Belinda Stronach, the former Canadian cabinet minister who made national headlines for both her political and personal life, has decided not to stand for re-election and will rejoin the ranks of Magna International Inc. (MGa.TO: Quote, Profile, Research) as the auto parts company's executive vice-chair.
The Liberal politician, the daughter of Magna founder and Chairman Frank Stronach, said on Wednesday that encouragement from the company's leaders played a part in her decision.
"My father is looking to the future, the company is facing important strategic decisions, and the Canadian and global auto sector and economy are in a period of great challenge," Stronach said in a statement.
"So I am stepping aside from elected politics for the time being and will now take part in public life in a different way."
While in the Liberal party the best she could do around globalization was focus on mosquito netting.
This shows that the good ship Liberal is leaking from all seams after electing Dion to be Captain. He relegated Belinda to the back bench, a big mistake.
And clearly internal party communications are not good, since the Liberals would not have appointed their favorite pet feminist Martha Hall Finlay to a safe seat in Toronto if they knew Belinda was quiting. Since she was the candidate in Newmarket kicked out for Belinda.
Of course with the woof and wiff of capitalist deal making over Chrysler during the past two months on could say this was a unexpected momentary decision. But clearly since she decided not to contest the leadership for the party, the writing was on the wall.
The selection of Dion as leader and his lack luster performance since then can only have hastened her decision. Whose your daddy? Well Belinda knows. Better to work for a Strong Daddy than a weak Dion.
As I have said many times Dion is the safe man, the safe choice, the third way, all which makes him a lame duck. Belinda leaving is a sure fire indictment of all the Liberals failures to change, despite Gerard Kennedy's assertions otherwise, and Dion's failure as Leader.
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