Close Reading

Canada lost sight of its economy. While the lowlifes in Ottawa argue about semantics and other meaningless things, the economy is ever closer to precipice and ready to fall off the cliff. This is only made worse by housing problems, employment issues and uncontrolled immigration. Why is Canada doing this to itself? We need serious thinking conservatives in power.

Same here in The Netherlands - house prices are now beyond the average young couple. At least in Canada they have space to build new homes in.

The GOVT WONT solve this problem because if they actually meet the 5M new houses target and the housing becomes more affordable, imagine what happens to the cost of the existing houses and the loans that go along with it! Many people have just bought houses at 3X the asking prices thinking they can sell it 5 yrs later and never actually to pay it off, all those people will be screwed and in banks will be screwed in return. This huge immigration was just to strengthen the vote bank and not really to improve the economy of the country. It's a very old political strategy and people still get fooled and vote for it. Liberal parties just openly encourage immigration to just get a good vote bank and stay in power. Best of Luck Canada!

The nightmare is all the Indians moving to Australia and Canada please stay home we both have a housing shortage

I read an article breaking down new housing builds. If the population growth of canada stopepd right now and didnt start again until enough houses were built for new immigrants and young canadians it would take 7-10 years of building.

Welcome to the Communist country of Canada. We have a mentally deranged dictator called Trudeau. Our Prime Minister is a laughing joke among the world leaders. The government of Canada is a joke. The unbelievable lack of any common sense is non-existent. I live in rural Alberta. The hatred for Trudeau is very evident. I was once a proud Canadian. I am now ashamed of what Trudeau has done to this country. He has bankrupted the country which is close to collapsing. He has opened the floodgates to all immigrants mostly Eastern Asians from India and elsewhere. They have brought with them in fighting from their country. There's not enough infrastructure to house or feed these people. The prices of groceries are out of this world. We often see a lack of grocery items in the stores. I have to purchase products online like Amazon. In the province of Alberta, there are no family Drs. to be had. The city of Edmonton has about 6 or 7 Drs. taking new patients. I would not recommend anyone to move to Canada. I would wait until the PC government gets into power and starts to rebuild this country. We need a government that has their feet firmly on the ground.

Canada covers a truly mind boggling amount of land and yet even there they have a housing crisis. Unbelievable.

I'm born in the UK to Serbian parents, but grown up in Norway so I've seen three different cultures in my life all at once. I always liked Canada for being diverse because then I wouldn't have to switch between being English, Serbian or Norwegian, I could be more me because I am basically multicultural. For years I've idealised Canada and it wasn't until just two weeks ago that I got to visit and see for myself what Canada is like. I was in Toronto and also in Vancouver visiting a family that moved there from the UK I hadn't seen since I was a kid. I loved the nature (Especially Vancouver my god!) and the people, but I learned about how extremely expensive housing in Canada is to the point that it would be hard to make ends meet just renting a place let alone buying a house. Also how immigration is out of control and those who do come to Canada are disproportionately from one country being India rather than many different, which is not good for maintaining diversity. This is something I saw having lived most of my two weeks in Mississauga just south of the airport.\n\nI hope you guys finally get someone better in the next election, because I have more hopes for Canada than I do for the UK. Thanks for this informative video!

Pumping more immigrants means the house price is rising. Its a logical-basic economy thing. And Canada suck in weather already.

I think you missed one key important cause of all this, and one the liberal's biggest policy failures: unfettered immigration. Everyone on r/canada knows and talks about this. It's why housing is becoming more unaffordable, and why wages have stagnated. Canada can't support this huge influx of immigrants.

Born and raised in Canada. The rising cost of living is just depressing and I’ve basically given up on starting a family because of it here in Vancouver. I know that in order to move out of my parents house, I’d have to get a full time job, eat instant noodles only, and have at least five roommates in order to continue living here. Minimum wage in BC is $16/hr changing to $17/hr but living wage is at least $26/hr last I checked. It’s so sad because I love it here but it seems just seems impossible to be hopeful .

For long term it simply doesn't work. High taxes and impossible to buy a house. Moving to US after 2 years in Canada.

