Close Reading

The part about the banking system is at best a half truth. Canada looked like it came through the 2008 crisis better than the States because the government did not allow a correction in the housing market. Rather, the Canadian government kept the party going with free money, which made the balance sheets of the banks look good, but over time caused housing prices to inflate far faster than household income. The result now is wildly over-inflated housing prices which - coupled with increasing immigration of well to do foreigners pricing Canadians out of the market - has come to the point that many Canadians born in Canada can no longer afford to live there. This in turn exacerbates the brain drain to the USA, which further reduces Canada’s innovativeness and international competitiveness. \n\nHowever, the universe mandates equilibrium, and this house of cards will come down sooner or later. When it does, Canada will be facing a far worse financial and economic crisis than the USA did in the late 00’s, as all of the Big 5 banks will become insolvent.

Some good points were touched on. We need solutions! What does this mean?\n\n- We need some immigration discipline. Yes, it's great to let immigration in, especially ones that pay taxes, but it's overburdening both the rental/housing demand (which needs opposing pressure to lower prices) as well as healthcare demand, which is not being properly addressed. Instead our healthcare system is flooded. And it's inefficient and expensive as is already. We just need to tame the number of people we allow in, and grow our ability to self-sustain first.\n- It's too late now, but government policies to give out money during COVID was poorly executed, yet plentiful. When 40% of currency was printed in the last year/two, no doubt we will have inflation. This was never touched upon in the video. Resources/social supports should have been provided rather than just straight up $$$. There was an excess of money given to places they shouldn't have been. We saw a boom in industries like say hobbies and games, showing additional money being wasted where it should have been used for food and shelter. \n- Canadian government is not trying to be as aggressive to retain Canadian companies. We are heavily dependent on US corporations and hence the brain drain as well. Salaries do not compare, especially when remote work is now possible. \n\nWe are already deep in the hole and need to be more financially responsible. I'd strongly disagree with the last statement in this video that we are perceived as corrupt (there's been lots of civil unrest because of government misspending). We are civil and polite, but that's not what helps economies grow, as OCED forecasts as well.

Meanwhile in Canada, Toronto has become a tent city while refugees are housed in hotels and then public housing. \nI have always been a supporter of immigration and refugee asylum but it's becoming obvious even to people like me that we can no longer afford to bring in more people who sadly will continue to just drain our system until it collapses. \nThe average person is barely keeping their head above water with rent and food prices. There comes a point when you have to acknowledge that your cup is empty and there is nothing left to give.

Limiting the # of doctors that can graduate & be licensed ensures tht they get income levels that is unheard of for doctors in most other countries. They don't limit how many do specialty thought, often those upscale services drain the entire system while basic health services are not met.

This is why Canada wants all the immigrants to come work here so they can drain all their income in taxes to pay for all the old people draining the system. They need workers at low paying jobs to work double hrs. paying double taxes to pay for senior's health care etc. They are also consumers who will have to spend what's left of their pay cheques to just feed and clothe themselves. Leaving so little left to actually do anything with. As a 5th generation Canadian I have struggled all my life to just keep food and home to live and raise my kids on very little. Now due to what has happened in Canada and the economy, inflation, skyrocketing housing prices, my kids will never be able to own a home in their own country. It's sickening. Canada is cold. Canada is not fun. Least fun because of all the rules on everything. Taxes and fees on everything. There used to be much more fun and things were much more relaxed in the 70's and 80's but now it has changed so much that I'm starting to hate my own Country, my province and the Canadian leadership at this time is the worst in history. And get this: I'm so poor I couldn't even afford to move around or travel in my own damned country! We don't even have a universal transit bus system to travel anymore. YOu have to have a car or fly but be damned if you can hop the old Greyhound and go from Vancouver to Toronto anymore and save a few bucks. It's sick and dysfunctional here.

Canadians aren't having babies because they can't afford to do anything. So you're importing slaves to do corporate bidding, further draining our system, and turning us into a third world country. Well done. Guillotines.

It's a business, college & education, it's written on the wall. But no one wants to read. It's a status symbol aspiration. Western education system is making hay and keeping the sunshine alive. India is prosperous, we need to trust in the Indian system more than deceptive promises of life abroad. Flashy education degrees have little prospects, but deception succeeds. Hopefully the external affairs ministry takes cognizance of this as it's a drain on forex reserves as well.

Entering your own country and being treated like complete ?️ is the new Canadian way. The taxes do NOT equal out services used. Healthcare system is going down the drain. I couldn't get a midwife because of my choice to have a natural birth. I love Canada. I h8 Canadian corrupt government and systems currently in place.

I am genuinely surprised that Quebec ranked so high, because I'm from there and I've always had plenty of empirical evidence telling me otherwise. The income is meh, the education system is meh, health care is super meh, taxes are mega-meh to the point that they cause brain-drain, and the nightlife is incredibly meh (unless you're in downtown Montreal). I'm glad the province looks good on paper, but it really doesn't reflect my 40-plus years living here (or near).

The trick here is when they reach age 65, they apply for and receive OAP ( Old Age Pension) and CPP from our system and it’s sent to their banks in China, draining our funds here for our own citizens who worked and live here all their lives.

Why would any country welcome you with open arms when you have no skills or education to offer that country. All they are is just on the take with your fat wives and litters of kids draining the system. Why would they???

All you want to do is drain our welfare system and health care as the saying goes charity begins at home.With our own people

Let Canada have all immigrants, they are a burden not a benefit on American tax dollars with welfare and working jobs under the table, taking jobs from Americans. The money they drain from the system should be used for veterans, military, seniors and Americans not foreigners

*He thought that Canada would welcome him with open arms... WTF?!?*\n*An uneducated person who doesn't even speak English after FIFTEEN YEARS in the US, bringing his family with him is just a cost for Canada, a big drain on the system.*

I live in Maine and the small Inns came to this state so many so quick that they're now they drained the social system welfare food housing new cars all on the taxpayers dime they never put into the system they never paid their dues or worked now they're going to Canada from Maine so get ready they dreamed aren't you help somehow they're moving on to the next