Michael Graydon, the CEO of Food, Health & Consumer Products of Canada, didn’t hedge or soften the message. He told MPs, “23% of our members expect to exit products from the Canadian marketplace within the next two years, because the cost of doing business here has just become unsustainable.”
Can they tell us which ones, so we know what we need to stock up on?
Yep. Creating a good investment environment for business is much like tending a garden. You can’t let it get overgrown with weeds and thickets of thorns. It doesn’t matter how good the fruit trees inside the garden are if you risk a death by a thousand cuts and weeds choke out valuable produce.
In Canada, a business has to deal 3 levels of government that are hostile to business (unless the businesses are politically connected to the ruling class) through high taxes and insane permitting and regulations. You’ll likely have the provide kickbacks to greasy Canadian politicians and bureaucrats.
Then you’ll have to deal with indegenous leaders who basically have to be bribed to allow development. Next come unions who annually shut down ports, railways, etc. preventing supplies and products from reaching their destinations in a timely manner. Don’t forget the environmental organizations that will drag everything into courts where woke, politically appointed judges will almost always rule against development. If you manage after a decade or so to get something built, the taxes will bleed you dry and the government’s rules change unpredictably. Now, after the BC case, you aren’t even sure you’ll own the land title where you built your business. Canada s constitution will provide no protection because of it’s truly awful design.
Weeds and thorns everywhere. They’ve become so out of control and entrenched that there’s no safe pathway to productive investment in Canada. Frankly, it would be easier to raze the entire garden and start anew. At least it would be for a couple of prairie provinces…
LC, you nailed it. Normal people will agree with you, others not so much
The new federal government slogan that “Canada has what the world wants” sounds good but the reality is that Canada has made it all but impossible to invest in this country. Unless you have a direct political connection to the ruling class and/or lots of money to bribe them, you have a low chance at success of building anything. Why spend billions to navigate the gauntlet of the Canadian business environment when you can invest those billions in a country that isn’t insane?
You are bang on, I get such a kick out of talking heads, politicians and the like mouthing the words “critical minerals”. They have no idea what they are, what they are for, and dream we can just produce them. If you offer me $1 now, or all the sales revenue from them in the next 10 years, I’ll take the $1. Easy money. Shithole.
I’m waiting for the moment one of the politicians using the term “critical minerals’ gets asked to explain what is critical about these minerals and how they get made into a usable product.
Yes, Yes and YES!
When the elbows up morons are the majority they are, by definition, the “normal” people.
Canada will have to crash and burn before anything changes.
“Canada s constitution will provide no protection because of its truly awful design.“
I’ll have you know that “constitution” works exactly as designed.
What you see isn’t a flaw, it’s a feature, and it gives the state all the protection it desires and then some.
Any protection afforded the people is by mere coincidence when our need coincides with their desired outcome.
However, I have heard that term “unsustainable” being used more often when one of the expert class openly offers their wisdom to the government. It appears there is a pattern developing.
The Canadian Constitution only protects federal government power. Every “right” can be suspended by government edict and the prime minister appointed Supreme Court justices will either refuse to hear the case or will rule in the Liberal government’s favor. Ditto for the federal government taking over provincial jurisdiction.
The Canadian Constitution isn’t worth the paper it’s written on, it’s a garbage document. Since it’s impossible to reform due to the amending formula, it is actually easier to separate from Canada that to change the status quo. Frankly, a new country creating a new constitution and system of government would be far superior. Pretty sure Alberta and Saskatchewan could create a far better design than what Pierre Trudeau and central Canada have created.
The government, ALWAYS sides with the government.
and entirely agree with your comments above.
The fastest way to NetZero is to eliminate all economic activity. Way to go liberals!
Not a better time than now for Alberta and Sask to skedaddle.
Let’s just face reality, with the current Federal Government “the Lying LieBerals” headed by the Consortiums that put Carnage Carney as the mouthpiece leader will not even notice their closing shop!
Think about this, since Carnage Carney has been elected the food prices have risen 20%.
Items costing $5.00 is now $5.20.
We did get a raise of in our Pension from the Federals = $1.57 per/month starting in July!
Price in your example should be $6.00 not $5.20, but you’re point is 100% correct.
Go back to 2020 when Carnage started advising Blackface…that item would have been nearer $3.50.
Thank You.
Even that mindset needs to change. You got nothing from the federals, save $1.57 per month less taken. The government cannot “give” anything, all the money they have was first taken from a taxpayer.
Canada’s Central Planning future.
“If you’ve ever seen the 1980s movie Brazil, you know it’s a must-watch.
It just shows government departments run amok.
Paperwork isn’t a byproduct.
Paperwork IS the product.”
https://youtu.be/DAqAkyCdVOA
Don’t expect anything to change.
We live in a One Party State.
We’re on Auto-destruct mode.
It’s been the Liberal Deindustrialize Plan ever since 2015 when the Cantada’s first gay negro prime Minister went with 382 other Shitheads to Paris for COP 21.
Command economy combined with retroactive law making.
Guaranteed to inspire confidence.
And then the lawfare inflicted upon any who protest.
Oh Can Ahh Duh.
I’m sure the new “Plastics inventory” that every company that sells in Canada now has to regularly send to the government will help things along.
The spaghetti factory now has to catalog and report on every plastic window on the spaghetti boxes sold. Another government cost to business, and how many new bureaucrats to run this scam?
How many non-Canadian companies will also no longer bother to do business here.