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Wealth Professional | 23 Aug 2016, 08:15 AM Agree 0
Why Canada is considering making a change to its foreign investment rules
  • Murray Schultz | 23 Aug 2016, 12:42 PM Agree 0
    Morneau and his jack-boot wearing colleagues must be crazy. When poorly trained politicians lose sight of Canada's sovereignty in their desperate attempt to re-boot the Ontario economy, they do an immense disservice to Canadians. Here in Vancouver, we have seen the negative effects of too much Chinese money - much of it of dubious origin. It comes at a high cost in terms of displacing Canadians, distorting markets (including real estate) and trampling on our values and rights. There is little, if any, cultural overlap and the Chinese have no desire to assimilate - they would prefer to dominate. Morneau and his colleagues should consider consulting the Canadians who are most likely to be affected (both geographically and economically) before going begging for easy money which carries a big back-end penalty.
  • Tony Battista | 29 Aug 2016, 10:58 AM Agree 0
    Encouraging more business with China? This Morneau and Trudeau must have THEIR HEAD EXAMINED. Last week China announced the restrain of Canola Oil import due to impurities in the seeds! I wonder how much crap we
    accept from China. Do we have a department that does chemical analysis to check for toxins and impurities in imported goods? And especially from China. Isn't it enough the lesson from Vancouver and Toronto? The Chinese overinflating prices of real estate, and regular Canadians that cannot afford such high prices. This new Government is adopting a free for all approach damaging Canadians and their jobs. And as Mr. Said there is a lot's of criminal or illegal money coming this way. Of course we rightfully make a big fuss about laundered money in Canada! do we check the provenience of foreign money from China, Russia or Arab states? The Chinese interest has always been to have access to our technology, learn , steal and produce and export for cheaper. This mission should be to claim from China a balanced trade agreement not an expansion and invasion of their trade.
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