Starting Magna today would be impossible: Frank Stronach

Frank Stronach, founder of Magna International, joins BNN Bloomberg to talk about Canada's economic, fiscal and investment climate. He discusses the challenges attracting and retaining investment in Canada, as well as why changes to the tax code to eliminate loopholes is critical.
Subscribe to BNN Bloomberg to watch more videos: / bnnbloomberg
Connect with BNN Bloomberg:
For the latest news visit: www.bnnbloomberg.ca
For a full video offering visit BNN Bloomberg: www.bnnbloomberg.ca/video
BNN Bloomberg on Facebook: / bnnbloomberg
BNN Bloomberg on Twitter: / bnnbloomberg
BNN Bloomberg on Instagram: / bnnbloomberg
BNN Bloomberg on LinkedIn: / bnn-bloomberg
--
BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.

[@svenhodaka9145]

I like the experienced business people such as Frank, he says it like it is. He brings up notable points and examples. Keep it simple.

[@philshyu5248]

Not just business people. Even small retail investors like me and our pension funds are finding much better investment opportunities outside of Canada than inside of Canada.

[@ramican9155]

Smart man, what a stupid municipality this is.

[@eanerickson8915]

You are right Frank. We need to get ride of auto tarrifs.

[@eanerickson8915]

Notice he doesn't complain about auto tariffs?

[@ryanmonk429]

I own tons of Magna stock and I’m getting destroyed!! Lol

[@bretthagey7916]

FRANK! build us a Canadian EV!!!!

[@jaybee6892]

👀

[@holdenmibreath3331]

For all the concern over capital flight it was surprising to hear Frank Stronach dismiss the capital gains tax increase and support eliminating loopholes…that’s an entrepreneur!

[@tonylinardi3089]

Frank for PM

[@manfestiondaily]

When we have someone as incompetent as freeland as our finance minister what else can u expect.

[@Tomyum19]

Poor Frank. Canada failed him.

[@Yabadabado1234]

Amazing that we don't allow the successful people here help the country with our terrible finances. Look at the resumes of the people on both sides of the house of commons and it's no surprise we continue to become the worst western country.

[@rtorcato]

He should relocate the company hq to the USA. Canada is broken

[@mrscruff66]

Stupid comment

[@JohnSchuetz-js7lk]

Lunacy. Waste of time to be here.