Canada just passed a law banning home ownership by foreigners. They feel that foreigners are taking advantage of low housing prices due to the pandemic and are buying up houses as an investment. The United States has an even bigger problem which politicians are reluctant to address. China is buying up a lot of businesses and farmland which poses a threat to our security. First, they are appropriating the business secrets from the electronic, manufacturing, and technical companies they buy up. In addition, they are moving the headquarters of the companies and much of their manufacturing plants to China resulting in mass layoffs in the U.S. and loss of tax money. The businesses and farmland they buy up gives them leverage in our economy and drains money from our economy to support their economy. Wesaw during the early days of the pandemic how dangerous it is to depend on China. A great deal of our medicines and medical equipment are made in China and when the pandemic broke out, China supplied their people first and we had to wait a long time before we got the life-saving equipment we needed. President Trump provided help to American companies by lowering corporate taxes and reducing regulations, as well as helping them begin producing what we needed but we were playing catchup and lost critical time that cost lives. President Biden has returned to supporting Chinese companies by giving them favorable trade allowances and hurting American companies because he has raised corporate taxes and increased government regulations, making it very hard for them to compete.