@nvk Yes. But presumably we'll get _another_ level of that, going even farther. Remember this is targeting beneficial ownership of any kind (assuming they're even slightly competent at it).
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@nvk For example, I could easily see this targeting control of corporations to the extent where it's dangerous to hire a Canadian as a CEO, or have a Canadian on the board of directors, because it might be seen as a form of ownership due to the control they exert over that wealth.
A possible outcome is privately owned companies become targets, forcing all non-trivial companies to be publicly owned. Which of course, is hugely inefficient.
