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www.mua.org.au/shipping/

Canadian PM sails into troubled waters

03 February 2004

Former CSL boss Martin is now PM, but still in trouble over his shipping past, Lloyds List reports

New revelations that CSL obtained C$161m (US$122m) worth of government contracts have put Paul Martin back in the spotlight.

Centre-left opposition New Democratic Party has campaigned hard on the issue of CSL opting for Flags of Convenience, even setting up a website - www.flyourflag.ca - accusing the country's leader of lacking patriotism.

"Martin avoided Canadian taxes by putting other countries' flags on his ships," the website reads.

As well, French separatist party Bloc Québecois has seized on the issue as the theme for a series of radio "attack ads" .

Martin divested his interests from the CSL last year before he was elected by the Liberal Party as PM. He did so by passing the business over to his sons.

Lloyds List reports he bought the company in 1981, transforming it into an ocean carrier and before long was a multi-millionaire.

Canadian national crews suffered the same fate as Australian seafarers on CSL vessels, being replaced with workers from lower labour cost countries.

By flagging out he effectively avoided the Canadian corporate tax rates he is now expected to uphold as prime minister.



For further information

Contact : MUA Shipping Division
Phone : +61 2 9267 9134
Fax : +61 2 9261 3481
Email : membership@mua.org.au
WWW : http://www.flyourflag.ca


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