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| 2023-11-03 | 0 |
The last man said Canadians don't recognize the contributions of immigrants. Nice try, buddy! Trying to blame Canadians when it's the housing shortage and inflation which are to blame. Basically, the government's mismanagement of the economy and lack of vision for our country.
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| 2023-10-16 | 0 |
Canada was good, but it has gone downhill immencely in the past decade or so. We are now in the top 5 countries on earth for housing cost to income ratio. Many Canadians can't even afford a home or rent here any more. A one bedroom apartment in Toronto where I live can go for 2,400 a month. Millions of immigrants arriving and the economy has largely stagnated despite all these new people. Lots of blindly partisan Liberals here though that will never admit the country is in serious decline. Don't let them lecture you about healthcare and social safety nets either there are literally MILLIONS of people in Ontario our largest province where I live that can't even access a family doctor even if they were willing to pay for one. With the number of people not being able to access basic medical services here I would not call it unviersal any more.
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| 2023-10-02 | 0 |
Hi Lynn, this is a very interesting conversation. I moved to Canada in 2003 went to college and became a nurse. First of all it was not easy paying for college I was lucky that husband was supporting with the bills as I went to school. So I would say that I have skills that are very marketable. Our combined family income was over $100,000 CAN. We mortgaged our first home which was very basic for a LOT of money. We had our kids and we had to struggle with childcare as most young families do. By North American standard, we were doing good. We each had a good car ( loaned), we made trips to Kenya every so often but in 2016 we decided we wanted to move back home and we sold our home and we did. I HAVE NO REGRETS. There were several things that made us reach our decision. First, I truly believe that for the Canadian system to work as it does, it has to entrap its residents. Even after 10 years of work we did not have money in the bank. Everything we owned really belonged to the bank. The light bulb moment for me came when I evaluated my net worth. A primary school teacher in Kenya after 10 years of work with good financial management will own a plot, a simple house and will start to invest for retirement. After 10 years of work, there wasn't much in the account, our house would need 25 years to finish paying mortgage and to be honest there wasn't much to show for those years of work. Quality of life really sucks the amount of stress will definitely send you to the grave sooner. This is the case for most first generation immigrants. You might say you are sacrificing and building a future for your children but, my observation was since our diaspora children have not grown in Kenya to see the need for money and what life really looks like without the comforts they are used to, they do not have the same drive as the parents so they often do not excel they are just ordinary. There is also the struggle of growing up as a minority group. A lot of our children because they are seeking acceptance will struggle with self esteem, will have depression or will join the LGBTQ community where they get sense of belonging regardless of their colour. The morals are also different from their parents and they are shaped by the society they grow up in. When I looked at what my life would look like if we kept living there, lets say we eventually pay off our mortgage, when we are old and requiring care, our children will not be able to support themselves and support us because they have to work to sustain themselves so we would to move to assisted living or nursing homes. The cost of senior care is not covered by the government unless you have no money. so we have to sell out home which would be old and outdated but still very expensive and we would have to pay $5000-$10000 per month depending on the type of care we need. so as you can see if we ended in a nursing home for 5 years we will have depleted all the money we made from the sale of our home. So by the time we die, we would not have money to leave for our children. So we worked really hard, supported the economy, and die leaving not much at all for our children, we sacrificed our quality of life, and ended up with children who don't think much of themselves or have very distorted morals. I still remember in my mind as we drove to the airport on our way back to Kenya, I thought of the story of Lot. He was pretty successful in Sodom but I'm very sure on his death bed he had lots of regrets why he ever went there. I know its tough being in Kenya but if you have a job or any way to make ends meet, be like Abraham. God will bless you regardless of whether you are in the dessert.
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| 2023-10-02 | 0 |
Canada is going down.The government build that economy around housing. Most people from China bought so much of those houses.They don't live in those houses,it's a way of most Chinese millionaires hid their cash because the government in China can confiscate your money and property at any time if you get on the wrong side of the government. So there's a high chance that economy will crumble just like it happened in the us in 2008.Proble is that ,Justin the PM is not being checked and there is nothing to save Canadians from this crush.Kenyans can still move to Canada but be informed, it's not a bed of roses,you might get punched in the mouth,make a conscious decision.Know what you're getting into. Do your research.
