Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: Canadian billionaire Jim Pattison warns that recent policy proposals to tax the wealthy may lead to investment fleeing Canada, and make it harder to tackle current labour shortages.

Source: BNNBloomberg.ca – video report

Date: Sep 17, 2021

Link: https://www.bnnbloomberg.ca/jim-pattison-warns-wealth-tax-will-lead-to-canadian-capital-exodus-1.1653262

?Questions for discussion:

  • What are the arguments surrounding taxation of wealthy individuals?
  • Are there limitations to taxation?
  • How would excessive taxation on wealth affect economic activity, according to the report?
  • What are your views on the debate?

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