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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Canada: Sovereign wealth fund tax

Posted on 10 September 2010

From Theprovince.com: Canada is a country extremely wealthy in natural resources that are in demand around the world. We are seeing many of these resources being bought up by foreign nationals with sovereign wealth funds from their own countries. Look at how many companies China has close to controlling shares in.
Canada should have a sovereign wealth fund tax on all resources. These funds could then be used to keep Canada what it is. Some people may say it cannot be done. But look at how our banks seem to be able to make billions in profit every year from their investments……………………………………….Full Article: Source


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