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Canada is receiving so much money for investment because it is perceived as the most stable country in the Americas. But Canada just doesn't have enough assets
by nine_zeros 6y ago
Canada is receiving so much money for investment because it is perceived as the most stable country in the Americas.
But Canada just doesn't have enough assets to soak all that money up. So that money chases the few assets such as residential property stock.
Canada could legally allow all this money to be invested in startups or companies that need funding instead of passive assets. That way, the same money would be funneled to actual companies and workers, while at the same time, providing assets to all this foreign money.
Do it before America figures this out.
- 908B64B197 6y ago> Canada is receiving so much money for investment because it is perceived as the most stable country in the Americas. Because it's the easiest to get a passport from. US immigration is far more selective.