Quote:
Originally Posted by misher
Honestly we’re a capitalist nation. Let’s say citizenship of someone age 30 costs us around $200,000 throughout their lifetime. If they give us $500,000 why not give them citizenship? It’s a win win. Plus you get someone with money to burn in our economy.
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It is not a win because of the harm done in other areas, particularly housing costs. A jurisdiction in which local wage earners cannot afford to live is doomed to eventual failure.
The example given in the CBC/RadioCanada story was the woman from China who declared something like $70 income on her tax return and yet owned a multimillion dollar house in West Vancouver!
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