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| 2023-09-29 | 0 |
be prepared for 20 years of slavery REAL SLAVERY before we can re-sustain economy with robots..... hyper inflation economic great depression x5... its coming they are purposefully orchestrating it also.... this mass immigration is insanely bad for americans and canadians the fact still nothings being done about it shows..... they dont care... if they can short stocks betting will go down they will..... if they can cause housing crisis like never before to keep their housing market from collapsing the billionaires 1000 propertys then they will
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| 2023-09-19 | 0 |
The homeless situation is man made created by Liberals. They opened boarder to the every one from across the world specially from African countries who flew their country for crimes.. Now its all over.. They also brought almost 2 million student without any housing and healthcare fix. Now I can see 4 to 5 students live in one room basement apartment each pay $700 a month.\n\nWe are now dropping below other G8 countries in terms of living standards. I remember back in early 90s when Harper was Prime Minister. He use to bring most wealthy business people to come here to open business and employ Canadian. That has boosted the Canadian economy until Trudue came to power and destroyed every thing been built. \n\nWe are fearful our future generation what kind of Canada they will get after 10 to 20 years from now. I hope the Liberals will be out and new PM will do some real work on to stop these useless immigration, international students who mostly come here live not for study as they give up after a year or so due to high cost of fees..
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| 2023-09-02 | 0 |
You have to understand that the reason Canada brings in so many people is to suppress wages and deplete your savings on tuition, housing and food. It hurts both Canadians and newcomers while the large corporate employers, schools and real estate profit immensely. We really do have a rentier style economy where we don't produce many innovative products and instead the top 60 companies (financial services, real estate, telecom, energy, grocery) just extract rents.
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| 2023-08-04 | 0 |
I grew up in India and moved to Canada despite having family in the U.S. because I did not want to go through the shit show that is American immigration. That said, with the housing situation and generally how expensive things are in Canada, after 15 years, despite being a tech. worker, I decided to leave the country. I moved to Japan and despite the shrinking economy and demographic woes, I feel quite relieved to be out of the unsustainable shit show that is Canadian housing. Not to mention the weather, the absence of any dynamism in society or its culture, plus many other factors. It's been over a year now since I'm out and I frankly don't see myself going back unless there is a sustained correction in housing prices.\n\nFurthermore, I think immigrants don't understand how exploitative the Canadian economy can be towards newcomers. The problem with living in Canada vs. the U.S. is not comparable really at the level of immigration. Canadian immigration is easier but the problems of living in a smaller, less economically and culturally dynamic, more expensive, colder country never go away despite you having quickly received the opportunity to settle.
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| 2023-07-29 | 0 |
Canadian here. It's unfair that you compare Shopify to Google with Google being one of the largest companies in the world. Also the housing market crisis in Canada is because we have an unsustainable housing bubble that should have poped over a decade ago but didn't and a large chunk of the economy is tied to housing. I was almost kicked out of my socialized house because they want to go from renting to selling it at market value
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| 2023-07-29 | 0 |
I am a Canadian immigrant myself.. was forced to voluntarily leave the country after 20+ years of living and working there.. it's a well known fact that Canada is taking in almost an un capped number people that can't make it to the US or other countries.. the numbers are high and nowhere near sustainable for the economy to support so many. It's common for us H1B workers to migrate to Canada permanently and their employers normally move their US Jobs to Canada as well, with a lower pay and pushing healthcare and retirement costs over to the Canadian system while doing so.. just make a trip to Canada to see for yourself what this has done to Canada.. unaffordable housing, salaries that don't cover the cost of living, a healthcare, retirement and education system that is on the brink of collapse, widespread homelessness and fentanyl abuse, just a destruction of society and the nation overall.
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| 2023-07-25 | 0 |
The problem with Canadas economy is that the canadian government is 10000 percent dependant on running its economy using the IMPORTED money of so called immgrants from Asia and Middle east into Rear Estating, permanently creating hyper inflation in housing prices and ensuring the banking ponzi scheme does not collapse, as their money in real estate bails out Canadians and banks, via higher and higher and higher home prices. CUT THE CRAP AND LIES, this is 100 percent the economic policy and has been for years of Canadistan, the other is pouring 1000000 of so called foreign exchange students to pay 40000 for to attend one of the 1000s of crap fake colleges....to come to canada and get their prs and import and pend 100k ish per head in to the countrys economy.
