Canadian Retail Thread

[Nite]

Originally Posted by whatnext

Canadians should be outraged that we even allow this kind of thing:

How can the owner of three B.C. malls and a mansion not be 'a resident of Canada for tax purposes'?
Opinion by Douglas Todd • 1w

A Canadian court case has provided insights into the convoluted world of the trans-national rich.

Weihong (Ruby) Liu — who has acknowledged she was a leading member of business organizations in China created by the Communist Party to advance the government’s agenda — now owns three shopping malls and a golf course in B.C....

....Documents Liu provided last month to the Ontario Superior Court , first brought to light by journalist Bob Mackin, confirm she is not a citizen of Canada.

Instead, when Liu was required under B.C.’s new transparency register to list all of her “countr(ies) of citizenship / permanent residency,” she answered with only one: “China.”

China does not officially allow dual citizenship. Liu once told a Times-Colonist reporter she is a permanent resident of Canada, and her daughter enjoys living here. But the court documents do not mention any immigration status in Canada....

https://www.msn.com/en-ca/news/canada/ho...elemetry=1&renderwebcomponents=1&wcseo=1

Why should Canadians be outraged about non-Canadians owning commercial properties???