Global Party of Canada
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The Global Party of Canada was a minor political party in Canada, led by Edward John Slota of Toronto. It advocated wealth redistribution through monetary reform. It aims to change the Canadian economic system and to lead world-wide change through the associated "Global Party of the World".
Mr. Slota sought election to the Canadian House of Commons in the June 28, 2004 election in the Toronto riding of Beaches—East York, and was the party's only candidate. He won 85 votes, 0.2% of the total vote in the riding. The party appears to have ceased functioning after his death on March 14, 2005.
The party was not registered with Elections Canada, the Canadian government’s election agency, and therefore was not recognized as an official party.
The Global Party attempted to ally itself with the Green Party of Canada by encouraging voters to support Green candidates in other ridings.
The Global Party believed that a massive creation of new money by the Bank of Canada would free enterprise, create jobs and wealth, and prevent communism and dictatorship. The creation of new money would enable a Global Party government to pay every man, woman and child $1,500 to $3,000 per month for life, eliminate the need for taxes, and provide sufficient capital to increase spending for "common good" projects, such as schools, health and welfare, etc., by fifty percent. In addition to unleashing tremendous economic forces, this would eliminate the "hierarchy of money" and permit the "self-actualization" of all people.
The party’s monetary reform proposals are similar to those of the Committee on Monetary and Economic Reform (COMER) and of the theory of social credit expounded by previous Canadian political parties, including the Social Credit Party of Canada and the Abolitionist Party of Canada.
From the Party’s website:
- The Global Party of Canada is arched to develop a major Paradigm Shift, a quantum leap from the old hierarchy's mode of distribution "debt and taxes", to the "constitutional creation of money" mode of distribution based on equality, unleashing tremendous human energy and ingenuity, and creating a standard of living, of freedom, and liberty, of influence and hope unequaled in the history of the world.
- Current economics are essentially false or bogus. Canada's traditional economy is based on debt and taxes the main cause of under employment and unemployment. Failure to produce the maximum of goods and services that can be produced and failure to use all available economic resources to produce goods and services, result.