
Happy
New Year everyone. I hope you had a good Christmas.
This is the time of new beginnings. The old year is
past and a new one is ahead.
As you have seen in the Voice, I was invited by the
Attorney General of Canada, Rob Nicholson to attend
a press conference where he announced the introduction
of a Bill to define White Collar crime and define
penalties to persons convicted of it. The penalty
of interest was a minimum sentence of two years in
prison for fraud of one million dollars or more. As
one person said to me most seniors don't have a million
dollars to invest. This is true, however it should
be noted that the minimum penalty provided in the
bill does not refer to a single conviction but to
accumulated losses and conviction of more crimes to
a value of one or more million dollars.
In late November, I was invited to appear before the
Standing Committee of Justice and Human Rights. This
was after second reading of the Bill known as C52
and it is being considered in the Committee stage
of progress through parliament. I had the opportunity
to speak to the committee about concerns of seniors,
the first of which was about restitution of their
money. If the victim wanted restitution (and who wouldn't)
they had to fill out forms available on line, informing
the judge of their intentions and some seniors do
not have computers or are not very computer literate.
My suggestion to the committee was that the restitution
should automatically be part of the sentence of anyone
convicted of Securities fraud or theft.
Since restitution presently has a limited time under
the Criminal Code, I also suggested that it should
be amended to apply restitution until all was repaid
or the perpetrator was no longer living. The committee
session ended at that time as the members were called
to the house for a vote in parliament. There is also
a Bill C53 from the Minister of Public Safety before
parliament that has the potential to remove the automatic
parole after serving 1/6 of the sentence for white
collar crime. It is hoped that this year will bring
these and many other benefits to seniors.