What Recession. The economy, with the exception of the oil industry is booming. I've added 70% more workers in my company this year alone - and these are good 6 figure jobs - and just landed multimillion $ contracts with Telstra and RTM in Malaysia because of the Pacific deal
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I suggest if you're industry is struggling its dead anyway. No point flogging a dead horse. Look for something in a growth sector.
To be honest, I took and investment to do a spin off for 4K and HDR content processing. That company was incorporated in Delaware as I knew Mr. Potato Head would win and now I'm going to roll the existing company into it. Why would I pay Trudeau 50% corporate tax when I can go to Delaware and pay 7%. The US is open for business. Canada, and more so with Potato head at the helm, stifles jobs and investment.
The moved the Camaro out of Oshawa. Why? Its not because the workers are better or cheaper. $175 million and 500 jobs go to Lansing because of tax incentives. If you want to attract investment, you cut taxes, don't double them. If I own a business and can go anywhere in the world, I'm coming to Canada and paying higher taxes because I like the climate?
I'll also make sure I spend 6 months and 1 day out of Canada so I don't pay his 60% income tax either.
Stick a fork in Canada. Its done