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The metaphorical "giant sucking sound" captures the essence of this trend — Canadians, both individuals and businesses, are choosing to relocate their wealth across the border. Why would Canadians, who expressed political frustrations during their recent federal election, seemingly turn a blind eye when it comes to their personal financial interests? Many are acting out of a desire to safeguard their futures amid what they see as poor economic management at home.
Troubling Political and Trade Policies
The roots of this capital flight can be traced directly to Ottawa's policies, which many perceive as misguided and detrimental to Canada's economic stability.