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Joined 3 years ago
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Cake day: September 9th, 2023

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  • Perfect so you’re team Poilievre, a political lifer who has done nothing else and has nothing to show for it over someone like Carney who became successful before entering politics?

    I’m no fan of wealthy people making themselves richer on the public dime, but I also think that setting up barriers to entry for people who have achieved success in other areas is a losing proposition in the long term.

    Of course we should have measures in place to prevent people from using their offices to enrich themselves, but to call for people to divest their portfolios as a pre-requisite could repel candidates whose experience and know-how in financial and economic matters might be of great benefit to us all.

    Liquidating portfolios is no joke, 50% capital gains inclusion to income tax when triggering a distribution is more than enough to cause someone to reconsider running for office.