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Sunshine Coast Small Business: A Looming Crisis?
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05-19-2014, 05:13 PM,
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RE: Sunshine Coast Small Business: A Looming Crisis?
I think you've hit the nail on the head. We're merely seeing a variation of the Hong Kong brain drain of the 80's.
With 1997 looming those that had money, blood relations in Canada or qualified through other schemes emigrated to Canada in droves. Some bought businesses they knew they weren't qualified to run - but considered it the cost of getting a new passport. It was money down the drain to them. They put in their 3 years (actually most didn't. They'd fly in, get their passport stamped, travel to Seattle, fly out and return to Canada via Seattle - while appearing to stay in Vancouver to meet residency requirements) got their Canadian passport and headed straight back to HK to pick up where they left off. There was little commitment to Canada or the business they had bought. While selling to a Mainland buyer might be a relief to the business owner selling, there will be little benefit to the Sunshine Coast community over the long term. The Golf Club will likey be okay as I believe this is a consortium buy and a business investment - not an individual looking for a passport. |
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Messages In This Thread |
Sunshine Coast Small Business: A Looming Crisis? - by Skook - 03-31-2014, 01:32 PM
RE: Sunshine Coast Small Business: A Looming Crisis? - by JimmyWW - 04-01-2014, 07:32 AM
RE: Sunshine Coast Small Business: A Looming Crisis? - by Skook - 04-02-2014, 09:31 AM
RE: Sunshine Coast Small Business: A Looming Crisis? - by JimmyWW - 04-02-2014, 01:27 PM
RE: Sunshine Coast Small Business: A Looming Crisis? - by JimmyWW - 04-06-2014, 03:56 PM
RE: Sunshine Coast Small Business: A Looming Crisis? - by georgie girl - 05-04-2014, 09:30 PM
RE: Sunshine Coast Small Business: A Looming Crisis? - by BGW656 - 05-19-2014, 05:13 PM
RE: Sunshine Coast Small Business: A Looming Crisis? - by Skook - 04-12-2014, 07:07 PM
RE: Sunshine Coast Small Business: A Looming Crisis? - by JimmyWW - 04-14-2014, 04:30 AM
RE: Sunshine Coast Small Business: A Looming Crisis? - by RFM - 06-14-2014, 06:01 AM
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