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It goes both ways. Canadians are allowed to purchase real estate and companies in most other democratic countries in the world. Unless we want to become Cuba this is the price we pay for having a good economy. We have companies that other people want.

   

There are several countries wher foriegn ownership is discouraged and in some cases not allowed.

Taiwan, Japan, South Korea, Australia...Germany, France, England Most of the countries in Europe that are in the EU have strict guidelenes as to being a foreign investor, what you can and cannot do.. Even the US has guidelines as to what you can buy.. where you can buy and what your industry is.. if you are relocating.

It just seems every square inch of Canada is for sale and we don't own anything anymore...

   

foriegn ownership laws are one of prioritis I would like to see any Canadian goverment address, but its NEVER mentioned, why no talk or debate in paliament or during elections? Most of the politicians probably have shares in these companies, there making more money, there not going to stop it.

   

And that is precisley why we have to get into politics...if we can't stop it from happening... at least make some dollars...LOL

   

Nationalism on par with what was done by Cuba is overboard. Chapter 11 in NAFTA that removes the right of the government of Canada to lawfully imposes a cap on foreign ownership is just as extreme. Neither are acceptable as they just go way too far.



It's a question best left unasked as far as the major parties are concerned. No matter what they do they will end up being the bad guy if they even ask and the whole question could then be construed as being anti-NAFTA and thus anti-business. It's not fair or right, it's just the way it is. You can't run on an issue that is both easily confused and is not of immediate importance to the people at large. A simple smear campaign will have us moving on to the next hot button issue.

   

Do some research on Walter Gordon, Trudeau and CIC. We don't seem to like protecting our nationalism either.

   

Lets bet on TIM HORTONS or am I to late .

   

Unfortunatly in the chase for the all mighty dollar, this is the consequence. Countries are losing their identities and the ones usually left hurting are the workers and consumers.

Back in the 80's and 90's it seemed every week there was news of a Japanese company buying an American company. And candidates would all run on the "made in the usa" platform. And nothing changed.

Now weve got North American workers losing their jobs as these companies move their factories to Mexico or Taiwan where some 8 yr old child goes to school for 3 hrs a day, then off to the sweatshop for 12hrs to make pennies. And the quality of the product goes to shit and for customer service/tech support you call some guy who doesnt speak english in SE Asia with pre-made responses

   

Are you kidding?

I believe only the UK invests more in the US than Canada in equity capital to the United States.

Putting up trade barriers - which is what all of you who are advocating that Canada should do - makes us poorer, not richer.

There's a reason why Intrawest began investing in the US to begin with. There is a reason why Inco began investing in Indonesia to begin with.

Canada is a small country, and their expertise at whatever business in which they operate can be transported outside of the country.

For example, Canada is a world power in mining, and Toronto is a global center for mining financing. Toronto competes only with London for global supremecy - New York is nowhwere close to Toronto. But that is because Canadian companies have developed global expertise in mining, and their financiers also become experts at raising capital from sources around the world. Do you believe that this would have happened if we'd crawled into a corner and hid from the everywhere else? No. Canada would have become a backwater hick in global finance. You don't think Canada doesn't benefit from being a world power in mining?

Canada benefits enormously by being a part of the global economy. Something like 40% of Canada's GDP is exported. You can't have it both ways.

   

I think we need a macro-economist here... But if Canada is semi-socialist, doesn't that mean that citizens would not have enough surplus to purchase equity positions in capital enterprises?

There is a major question that we even struggle with in the U.S. - who can best spend your money? ... the government or the worker?

As a conservative, I am in favor of very low taxes to give individuals more freedom to invest and own something.

   

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