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I don't understand the comparison of housing debt to GDP ratio being relevant, other than as some kind of made up benchmark. GDP is an annual number, and mortgages last for decades. How is comparing these numbers directly a measure of anything other than the amount of money invested in mortgages has increased? I would think Household income to Household debt is a more useful measure, but then again, it doesn't capture the amount of capital people have in their homes.

What a biased video! USA has AA credit because of their debt, Canada has AAA rating. And rapidly increasingly housing prices is seen across the G7. And the doubling of housing occurred during COVID19.

Increase access to unused and agricultural land in urban arease\nImpose export tariffs on construction materials\nReduce union fees for construction workers\nRemove municipal restrictions on high density housing\nReduce temporary immigration\n\nJust a few things that would help the housing crisis. A housing deficit serves only the investors, it's time that the state produces housing at a reasonable price. Might be wishful thinking, but we need ways to keep housing affordable.

It is in the interest of politicians to talk about lowering house prices (to avoid alienating non homeowners) but at best; only slowing the increase -property owners generally have more money, more voter turnout and thus political power...slashing the value of their biggest investment is probably a lousy campaign strategy.

I grew up on Vancouver Island and the local government didn’t allow for secondary suites. Then with housing crisis continuing the fact that province had to step in with a carrot and stick approach to municipal governments to approve more housing and change regulations stick being if you don’t meet targets you lose power and carrot you hit the targets you get cash this created a direct opportunity cost of nimbyism plus the federal government would top the amounts if a municipal government hit there housing targets. It changed really quickly the municipal government changed the law to allowing secondary suites to be built which the cost per square foot to build is 1/3 compared to new builds. This allows more rental properties and housing options and allows more people to purchase goods and services in the local area and not dramatically increasing the costs of new infrastructure to service them as compared to a new housing development on the outskirts of the city. A home could comfortably double it’s density every effectively, affordably and swiftly.

Trudeau has been importing Indians in millions which is contributing to rent increase, housing unaffordability, wage stagnation, skyrocketing unemployment. Younger or high school students are finding it hard to find a part time job at local restaurants because all those jobs are occupied by Indians. I guess bring third world, become third world wasn’t so wrong after all.

These are issues not unique to Canada. Most people here in Canada don't realize this. Housing is a huge issue, and needs to be fixed. But business investment into Canada is increasing. We won't see improvement overnight, but we are marching in the right direction. \nThe tariff threat is the only looming thing that can really hold us back. With a constant threat of massive tariffs, business investment will decrease.

The reason real estate prices have gone 300% but incomes only 100% is because of low interest rates. If you factor in carrying costs, the numbers aren't as extreme. The challenge now is that interest rates have increased to stave off inflation generated primarily during the covid years. While this has somewhat abated, real estate carrying costs remain elevated and price growth has stagnated, while the Canadian dollar has fallen, effectively resulting in reduced housing valuations (in US dollar terms). Can we ride this out until incomes catch up? Will productivity increases promised by leading political challengers (election coming this year) move the needle? Are tariffs and 51st state rhetoric just a negotiating tactic and bluster, or something real? Nobody knows, but we will find out..

This is very similar to Sweden where we have seen 300% increase in house prices since the year 2000 and 600% increase for condos in the same time.

Your narrative about existing homeowners being in opposition to policies that support home construction is bogus. \n\nThe real story is the following:\n\n1. Canadians are unsure whether building more homes leads to more housing and lower prices. This might sound like a joke but there are now surveys that confirm this. And most Canadians I have asked myself really are unsure whether we should build more homes.\n2. Endless bureaucratic barriers increase the cost of and deter new construction.\n\n\nMany Canadians really believe that building housing increases the price of housing, so they think they are being virtuous when they vote for policies that deter housings construction.\n\nAll of the other economic problems are downstream of the housing shortages.\n\nEdit: For those of you curious about these strange Canadian beliefs, the youtube “About Here” has a decent video on the topic trying to dispel the odd beliefs: https://youtu.be/pbQAr3K57WQ?si=j5l_vWiudz45fiGr

In Canada, employers can face penalties for not hiring Canadian workers before hiring temporary foreign workers. These penalties include fines, bans, and reputational damage. \nPenalties\nFines\nEmployers can face fines of up to $100,000 per violation, up to a maximum of $1 million per year. \nBans\nEmployers can be banned from hiring temporary workers for a period of time. \nPublication\nEmployers' names and addresses may be published on the IRCC's list of non-compliant employers. \nRecruitment requirements\nEmployers must advertise the position to demonstrate that they actively sought to hire Canadian workers. \nEmployers must conduct recruitment efforts to hire Canadians and permanent residents before offering a job to a temporary foreign worker. \nOther compliance requirements \nEmployers must comply with employment standards, including minimum wage, housing, and workplace safety.\nEmployers must comply with human rights and anti-discrimination laws.\nEmployers must maintain accurate records to demonstrate compliance with program conditions.\nProgram enforcement\nThe ESDC monitors and combats program misuse, including through inspections and increased use of Ministerial Instructions.

