<— Guess which movie I saw this guy in?
Dear Readers;
We had bets in the Perspective Research Department, and among the Naked News staff, on whether Mayor Joe Fontana would do the honourable thing or not!!!!
(That asshole did exactly what I thought he would do.)
Even though he has been formally charged with criminal offenses, he refuses to give up his seat as Mayor of London, and will now have to be removed!
The reason I knew he wouldn’t quit is because I have met him on
numerous occasions, and he strikes me as the sort of a mean S.O.B. who
is devoid of any class or character!
Totally in keeping with how he is acting now!
(STAY TUNED KIDS, I HAVE A FEELING THIS STORY IS FAR FROM OVER! -ED.)
We had bets in the Perspective Research Department, and among the Naked News staff, on whether Mayor Joe Fontana would do the honourable thing or not!!!!
(That asshole did exactly what I thought he would do.)
Even though he has been formally charged with criminal offenses, he refuses to give up his seat as Mayor of London, and will now have to be removed!
LONDON, ONT. – Embattled London Mayor Joe Fontana is
staying in office despite criminal charges against him arising from his
time as a Liberal MP.“I’m innocent,” the nearly 30-year politician and businessman said Thursday.
Fontana — who quit federal politics to make a failed stab for mayor in 2006, only to win the office four years later — said he has a mandate from Londoners and is maintaining a busy schedule in the face of the controversy.
While he’s hanging in as mayor, however, the city’s top politician said he has resigned his seat on London’s police services board.
RCMP charged Fontana with one count of fraud, one of breach of public trust and one of uttering a forged document in the aftermath of a probe into how his son’s wedding reception bill was paid in 2005, when he was a Liberal MP and cabinet minister in Paul Martin’s government.
QMI Agency broke the story Oct. 19 that questions were being asked about two federal cheques, totalling more than $20,000, issued to the London social club where the wedding bash was held.
It’s understood that RCMP charges relate to a down payment on the bill, worth $1,700.
An all-party board that oversees MPs’ spending on Parliament Hill called in the RCMP.
An 18-year Liberal MP, Fontana was first elected in 1988 and rose to the ranks of labour and housing minister in Paul Martin’s government. He’d also chaired the national Liberal caucus during its powerful heyday.
http://cnews.canoe.ca/CNEWS/Crime/2012/11/22/20377156.html
Meanwhile, as choppy political waters rock London mayor Joe Fontana locally, a charity he heads said it’s cutting ties with a tax shelter criticized by Canada Revenue Agency (CRA).
The embattled Fontana, under investigation by the Mounties for federal cheques used to pay for his son’s 2005 wedding reception, is chairman of Trinity Global Foundation.
Last week, Canada Revenue Agency announced taxpayers participating in tax credit schemes will see assessments of their claims for tax credits placed on hold. The agency is targeting taxpayers who receive tax receipts for amounts greater than the amount they donate.
CRA records show donations to Trinity stood at $72,000 in 2008, the year Fontana joined it. By 2011, it issued $72 million in receipts for charitable donations.
That same year, Simple Financial Management of London, a neighbour of Trinity Global on York St., advertised on Kijiji that Trinity investors could turn “as little as $500 into $27,000 of tax credits.”
Eleven months ago, Trinity Global partnered with Global Learning Gifting Initiative (GLGI) in a plan to distribute computer “courseware” to people needing to upgrade their education and job skills. Recipients of the courseware were to be the underprivileged and First Nations members.
Fontana has declined interviews about the operation of Trinity,
referring questions to his son, Ugo Joseph Fontana, who is president of
Trinity.
The younger Fontana told QMI Agency that Trinity Global will not renew its one-year agreement with GLGI.
“We believe it’s time for Trinity to now focus its efforts on external grants and its many non gift-in-kind programs.”
The grants and programs include helping to feed hungry children across Canada, protect children from the sex trade industry and support local food banks, he said.
In court documents, CRA has called the GLGI tax shelter program a “sham” intended primarily to enrich donors, rather than help those in need.
CRA has denied more than $5.5 billion in donation claims and reassessed more than 167,000 taxpayers who participated in tax shelter schemes. A British Columbia woman, for instance, received tax receipts of $56,000 and $53,000 for a donation of $100.
“All gifting tax shelter schemes are audited and the CRA has not found any that comply with Canadian tax laws,” the agency said.
Trinity replaced Glooscap Heritage Society as a Global Learning partner.
Last month, Nova-Scotia-based Glooscap became the fourth former partner of Global Learning to have its charitable status revoked by the federal government. The CRA said Glooscap received nearly $25 million in cash and goods in 2008 and 2009, but only $900,000 was used for its charitable purposes as millions went to its promoters and GLGI.
After stories about the London mayor and his ties to Trinity, founder Vince Ciccone and its activities appeared in the London Free Press in August, Fontana and Trinity served a “notice of intended action” against the newspaper under the Libel and Slander Act.
The CRA noted this is the busy selling season for such tax shelters and warned if taxpayers are offered a tax receipt larger than the amount donated, “it is very likely not a valid donation.”
The agency suggested taxpayers seek independent financial advice if they’re considering a tax shelter.
chip.martin@sunmedia.ca
twitter.com/ChipatLFPress
An Independent View
Ted Wernham, a former member of city council, is a wealth coach who provides financial and income management advice, including how to save taxes. He operates Wernham Wealth Management in Byron, Ont.
