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“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

THE LINE: What the CPC's stance on the sale of a bank tells us about the potential next prime minister of Canada


Some old-school conservatives (and Conservatives) might have been surprised when Pierre Poilievre recently asked Finance Minister Chrystia Freeland to halt the proposed takeover of HSBC Bank by the Royal Bank of Canada.  

Hongkong and Shanghai Banking Corporation, which we know as HSBC, was established in 1865 to finance growing trade between Europe, India and China. Today it fashions itself as “a local bank serving international needs” and provides competitively priced commercial and retail banking services in Canada and elsewhere. In Canada it operates primarily in our two largest metropolitan regions: Toronto and the the so-called 905 region around Toronto as well as Greater Vancouver and the lower mainland around Vancouver. It also operates in some cities across western Canada. HSBC recently put itself up for sale and the Royal Bank was the winning bidder. 

But Poilievre has concerns. What gives? Aren’t conservatives the party of big business?

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