I leave in Canada since 1992 and it was very difficult to became lendent immigrant and life was very affordable interesting the first house we bought lake front for 48 thousand and townhouse for 58 thousand in Brandford and it was affordable to pay mortgage even i became a widow but now gasoline so expancive rased 3 times so and grosseries prices increased the same .Why we have to pay carbontax ,landtaxes wich became 2500 compaire 350 in 2000? You don't have for whoom complain if you didnt have good service the courts always on contractor's side even you have all evidences about stealing materials .It is so ashamed so rich and nice country became the most expensive to leave !

What no one is talking about is the fact that when the next census is done all these illegals will be counted and new congregational seat will be awarded to liberal states with increased population goving them an advantage in the House of Representatives. This is the reason Brandon allowed the invasion at our borders. The liberal media talked about the great replacement theory and we are living through it. Why hasn't this been a major talking point in any of the media outlets. This needs to be something the legislative and judicial branches discuss and address. Otherwise, everything Trump does will be for not. Upwards of ten million migrants will most certainly affect the voting base in liberal states. This has to be a major focus moving forward!

Twenty years ago in Toronto, a one-bedroom apartment could be rented for around $700 a month. Today, a similar apartment costs between $2,500 and $3,000 per month. The government should regulate housing market investments to prevent the pursuit of profits at the expense of ordinary people. \nWith the large influx of immigrants of all kinds, there is increasing pressure on families and individuals to rent or buy housing. For instance, in one neighbourhood, a house has been fitted with multiple bunk beds per room, with the owner charging $500 to $700 per bed. One can only imagine how many people live in that house and what it looks like in the summer when everyone gathers in the backyard. \nIf the government fails to regulate immigration to align with the real needs of the economy and housing market, what’s next? May people be forced to rent a bed for just eight hours of sleep or resort to living in sheds or makeshift plastic tents on the streets? \nAnd when the economy takes a downturn, leaving people with no income, what will happen then?

This is because the Canada Immigration Department has failed to identify those who are not eligible to stay and hold them accountable. This failure has strained public resources and services, leading to increased pressure on housing, healthcare, and social support systems. It has also caused tensions within communities, as the majority of people feel that the system is being exploited. Additionally, it undermines public confidence in the immigration process, making it more challenging to implement fair and effective policies.

Legal immigration could help the USA......Bring back some of jobs most people who live in the USA don't want to do.... increase our tax base. Lower our food prices.... Help build more houses. Factories jobs will not pay a lot for manual labor again, those days are over ... but we will still need engineers.... computer IT people.ect..If young people don't get an education or get into a trade you will be out of luck.

