Occupy Canada: Protesters Planning 'Large Impact' Event For Monday Stock Exchange Opening

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First Posted: 10/16/11 08:37 AM ET Updated: 10/19/11 04:31 PM ET

TORONTO - After spending their first night camped outdoors in protest, Canadians who gathered to decry corporate greed and social inequality used Sunday to hammer out their action plan for the coming week.

GALLERY: OCCUPY CANADA PROTESTS

Many taking part in the Occupy Canada movement braved crisp autumn weather to spend the night at parks in various cities including Toronto, Halifax, Montreal, Edmonton and Vancouver.

As the sun rose over protesters camped in Toronto's St. James Park, one demonstrator said the day would be spent making decisions via consensus.

"Today's going to be a major day for planning a large impact for Monday as a demonstration for (when) the Stock Exchange opens," said Niko Salassidis, a 20-year-old who set up the Occupy Toronto Facebook group.

"We plan to make a very large statement."

The Occupy movement, which began peacefully in cities across Canada yesterday, was inspired by the month-long Occupy Wall Street protest south of the border.

Demonstrators are speaking out against what they see as a corporate system which favours a wealthy elite but disregards the masses, or "the 99 per cent."

Salassidis said the details of next week's actions would be spelled out in a general assembly planned for later in the day. Protesters in Toronto plan to march through the city's financial district as it comes to life Monday morning, he said.

The protests across Canada have been orderly so far, marked by cordial relations between police and demonstrators — a sharp contrast to the riots that erupted during last year's G20 demonstrations in Toronto and following Vancouver's Stanley Cup loss in June.

"The Toronto police department is starting to prove themselves," said Salassidis. "I don't think anything's going to happen at all, they're very nice."

In Edmonton, protesters had initially been on edge as rumours circulated that police might clear demonstrators and their tents from their downtown camp site late at night but no action was reported.

GALLERY (STORY CONTINUES BELOW):

Local demonstrators had more pressing issues as they tried to secure porta-potties for the camp.

"Right now, we're worried about short-term problems," said Bryan Hyshka, 21, a volunteer at the camp's food tent.

The web designer added many of the protesters had to be at work on Monday, so it was unclear how many would be available to continue the protest during the week.

"Personally, I'm planning on staying until Monday. After that, I'll be back and forth during the week."

It was a similar situation in Halifax where it wasn't known just how long protesters gathered in a downtown park would stay on.

"We're not going to put an end date on it. We're just going to see how it goes," said 25-year-old demonstrator Ryan McKenna.

"We want to build a little community here and we want to engage and experiment in direct democracy."

That experiment has already come with some growing pains as the leaderless Occupy movements across the country find their feet.

Protests in various cities spent much of Saturday schooling participants on the movement's general assembly meetings where decisions are made by consensus.

The demands being voiced under the umbrella of the Occupy Canada movement are numerous. While many have been calling for a stronger economy and more jobs, there have also been demands for stronger environmental standards, less privatization of health care and opposition against local projects.

The demonstrators are just as varied as their demands. Occupations in Halifax, Montreal, Toronto and Vancouver have featured a melange of youth, seniors, activists, families with young children, union representatives and even some pets.

The Canadian turnouts were part of a series of global rallies sparked by the movement that began in New York.

That international element is a significant factor, said one Canadian observer who pointed out that despite its vague and sometimes contradictory demands, the Occupy movement called attention to the volatility of the global economy.

"I take this movement quite seriously," said Queen's University finance professor Louis Gagnon. "I think it's an opportunity for us all to think very, very hard about what is happening."

Given Canada's stronger financial record in comparison to the United States and debt-ridden parts of Europe Gagnon didn't expect the protests to have the same traction as they could south of the border.

Still, he warned that Canada would not be immune to the economic problems plaguing other countries in the age of global trading and said governments and corporations would do well to listen to the most basic concerns of those protesting.