In my country, we are on a good way to become like Canada. We accept about a million immigrants from Africa and the Middle East EVERY YEAR and provide them with free housing. As a result, low income singles are largely living with their parents now. Housing immigrants is extremely attractive for land lords since the money comes reliably from the state.

I think maybe the Canadian government is very reckless when it comes to managing crime in Canada. The government labels all Canadians as criminals and so denies most Canadians an education, a job, housing, the ability to travel, etc. With this attitude towards Canadians, it becomes very hard to advance career-wise in Canada. So Canada imports most of its educated people from abroad. This just demoralizes Canadians and investors and makes everyone think Canada is a hostile place to do business. Please don't misunderstand me, I am in favour of stopping criminals in Canada but why are women under 16 years of age profited from getting married? Why can't foreign educated Canadians get a job here in Canada? You get my point. Demoralization. \nP.S. : Trudeau has now given Canadians another option to deal with their miserable lives: Medically assisted suicide. \nHow nice eh!

The problem with canada is Justin Trudeau who turned Canada in one of the expensive city on the planes.and load of housing debt.

I'm from a 3rd world country . To me it looks like america and canada now with these left wing shit are trying to speedrun one another to see which comes to our category first. The policys although not the same are very similar. You canadians are fucked. Govmnt growth and spending, housing inflation above normal, abusive taxes on essential needs like electriciy, much like Brazil, yes Brazil has one of the most expensive energy taxes in the world even though we have more than enough sources of energy, because of government.

While many will leave Canada for other places many will come here as immigrants, they will struggle tho to buy their house , it might take ten years or more. I bought anew house on nearly 2 Acres in the Philippines, retiring there.

So many sly comments against Indians but when you went to the most dangerous part of Brampton, it was all ethnic white Canadians, who are drug addicts and homeless. So Indians aren't the problem here. Canada brought in too many immigrants and the local ethnic population could not compete with newcomer Indians who can often endure a lot of hardships and find innovative ways to earn money and live decently. Yes there may be 15 in a house in some places but at least they're not doing drugs or roaming homeless. Not immigrants' fault that the govt miscalculated and locals couldn't compete with the newcomers.

Bro your hate for Indians is real \nU know it feel some shame what do u mean by don't feel Canadian like only white Canadian's culture is considered Canadian? Brampton has same houses with wood structures and roof on top same as rest of Canada they work , pay taxes , abide by law , ( every race has criminals) i totally condemn criminal activities done by brown or Indian people they should be put in jail or deported from this heavenly country u can't just come on streets and start your racist rant on people yes immigration has increased recent years but it's still way less than European immigration which happened in 1700's u can't think way if you are a white nationalist which this host is indeed

@5:55 as a business owner i can confirm beureaucracy has ruined Canada as well. Too much fees , tarion requires 25000 per home in deposit. Long delays for approvals from cities, Hefty city fees are also adds on which are pass on to consumers. Forign investment is also an issue. Coupled with air bnb exploitation , single owner owns multiple properties hence shortage housing. Monopolization in food and carbon taxes etc have made Canada un livable

The crazy thing is that some Canadians still have faith in Trudeau's party or just have too much trust in the government that they can turn this around. I want to see this country prosper but every few months I just keep on seeing new policies that the current government makes that just doesn't make sense.\n\nFew things to mention\n- No more investment in more roads by the federal government (I understand they want essentially to have citizens use cars less but they haven't provided a plan on how that money would be invested? I have yet to see trains being invested to connect cities such as High speed rail?)\n- Increased carbon taxes (most premiers were against this but they negged it on)\n- proposal and voting for Increasing taxes on capital gains (impact business that invest in Canada)\n- This is a positive thing but also happened because they polls went to the dump (increased investment in housing) and then decrease foreign student admission for future years ( I think this is where liberals say they have hope, but it's at a point where they messed it up and now are trying to fix it to make it look like they are fixing someone else's mess\n- The government is also just adding more policies we can't afford such as Dental plans for certain incomes, food in schools while the free health care doesn't really feel worth the taxes when the quality is not there. ( This is how they want to be the good guys when the conservatives need to cut costs to help resolve this mess)\n\nThe liberals are kind of like that guy in the family that takes a loan, pockets some money for corruption, then gives money away to charities saying I'm the good guy, and then doesn't know how to pay the loan back so asks for their family to help fund the debt.

