Kent Hughes is rightly concerned about Canada’s National League teams.
The salary cap and federal and provincial taxes are one and the same reason against Canadian teams.
To say that the Canadian would play against, for example, the Lightning or the Panthers on an equal footing, the salary cap would have to be set on the net money put into players’ pockets.
It’s easy. Florida has no state taxes. We only pay federal tax. In Quebec, a CH player returns more than 50% tax on their salary, in Florida it’s about 35%. And we’re not talking about Montreal’s charm.
Each season, the Canadian is missing a player in 6 or 7 million. Do the math.
BUY A HOUSE
But additionally, a foreigner is banned from buying a home in Canada until January 2024. This is to prevent the Chinese or the richest in the Middle East from buying the country’s best real estate as investments. This is already the case in Vancouver, Toronto and downtown Montreal.
It’s a way to combat the terrible inflation in house prices.
But if you are a young millionaire who wants to come to Montreal and play hockey, wouldn’t you have the right to buy a house? Need to find a rental? Three and a half in L’Île-des-Sœurs? Do you think that the agent will not make the necessary calculations? And that he won’t find that Trudeau’s government is preventing you from investing in a home in Montreal or Toronto?
Come quick, we’re going to Boston, to the banks of the Charles River…