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| 2023-05-03 | 0 |
As a Canadian I can explain our problem: Our elected PM. He's absolutely gutted our energy sector and has made it clear the only economy that can function in Canada is Quebec & Ontario's economy, which accounts for government employees and white collar workers.\n\nThat's lead to Canadians moving to the US for work, home ownership, lower taxes, etc etc.\n\nCanadians that do stick around: Aren't interested in running a business, they tend to wind up working for the government for that stable income, and the only reliable way to get a good pension w/o managing your own finances.\n\nOur PM blames Canadians who own a house and a rental property rather than the thousands of foreigners who've been let in who buy 5+ properties to collect rental revenue.\n\nBusinesses won't invest in Canada anymore until there's certainty in our economy - And Trudeau ain't offering any guarantees besides wish washy threats to cut sectors.
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| 2023-04-29 | 0 |
Canada still uses 70s and 80s mentality when operating the country.\nImmigration is important, but is managed extremely poorly. Many new migrants struggle to find a home and to get the proper documents to establish themselves, like the rest of us.\nCanada allowed foreign buyers to buy properties and lands, which have driven the housing market to an insane level we see today. Canadians have to go into debt just to have a roof.\nThe current government spend too much time/money trying to look morally correct than actually doing his freaking job to balance the economy. I don't understand why Toronto and Montreal still vote for that drama teacher who is as horrendous as his father was in the 1980s. Now all we have as an alternative is a neanderthal from the conservative party.
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| 2023-04-29 | 0 |
In 2009 I questioned if I could ever own a home but I was still working hard at my career and had some hope if I met the right women to marry. Then along came Justin Trudeau. Within 2 years of his goverment that dream faded fast. Everything I saved and my individual salary still wasn't enough. Property taxes and carbon taxes make it absolutely impossible here in southern Ontario even far a small home not without trying. I always get out bid on the 316 homes I tried to purchase. I can't pay 30%-70% above market value on a single income. Turning in my pensions isn't even an option. I'm not gambling away my retirement with current crrupt Liberal goverment that continues to raise taxes. To give some an idea just how single parents are crushed on taxes. I pay 53% of my income on taxes and get almost nothing back when filing my taxes cause I work hard and excel in my career. I get punished for being a hard work and risking my life to do so. Living in Canada has gotten gradually worse and worse the last 8 years. The socialist way of life isn't good. Now the writing is on the wall that it's becoming a communist country. I'm now searching for employment opportunities south of the border to give my child the best chance to making her dreams a reality. Canada isn't giving me any other options. If everything works out in the US I will surrender my Canadian citizenship at the earliest availability. It breaks my heart but I just can't allow them to enslave me and my child as she becomes an adult. Slavery is the only way I can describe the last 8 years. Also to top it all off 6 if the last 8 year's basic goverment services have been extremely unstable making doing business with Canada very frustrating. Getting a passport during this time has been delay after delay. Finding a family doctor that is stable almost impossible. \n\nCanada's economy status looks good from a far but its really far from good. Our goverment is literally paying 10s of billions in tax dollars to draw auto makers here and to even keep them here. Just further proof the economic future is very unstable. Probably even more so then the housing market. \n\nOur PM isn't even hiding his goverments level of corruption anymore. He actually brags about it at home and on the world stage. \n\n\nI worry about my future more then planing for it. Hopelessness has definitely set in. Now I'm in damage control by no fault of my own to make sure no possible debt are passed on to my daughter in the next 25 years when I'm gone. Even that is looking to be unachievable in my particular situation. It's my worst nightmare to leave my kid with any owing debts.