Trump says EU tariffs will ‘definitely happen’ as Mexico, Canada and China retaliate \nTrump takes softer line on UK, saying ‘I think that one can be worked out’, while Mexico and Canada vow levies and to strengthen ties with each other \n \nPhilip Wen, Léonie Chao-Fong and agencies \nMon 3 Feb 2025 03.57 GMT \nShare \nDonald Trump has threatened to widen the scope of his trade tariffs, repeating his warning that the European Union – and potentially the UK – will face levies, even as he conceded that Americans could bear some of the economic brunt of a nascent global trade war. \n \nIt comes as Trump’s tariffs on Mexico, Canada and China, announced on Saturday, sparked retaliation from all three countries. Mexico and Canada have vowed levies of their own while China and Canada are seeking legal challenges. \n \nTrump said on Sunday night that new tariffs on the EU will “definitely happen”, repeating previous complaints about the large US trade deficit with the bloc and his desire for Europe to import more American cars and agricultural products. \n \nEmpty shelves remain with signs ''Buy Canadian Instead'' after the top five US liquor brands were removed from sale at a British Columbia liquor store in Vancouver. \nAsian sharemarkets tumble in response to Trump tariffs \nRead more \n“It will definitely happen with the European Union, I can tell you that,” he told reporters. “I wouldn’t say there’s a timeline but it’s going to be pretty soon.” \n \nTrump appeared to take a softer line on the UK, citing a good relationship with prime minister Keir Starmer while saying tariffs still “might happen”. “The UK is out of line but I’m sure that one, I think that one can be worked out,” he said. \n \n“Well Prime Minister Starmer’s been very nice, we’ve had a couple of meetings, we’ve had numerous phone calls, we’re getting along very well, we’ll see whether or not we can balance out our budget.” \n \nIn Canada, the department of finance published a list of US products imported into Canada that it will target with a 25% retaliatory tariff starting on Tuesday. \n \nThe list shows products that will be hit in the first round of retaliatory tariffs by Canada starting on Tuesday, and mounts to $30bn Canadian dollars’ worth of goods (about US$20bn). The impacted products include tobacco, produce, household appliances, firearms and military gear. \n \nCanada is also preparing for a second, broader round of retaliatory tariffs in 21 days that will target an additional C$125bn (US$86bn) worth of US imports. The second list would include passenger vehicles, trucks, steel and aluminum products, certain fruits and vegetables, beef, pork, dairy products and more. \n \nFILES-US-CANADA-MEXICO-CHINA-TRADE-TARIFFS<br>(FILES) US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC on January 31, 2025. Trump is imposing steep tariffs on major US trading partners Canada, Mexico and China, with a lower rate on Canadian energy imports, said the White House on February 1, 2025. Washington will impose a 25 percent levy on imports from Canada and Mexico, with a 10 percent rate on Canadian energy resources, until both work with the United States on drug trafficking and immigration. Goods from China, said the White House, would face 10 percent tariffs. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images) \nTop Democrats warn tariffs will hit Americans hard as Trump says it’s ‘worth the price’ \nRead more \nClaudia Sheinbaum, Mexico’s president, said her government will provide more details on the retaliatory tariffs she ordered on US goods on Monday. Sheinbaum, in a statement on Sunday, said she will announce details on her government’s “plan B” as she insisted that Mexico “doesn’t want confrontation”. \n \n“Problems are not addressed by imposing tariffs, but with talks and dialogue,” she said. “Sovereignty is not negotiable: coordination yes, subordination no.” \n \n'Coordination yes, subordination no': Mexican president responds to Trump's tariffs – video \nSheinbaum and Canadian prime minister Justin Trudeau spoke by phone on Saturday after Trump’s administration imposed the new tariffs – 25% on goods from Canada and Mexico, with a lower rate of 10% for Canadian oil, and 10% on imports from China. \n \nTrudeau’s office said in a statement that Canada and Mexico agreed “to enhance the strong bilateral relations” between their countries. Canadian officials have had extensive dialogue with their Mexican counterparts, but a senior Canadian official said he would not go as far as to say the tariff responses were coordinated. \n \n“Now is the time to choose products made right here in Canada,” Trudeau posted Sunday on X. “Check the labels. Let’s do our part. Wherever we can, choose Canada.” \n \nTrump acknowledged the sweeping tariffs he has imposed on Mexico, Canada and China may cause “short term” pain for Americans as global markets reflected concerns the levies could undermine growth and reignite inflation. Asian markets, cryptocurrencies and US and European stock futures slumped in early Asian trading on Monday. \n \n“We may have short term some little pain, and people understand that. But long term, the United States has been ripped off by virtually every country in the world,” he said. day, Trudeau said: “We’re certainly not looking to escalate, but we will stand up for Canada.” However on Sunday evening, a senior government official from Canada briefing reporters in Ottowa on condition of anonymity said: “We will obviously pursue the legal recourse that we believe we have through the agreements that we share with the United States.” \n \nThe official said the Canadian government considered the move by Trump illegal and said it violates the trade commitments between the two countries under their free trade agreement and under the World Trade Organization. \n \n“If other legal avenues are available to us, they will be considered as well,” the official said. \n \nCanada is the largest export market for 36 states, and Mexico is the largest trading partner of the US. \n \nCanada and Mexico ordered the tariffs despite Trump’s further threat to increase the duties charged if retaliatory levies are placed on US goods. \n \nChina also said it would file a lawsuit against the tariffs. The imposition of tariffs by the US “seriously violates” World Trade Organization (WTO) rules, China’s commerce ministry said in a statement, urging the US to “engage in frank dialogue and strengthen cooperation”. \n \nFiling a lawsuit with the WTO would be a largely symbolic move that Beijing has also taken against tariffs on Chinese-made electric vehicles by the EU. \n \nThe commerce ministry also said the tariffs were “not only unhelpful in solving the US’s own problems, but also undermine normal economic and trade cooperation”. China has said it would take countermeasures to “safeguard its own rights and interests”. It is not clear exactly what form these will take yet. But for weeks Chinese foreign ministry spokesperson Mao Ning has said Beijing believes there is no winner in a trade war. \n \nLate Sunday night, Trump said he would speak with Trudeau on Monday morning and shortly after said he would speak with Mexico as well, although he did not specify that he would speak with Sheinbaum. \n \nBeyond the official response, people were already thinking of ways to cope with Trump’s decision, including by sharing suggestions on social media for alternatives to US products. \n \nCanadian hockey fans booed the US national anthem on Saturday night at two National Hockey League games. The booing continued on Sunday at an NBA game in Toronto where the Raptors played the Los Angeles Clippers. \n \nFrom left to right, Toronto Raptors forwards Bruce Brown, Scottie Barnes and Chris Boucher react as fans boo the United States national anthem before NBA basketball game action against the Los Angeles Clippers in Toronto, Sunday, Feb. 2, 2025. (Frank Gunn/The Canadian Press via AP) \nToronto Raptors fans boo US national anthem after Donald Trump tariffs \nRead more \nOne fan at the Raptors game chose to sit during the anthem while wearing a Canada hat. Joseph Chua, who works as an importer, said he expects to feel the tariffs “pretty directly”. “I’ve always stood during both anthems. I’ve taken my hat off to show respect to the American national anthem, but today we’re feeling a little bitter about things,” he said, adding that he will start to avoid buying US products. \n \nIn the streets, people in Mexico were trying to absorb the announcement on Sunday, although some in the capital acknowledged that they were unaware of the measures. \n \nIn the border city of Mexicali, across from Calexico, California, some people were concerned about the wider implications of a trade war. \n \nDriver Alejandro Acosta says that he crosses the border weekly in his truck to deliver vegetables to US companies. He said he fears US businesses in the Mexicali Valley will no longer want to operate in Mexico and they will move to the US. \n \n“If they raise taxes on the factories here, jobs may also decrease,” he said.

