Sabrina Maddeaux: Fix the brain drain by fixing Canada, not with a $500K exit tax

Lorne Gunter: Daft brain-drain tax proposal no answer to Liberal ineptitude

At last weekend’s Liberal Party national convention in Montreal, Partrick Pichette, a Canadian who worked for several years as chief financial officer of Google in Silicon Valley, suggested that a good way to keep talented people in the country so they benefit Canada is to charge them a tax of up to $500,000 for the privilege of emigrating.

Sabrina Maddeaux: Fix the brain drain by fixing Canada, not with a $500K exit tax

Too many Canadian retirees spend far too much wealth outside our borders. The richest generation in Canadian history, who also happens to be the most heavily subsidized generation, has long enjoyed the luxury of snowbirding in the U.S. and regular trips abroad. But in an era of unprecedented economic uncertainty and risk, we can’t afford to be sending billions to other countries each year on luxury whims.