"It will not take very long for all of this to hit our shores," he said. "There's no need for a brand new economic system, nor do we have any alternative, but we need collectively to reflect on what is going on and seek to make improvements."

As protesters vowed to make their voices heard loud and clear when markets opened Monday, Gagnon said he thought political leaders, banks and business leaders would be paying attention.

"You can't ignore people, you have to be sensitive to the issues with which they are confronted, especially at this juncture because we are having difficulty, the economies of the world are showing signs of further weakness."

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TORONTO - After spending their first night camped outdoors in protest, Canadians who gathered to decry corporate greed and social inequality used Sunday to hammer out their action plan for the coming ...
TORONTO - After spending their first night camped outdoors in protest, Canadians who gathered to decry corporate greed and social inequality used Sunday to hammer out their action plan for the coming ...
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12:12 AM on 10/17/2011
Everyone has an opinion. Everyone wants to be heard. In this case I would say let your money do the talking.

Ask yourself if you have the guts to withdraw every penny from the market. Further, ask your pension managers to do the same.

Camping out is a great thing to do but in todays age, the internet is the most powerful tool we have at our disposal. What say ye. Do you have the courage to hit "them" where it will hurt the most. ( sure it may hurt you short term )

I would say, 60 days out of the market till such time as agreed upon conditions are set. For me there are a few which relate to the market.

1) Not being able to use my money/shares without my consent - they do that you know

2) No naked short selling and a reexamination of short selling in itself

3) Oil / foodcommodities should not be traded as speculative bets.

3) Overhaul of market securities legislation with substantial penalties applied to those that break rules.

You ready to rock this world ? This is the chance.

* Dr. King told the crowd that the only way they could fight back would be to boycott the bus company.On the morning of Dec. 5, the African-American residents of the city refused to use the buses

Do we have the guts to take a walk ? Rosa Parks had the guts and she was a little lady who stood
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Counterintuitive
We'll steer by the beacon of our 100 year forecast
11:39 PM on 10/16/2011
I like the fact that this isn't a single issue protest. With Peak Oil, Climate Change, and Science Denial, the issues are too complex to get boiling down into a single focus. Instead we need dialogue to generate the strategies for tomorrow. So I guess I see these protestors as futurists.
07:12 PM on 10/16/2011
This is the most pretentious and pathetic of all the protests that have happened recently. People feel entitled to jobs, benefits, pensions, etc. I had to work a year in my job before I was given benefits. These people think that sitting on the street in mass numbers will guilt the Man to hand out pay increases. The gap between the rich and the poor won't close because of signs and chants. It'll close when people vote in the right people. At the heart of the matter is legislation. Don't blame the fat cats; blame yourselves. I wonder how many of these people voted in the recent Ontario election. I wonder how many consume the products made by the companies run by the very same CEOs they're antagonizing now.

If you want change, vote at the ballot AND at the checkout. "Fair share" is b.s.

"Me want what big banker has! wahhhhhhhh wahhhhhhhhhhhh."

And no, I'm not a banker. I'm in the lower middle class at best.
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12:44 AM on 10/17/2011
No need to get indignant. Make your point and leave it at that. The protest is not about having what a banker has. Not sure where you got that idea from. The protests are about more than one issue, but over all it's about inequality, and money over people. I wish voting in the right people was that simple, but it is not. Nobody gets into politics that is not out for themselves. The kind of personality it takes to get into politics is selfish, and egotistic at best. At worse they are megalomaniacal, greedy and deceitful. If person is truly nice, honest, caring, unselfish, philanthropic, modest and humble, they would never get near politics. So the choices on who to vote for are limited to the lesser of evil.
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bigmovieman
living free without the 1st and 2nd amendment
05:24 PM on 10/16/2011
Sorry to double post, I'm on the iPhone app so commenting is a pain in the butt.
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bigmovieman
living free without the 1st and 2nd amendment
05:21 PM on 10/16/2011
I think the whole heart of this movement is protesting our "want" based society when there's people without basic "needs." This is true in every society. Do we really need those huge mansions and expensive cars? No, so the rich are really just trying to defend their selfishness and expensive tastes. And the 99ers are just brainwashed with hopes and dreams that they can be there two.

