Wednesday, May 18, 2011

Jump-starting the Canadian Economy

Jump-starting the Canadian Economy

The Canadian population is dwarfed by its geographic vastness. When one considers major global economies like Brazil, Japan, South Korea or perhaps Singapore, and their relatively small land masses, you quickly realize that people and a strong national vision are what create economic success.

Canada is blessed with natural resources, geography, democracy (for the time being), stable financial markets and an educated mass. The two things holding Canada back appear to be national unity and Masonic corruption.

So how could we jumpstart the Canadian economy and position ourselves to become a major contender on the global stage? The reality is that wealthy Americans are exiting their collapsing economy, Asian wealth is looking for new economic opportunity, Middle-East capital may be looking for a new home and our Europeans ancestors may be tiring of the political unrest.

The answer is a one-time citizenship lottery - target 2012 to see an influx of one million new Canadian citizens. The timing could not be better. The criteria should include a) a minimum net worth of $1,000,000, b) 20% of the candidates must be professionals (i.e. doctors, scientists, engineers etc.) and c) candidates must be willing to forgo any social assistance for the first two years (exclusive of healthcare).

The second idea would be to provide foreign or domestic capital investment a corporate tax exemption for the first five years. This would apply to an individual or corporation who would provide new industry to Canada or revive industry that has perished through globalization (i.e. electronics, appliance, apparel, furniture industries to name a few). New and innovative ideas, services and/or processes would be subject to the same exemption. It is time to move silicon valley northward.

It could be that easy. 1,000,000 people multiplied by a minimum of $1,000,000 of net worth equates to $1,000,000,000,000 - TRILLION DOLLARS. For example, a family of three would require a net worth of $3,000,000.

Thank you,
Joseph Pede

1 comment:

kbbb2 said...

Hi, I randomly came across your blog, you have an interesting writing style and cover some thought provoking topics. Why do you advocate not donating any money to charities though?