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They’ll just make all the parts and send them to the US for assembly.
They’ll just make all the parts and send them to the US for assembly.
Unfortunately these are common in the healthcare industry. There are currently Healthcare workers who are being sued over this. Yeah, the companies may not ultimately win in court, but the workers can’t even afford to hire an attorney to defend themselves.
“The Government of Canada has announced a two-year extension to an existing ban on foreign ownership of Canadian housing. The Prohibition on the Purchase of Residential Property by Non-Canadians Act (the Act) was set to expire at the end of 2024, it will now be extended to January 1, 2027.” Between foreign investment on U.S. housing ( who almost always pay cash so are less affected by borrowing costs) and corporate investing firms, the average American Family is pretty much hosed. Allowing unchecked investment practices in housing not only significantly drives up prices, but also property taxes. It also discourages investment in neighborhoods and local culture as investors are not forced or incentivized to maintain their investments (housing) so the houses then fall into disrepair or sit empty. For example, in my neighborhood, the local elementary school is struggling to stay open due to sharply declining enrollment as there are so few families that actually live here. Its full of investment houses that are overpriced and falling apart.
And stocks are at all time highs