Tory! Tory! Tory! as it prevented Powell from taking control of the party. Heath had attempted to reduce the power of the trade unions but was eventually beaten by the strikers. Following the February 1974 election defeat former Health Minister Keith Joseph turned against Heath and his neo-Keynesian policies to become a champion of free market economics but lost his position and influence after his controversial "human stock" speech. Joseph's close friend and ally, Margaret Thatcher, put herself forward as the free market candidate in the subsequent leadership election and won a surprising victory. Jay met with Thatcher at a dinner where he
John Tory Jim Wilson, Janet Ecker, Chris Hodgson, Cam Jackson, Phil Gillies and Bob Runciman as well as backbench Members of Provincial Parliament (MPPs) Norm Miller, Laurie Scott, Ted Arnott and John O'Toole. Tory's opponents for the leadership post were former Finance Minister Jim Flaherty and Oak Ridges MPP Frank Klees. Tory defeated Flaherty 54% to 46% on the second ballot. When Flaherty later left provincial politics to seek a seat in the House of Commons of Canada as a member of the Conservative Party of Canada, Tory endorsed his former rival in the 2006 election; Flaherty was elected and was appointed