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This will increase the likelihood that Canadian corporations will move their operations to countries where environmental regulations are more relaxed. These corporations have obligations to maximize the wealth of their shareholders and to continue to be competitive in the global market. The tighter regulations in Canada will also decrease the foreign direct investment into our country because multinationals will not want to operate in this type of business environment. This follows the principles of the market economy, in which government intervention should be kept to a minimum or eliminated altogether ...
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