He declined to comment on any particular tax shelter.
“We don’t participate in these schemes,” Wernham said. “In fact, we warn people about these schemes.”
The Canada Revenue Agency decision to audit participants in them “is righteous and valid.”
“The old story about something too good to be true usually is,” Wernham said. “If the motivation is greed, rather than good, it is probably bad.”
He said he worries about the effect on legitimate, long-standing charitable organizations such as Foundation London, the Salvation Army and the Poppy Fund.
“People shouldn’t think that charity has become a bad word.”
http://cnews.canoe.ca/CNEWS/Politics/2012/11/04/20330356.html
Fontana — who quit federal politics to make a failed stab for mayor in 2006, only to win the office four years later — said he has a mandate from Londoners and is maintaining a busy schedule in the face of the controversy.
While he’s hanging in as mayor, however, the city’s top politician said he has resigned his seat on London’s police services board.
RCMP charged Fontana with one count of fraud, one of breach of public trust and one of uttering a forged document in the aftermath of a probe into how his son’s wedding reception bill was paid in 2005, when he was a Liberal MP and cabinet minister in Paul Martin’s government.
QMI Agency broke the story Oct. 19 that questions were being asked about two federal cheques, totalling more than $20,000, issued to the London social club where the wedding bash was held.
 |
 |
An all-party board that oversees MPs’ spending on Parliament Hill called in the RCMP.
An 18-year Liberal MP, Fontana was first elected in 1988 and rose to the ranks of labour and housing minister in Paul Martin’s government. He’d also chaired the national Liberal caucus during its powerful heyday.
http://cnews.canoe.ca/CNEWS/Crime/2012/11/22/20377156.html
Meanwhile, as choppy political waters rock London mayor Joe Fontana locally, a charity he heads said it’s cutting ties with a tax shelter criticized by Canada Revenue Agency (CRA).
The embattled Fontana, under investigation by the Mounties for federal cheques used to pay for his son’s 2005 wedding reception, is chairman of Trinity Global Foundation.
Last week, Canada Revenue Agency announced taxpayers participating in tax credit schemes will see assessments of their claims for tax credits placed on hold. The agency is targeting taxpayers who receive tax receipts for amounts greater than the amount they donate.
CRA records show donations to Trinity stood at $72,000 in 2008, the year Fontana joined it. By 2011, it issued $72 million in receipts for charitable donations.
That same year, Simple Financial Management of London, a neighbour of Trinity Global on York St., advertised on Kijiji that Trinity investors could turn “as little as $500 into $27,000 of tax credits.”
Eleven months ago, Trinity Global partnered with Global Learning Gifting Initiative (GLGI) in a plan to distribute computer “courseware” to people needing to upgrade their education and job skills. Recipients of the courseware were to be the underprivileged and First Nations members.
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 |
The younger Fontana told QMI Agency that Trinity Global will not renew its one-year agreement with GLGI.
“We believe it’s time for Trinity to now focus its efforts on external grants and its many non gift-in-kind programs.”
The grants and programs include helping to feed hungry children across Canada, protect children from the sex trade industry and support local food banks, he said.
In court documents, CRA has called the GLGI tax shelter program a “sham” intended primarily to enrich donors, rather than help those in need.
CRA has denied more than $5.5 billion in donation claims and reassessed more than 167,000 taxpayers who participated in tax shelter schemes. A British Columbia woman, for instance, received tax receipts of $56,000 and $53,000 for a donation of $100.
“All gifting tax shelter schemes are audited and the CRA has not found any that comply with Canadian tax laws,” the agency said.
Trinity replaced Glooscap Heritage Society as a Global Learning partner.
Last month, Nova-Scotia-based Glooscap became the fourth former partner of Global Learning to have its charitable status revoked by the federal government. The CRA said Glooscap received nearly $25 million in cash and goods in 2008 and 2009, but only $900,000 was used for its charitable purposes as millions went to its promoters and GLGI.
After stories about the London mayor and his ties to Trinity, founder Vince Ciccone and its activities appeared in the London Free Press in August, Fontana and Trinity served a “notice of intended action” against the newspaper under the Libel and Slander Act.
The CRA noted this is the busy selling season for such tax shelters and warned if taxpayers are offered a tax receipt larger than the amount donated, “it is very likely not a valid donation.”
The agency suggested taxpayers seek independent financial advice if they’re considering a tax shelter.
chip.martin@sunmedia.ca
twitter.com/ChipatLFPress
An Independent View
Ted Wernham, a former member of city council, is a wealth coach who provides financial and income management advice, including how to save taxes. He operates Wernham Wealth Management in Byron, Ont.
He declined to comment on any particular tax shelter.
“We don’t participate in these schemes,” Wernham said. “In fact, we warn people about these schemes.”
The Canada Revenue Agency decision to audit participants in them “is righteous and valid.”
“The old story about something too good to be true usually is,” Wernham said. “If the motivation is greed, rather than good, it is probably bad.”
He said he worries about the effect on legitimate, long-standing charitable organizations such as Foundation London, the Salvation Army and the Poppy Fund.
“People shouldn’t think that charity has become a bad word.”
http://cnews.canoe.ca/CNEWS/Politics/2012/11/04/20330356.html
Totally in keeping with how he is acting now!
(STAY TUNED KIDS, I HAVE A FEELING THIS STORY IS FAR FROM OVER! -ED.)
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