Canada’s navy is comprised of hard working personnel, but has been gutted over the years. To counteract this, the navy should be merged with the Canadian Coast Guard, suggested military expert Honorary Colonel Fred P. Mannix of Calgary in a recent email. He pointed out: 1. “At the end of World War II the Royal… Read More
Spent much of this morning with a crew from Global’s magazine-style show, 16×9, on the top of tax cheating by Canadians, Canada’s limp tax collection methods, Canada’s lax rules that allow wealthy persons to leave the country with their money and never pay taxes again. I was interviewed by Global correspondent Alan Carter. The piece… Read More
I occupy the unenviable position of being both a Canadian and an American citizen which means that I must file and pay taxes to each country. The Americans, and now the Australians, are the only nations that tax people on the basis of citizenship irrespective of residency. So whatever taxes I pay in Canada on… Read More
Ottawa has made a mistake by allowing the buyout of Nexen Inc. by China National Offshore Oil Corp. (CNOOC) and the buyout of Progress Energy Resources Corp. by Petronas of Malaysia.
The China-Canada trade deal and allowing buyouts by state-owned enterprises from countries like China are clearly not in the national interest nor popular.
Sovereign-owned or controlled enterprises from questionable countries have no business in the boardrooms of Canada or other free enterprise nations.
NDP leader Thomas Mulcair has had a couple of red-letter weeks. He moved into the mansion called Stornaway for Opposition Leaders, with its big expense account and Royal trappings. He got tons of attention when he recycled the “Dutch Disease” phrase to blame the booming West for the beleaguered East. ‘Clearly, the guy is way… Read More
The condo bubbles in Toronto and Vancouver are caused by foreign speculation and are making housing unaffordable and creating financial risk for the country in terms of government-insured mortgages. But there’s another issue of vital concern to taxpayers.
There are three times more condo high-rises being built in Toronto than in New York City and seven times’ more than in Chicago. This boom is not the market at work, but is manipulation by “hot money” from abroad.