Posted on 04/22/2005 10:51:44 AM PDT by Pikamax
Saddam invested one million dollars in Paul Martin-owned Cordex by Judi McLeod, Canadafreepress.com Friday, April 22, 2005
The Canadian company that Saddam Hussein invested a million dollars in belonged to the Prime Minister of Canada, canadafreepress.com has discovered.
Cordex Petroleum Inc., launched with Saddam’s million by Prime Minister Paul Martin’s mentor Maurice Strong’s son Fred Strong, is listed among Martin’s assets to the Federal Ethics committee on November 4, 2003.
Among Martin’s Public Declaration of Declarable Assets are: "The Canada Steamship Lines Group Inc. (Montreal, Canada) 100 percent owned"; "Canada Steamship Lines Inc. (Montreal, Canada) 100 percent owned"–Cordex Petroleums Inc. (Alberta, Canada) 4.6 percent owned by the CSL Group Inc."
(Excerpt) Read more at canadafreepress.com ...
This guy makes Kofi look good by comparison.
Just wait till Nelson Eddy hears about this.
To horse, Nelson!
Leni
Why not? Saddam Hussein is a key ally of Canada, France and Germany.
Hopefully this story will grow some legs.
The following is the declaration of assets made by Paul Martin to the federal ethics counsellor.
Public Declaration of Declarable Assets
I, the undersigned, declare:
I own:
A farm operation named Valleystream Farms located near Cowansville, Quebec, managed by a third party, which raises livestock;
Membership share in the Knowlton Golf Club and in the Mount Bruno Golf and Country Club;
529 Preference Class B shares (92.66 per cent vote) and 26,833 Preference Class C shares (4.70 per cent) of SHEILAMART ENTERPRISES INC., an Ontario incorporated holding company which owns 438,210 preferred shares (10.94 per cent) of PASSAGE HOLDINGS INC., Canada Treasury Bills and shares of Big Splash Water Slides Inc. (ceased operations - no assets);
15,028 Preference Class A shares (99.6861 per cent vote) and 47 Preference Class B shares (0.3118 per cent vote) of NELLMART HOLDINGS INC., a federally incorporated holding company which owns Canada Treasury Bills and 201 common shares (50.25 per cent vote) of Nellmart Limited, a private Alberta incorporated investment holding company which in turn owns the Plaza Building, the Dunbar and the Varsity Theatres in Vancouver, a building on Hastings Street in Vancouver, rented to the Royal Bank, opened-ended mutual funds, Government Bonds and Canada Treasury Bills;
1,155 Preference Class A (no vote), 1,508 Preference Class B (37.63 per cent vote), 1,226 Preference Class C (0.03 per cent vote) and 20 Preference Class D shares (49.90 per cent vote) of PASSAGE HOLDINGS INC., a federally incorporated investment holding company administered blindly from me under a Supervisory Agreement (copy attached), which owns directly or indirectly, shares in the following other companies:
The CSL Group Inc. (Montreal, Canada) -- 100 per cent owned.
Canada Steamship Lines Inc. (Montreal, Canada) -- 100 per cent owned.
CSL operates a fleet of self-unloading bulk carriers on the Great Lakes, St. Lawrence River and in the Canadian East Coast. Commodities carried include iron ore, coal, clinker, wheat, stone, gypsum, etc. CSL owns and operates the following Canadian-flagged vessels: Atlantic Erie, Atlantic Huron, CSL Niagara, Ferbec, Frontenac, Halifax, Rt. Hon. Paul J. Martin (formerly H.M. Griffith), Jean Parisien, CSL Laurentian (formerly Louis R. Desmarais), Manitoulin, Nanticoke, Tadoussac, Mapleglen, Oakglen and English River (managed for a third party).
CSL International Inc. (Barbados) -- 100 Per Cent Owned.
CSL International performs the commercial management of a fleet of self-unloading bulk vessels in the U.S. East and West Coast, Caribbean, Mexican Coast and South America. Commodities carried include gypsum, coal, stone and iron ore. The fleet is composed of vessels owned by independent shipowners and of the following six vessels owned by affiliated companies: CSL Atlas, CSL Cabo, CSL Trailblazer, M.H. Baker III, the Sheila Ann and the CSL Spirit.
Companies Owned Directly or Indirectly by Canada Steamship Lines Inc.:
Atlasco Shipping Ltd. (Barbados) owns one vessel which is leased to CSL International -- 100 per cent owned.
CSL Cabo Shipping Inc. (Barbados) owns two vessels which are leased to CSL International -- 100 per cent owned.
Tangshan Jinshan Marine Company (China) -- 35 per cent owned.
SBS Projects Inc. (design and procurement of self-unloading systems) (British Columbia) -- 100 per cent owned.
CSL Self-Unloader Investments Limited (holding company) (Bermuda) -- 100 per cent owned.
CSL Asia Investments Limited (Bermuda) -- 100 per cent owned.
Marbulk Canada Inc. -- 50 per cent owned.
Marbulk Shipping Inc. (Barbados) ? 100 per cent owned by Marbulk Canada Inc.
Two Star Shipping Limited (Cyprus) -- 50 per cent owned by Marbulk Shipping Inc. (Barbados).
Paiton Shipping Inc. (Barbados) -- 50 per cent owned.
PSI Bulk Shipping Pte. Lt. (Singapore) -- 50 per cent owned.
Semisub Transshippers Inc. (Barbados) -- 48.74 per cent owned.