Twenty years ago in Toronto, a one-bedroom apartment could be rented for around $700 a month. Today, a similar apartment costs between $2,500 and $3,000 per month. The government should regulate housing market investments to prevent the pursuit of profits at the expense of ordinary people. \nWith the large influx of immigrants of all kinds, there is increasing pressure on families and individuals to rent or buy housing. For instance, in one neighbourhood, a house has been fitted with two bunk beds per room, with the owner charging $500 to $700 per bed. One can only imagine how many people live in that house and what it looks like in the summer when everyone gathers in the backyard. \nIf the government fails to regulate immigration to align with the real needs of the economy and housing market, what’s next? May people be forced to rent a bed for just eight hours of sleep or resort to living in sheds or makeshift plastic tents on the streets? \nAnd when the economy takes a downturn, leaving people with no income, what will happen then?

Messes created by wretched, vile Democrats. Increase border patrolling. Resort to house to house search & seizure operations by ICE & weed out these illegal aliens/ immigrants, arrest them, and for throw them out. There are maximum illegal immigrants mostly Indians in New York and New Jersey.

Twenty years ago in Toronto, a one-bedroom apartment could be rented for around $700 a month. Today, a similar apartment costs between $2,500 and $3,000 per month. The government should regulate housing market investments to prevent the pursuit of profits at the expense of ordinary people. \nWith the large influx of immigrants of all kinds, there is increasing pressure on families and individuals to rent or buy housing. For instance, in one neighbourhood, a house has been fitted with two bunk beds per room, with the owner charging $500 to $700 per bed. One can only imagine how many people live in that house and what it looks like in the summer when everyone gathers in the backyard. \nIf the government fails to regulate immigration to align with the real needs of the economy and housing market, what’s next? May people be forced to rent a bed for just eight hours of sleep or resort to living in sheds or makeshift plastic tents on the streets? \nAnd when the economy takes a downturn, leaving people with no income, what will happen then?

yep issue here is housing, to many people coming in not enough housing that is affordable for Immigrates and Canadians which has cause a rise in Homeless, lack of job increases and failure for new businesses to start up, low spending doesnt help it, low income less money going out, less sales. It been very unbalanced.

Why are they taking another 5,000 refugees from Gaza and giving them money. I don’t understand this government and they complain about housing crisis. Where is the government going to put them. How they know if they are not taking Hamas fighters. I am suppose to be retired but this government keep on taking on more refugees and creating more debt which is increasing taxes. Canada it is enough, you can’t help everyone.

Out of control immigration drives up the cost to buy and rent houses, same issue here in Australia.\nWe can't builld enough houses in Australia to meet the demand. Many building companies went out of business when the price of materials increased but their contract price couldn't.\nCashed up immigrants who can afford higher prices effectively drive locals away from places to live. Homelessness is increasing in Australia.\nThe government then tries to build more social housing and pays the builders higher prices than a person building a private house can afford, which continues to increase the construction cost spiral. We now have $1M+ houses being built for people on welfare who only have to pay a maximum of 25% of their income, and that income is given to them by the government. People are better off being unemployed and living off government benefits and housing than to have a job paying less than $100k/yr.

Here's a refined version of your message:\n\n---\n\nThere is a significant number of Indians in Australia and New Zealand, many of whom initially arrived as international students and chose to stay. This has contributed to a rise in house rents and increased difficulty in finding accommodation. With a population of 28 million, Australia sees a high presence of Indians, who often fill many job positions, making it challenging for citizens to find employment. The Australian and New Zealand governments are partly to blame for issuing visas without expanding housing and job opportunities to accommodate the influx of visitors, students, and immigrants.\n\n---\n\nI hope this helps. If you need any further adjustments, feel free to let me know.

