore | Vancouver Sun | December 27, 2009
METRO VANCOUVER - A public art installation depicting Russian Communist leader Vladimir Lenin and a feminized Chairman Mao Zedong in the heart of Richmond's business district has the whole town talking.
“When I went to the gym at 5:30 this morning it’s all people were talking about,” said Richmond city Coun. Derek Dang, who saw the piece for the first time Wednesday. “People just can’t believe it.”
http://www.vancouversun.com/health/Giant+statue+Lenin+talk+Richmond/2384389/story.html
.
Pravda Vodka House says...
Pravda Vodka House began as an idea and has led to a revolution. In the seven years since opening it has inspired a new appreciation for vodka. We are a leader in the unique experience of offering vodka tastings and food pairings in a Russian inspired atmosphere. Through our one-of-a-kind vodka cellar which houses 70 of the world's best vodkas to our Louis XII décor, you will expand your vodka horizons and be well on your way to becoming a vodka connoisseur.
[Ed -- the place is so thick with gorgeously extravagant Soviet commie propaganda, with plush red everywhere and giant pictures of Lenin and Mao, that the buddy who took me there had the best time just watching me see it for the first time. I was completely shocked. And, shockingly, speechless. Nice place. But, absolutely ridiculous. And dangerous. What can you say? Mass murderes have rarely been sold so well, in this country anyway, "The" Queen and her family's 500 years spent running the world with nobody stopping them -- so far -- notwithstanding.]
http://www.urbanspoon.com/r/10/134714/restaurant/St-Lawrence-Market-Old-Town/Pravda-Vodka-Bar-Toronto
.
Trouble in CommUNist Canada feat. Senator Elaine McCoy
.
Details
http://www.reverbnation.com/blackkrishna#/artist/song_details/3076352
MP3 Download
http://www.reverbnation.com/controller/audio_player/download_song/3076352
4 Small Communist Canada Flyers
http://files.meetup.com/348941/4%20Small%20Communist%20Canada%20Flyers%20-%203Jan10%20-%20FRONTBACK.ppt
Giant statue of Lenin and Mao the talk of Richmond - Vancouver Sun (27/Dec/09)
http://files.meetup.com/348941/Giant%20statue%20of%20Lenin%20and%20Mao%20the%20talk%20of%20Richmond_1262148977333.png
Amore Amuzak
http://www.reverbnation.com/blackkrishna
.
.
Trouble in CommUNist Canada feat. Senator Elaine McCoy
.
Oh Canada...
We stand on guard for thee...
(Chorus)
Trouble!
In CommUNist Canada!
Corpo-rapin', tapin' mouths shut!
Slap a strangler!
Trouble!
In Commie Canada!
Crack a brew, crack a big smile!
Slap a handler!
(x2)
We in trouble,
In Commie Canada,
Can of cornucopin', cornucopia's,
Can we cope with the --
Neo-comm,
Neo-commie baby-talk,
Small-talk = small-ball-walk,
I am a ball-hawk,
Take mine, go home!
Wait, I am home!
Feet up and kick-back,
With a Canuck-sack of home-grown,
Rhyme-sack at home-blowin',
Whistle-growin', born mowin',
Down competition,
Knowin' I'm sowin' seeds of who owin',
Shh! Can't talk!
Don't talk about the government!
On November 5th, like Guy Fawkes?
Mask and glovin' it?
But, Fawkes what you heard,
That's a false flag too,
Like the red and white,
And the red, white and blue,
Boo-hoo!
Can't cry, can't pout,
Can't sulk,
Get mad, 'til ya get mad-green,
Like The Hulk,
No voice, no choice,
Boys, show some poise,
Girls, show some boys,
You ain't just toys,
Don't let nobody tell you,
What you should, or shouldn't be tellin' me,
Unless you tellin' me,
That ain't you, tellin' me,
Is it you, tellin' me?
Or not, tellin' me?
Skip the commie double-speak,
Snitch-please, at ease...
(Chorus)
Trouble!
In CommUNist Canada!