The one thing I'd ask though is how many of these protesters actually would hold their beliefs if they suddenly happened to make it big...
HUFFPOST SUPER USER
Good to know
04:55 PM on 10/16/2011
Yes, we are blessed - but the gap is closing quickly -

If you'd like to see the future go to: www.theplaceswelive.com - so why wait until we are also working 15 hours/day for nothing or getting shot in the streets? Is it not better to begin peaceful dialogue now? What is wrong with asking our governments to regulate the corporate greed? Corporations have managed to acquire rights but not responsibilities. If they refuse to act in an ethical manner then we must demand that government regulate their behaviour.

It is time to demand that politicians represent the people's, not the corporation's, best interests.
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HUFFPOST SUPER USER
Whistlejackett
Hey stop doing that
04:54 PM on 10/16/2011
I can only approve air bombing, no boots on the ground please.
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HUFFPOST SUPER USER
Charles the Great
Canadian/Israeli Goy in Alert,Nunavut
03:16 PM on 10/16/2011
Oh really these people think they are deprived:

Tell this to people in the third world your deprived while having you $800 phone

Tell people in communist nations to 'occupy' and demand change they will be shot in the streets

Tell people in the Middle East your deprived. When these people work 15 hour days and get nothing

Tell people in Iran( who government openly supports the 'occupy' movement) to ask their government for change, well they were shot in the streets too.

If you want to live a good life and have a good income you have to work for it.

If you want money you have to work for it. Also I wonder how many of these people have a computer or $800 phone . If they can get either one of the two then you are not deprived and just ask people from third world nations how 'bad' you have it. They would be saying "your joking?"
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Rational Thought Plz
Is the Micro Bio Half
03:24 PM on 10/16/2011
I see the point you are "trying" to make, but ever looked up the data for how many people in China have similar cell phones? Or that the Arab Spring was pretty much driven by cell phones?
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Charles the Great
Canadian/Israeli Goy in Alert,Nunavut
03:45 PM on 10/16/2011
No it was not. In the Middle East people most people only made $300 a year most people could not even read or write( a large majority of people in Egypt this is the reality) . Also they had no elections, they were ruled by dictators who could care less of what the peoples needs are. In Canada we had elections in May and yet these people did not even vote for what they wanted. The people in Canada get to choose their leadership unlike in many nations around the world can not

Also China another nation that is ruled by a one party state is no different. But all these people are asking is for what these people who think they are deprived and they are not( just ask people who come from these nations) know we have it good. If these people can protest without even being shot in the streets, can buy things they need in stores without a shortage (most people in third world nations can only dream of this) then these people are not deprived of anything.
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HUFFPOST SUPER USER
stopgeorge
Paper Ballots WORK. Unverifiable e-voting doesn't
03:43 PM on 10/16/2011
The fact is -- you have to work a heck of a lot harder these days than you did in the previous generation if you want to get any sort of decent income.

The fact is -- the middle class is fading away, rapidly. And the rich are making exponentially more than what they were making 20 years ago.

