Quote:
Originally Posted by Fighting Banana Slug
Not to me. He has business interests in various parts of the world. For all we know, he'll spend just shy of 6 months here and 6 months +1 day there (or whatever the number is for residency purposes). All it tells me is that he has chosen a plan to save on personal tax. That is hardly a slight on the city in my view.
|
https://en.wikipedia.org/wiki/N._Murray_Edwards
"Edwards has more at stake in the
Canadian oil sands than possibly any other individual. His company,
Canadian Natural Resources, has sketched out plans to spend $25 billion to turn the
bitumen-bearing sand found in northern
Alberta into barrels of
crude oil. This media shy lawyer-turned financier also owns big stakes in
Ensign Energy, Canada's second biggest oil services company, and
Penn West, one of Canada's biggest energy trusts. He owns
Resorts of the Canadian Rockies, which owns
Fernie Alpine Resort,
Kimberley Alpine Resort,
Nakiska,
Stoneham Mountain Resort,
Mont-Sainte-Anne, and
Kicking Horse Resort. He owns shares of the
Calgary Flames hockey team. He owns over 30% of a management and holding company, Jovian Capital Corp.
[5] Edwards is Chairman of the Board of
Magellan Aerospace Corporation and the majority holder of Magellan Aerospace, owning ~76% of Common Shares."
His business profile looks almost exclusively Canadian to me. Sad to see that the guy who built his fortune ripping finite amounts of resources out of Canada turns tail and runs as soon as they ask for a little more from him.