Corpo-rapin', tapin' mouths shut!
Slap a strangler!
Trouble!
In Commie Canada!
Crack a brew, crack a big smile!
Slap a handler!
(x1)
Treat another man's life,
As more important than yours,
Then The Man comes along,
And takes your life for sure,
On message boards, guys,
Turn to Gossip Girls, and get bored,
The Man sees ya 'net,
He shoots, he scores,
Are you a Fan? Or a Stan?
Do you understand the plan?
For you to have a plan?
Ask anyone ya fan?
From Jigga, Biggie'n'Pac,
To Fiddy, Em'n'Shock G,
Yeezy, Weezy, Jeezy,
Dopey, Sneezy and Doc!
Put on, for ya city,
Like you put on a lot,
Of weighted glocks,
Just in case the waitin' gets hot,
But, first things first,
What's worse than being cursed?
With the inability?
To handle your own birth?
If who can do it, you can do it,
Won't do it, guess who knew it's --
Good to teach you,
The commie two-step to it,
Step one, don't speak,
Step two, get weak,
Step three, go to sleep,
Step four, so deep...
(Chorus)
Trouble!
In CommUNist Canada!
Corpo-rapin', tapin' mouths shut!
Slap a strangler!
Trouble!
In Commie Canada!
Crack a brew, crack a big smile!
Slap a handler!
(x1)
You ain't got a rhyme-scheme,
To compete with my, high-dreams,
Third-eye, got visine,
Bird's eye, on my scene,
Supply? Or ride-clean?
Rely, on your means,
More cops, like morphine,
Morphin' on ya big-screen!
Big deal? What is?
Lenin-Head? Pravda bar?
Mao-tatts? Snooze biz?
Sacrificin' ya car?
Got big news kids,
Commie bankers want your soul,
Gen X, Y and -- oops,
No time to grow old,
No time to grow cold,
They say it's getting warmer,
Snow them snitches,
Like "Informer!"
Insane asylum in the city,
Psycho commie-carceration,
Not politically, but lyrically correct,
To wake a nation...
(Chorus)
Trouble!
In CommUNist Canada!
Corpo-rapin', tapin' mouths shut!
Slap a strangler!
Trouble!
In Commie Canada!
Crack a brew, crack a big smile!
Slap a handler!
(x2)
.
Canada Should Remember Communism’s Victims
Troy Media | Canada Free Press | July 15, 2010
- Mark Milke, Director of Research, Frontier Centre for Public Policy
I doubt a museum dedicated to the 20th century’s bloodiest ideology is at the top of the to-do lists for most tourists to Prague; most would prefer the city’s picturesque core, historic Charles bridge and Prague castle. In 2003, I did as well, but I also wandered into the Museum of Communism, a remembrance of sorts to communism’s impact on Czechs between 1948 and 1989.
The museum presents a picture of life under communism with replicas of rooms in a typical family apartment (and the lack of amenities).
Secret police interview room
Antiquated farm machinery, decades behind the West, is included. So too are propaganda posters and a re-creation of a secret police “interview” room lighted by a single bulb. And then there are the museum’s accompanying statistics: 178 executions over the course of communist rule, over 250,000 prison sentences for political offences, almost as many paid police spies, and half-a-million communist party members expelled after the Soviet Union crushed the flowering Prague Spring movement in 1968.
Such suffering is one reason why the proposed Canadian memorial to communism’s victims should be built as soon as possible. The monument – conceived of by a variety of people over the years – finally got a push from the Hearts Open Toronto society in 2007; the concept was approved by the National Capital Commission last September. Alas, the Commission, responsible for all monuments in our nation’s capital, proposes a clunker of a name: “Memorial to Victims of Totalitarian Communism – Canada, A Land of Refuge.”
The Capital Commission either doesn’t know its history or is still stuck in Pierre Trudeau-like infatuation for Marxist tyrants. (Trudeau regularly paid homage to Chairman Mao and Fidel Castro, perhaps another reason why we should build the monument – as a symbolic rebuke to such disreputable devotion.)
