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Canada’s richest families own as much wealth as 3 provinces combined – July 31, 2018,

Posted on July 31, 2018 by RichInWriters

Canada’s richest families own as much wealth as 3 provinces combined – July 31, 2018,

One of the inspirations for me starting this blog way back in 2009 revolved around Robert Kiyosaki’s legendary book Rich dad poor dad. One of the lessons in the book revolved around the concept of why taxing the rich was never a good idea. What Robert Kiyosaki taught his readers in that book was that being rich was a way of thinking. He taught his readers that money had less to do with the cash itself and more to do with how you approached money. Because of that book I was able to confidently pursue my dreams without worry of failure. Because of that book, I no longer worry about money, because only my own lazy thinking and limitations prevent me from achieving wealth.

Furthermore, because of that book, I learned how to read into information and not just take someone else’s word for it. Personally, I stopped trusting the media around the time renewable energies began to rise in popularity. My assumption was that the truth would come out about the pros and cons to renewable energies, but no, that’s not what happened what I read was people that were for renewable energies and those opposed to it.

The media rarely if ever talked about the process to renewable energies instead they focused on subsidies or fossil fuels. I had always been a believer that renewable energies and other energy alternatives could be additions to fossil fuels, eventually replacing them as the technology got better. Its common sense from my perspective that energy storage is the weakness of renewable energies so if renewable energies was the future the focus should revolve around energy storage. I was wrong to assume that the media or humanity wanted to go into a wealthy energy direction.

Instead, the media, the leftists, the conservatives alike would rather you focus your attention on the financial elites. The George Soro’s, the Donald Trumps, Canada’s richest families, the Kardashians etc. Let’s take more from them and give it to the people the media or the politicians feel are more worthy. We should tax those rich guys because they’re making too much money and we should add more regulations so there are less rich families in the world and more economically equal people.

We all make decisions with our time, if I have 5 children without getting married and raise those children as a single parent before I master a trade, graduate college or have a high paying job or business, what are the odds that I’ll be rich? It should be pointed out that there have been people that have children at young ages and became rich, but if you were to follow those people chances are their spending habits and their time management would have differed from the poor people’s we are told that we should redistribute our income to help make their lives better.

Well, what about those people that inherited their wealth? Yea What about them? It’s none of my business, in actuality, being born into wealth can actually be a bad thing if you’re parents don’t raise you correctly, sure rich kids are born with a nest egg, but so what? if they’re not raised correctly or if some type of cosmic justice occurs they may die at an early age, they may have substance abuse problems there are tons of stories of how a family fortune is wiped out after a few generations. Wealth is a state of mind, what humanity needs to become more wealthy is more healthy interactions.

I’ve met people who came from poorer regions of the world, the immigrated to Canada and they spent their entire lives surrounding themselves with smart people, wealthy people, educated people and guess what happened to these individuals. They became wealthy too, not just in money but they had a wealthy mind and were, therefore, able to attract and notice and recognize other people with wealthy minds. wealthy people don’t waste their time wondering how they can take money from another person. Sure there are people with money that believe they have to take from others to enrich themselves, but these types of individuals often suffer in the long term or have really hard miserable lives.

What people should be asking is how did these people become the richest in Canada. In most instances, rich people become rich because of government policies and government protections. The concept of redistribution often leads to monopolies because don’t forget that when the money is redistributed, if you’re a smart business person you’ll simply position yourself to where the money is going. As an example let’s say the Canadian government took this money from the richest Canadians and the decision was to build housing for the poor, last time I checked it cost money to build houses, it costs money to purchase and use equipment to build housing and the government is going to have to give this redistributed money to the private sector whose going to bid on it.

So what actually happens in this transaction is the government is again creating a new elite class and because most poorer people aren’t being told the truth about poverty they’re often left in a confused state of being, which will carry on for generations to come. Stories like the one you can read below by clicking the link really irritate me because if that’s the way humanity is going to think moving forward we’re so very screwed as a civilization.

Interesting times ahead.

Canada’s richest families own as much wealth as 3 provinces combined: report


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