I was just reading about a violation of the Canadian fisheries act that has a maximum penalty of $200k, and realized the absurdity of there ever being a maximum fine.

There should be no maximum fine on any corporate penalty given that we do not cap the size of corporations or their bank accounts.

It would be like having maximum jail terms of 25 years for immortal beings that can live to 10,000.

  • The Ramen Dutchman
    1·
    16 hours ago

    just have stock I use as collateral for a loan

    Maybe stuff you can’t pay with also shouldn’t be allowed to loan money with. I know it currently does work like that, I’m just saying it shouldn’t, because this creates so many loopholes.