I've experienced life in Montreal and really enjoyed it, but living in the USA has its own unique advantages and challenges. While there are both positive and negative aspects to living here, overall, I find it quite comparable to other places I've known. One of the standout features of the USA is the affordability of housing combined with higher incomes, which makes financial planning more manageable. Additionally, I've found that making friends here seems easier, perhaps due to the country's diverse population. When I first moved here, before getting married, I effortlessly connected with many Americans who were welcoming and open.\n\nHowever, I do have concerns, particularly regarding safety issues like crime and school shootings, which is why I've opted for private schooling for my five-year-old daughter. This is an added expense, yet manageable given the higher income levels here, which still allow for a comfortable lifestyle in a sizeable home outside the city center. Many significant companies offer opportunities, especially in New Jersey where I live, and particularly for those with higher education in STEM fields.\n\nIn my experience, opportunities in Canada or Europe can seem more limited in comparison. Despite this, I envision retiring in Europe, drawn by its unique appeal and lifestyle.

What i dont understand. \nIs Canada has such small military. \nIt sucks off the u.s for defensive. \nSo why doesnt that help?\nAlso its the Chinese on Vancouver that had housing pricing problems. \nThey bought everything up

same in united states, housing affordability is mostly out of reach to everybody and apartment rents are so ridiculous but canada is one of money laundering of the world

I'm a Canadian citizen with permanent residence in the states. You're delusional of you think it's any better here. I'd rather be in Canada where I don't go into debt for breaking my leg, because the housing and other things the video is saying is just as bad here.\n\nAlso think it's weird that the video starts with immigrants are leaving Canada but then immediately blames them for the rising housing market? Which is it? Are they leaving or are they staying buying homes? It can't be both.

Stop bringing in immigrants then and then watch your economy crumble. Canada has no problem bringing in immigrants who work hard, do all the long haul trucking and work all the jobs etc people born in Canada don’t want to do. Blaming immigrants for problems is as old white supremacy and racism in this country. The story of Building this country off of the back of new immigrants is as old as the railroad that built this country all done by Asian labour.\n\nPeople born in Canada also don’t want to have kids. Our birth rate is much lower than the US and other western countries. A high birth is the lifeblood of an economy and the future of a country. \n\nWhite people who are homeless and drug addicted is somehow the fault of immigrants? What a stretch. Brampton always has had white trash going back to the 1980s. I find it funny when the trashiest white people interviewed are calling immigrants a problem LOL. As if they were adding anything to the country other than drinking molson Canadians and smoking cigarettes all day in their garage like King of the Hill and spending their welfare check on drugs and beer.\n\nThe real problem with immigration is that the housing targets haven’t kept up. I feel bad for people who are living on the street and hopeless. This isn’t only a Brampton problem this is a problem across the country. If there’s anything this video highlights it’s the low housing issue and the targets set by the government. \n\nThis country will always need immigrants to support it. The key is to make sure we have the infrastructure in place to support everyone and that’s not the fault of people aka immigrants who come to this country and are told life is good here. It’s a problem of city planners and politicians who aren’t doing their job properly.

The intro to the video kind of portrayals your biased doesn't it? You introduced the elections and who one and the state of Canada now indicating your biased that all of our problems are takings to political reasons. People are easily swayed with words sometimes opinions should to given lightly with all factors and not just the ones the help your opinion seem correct. You should include historical events that started the housing crisis in Canada. Even your graph only showed a spike of immigration intake but only AFTER covid but you sway the conversation to think the intake was so different when even your graph shows it stayed the same till covid. Number of those facts would have been more convincing to strengthen your opinion. Numbers are nice but not when it's placed in again, places that help make your opinion correct. In that case, only one side of the story and most facts are hidden this way. I enjoy the pictures though, nice editing. Lots of videos makes it more engaging and not lose people's interest

If no one wants to live in Canada, the house prices would be dirt cheap. The title of your video is wrong.

You are FREE to leave when youre ready, just quit speaking about my country like that! Get a successful job and work hard and get a life!!! I arrived in Canada in the 70s and have contributed to the society am still working contributing to the economy own many houses love my country. If you can't do well and succeed move on!!! You don't have what it takes!!!