Indians are also responsible . Bad visa form filling. \nTraveling abroad to work on tourist visa. Escaping into illegal permanent stay into Europe . But yes, Indian passport should be the top 20 but it isn’t because our house isn’t in place. Basically we’re mostly good people but uncivilised , undisciplined , not all but many. Get India orderly first, clean, green, pollution free, corruption free… and if they still do the same it’s because we want to go there more then they wish to come here. Do something that makes them come here. Top quality cheap tourism, food quality, pollution free, reduce population, increase the female population , give equal rights to woman, judicial system in India sucks, court cases should be fast tracked, law should be simple direst and effective. So much for us to do, money is not the only thing that makes us get quality living. Only the rich get all this stuff…

I don’t know about rest of the world but in the US alone, 700,000 Indians entered the country either illegally or overstayed their US visa just last year alone. In Canada, some Indian international students were discovered to have forged their education documents and now have been deported. Temporary workers are demanding permanent residency after work visa extensions have been cancelled due to housing shortages & increasing unemployment rate. \n\nIndian people in general are good workers but these protest aren’t helping and demanding they be allowed to stay while their documents are forged is upsetting Canadians. It unfortunately grouping everyone together.

I offer to you this grandfatherly advice. Government costs money. Evaluate what it does for and to its citizens. You can live in the most beautiful place in the world, but if you can’t touch anything, why bother? Living in the U S there are 50 states. Most abide by the same federal standards but each state has its own way of doing stuff. Right now Los Angeles is burning. They do not allow the removal of dead vegetation in the vast majority of the state. The state has wildfires every year. They have the highest taxes and the most regulations of all of the states. They also have some of the most beautiful places to live in and otherwise great weather. The exodus of the citizens of California go to states without such high prices and taxes. The demand is increased in these states so housing costs more. Many counties have refugee/immigration increases. They too increase the demand without the supply. To make up for it. Good luck and happy hunting.

Geez, he really REDUCED the numbers, didn’t he!?!? NOT!!! That is still another million in 3 years! Who thinks we will increase our housing by that much???

The housing crisis in Canada is partly due to 4 things \n1.Restrictive government policies on apartment construction\n2.A lack of tax incentives for building affordable housing\n3.Rapid increase in immigration without sufficient housing supply, \n4.High rates of unemployment or underemployment

The system is BROKEN. Tenants like this one are abusing the backlogs, landlords like this one want pitty when they are clearly MAKING INCOME on these rentals but are NOT paying taxes on those earnings yet, everyone else has to pay taxes on what little they earn. PLUS, there are landlords such as mine that has decided to take away my basement after renting the WHOLE house so he can build another unit so he can make more money but all he's offered is to keep my rent at the same price, no increase. I have to put up with losing space, parking, dealing with deathly noise for who knows how long just so he can make more money????? He should have made a clear contract around this plan he had to add another unit when he rented it to me. Sadly, landlords have become very greedy, I don't know where they get so much money to buy multiple homes but most families in Canada today can't afford the outrageous downpayments being asked to own a home!!!! I don't necessarily feel sorry for landlords. NOW pay taxes on your income from these homes and you have more of a right to complain I say.

Canada invited workers from India to come but they did not plan well enough for their increased need for housing. Now they want to kick them out because of Canadas poor planning.

the people who are leaving should leave immediately Canada has no jobs no affordable housing and offers nothing and I am saying confidently zero zilch even in bigger urban center's like gta and forget about it completely in other areas outside like n.b pei zero acceptance and zero jobs only white people who are increasingly weary of Indians bringing their filthy culture of strong smells and questionable hygiene to the country stay out for ever no one is waiting with open arms crack down should be like how trump has promised for u.s

Some is ok but when u flood a country with a large amount of people it changes the country not for the better .taxing services to the breaking point housing hospitals increasing crime drugs refugees. Ten percent of all fentanyl is from india grown and sold to criminals headed to the western countries .killing kids in western countries .A lot of refugees work hard send money back to india then go back home to india to live .some homes can have 10 to 18 people living in them all working under minimum wage and under the table not paying tax .i have been offered guys for jobs the sending there money home .them working 5 to 10 years then going back living iike kings . Moderation and people planning to stay in western countries but with corrupt sick globalist pedophile government in western countries westerners cant afford to live.

September 2023, there were 18,865 households on the BC Housing's social housing waitlist in the Metro Vancouver region. That represented an increase of 4,008 households from June 2022 ? better off buying a lottery ticket ?

You know what, people made this business and increased the house and condo price. So hopefully these incidents can bring down the prices.

