Red Tape, High Taxes Deterring Billions in Foreign Investment: Poilievre

Red Tape, High Taxes Deterring Billions in Foreign Investment: Poilievre
Conservative Leader Pierre Poilievre (C) speaks to reporters at a press conference in Mississauga, Ont., on Oct. 30, 2022. He is accompanied by his party's deputy leader Melissa Lantsman (L) and finance critic Jasraj Singh Hallan (R). Omid Ghoreishi/The Epoch Times
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Canadian industry has lost hundreds of billions worth of investment funds to red tape, which is the greatest barrier to attracting foreign investment, says Pierre Poilievre, while noting the country has to reform its tax system to retain the workforce that investors and businesses need.

Speaking to reporters on Oct. 30 at his first press conference as the Leader of the Conservative Party, Poilievre addressed a question about how Canada can attract more affluent investors from around the world.