Lol, for a second i thought „$500,000 to Leave Canada?“ was Canada paying Canadians to leave Canada and I thought its not a bad idea – pay retirees a lump sum of $500k to leave Canada.
--prism on
Sounds like the government should focus on policies that favor higher wages. The US has higher wages because they’re more productive and they have a high bar for immigration to ensure companies cannot side step labor market competition.
JohnAMcdonald on
So what happens if somebody pays a $500k exit tax to leave Canada on a TN Visa and then gets imprisoned by ICE in a concentration camp and kicked out by the Americans after 6 months? Crushing debt? Sounds like a bad idea to me.
Personally, I think the fairest thing would be, basically if somebody gets a bachelors in computing in Canada, this should be financed with a zero-interest loan, which will be paid off by working at a Canadian company for a period of time such as 5 years on a pro-rated basis, even if this company is not computing related. If they leave on a TN visa, they should be expected to pay back this loan out of pocket on a pro-rated basis over 5 years.
I’ll call it the „Leaving for a higher paying job in America? Pay school fees act“. This is already very similar to how things work if you work for the government and the government pays you school fees. I think that’s all very fair if you ask me. I don’t see why we should be paying to educate America’s work force. I think it’s ridiculous we educate students who brag about getting cheap high quality Canadian education how they’re going to leave for America instantly after graduation.
BlueFlob on
I don’t think it’s that crazy.
If Canadians pay to raise, educate, train, and resource someone to succeed… Then there’s an expectation of return on investment.
If that person goes away and chooses to pay taxes in another country, it seems fair that Canadians recoup some of the losses.
toilet_for_shrek on
What a stupid concept. Don’t want people to leave? **Then give them a reason to stay in Canada**.
But no, the LPC’s solution to stagnant wages and declining standards of living is to just mass-import people that are willing to put up with less. As long as Canada is determined to race to the bottom, then professionals will continue looking towards greener pastures.
brittleboyy on
Conventions sometimes involve wild ideas that are not going to make it into the platform much less government policy. This is one of those times
GiveMeSandwich2 on
Canada should focus on being more productive and increase wages plus reduce unemployment rate. If young people are struggling to find work or getting offers that pay 50% south of the border they will obviously move there.
Snurgisdr on
Was this from the same person who advised the Quebec government to make it illegal for doctors to quit or leave the province?
Why don’t we address what makes people want to leave instead. Canadian companies pay crap salaries compared to the US, if you can even find a job. We’re subsidizing degrees in fields that are already vastly oversupplied, while simultaneously allowing employers to bring in temporary workers to drive pay down even further. Stop pushing kids into STEM degrees that are going to lead to working at the Quickie Mart.
SirEblingMis on
Terrible ideal. What you want to do is that if they stay here, make student loan debt only require principal. For the length of time they keep working in Canada, gov pays interest or helps reduce monthly.
Worker tax incentive for those under 45: first 35,000 tax free.
Lots of creative problem solving to help with the brain drain and productivity issues
wet_suit_one on
This is flatly unconstitutional and would be instantly struck down.
Typical Canadian fashion, don’t fix what’s making people leave, just prevent them from doing so altogether. My family is well of so we can afford that exit fee, but if we could then why leave anyways. The only people who leave their country are those who can’t get by in it
green_tory on
500k isn’t much for those that are engaging in capital flight, and it’s far too much for everyone else.
What we need is a *progressive* remittance or exit tax. Something like 0% for the first 100k a year, with gradual steps up to 100% for over 10 million. Make it *impossible* to move large amounts of money out of Canada legally, but keep it cheap and legal for folks to send money to their families abroad.
mcgojoh1 on
Could work in a time factor into the equation i. e work so many years in Canada or owe X amount of dollars, use parents as a collateral signer so they become responsible if child skips town or doesn’t pay.
SketchingTO on
This isn’t really a proposal, Pichette is just some speaker, he’s not a policy-maker.
But it’s interesting this is an idea that’s starting to get floated in Liberal circles. They obviously recognize the current brain drain is a massive issue. Pichette isn’t wrong, we’re subsidizing very expensive education that US firms are benefiting from.
Optically it also undercuts a lot of the rally around the flag narratives that so many highly skilled workers are choosing “exit.”
Wellsy on
How about dropping taxes and attracting talent back into the country and focusing on building a more productive country? Is that such a shocking notion? This latest attempt at a tax grab is obnoxious.
Hunting rich tax dodgers should be a priority of any government, especially one that’s aiming to be the new leader of the progressive West
EDIT: a funny phenomenon I’ve noticed is that many people who agree with the „Tax The Rich“ movement are rich themselves and they lash out badly when someone *actually proposes* taxing the rich because their bit is over and they realize they’re facing real consequences now. Much to think about for some people in this thread
Several_Weight_5570 on
I have paid enough no fucking way people have to pay to leave. This will lead to civil war. This is exactly what happens when countries fail.
Ov3rReadKn1ght0wl on
This is such a Liberal elite take its not even funny. It reeks of rules for thee, not for me on top of the blatant classism and pseudo indentured servitude dynamics connected to it. They’d rather punish worker mobility than compete for our work.
Apolloshot on
You know what they say: You can’t have a political convention in Canada without some insane idea getting out to the public and creating a headline. It’s basically a small miracle when it doesn’t happen.
