Sunshine Coast Small Business: A Looming Crisis?

[georgie girl]

(04-02-2014, 01:27 PM)JimmyWW Wrote: I blush, sir Skook - but thanks anyway. Of course, the big difference between the two countries is the functioning primary manufacturing/extractive industries economy in Canada, better immigration controls, lower debt and deficit levels and an absence of overdependence on financial services. So overall I would expect the impact to be less pronounced. I am of the view, by the way, that the UK government very narrowly avoided complete economic collapse in 07/08 - so saying that the impact will be less pronounced is arguably saying less than people might think.

Let's see what happens!

Jimmy

(04-02-2014, 09:31 AM)Skook Wrote: Excellent post, Jimmy. Thanks for sharing this anecdotal evidence because like you I think it illustrates what is likely to unfold here; and I, think it is now underway.

...

So, Jimmy it looks like Canada is well on its way to mirroring what occurred in the Britain after the 2007-2008 financial crisis. Thanks for drawing our attention to the future. I think your $0.02c worth has jumped substantially in value.

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so we have a reported sale of small businesses of between 15-30 sold since january to off shore individiuals from China....Sechelt Golf Club, large land deal in Tuwanek and any number of small businesses which is the Federal government program of doing this allows you to enter Canada....not sure of details but i have heard the business must sign a contract and offer to train for a year.....buyer must run business for 2 years and then walk away....its a way to get into Canada..these by the way are just what i heard and not official....i have a list personally of 10 businesses....a friend of mine told me she could not sell to the Chinese who are coming in droves to the Sunshine Coast because the business had to be in existence for 5 years.....So what does this mean>>>>problem here is their is no knowledge outside of Sunshine Coast that it exists.....zero marketing... Lots of talk of building bridges, tunnel etc....but i have been in ad agency business for 30 years and see nothing going on to attract people.....will the chinese stay on the coast? or simply leave after required time period and go to Vancouver and Richmond.....Real estate is depressing....i see no catalyst for improvement...welcome comments