The adjective, “totalitarian” is unnecessary; no other form of communism ever existed as even the few holdouts yet demonstrate. Fidel and Raoul Castro’s Cuba, 51 years after their “revolution,” has yet to provide basic rights – say, to vote for the party of one’s choice, or to buy, sell and trade with whom one chooses; North Korea is an almost comedic caricature of Stalin’s iron-fisted brutal rule, except that it’s less funny for those who must live under Kim Jong-il.
Many Canadians know all this; it’s why they or their ancestors fled from such regimes. Tribute to Liberty, the group now tasked with raising $1.5 million for the monument, recounts the multiple examples of immigrants who fled Communist regimes to come to Canada: 20,000 Russian Mennonites who faced persecution in Russia between 1923 and 1929; 14,000 Estonians who arrived between 1946 and 1955; 34,000 Ukrainians who, after World War II, were “displaced persons” and preferred the unknown north of Canada to the possibility of more repression in the Soviet Union. (Josef Stalin’s state-induced famine in 1932-33 in the then Soviet Ukraine killed six million people).
There were the 37,000 Hungarians who left Hungary after the 1956 uprising to settle in Canada, 95,000 Poles who arrived after Polish communists crushed the anti-communist Solidarity movement in Poland in the early 1980s; from Asia, 70,000 refugees arrived from Vietnam in the late 1970s. And there were many others who fled the only other ideology in the 20th-century that could rival and surpass the body counts racked up by Nazis.
The Black Book of Communism , a 1999 recounting of the ideology from various French authors, some former communists themselves, calculated the victims of Marx and Engels’s ideological heirs – the “men of action” they inspired, such as Lenin, Stalin, Mao, and Pol Pot—to be near 100 million dead. It included 20 million people in the Soviet Union and 65 million in China.
20th century’s deadliest ideology
The statistics don’t communicate the horror. In the “Great Leap Forward,” Chairman Mao’s attempt to collectivize Chinese farms, the results were exactly similar to Stalin’s famine in the Soviet Ukraine. The Black Book recounts Wei Jingsheng, an 18-year Red Guard in 1968 who later told of how families swapped children in order to eat them lest they starve. In Cambodia, under the communists, 59,000 of 60,000 Buddhist monks “disappeared.” By 1979, 42 per cent of the country’s children had lost at least one parent and seven per cent lost both parents in Cambodia’s killing fields.
Such insanity sprang from the 20th century’s deadliest ideology. At least eight million Canadians can trace their roots to countries where communism once thrived, including my family. My late grandmother arrived from the Soviet Union in the late 1920s, this after her peasant family was first transported around the USSR, including a stint in Siberia; she and her family were farmer peasants of German stock. Thus, they were undesirable elements, “enemies of the people,” is how a devout communist might have put it.
We should remember them all with a monument – and without the silly adjective that takes away from the horror that is already the noun.
http://canadafreepress.com/index.php/article/25393
.
Recession-battered Canadians growing more conservative with savings
Sunny Freeman | The Canadian Press / Yahoo News | July 12, 2010
TORONTO - Recession-battered Canadians are growing more conservative with their money and turning away from high risk investments to the safety of savings accounts — a trend that banks are cashing in on, industry insiders say.
Canadians this year have opened about 20 per cent more chequing and savings accounts than last — a giant leap from the average three to five per cent annual increase, said financial services consultant David McVay.
"Canadians are more conservative than they were in 2007," McVay said, adding that more consumers are paying off debt, opening RRSPs and tax-free savings accounts than they were a year ago.
"We're seeing a shift from stock investing into keeping more money in savings accounts because of the financial crisis," he said.
The shift to safer investments is being driven by a nervous baby boom generation who "have lost their mojo" after the plunging stock market wreaked havoc on their retirement investments, McVay said.
They no longer want to take on the risk of a crash that could force them to work another five or 10 years.
http://ca.news.finance.yahoo.com/s/13072010/2/biz-finance-recession-battered-canadians-growing-conservative-savings.html
.
.
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