As a Canadian that lives right on the Canada US border, I went to the states in very early '80s, 4 times. Not going back any time soon. Darien Lake and House of Guitars in NY, Mackinaw Island. If Dodo trump is elected(he won't be) I will never go back because the US will becone the new North Korea.

One of Canada's problems is that 90% of all their inhabitants live within 120 miles of the U.S. border, so most\nare seeking to buy homes in the same area, thus 'skyrocketing' prices! We must remember though, that the \nCanadian dollar is only worth $.75 American, so a $400k house would only be $300k in the U.S. & $3k rent would be\n$2,250. here! The biggest problem is that Canadians are woefully underpaid & should also demand a major tax break!

Canada is very beautiful country honestly they tried! However I feel the pain of African travelers truly It's sad. All the blame must go to for sooo called African politicians/leaders. They're the problem! GOD blessed the continent but there is no caring leaders their greed is leading Africans to live their country. Canada is trying to protect their citizens also who are already in the country claimed refuge. As you know there's shortage of shelters and house rent is expensive. GOD help everyone Amen!

Want prices go down in Canada? Go home. As soon as immingrants leave the housing prices will go down as the demand declines.

Canada has self created problems whether it be housing, gas, immigration,food ect.

Housing affordability isn't a unique problem to Canada. It's a problem in other countries too. You're delusional if you think that the US is inexpensive.\n\nI agree though that zoning laws and existing homeowners are blocking development.

Canada house price is matching with Switzerland ???

Canada doesn't need anymore immigrants. They are a nuisance and have largely contributed to the housing crisis fueling over population growth -- too much demand, not enough supply. Plus immigrants get murdered in Canada too and many can't speak English. Healthcare resources are stretched thin as is. No more immigrants. They can stay in India.

If i compare Today's Canada with my home country Greece during crisis period(2010-2017), the wages in my country was, and still is crap but the good thing was the extremely cheap housing due to a housing crash. That helped me buy two properties. Now it's almost impossible to be a first time buyer. Now also, especially after covid, the energy cost, food cost, made even people like me who are owners struggling to cover daily costs(living in my own property and renting out the other + working overtime). I decided to move to Copenhagen, but i quickly realised that it's not much better, and i couldn't use my qualifications. Now i'm working double the average person here to be able to afford to buy a sh*tbox in a smaller city, and i cannot sell any property back home bc i will pay a huge capital gain tax as a Danish tax resident. My rental income from Greece can't help to get bigger mortgage in Denmark, but i think my income is enough for anywhere outside Cph. ...i don't want to imagine how Canadian cities, London, Australian cities are for the average renter/1st time buyer!

If you haven't noticed, the population of Canada has increased a lot, putting pressure on the housing market and economy in general.

So people don't want to live in Canada yet the primary driver of increasing housing prices (that you say the government is responsible for) is people coming from out of the country to live in Canada. Also, are you suggesting the government should be building/financing housing? This video just rattles off problems and presents incoherent reasoning for many of them. One of the few issues you were building a strong causal chain on--natural gas prices--the government did exactly what you imply they aren't, which is act...in this case by reversing course on the carbon tax.

Health care zero, Housing planning zero, Immigration overcrowded management zero. Why to move Canada?

Woah and I thought the American housing crisis was bad, but Canada just takes the cake to a whole other level!\nI mean sure there are the expensive states, like California, but not even their prices pale in comparison to the absolute monster of renting or buying a home in Vancouver or in Toronto.

Even Canadian born Indians are annoyed theres too many Indian immigrants entering Canada. Most are useless students who apply to B-rated colleges like Algoma or Conestoga (who makes millions off of them), and then dont get good paying jobs afterwards. Because they studied useless programs. These Indian students use college as a loophole to gain fast PR in Canada. Majority of them are scammers. Some become nurses and truckers because thats where the demand is. Then they sponser their entire families from India. This contibutes to over population growth, where the demand is high, and housing supply is low. Families will also pool their money together to buy houses. Problem: The Government Allows it.

