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Originally Posted by Azure
Having the US next door to invest in the CHIPS act is a massive, massive benefit for Canada. We probably can't contribute much to help that along, but if there is anything our government could have done, I hope they were involved.
But no I don't expect multi-trillion dollar investments to onshore everything.
I do expect however dealing with money laundering and criminal activity in the real estate market, as an example. And for those that think those activities don't drive up the price of housing....
https://financialpost.com/diane-fran...an-real-estate
Been going on for years. Been a problem for years. Everyone has known there has been a problem for years. Guess what the government has done for years? Nothing.
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The government in this country has been absolutely useless on this issue. I think they're scared that pointing this out inevitably gets some groups yelling "racist!", even though there is ample evidence to back up the problem.
It's been one of the most disappearing aspects of governments in the last 10 years.