Frank Stronach: Is Canada still a business-friendly country?

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When it comes to doing business, Canada may not be as friendly as it once was.

— moved its head office to Denver from Calgary. But a lot of times, no one hears about the businesses that close up shop or quietly leave for greener pastures, often leaving behind employees without a paycheque.Article content

Meanwhile, in New York City, companies such as Goldman Sachs and Blackstone, the giant real estate investment group, are packing up and seeking a more business friendly climate in Florida.Article content Canadian businesses that were already weighed down with regulations and restrictions were dealt another blow the past two years by the pandemic and government’s ham-fisted response. The pandemic resulted in a large number of business closures and bankruptcies. Perhaps the biggest detriment many businesses faced was the climate of uncertainty. The on-again, off-again lockdowns and mandates dried up revenue and made employee retention nearly impossible.

 

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Fake narrative. Business and government aren't in opposition. You need markets to optimize supply-chain efficiency; you need govt to prevent the natural tendency of markets towards Tragedy of the Commons. Good regulations make strong capitalism.

Alberta is

Canada is a franchise, Frank. You know that.

Does the National Post ever publish anything positive about Canada?

IMO, probably not.

Only when trickle down starts trickling.

Only for foreign interests. If it’s a Canadian company, like mine, we are screwed and left to fend for ourselves while they keep burying us.

Not with the Liberals and NDP in power

Ask the Freedom Convoy folks who shut down the Ambassador Bridge costing billions in trade and jeopardized a $5B investment by Stellantis in Windsor.

If the business has ties to the Trudeau Liberals, yes. Otherwise the answer is no.

Typical. They make their fortune here and take off. When is business going to be friendly to Canada? The government bailed them out for 3 years straight during the worst crisis to hit the planet and its not enough! How much Corporate Welfare is enough?

Definitely not under Trudeau.

Small business or international corporations?

TomTSEC If it's a WEF or CCP business, sure. No other.

Amazing how many folks posting on this thread hate their own country. Truly hate Cda.

Not a chance

Ask the $82b in LNG investments that has been cancelled.

BLM TERRORISTS leaders 'we are trained Marxists'. More like self anti semetics

Lol no. It's a highly government regulated country.

Twitter files: CNN, ABC, NBC, CBS blackout coverage of Elon Musk leaks CBS News, ABC News and NBC News did not cover the story, while CNN only mentioned it once.

We have not been for years

hell no

What do you expect in a country that's run by zealots whose only concern is wokeism. A Finance Minister who's a Russian history major,a Liberal leader whose never had a real job, an Environment minister who's a convicted eco-terrorist and the list goes on.

Not if you use gas and oil to produce goods and services.

Hahahahaha are they kidding? Not since minimum wage.

Is this a joke? It isn't and never was. The proximity to the US has allowed it be lazy and inefficient.

Canada is under attack by corrupt traitors at the helm. Pedophile drag and Nazis

Nope, we're sliding into a communist hell hole.

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