| "People say being the money haven is a bad idea. Why? I don't really understand" This is wrong in every way. Because they are avoiding taxes elsewhere! It's point blank theft of social property that directly results in mass fraud and inequality. My gosh man. If Canadian citizens were avoiding taxes en-masse by hiding it in Jamaica, would Canadians have something to say bout it? I guess so. The excess money is not good because it's not likely to be invested wisely: building another dozen high rises does not create material value for Canada - it's a misallocation of resources. Finally - your quote about 'Vancouver being reasonable' is utterly wrong given that it's one of the most expensive places in the world relative to local incomes. (#2 'least affordable city in the world') [1] 'All of that money' has only served to make Vancouver utterly uninhabitable by the local population, which is a serious degradation of the quality of life. The fact that you would support stealing the money meant for taxation in some other nation is very problematic. [1] https://www.vice.com/en_ca/article/eve4j7/vancouver-is-the-s... |