It has nothing to do with "working hard". It has everything to do with the rules of the game being changed. And people are now fed up with it!
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HUFFPOST SUPER USER
Charles the Great
Canadian/Israeli Goy in Alert,Nunavut
03:51 PM on 10/16/2011
I wonder why the Rich are Rich. The reason they worked hard for their money
03:00 PM on 10/16/2011
The Liberal government in BC has been busy for ten years adding to our provincial debt with P3's. Mainly mega projects supporting private contractors (American ones to) making huge profits at the expense of little taxpayers. We have no control over this massive spending spree and I do not want this debt put on me and my kids and their future offspring. Corrupt corporate loving governments is the biggest problem of our time and this is the issue front and center.
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dbrett480
02:29 PM on 10/16/2011
Does the "other 99%" slogan actually apply in Canada? I thought they had much more equality in wealth distribution than the US.
02:51 PM on 10/16/2011
While the income gap between the rich and the poor is currently smaller in Canada than in the US, a recent study has shown that our gap is increasing faster than yours. In a short period of time our gap could well be larger than theirs.
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HUFFPOST SUPER USER
Charles the Great
Canadian/Israeli Goy in Alert,Nunavut
03:52 PM on 10/16/2011
The 99% does not even care about the left's pet project
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HUFFPOST SUPER USER
Brian Gorrell
Is this the 1950's or what?
05:26 PM on 10/16/2011
Go to bed Chuck.
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HUFFPOST SUPER USER
Charles the Great
Canadian/Israeli Goy in Alert,Nunavut
06:09 PM on 10/16/2011
really? I forget freedom of speech is only for the left and not for anyone else
02:08 PM on 10/16/2011
There needs to be a financial transaction tax so that the banks that caused this mess can help pay for it.
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HUFFPOST SUPER USER
SayBlade
This micro bio intentionally left blank.
05:37 PM on 10/16/2011
Something that has been floated in several countries is the Tobin Tax which would pay for vitals such as social assistance programs, disability needs, ending poverty and cleaning up the environment It would not cost the taxpayer a dime. These are tiny taxes .05% to as low as .01% on speculative transactions only and would generate billions. One recent campaign for the tax in the UK is the Robin Hood tax (link below) which is explained very clearly on its site in the four videos. The problem is getting the international governments to get on board and implement it. The thinking we hear from our political leaders is that government spending is out of control and so the most vulnerable programs are cut first. It's like saying that you are hungry and undernourished so you should eat less in order to be healthier and stronger.

http://en.wikipedia.org/wiki/Tobin_tax
http://robinhoodtax.org/
01:29 PM on 10/16/2011
Keep up the great work. If you don't have a job , get an Occupation.
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Charles the Great
Canadian/Israeli Goy in Alert,Nunavut
03:18 PM on 10/16/2011
If these people want a good income then they have to work for it. Please tell people in the third world that these people are deprived when they get nothing
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HUFFPOST SUPER USER
SayBlade
This micro bio intentionally left blank.
05:44 PM on 10/16/2011
Most of these people ARE working people who work hard, doh! We are tired of busting our butts and seeing our wages go down. So what is it CTG? You want to see incomes decrease in North America just so that people in third world countries can get more? NO! It doesn't work that way. They will still get less and every body loses except for the speculators whose transactions end up impoverishing people everywhere, stealing their livelihoods and sometimes their lives, too. Working people, small businesses and self employed people are tired of this c r a p that was supposed to "trickle down" from the very rich and instead they have held on to it.
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HUFFPOST SUPER USER
Charles the Great
Canadian/Israeli Goy in Alert,Nunavut
06:07 PM on 10/16/2011
Wow! you have a small business you want it to be successful you have to work on making it that way
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logicanada
Blogger, radio co-host, writer, editor, voice-over
01:19 PM on 10/16/2011
While interviewing people in Edmonton I asked each subject if they felt the majority of Albertans are denying corporate greed because of the flourishing economy here. Surprisingly, many of these attendees were doing quite well in life but can see and hear the whisper of the coming revolution and agree with the movement.
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HUFFPOST SUPER USER
SayBlade
This micro bio intentionally left blank.
05:45 PM on 10/16/2011
Very wise they are. They know what's coming if they don't do something now.
HUFFPOST SUPER USER
logicanada
Blogger, radio co-host, writer, editor, voice-over
01:14 PM on 10/16/2011
So Mr. Harper. As one who loves to follow US trends, how do you like it when the 99% do likewise ?
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Dhammi
Veritas Vincit!
01:06 PM on 10/16/2011
If you still have money in these huge crook-run 'institutions' get it out and put it where it's safe. Then get out there and gather. The world is watching.