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Canada is doomed under Trudeau and headed for a recession says Kevin O’Leary

Kitco News, Released on 11/4/19

The economic backdrop for Canada, already grim, is now looking even poorer under the new minority Liberal government, led by a re-elected Justin Trudeau, says Kevin O’Leary, chairman of O’Shares ETFs and star of the hit show Shark Tank.

“What is the definition of leadership if it isn’t to unite a country? Here’s a guy that’s so poor in executional skills, in strategic skills, in any kind of vision and leadership, and if I may be critical, he has destroyed unity in Canada because he doesn’t know what it means,” O’Leary told Kitco News.

Kevin O’Leary is a Canadian businessman, investor, and television personality. From his basement, he launched SoftKey Software Products and In 1999 Kevin sold his company to the Mattel Toy Company for a staggering 3.7 billion dollars, one of the largest deals ever done in the consumer software industry. To keep his money working hard, he took control of his wealth from his lackluster money managers and founded his own mutual fund company, O’Leary Funds. He raised hundreds of millions of dollars from investors who share his “get paid while you wait” yield oriented, value investing philosophy. He is a venture capitalist on the Canadian television show Dragons’ Den as well as a shark on the United States’ version of Dragons’ Den, Shark Tank, which airs on ABC. Kevin has authored 2 books: Cold Hard Truth: On Business, Money & Life and The Cold Hard Truth On Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them.

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