And speaking of K C Irving, when Pierre Trudeau’s government introduced capital gains taxes in about 1972, the Irving family relocated their business and assets to the Cayman Islands in order to get away from the taxes.
And they haven’t paid any since... But they sure do benefit... Receiving tens of millions from the provincial government for various ventures and over 30... Make that 40 billion for a federal government ship building contract. And they built all the current frigates as well... They have received tens of billions in taxpayer money and they haven’t paid a cent towards taxes since then. Too funny.
But hey, as they always say... They employ lots of people in mid to minimum wage jobs, and under pay professionals to the point where they import them from foreign countries to get their oil and lumber to foreign markets. Thank god for the Irving’s... What would Atlantic Canada and the eastern United States do without them?
Well known fact... They support the Liberal party more than the Conservative party. Funny how the super rich are always so liberal and prefer socialism and taxes... Because they never pay any.