If Canada has strong border security and inspect all those shipping containers it would eliminate 95% of stolen vehicles which has become a massive criminal enterprise in Canada that has led to death, massive insurance increases and rampant crime. Canadians can thank Trump strength for pushing Canada to do the right thing. I can't wait for Pierre to clean house, eliminate waste and fraud, invest in Canada's incredible naturals riches and build a strong Canada that becomes an economic powerhouse. You want respect you need to earn it. Anyone who votes for either the NDP or Liberals in any election is voting for the Death of Canada.

Probably a good idea. Canada went crazy on the immigration without thinking about housing availability. Then Canada decided to increase taxes, among other ideas.

Canada is a law abiding country and no one can fool the system. It offers study visas with a condition of returning back to home after completing the study. But many indian students are cheated by local agents with fake promises of Canadian PR, and now face deportation. It is not the fault of Canada. Already Canadian citizens including its own students suffer a lot from getting a job. Lack of jobs, house, health services increased and at the same time criminal, anti social activities like car theft, sexual abuse of female students, traffic violations, and links with anti social elements linked with international students. Brampton becomes the number one crime area in Toronto. Canadians are very well known people for their multicultural identity but they become irritated by the hostile behaviour of the international students. \nSo Canada must give priority to its own citizens and its law and order. No one can be allowed to take advantage of its liberal system.

The big problem is that Canada increased immigration without having the infrastructure for them. Immigrants tend to move to major populations like Toronto, Vancouver, etc because there are typically more jobs, so these towns had their numbers increase faster than our social net could handle. Add in long-term Governmental reductions in spending on things like housing, healthcare, education with more people to service, and you end up with the housing crisis and inflation that we have.\n\nI understand why immigration was pushed; it was partially because people are collateral on the world stage. The larger your population, the more a country can borrow because you have more people to pay back those loans through taxation. It should work ... As long as you have the infrastructure to support the new citizens.\n\nImmigration needs to be dramatically reduced from current levels for a few years while we work to get up to speed for the populace we have.

Is Montreal's housing cost up 40% because of scarcity, or could some/ more of it be because of financial companies and investment companies buying up a much real estate that they can and setting prices high for records profits? Need to research the increases to see where the burden is coming from, so we don't set blame where blame is not due.

I’m an international student, from my perspective it seems like the government can’t keep themselves from messing with the economy, basically crippling it by regulations, making the market unable to take advantage of the increased labor supply.\n\nI have spent almost half a million in Canada, which includes tuition, living cost, and starting a business which now employs two Canadians. But because I spent one term as a part time student, I have became ineligible for PGWP, which means I have no way of staying in Canada through my own agencies.\n\nThat is a slap in the face for immigrants whove come here to settle, the fact that I have positively contributed to the Canadian economy than many Canadians ever have, while withdrawing absolutely zero from public benefits, now if I buy a house here yall will drop on me a 50%+ capital gains tax and then kick me out, why would anyone want to invest in Canada? I’m seriously considering just moving to Florida because of all these. \n\nWhat happened to the good old days when you can come here with nothing, integrate into the community, and then become Canadians? Almost none of the forefathers of Canadians had to contribute this much into the society first to become Canadians, they stayed because their peers wanted them to stay, and the market was free to adjust to the labor supply and housing demand without government interference.\n\nWhat I see is not an immigration problem, it’s a big government problem, Canadians have become addicted to the government making decisions for them. The government has its grip on every aspect of Canadian life, it has hindered the responsiveness of the economy so much, that it cant even pivot to take advantage of free capital (int’l students) and third world labor rates (temp foreign workers).

What everyone needs in Canada right now are as follows : 1) affordable housing; 2) decent employment; 3) reliable and dependable healthcare. \n\nI agree that immigration process needs to be made harder and stricter. Choose quality over quantity. \n\nFocus on getting new immigrants only in specified fields such as a) healthcare (doctors, nurses, healthcare workers); b) trades (construction/plumbing/carpentry/electricians/farmers); c) tech (IT/AI/Robotics...) and no need to bring students to do useless courses in management/finance and other fields.\n\n\nDevelop other provinces besides Ontario/Quebec/BC/Alberta; build new townships and create jobs in these new towns; build more airports, highways, break monopoly of state owned air carriers and increase competition; ban all labor unions; decrease bureaucracy and regulations and keep it at a bare minimum; increase and improve work efficiencies

I do think it's worth pointing out that the cheap labour reduces incentives for companies to invest in increasing productivity. I think the high real estate costs might be a problem too - too much of Canada's available capital is going towards expanding housing supply and not enough on better technology - software, equipment, etc. I think part of the stagnant productivity has been due to lack of investment in technology, rather than laziness of workers. It's also worth pointing out that a lot of the workforce has been in government, which has been spending more and more money while not having much to show for it, so productivity in the government is another issue too. Bureaucracy and red tape can also be detrimental to productivity in both governments and the private sector. Maybe Canada needs more competitiveness (ex with telecommunications). Lack of training could be an other obstacle to productivity, or for example... not speaking English properly. Sometimes when I get customer service with an Indian, I have to make him repeat 5 times because of his extremely thick accent. He might not be lazy and trying his best, but still not very productive. \n\nWith slavery in the US, the South has been rather inefficient with their labour because slaves were relatively cheap (still had to feed and house them). With the end of slavery, came a big increase in worker productivity.\nhttps://www.nber.org/system/files/working_papers/w31758/w31758.pdf