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Lol, for a second i thought „$500,000 to Leave Canada?“ was Canada paying Canadians to leave Canada and I thought its not a bad idea – pay retirees a lump sum of $500k to leave Canada.
Sounds like the government should focus on policies that favor higher wages. The US has higher wages because they’re more productive and they have a high bar for immigration to ensure companies cannot side step labor market competition.
So what happens if somebody pays a $500k exit tax to leave Canada on a TN Visa and then gets imprisoned by ICE in a concentration camp and kicked out by the Americans after 6 months? Crushing debt? Sounds like a bad idea to me.
Personally, I think the fairest thing would be, basically if somebody gets a bachelors in computing in Canada, this should be financed with a zero-interest loan, which will be paid off by working at a Canadian company for a period of time such as 5 years on a pro-rated basis, even if this company is not computing related. If they leave on a TN visa, they should be expected to pay back this loan out of pocket on a pro-rated basis over 5 years.
I’ll call it the „Leaving for a higher paying job in America? Pay school fees act“. This is already very similar to how things work if you work for the government and the government pays you school fees. I think that’s all very fair if you ask me. I don’t see why we should be paying to educate America’s work force. I think it’s ridiculous we educate students who brag about getting cheap high quality Canadian education how they’re going to leave for America instantly after graduation.
I don’t think it’s that crazy.
If Canadians pay to raise, educate, train, and resource someone to succeed… Then there’s an expectation of return on investment.
If that person goes away and chooses to pay taxes in another country, it seems fair that Canadians recoup some of the losses.
What a stupid concept. Don’t want people to leave? **Then give them a reason to stay in Canada**.
But no, the LPC’s solution to stagnant wages and declining standards of living is to just mass-import people that are willing to put up with less. As long as Canada is determined to race to the bottom, then professionals will continue looking towards greener pastures.
Conventions sometimes involve wild ideas that are not going to make it into the platform much less government policy. This is one of those times
Canada should focus on being more productive and increase wages plus reduce unemployment rate. If young people are struggling to find work or getting offers that pay 50% south of the border they will obviously move there.
Was this from the same person who advised the Quebec government to make it illegal for doctors to quit or leave the province?
Why don’t we address what makes people want to leave instead. Canadian companies pay crap salaries compared to the US, if you can even find a job. We’re subsidizing degrees in fields that are already vastly oversupplied, while simultaneously allowing employers to bring in temporary workers to drive pay down even further. Stop pushing kids into STEM degrees that are going to lead to working at the Quickie Mart.
Terrible ideal. What you want to do is that if they stay here, make student loan debt only require principal. For the length of time they keep working in Canada, gov pays interest or helps reduce monthly.
Worker tax incentive for those under 45: first 35,000 tax free.
Lots of creative problem solving to help with the brain drain and productivity issues
This is flatly unconstitutional and would be instantly struck down.
And no, the Notwithstanding Clause does not apply to mobility rights which are in section 6. https://publications.gc.ca/Collection/CH37-4-3-2002E.pdf
Typical Canadian fashion, don’t fix what’s making people leave, just prevent them from doing so altogether. My family is well of so we can afford that exit fee, but if we could then why leave anyways. The only people who leave their country are those who can’t get by in it
500k isn’t much for those that are engaging in capital flight, and it’s far too much for everyone else.
What we need is a *progressive* remittance or exit tax. Something like 0% for the first 100k a year, with gradual steps up to 100% for over 10 million. Make it *impossible* to move large amounts of money out of Canada legally, but keep it cheap and legal for folks to send money to their families abroad.
Could work in a time factor into the equation i. e work so many years in Canada or owe X amount of dollars, use parents as a collateral signer so they become responsible if child skips town or doesn’t pay.
This isn’t really a proposal, Pichette is just some speaker, he’s not a policy-maker.
But it’s interesting this is an idea that’s starting to get floated in Liberal circles. They obviously recognize the current brain drain is a massive issue. Pichette isn’t wrong, we’re subsidizing very expensive education that US firms are benefiting from.
Optically it also undercuts a lot of the rally around the flag narratives that so many highly skilled workers are choosing “exit.”
How about dropping taxes and attracting talent back into the country and focusing on building a more productive country? Is that such a shocking notion? This latest attempt at a tax grab is obnoxious.
Fantastic idea and in line with what many other first world, progressive countries are doing, [such as Norway](https://www.bdo.global/en-gb/insights/tax/world-wide-tax/norway-exit-tax-rules-to-be-tightened-again) and the Netherlands
Hunting rich tax dodgers should be a priority of any government, especially one that’s aiming to be the new leader of the progressive West
EDIT: a funny phenomenon I’ve noticed is that many people who agree with the „Tax The Rich“ movement are rich themselves and they lash out badly when someone *actually proposes* taxing the rich because their bit is over and they realize they’re facing real consequences now. Much to think about for some people in this thread
I have paid enough no fucking way people have to pay to leave. This will lead to civil war. This is exactly what happens when countries fail.
This is such a Liberal elite take its not even funny. It reeks of rules for thee, not for me on top of the blatant classism and pseudo indentured servitude dynamics connected to it. They’d rather punish worker mobility than compete for our work.
You know what they say: You can’t have a political convention in Canada without some insane idea getting out to the public and creating a headline. It’s basically a small miracle when it doesn’t happen.