Lati Transshippers Inc. (Barbados) -- 48.74 per cent owned.
Hull 2227 Shipping Inc. (Barbados) (owns the Sheila Ann vessel) -- 100 per cent owned.
Hull 2229 Shipping Inc. (Barbados) (owns the CSL Spirit vessel) -- 100 per cent owned.
Canada Steamship Lines Holding B.V. (Netherlands) -- 51 per cent owned.
Auscan Holding Pty Limited (Australia) -- 100 per cent owned.
CSL Australia Pty Ltd (Australia) -- 100 per cent owned.
CSL Asia shipping Pte. Ltd. (Singapore) -- 100 per cent owned.
Cordex Petroleums Inc. (oil and gas exploration and production) (Alberta) - 4.6 per cent owned by The CSL Group Inc.
CSL Equity Investments Limited -- 50 Per Cent Owned.
CSL Equity is a holding company which holds investments in real estate, ship repair and shipbuilding, cable business, as well as in other economic sectors.
Companies Owned Directly or Indirectly by CSL Equity Investments Limited (Canada)
16091 Canada Inc. (Canada) (trustee of Ontario real estate properties) -- 100 per cent owned.
16092 Canada Inc. (Canada) (trustee of Quebec real estate properties) -- 100 per cent owned.
CSL Investments (Alberta) Limited (Canada) -- 100 per cent owned -- Owns an interest in a real property in Alberta.
CSL Investments (Ontario) Limited (Canada) -- 100 per cent owned -- Owns an interest in a real property in a building in Toronto.
2599970 Canada Inc. (formerly Voyageur Colonial Limited) (Canada) -- 100 per cent owned.
Ocean Lines Limited (Holding) (Bermuda) -- 100 per cent owned.
Canadian Shipbuilding and Engineering Ltd. (Canada) -- 50 per cent owned.
CSE Marine Services Inc. -- 100 per cent owned by Canadian Shipbuilding and Engineering Ltd.
CSL Properties Limited (owns real estate interest in properties in the U.S.) (Delaware) -- 100 per cent owned.
Properties Two Inc. (Colorado) -- 100 per cent owned by CSL Properties Limited.
CSL and A, Inc. (real estate limited partnership) (Arizona) - 50 per cent owned by CSL Properties Limited
Inactive Companies Owned Directly or Indirectly by the CSL Group Inc.:
Canadian Marine Compensation Management (C.M.C.M.) Inc. (management of workers compensation claims) -- 25 per cent owned.
Canada Steamship Lines Limited (England) - 100 per cent owned.
Inactive Companies Owned Directly or Indirectly by Canada Steamship Lines Inc.:
Superior Shipping Company (1993) Inc. (Canada) -- 100 per cent owned.
CSL Marine Services Inc. (Canada) (formerly Intercan Marine Services Inc.) -- 100 per cent owned.
The Commercial Coal and Coke Company (Ohio) -- 100 per cent owned.
GLBC Inc. -- 50.196 per cent and Great Lakes Bulk Carriers Limited Partnership (Ontario) (bulk vessels) -- 49.249 per cent owned.
CSL Pacific Shipping Inc. (Barbados) (formerly CSL Ocean Services Inc.) -- 100 per cent owned.
Innovatorco Shipping Inc. (Liberia) -- 100 per cent owned.
Marbulk Shipping (2000) Inc. (Barbados) -- 100 per cent owned by Marbulk Canada Inc.
Marbulk Shipping Inc. (Liberia) -- 100 per cent owned by Marbulk Shipping Inc. (Barbados).
Eastern Power Shipping Limited (Barbados) -- 100 per cent owned by Marbulk Shipping Inc. (Barbados).
Inactive Companies Owned Directly or Indirectly by CSL Equity Investments Limited:
Oceanex Management Inc. (Canada) (formerly Oceanex Holdings Inc.) -- 25 per cent owned.
Guadeloupe Cable International Inc. (Barbados) -- 30.03 per cent owned.
Ran with fact box "The following is the declaration of assets made by Paul Martin to the federal ethics counsellor.", which has been appended to the story.
You gotta love the question mark (?) following "Barbados."
"We think Marbulk Shipping is in Barbados but we're not positive! Don't hold us to it!"
No. Paul Desmarais is Canada Inc.
Looney-Tunes Maurice Strong is 'small potatos' in comparison.
Gee .. that sounds like an Oil Company name.
So, you won't believe Martin if he says it a Pet Store/Flooring business?
I'm going to learn more about these Canuck politix.
Start with this one by Mark Steyn.
ESSENTIAL READING for all those who want to learn about Canada.
Not only that, we're also finding out just how much the media has been supporting these criminals by looking the other way.
Good catch, but if he owned enough shares, that investment could have benefitted him significantly, personally and directly.
I was thinking the same thing. And $1 million dollars is not a whole lot to invest in a company. Consider that the $1 million may be Canadian and . . .
Conservatives better get their ducks in a row over this one. It doesn't smell like scandal to me. Connecting Martin to Saddam seems a whole lot like connecting GW Bush to Andy Fastow of Enron.
WOW.
Heck with Nelson Eddy, call in Dudley DoRIGHT.
Yeah, that was it.....and I suppose from an anti-American,
socialist point of view, like say the American democrat, or
Canadian liberal, perspective.... the UN performs perfectly well.
It's all business, folks. These so-called friends and allies would sell their mother for a buck.
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