Trickle Down economics is a theory that has been disproven. The wealthy invest in whatever is going to get them the best return on investment, not in what is going to create the most jobs. Canada's wealthy prefers to invest in Canadian real estate and foreign enterprise rather than Canadian enterprise. The Canadian housing bubble is responsible for a lot of the homelessness and poverty in Canada in the first place. As the cost of housing represents a large percentage of the working poor's paycheque. Just because you give the wealthy a tax cut, that doesn't necessarily mean they're going to invest in Canadian enterprise. The TSX even pre-COVID has been doing ass.
Trickle Down economics is a theory that has been disproven. The wealthy invest in whatever is going to get them the best return on investment, not in what is going to create the most jobs. Canada's wealthy prefers to invest in Canadian real estate and foreign enterprise rather than Canadian enterprise. The Canadian housing bubble is responsible for a lot of the homelessness and poverty in Canada in the first place. As the cost of housing represents a large percentage of the working poor's paycheque. Just because you give the wealthy a tax cut, that doesn't necessarily mean they're going to invest in Canadian enterprise. The TSX even pre-COVID has been doing ass.