@KirkLubimov To be fair, our birth rate is like 1.40 she immigration is not only important, but imperative. I think the deeper issue is quality of immigrants which this may be addressing.
@MarkJCarney Good luck building βthe strongest economyβ while pursuing an agenda of regulations and taxes. Why would a multinational choose Canada over US rn, all else being equal? Only answer is the Canadian peso which presents its own problems.
@Tablesalt13 We cap their tuition and international students are their only way to stay above water. What money do you suggest they use to build student housing?
@TDotResident Youβre misinformed. Larry will take I come through a corporatation and invest in assets through that corporation. If he sells those assets to fund his retirement, or his daughterβs wedding, every cent of profit will be taxed at 67% inclusion rate.
@maxfawcett@gcosteloe Every single successful lawyer, accountant, doctor, dentist, tradesman, real estate professional, architect etc etc will be meaningfully impacted by this change. It hurts every successful entrepreneur in the country - while productivity suffers.
@luvcaffeine Theyβre going to hold that investment in a corporation to protect their lives from getting ruined by some unknown liability. So every dollar of gains will be taxed at the higher rate.
@Tablesalt13 Me, forsure. But I agree most people are better off paying down their mortgage balance in this rate environment. Deflationary - fiscal tightening in nutshell!
@BestStephenD Companies will always sell products for as much as they can to optimize for shareholder value. The reason they can charge more today than three years ago is because there is three times as many dollars in circulation - due to an increase in money supply.