It’s crazy the way people forget that Canada doesn’t end at the end of Quebec. I hate to break it to you, but there are still affordable places to live in this country, They’re just mostly not in the urban centres of Ontario, Quebec, BC or Alberta. If you actually choose to acknowledge the existence of the other six provinces, you can have a pretty good life in this country! with that being said, I also have a good friend who’s making $100k a year fresh out of university in downtown Calgary. Everyone saying salaries are too low, there are no opportunities in this country, I’m curious to know what opportunities we’ve actually lost? Just because they aren’t being afforded to you doesn’t mean they don’t exist, maybe this should spur some self-reflection. You do have to work hard to succeed after all! \n\nLife is hard, always has been. If you actually talk to your parents instead of trusting what others on the internet say, who also weren’t alive during that time, you might realize that things really aren’t that different now. Despite what the internet will tell you, a minimum wage job was not enough to afford a house and a car 40 years ago. Shockingly, a minimum wage job doesn’t pay enough to get you a house and a car now either! Crazy how that works

I've wanted to move to Canada since my childhood. The first time I tried was when I was 22 years old; I received a scholarship for Humber College. Unfortunately, my dream was postponed because I broke my leg. I attempted again at 25 years old, but I didn't have enough money for a comfortable immigration process. So, I decided to accumulate more funds and try again.\n\nNow, at 30 years old, I find myself in a different situation. I've just bought a big house, and I'm living a simple, calm life in Eastern Europe. Here, I have everything I need: a safe environment, the freedom to travel wherever I want, and minimal taxes in my industry. Healthcare is excellent, with no waiting times, and the food is amazing.\n\nDespite these comforts, I still have the opportunity to move to Canada. But I find myself questioning why I was so obsessed with it since childhood. I realize that I earn more in my home country than the average Canadian, even after taxes and rent. Perhaps Canada nowadays is more appealing to individuals from India, the Middle East, and Africa. If I were from these regions, I might still consider moving there. However, moving from Europe to Canada seems like the biggest mistake I could make right now. \n\nCons of Canada: 1) Misconception about communism. 2) High taxes, up to 50% in some cases. 3) Expensive rents(we all know u won't be able to buy anything decent there. 4) Perception of social conformity among Canadians, where sensitive topics may not be openly discussed for fear of judgment. 5) Disparity between the country's overall wealth and the financial struggles faced by some citizens.\n\nPros of Canada: well, I didn't find anything I could not find in other countries developed countries.

Canada hid its inflation in the housing market for a decade. The economy appeared to be growing, and real wages appeared to be staying in line with the consumer price index, but it was smoke and mirrors. If you removed real estate, GDP was stagnant. Wages were actually falling behind and people getting poorer and poorer without realising it. That’s finally become unsustainable, and inflation is showing up everywhere. And the wages are still stuck. The country is sitting on hugely valuable resources it could develop had it not put so many self-created political barriers in the way, and having indoctrinated their population about it along the way. Separately, The healthcare system is getting worse, consistently ranking 2nd last in the OECD in terms of real results delivered. The biggest problem is that the country’s economy is built on immigration to drive growth, rather than productivity, efficiency, or innovation. The more people you bring in, the more housing you need, but they’re at the point that they can’t keep up and people can hardly afford housing anyways. It’s a recipe for disaster. I left Canada by coincidence, having met someone from another country and moved there. I’m glad I left.

Not enough housing has been a problem for years and has not been taken seriously, while the feds just allowing too many immigrants into Canada; which leads to more homelessness.

American here. Thank you for making me feel better. I mean, the housing crisis is horrible here, but Canada is a bloodbath.

Everyone wants to live in Canada, and that's part of the problem. Housing and food wouldn't cost what it does if there was no demand.

Why did you make it about Canada, housing price is out of control everywhere because the GOV only makes money from property tax lol. \n\nI wouldn't live in Austin it fucking sucks, you remember their electrical lines FROZE OVER??? lmao they had no heat for 30 days +\n\nI wouldn't live anywhere in Florida because I'm mixed race, the south of the US except California is crazy racist. I'm from Kansas originally and I left when I was 18 because 18 years of racism is enough for me. I have lived in LA since 2010 and I have no problems affording a house working a regular 9-5, nor do I get accosted by the police daily. \n\n\n\nAs they say, Grass is always greener.