Quote:
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. |
In that case I agree. Eliminating fraud and money laundering would probably help keep prices more reasonable for people to live, especially in Vancouver/Toronto.