Canada is building a tonne of housing as is, a bit less than in the past, so yes, issues with the growth of red tape, zoning, development taxes, etc should be addressed, but the problem has mainly been that the population has been growing at an exponential rate, in the past decade. The construction workforce actually doesn't have that many immigrants - around 77% are Canadian born, compared to 73% of the overall workforce, and I suspect the 23% that are immigrants are probably mostly immigrants that have been here a while, with very few temporary workers (which are mostly in retail/commercial services, elder care, and agriculture). That means immigration has been a bigger problem for increasing housing demand, compared to any benefit to increasing the supply through increasing construction workforce, especially when you consider that the size of the construction workforce is proportional to the total population, while the housing demand is more correlated to population growth. \n\nThere is also the differentiation between expanding infrastructure/housing supply, vs improving/maintaining it. It would not be a bad thing if we were able to shift some of the construction workforce towards improving our stormwater infrastructure, fixing roads, and building transit alternatives (improves quality of life), rather than just building more and more new roads and homes just to keep up with population growth (maintains quality of life).

Not imploding yet. NO housing crash yet, not even close... Typical governments = Years creating the problems , and years pretending to fix the problems. $....sick. STOP all immigration NOW, for years to come. Too late, all lies, the damage is done. And it did not start under Turdo... For over 100 years home prices went up and down in price properly, 2, 3, 4 % with inflation, job raises....reasonable, slight increases....sometimes minor decreases... all fair and affordable. Starting around the year 2000, prices started to spike up, 25, 50, 100, 200, 300% while interest rates went to almost 0. Same with rent price increases.....crazy prices over the last 10 years....25, 50, over 100% price increases......Over 20 years of kaos. And now look at the mess you greedy government parasites, unions, bankers have created. Mass immigration, major government growth - spending – debt – control..., super low interest rates, mass immigration = crazy housing, rental prices......poor Canada, what a mess created by all you greedy governments, all political parties.....The only way housing prices get back to where they should be is a crash...bring it on.....the sooner the better. Right now, it’s all grossly overvalued. STOP all immigration NOW. Bring on the crash.

Main Insights and Conclusions from the Video\n\nEconomic Challenges and Public Sentiment:\n\nInflation and housing costs have risen sharply, impacting Canadians' quality of life.\nFood bank usage has doubled, and homeownership rates have declined significantly.\nYounger Canadians find homeownership increasingly unattainable, fueling frustration.\nPublic sentiment has turned against immigration for the first time in decades, with over 60% of Canadians believing the country is taking in too many immigrants.\n\nImmigration Policies and Impacts:\n\nCanada experienced record immigration levels in recent years, with 471,000 permanent residents admitted in 2023 and a population growth of 1 million annually due to other immigration streams (e.g., international students and temporary workers).\nImmigration was used as a tool to address labor shortages and generate economic stimulus post-pandemic, but it led to unforeseen consequences like overburdened infrastructure, rising housing costs, and strain on public services.\nConcerns about integration and cultural tensions arose due to the rapid pace and scale of immigration.\n\nEconomic Consequences:\n\nDespite immigration filling labor gaps, Canada’s productivity declined for the third consecutive year, revealing deeper systemic issues like underinvestment in technology, outdated infrastructure, and stagnant wages.\nPublic services, such as healthcare, struggled to meet the increased demand, leading to longer wait times and staff burnout.\n\nImmigration Reforms in 2024\n\nThe federal government introduced significant reforms:\n\nA 20% reduction in permanent resident admissions over three years.\nCaps on temporary foreign workers and international student permits.\nPost-graduate work permit (PGWP) eligibility tied to labor market needs and stricter language requirements.\nWage caps for low-wage temporary foreign workers and adjustments to immigration programs at the provincial level.\nThese measures aim to manage population growth, alleviate pressure on housing and public services, and improve the quality of immigrants to align with labor market needs.\n\nCritiques and Trade-offs:\n\nWhile the reforms may ease strain on infrastructure and align with public sentiment, critics argue they could exacerbate labor shortages in critical sectors like healthcare, construction, and agriculture.\nThe underlying economic issues, such as low productivity, outdated zoning laws, and inadequate infrastructure, remain unaddressed.\nReducing immigration without broader systemic reforms may hinder economic growth in the long term.\n\nSocial Dynamics and Public Trust:\n\nThe reforms are seen as an attempt to rebuild public trust in the government amid declining approval ratings.\nCritics worry these policies are politically motivated rather than aimed at long-term solutions.\nRising public dissatisfaction stems from perceptions of unequal treatment between immigrants and native Canadians, along with growing social tensions.\n\nRecommendations for Future Actions:\n\nExperts suggest combining immigration reforms with investments in infrastructure, technology, and workforce training to tackle deeper systemic challenges.\nEncouraging regional immigration could alleviate urban overcrowding but requires sufficient infrastructure and resources to support newcomers in less-populated areas.\nEnhancing the quality of immigrants through stricter selection criteria and promoting cultural integration can address public concerns while maintaining economic benefits.\n\nFinal Reflections:\n\nOver-reliance on immigration as an economic solution has led to complacency and structural weaknesses.\nWhile immigration is vital for growth, it should be part of a balanced approach that includes investments in innovation and productivity improvements.\nCanada needs to rethink its strategies to remain competitive and sustainable in the long term while addressing public concerns and fostering integration.\nThe video's overarching message highlights the complexities of immigration and economic policy, emphasizing that piecemeal solutions, like reducing immigration, are insufficient without addressing broader systemic issues.

