Great article in the National Post by John Ivison about a Vietnamese family that fled communism to now have their property expropriated and redistributed in Canada.
TLDR: The Nguyen family left Vietnam in the 70s when the communists took over. They rebuilt their lives in Canada and started a fishing business. They struggled for decades but the business eventually became successful. Now the Canadian government (Department of Fisheries) is stepping in to expropriate 75% of their quota and redistribute it to local First Nations and their own employees.
I sent this article to all my Canadian Real Estate truther friends who keep piling all their net worth into real estate. If they will take your fish, what stops them from taking your rental properties?
Sats for all,
GR