Low skill and low wage might have been ok when costs were low - low food prices, low energy prices, low housing and rental costs, etc. Now that everything is incredibly expensive, Canada is stuck between a rock and a hard place. Either wages will go up (which have been fairly stagnant for the last 30-40 years) so that it goes above and beyond inflation, OR you will not be able to bring in low skill, low wage labor. Simply put, when rents are $3000 a month in Toronto, minimum wage of $15/hr is $2500/mth (before taxes). Add another $1000/mth for food, and $500/mth for other expeditures - and you can see that just to survive - a person in Toronto needs a minimum of $4500/mth to not be on the streets. And this is IFF they are not married and have kids which can easily drive expenses to $6000/mth\n\nSo... for someone to just live normally, they need a bare minimum of $30/hr for 2000hr/year - this is a salary of $60K before taxes!\n\nBut the median income in Canada is 35K to 40K (it's on your tax return which determines if you get extra help from the government).\n\nSo... with these prices - you will never get low wage workers here... period. You can't expect immigrants to work as slaves and then pull your country out of the mess you created by spending money on useless programs like a drunken sailor.\n\nCut costs, cut taxes, cut inflation (stop printing money), cut useless programs (ala DOGE in the US), allow housing to crash, diversify your economy, invest in start ups and entrepreneurs, increase salaries, scrap the carbon tax, etc. Notice - none of these have anything to do with immigration.

She's a pathetic leader with an a dead-woman walking if you know how mexico is , female murders INCREASED the moment she took office in mexico. The nerve to demand from US to give more in terms of money and social services to mexican natives!!!!! after all the fentanyl and criminals they have knowingly fed into this country....not so bright people running the mexican govt, but then again the real capital of mexico is some cave housing top cartel leaders.

This is one of the most delusional news channels I have ever seen, but the worst part is the facts that viewers believe what they say. Inflation occurs when the federal government places to much money in circulation. The Biden administration cut the key stone pipeline, subsequently increasing the cost of oil and gas, while negating the billions being brought in via oil exports. Gave a sizable portion of the stretegic oil reserve to non stretegic countries, increased Government spending on bad programs, sent several hundred billion to fund non stretegic foreign wars and hundreds of billions on housing, medical care and debit cards for illegal immigrants, while doing nothing for Maui, North Carolina and Florida or the millions of homeless and diplaced Americans and American veteran.\nAs for this Mexico issue. The people have spoken. Border counties filled with legal immigrants but flooded with violent illegals voted for Donald Trump because they are living the nightmare created by Mexico and the Biden administration, that these media and political hacks theorize about. The Mexican government has failed its people by allowing the Cartels to fill their pockets with billions every year. \nMexico is also working with China to funnel Chinese goods through Mexico in an attempt to bypass tariffs and flood the American economy with cheap Chinese goods. Don't let this Mexican president fool you, they are afraid of Trump holding them accountable for facilitating this mass invasion on the border. She made this statement publicly as a shakedown tactic instead of talking directly to President Trump. Her actions should tell you all that you need to know about these political puppets. In conclusion, Tariffs are affective because these greedy American and Foreign corporations use cheap labor to make cheap goods that they then sell for major profit. Tariffs tend to make these companies movie to America create American Jobs and pay higher American salaries which are a significant savings over tariffs. The companies lose considerable profits but they gain market share because they understand that when you raise the price of goods you only make the American alternative more appealing.

Keep in mind Canada pays asylum claimants up to $224 per day to live.\nThat means, right now, we're potentially paying up to $50 million PER DAY to house asylum seekers today, and that will only increase going forward.\nA very scary prospect.