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| 2023-04-27 | 0 |
This is very surface-level analysis. If you want to dive into why Canada's economy is so uncompetitive you have to look at its constitutional framework. Inter-provincial trade is more difficult in Canada compared to Trade in the states or the EU because NAFTA, and the EU trade agreement are more efficient compared to inter-provincial trade frameworks the senate estimates these barriers cost the economy $150b in GDP per year. By comparison, Australia with a similar constitutional structure to Canada managed to harmonize many of its inter-state/ territory regulations leading to increased GDP growth and has long outperformed the Canadian economy. Furthermore, Canada's indigenous rights framework is far to restrictive in terms of allowing the governments to actually govern. This has cost us billions in FDI in projects tossed out by the courts and projects that will simply never be considered due to political and regulatory risks. \n\nThat said, if Canada wanted to improve this situation without meddling in the constitution one thing they can do is to allow housing to catch up to the population. We have the fewest number of dwelling per capita in the G7 in the highest population growth in the G7. This is a recipe for a housing shortage which ensures that a lot of capital will flow into the housing sector simply because it offers promising returns relative to the risk of operating a business. I believe Canada grew by over 1,000,000 residents in 2022 however we had 240,000 housing starts (4 residents per dwelling) and average house size here is 2.51 residents per dwelling. \n\nThat disconnect between housing starts (see regulatory framework above as to why we can't build enough houses) will just cause more capital to flow to the sectors making the business investment environment worse.
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| 2023-04-20 | 0 |
Canada is a super expensive country, I've been here for 30 years and still renting houses, unable to save for a downpayment to buy my own house, paying rent forever with my husband and not being able to afford to have kids either. This country is depressing, you go to college and then work and have nothing. Canada is not a happy country, people are broke, paying too many taxes and not getting the proper services, there is a shortage of family doctors in Canada. Also paying too much for rent and gas. The socialist government makes things harder year by year, they don't develop the economy to keep up with the times, the liberal government has a lot to do with the crappy economy here. They create policies to make everything extremely hard for Canadians to succeed. If you are thinking of coming to Canada, think twice, it's a trap, it will take you years to be able to afford anything, you will struggle most of your life.
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| 2023-03-26 | 0 |
We have no way to house them...our economy is falling apart. Only jobs available to them are minimum wage....we don't need more Walmarts and fast food. Building 1000s of condos tracks over valuable farmland and environmentally protected land is not being Canadian.
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| 2023-03-23 | 0 |
Where are these millions of new immigrants going to work? Since the election of Liberals, Canada has had the slowest growing economy in the industrialized world! The world expects Canada's lacklustre performance to continure for the next 20 years. So are these new immigrants coming with suitcases full of money to invest in new companies? Are the skilled tradesman coming from developed nations with similar building codes and material or from countries that build houses without any codes or inspection? Do the Medical Doctors receive the same education as 1st world doctors or are they like doctors in most developing and 3rd world countries where they enter medical school straight from Grade 11 and graduate 4-5 years later with a medical degree and their medical experience is all with 3rd world diseases? OR what is more likely is that these new immigrants will have to go back to school (paid for by Canadian taxpayers) to bring their education and skills to the minimum level of Canadians? It will take the average new immigrant 6-10 years before they are making a net positive contribution to the Canadian economy. This would be affordable if our economy was outpacing other industrialised nations OR if we had fewer immigrants but this is a strategy for bankruptcy. My prediction is that the Canadian dollar will be $0.60 USD within 5 years or less. My recommendation is start moving your savings and retirement funds to the USA.
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| 2023-02-27 | 0 |
I was born in Canada, and lived to see the change from traditional values to this mess...\n\n1 - homelessness\nthe rents and other things went up, and welfare does nt match it. even minimum wage does nt cover it in some cases, \nit s a given that you will finish on the sidewalk, and that does that many will turn to drinking and drugs.\nit will not last long however, as winter comes and there are nt enough shelters, so they conveniently die.\nyou could invest billions, it will not help if you have bad management, you have to dig deeper...\n\n2 - racism\nit s a bit of a backward country in that sense, many rural areas were very late in receiving immigrants,\nso they re not used to see diversity, unlike the US lets say, so there are parts of the country where acceptation\nwill be low, they will discriminate and gossip for sure, but it s more backward as it is racism.\nin time, when they get to know you, it goes away, and they realise how dumb they were.\nI live in Quebec, and you can blame feminism for that, they see Muslims as a symbol of patriarchy and feel threatened.\n\n3 - medical\nit s been like that since about the 90s, again, bad management made the system crash for some reason.\nI admit that I m not sure of what happened exactly there, not enough doctors for sure.\nmaybe it has to do with income, as they can get more revenue in the US or elsewhere.\nI suspect that hospitals s management - administration is too slow and crowded, but I m no expert.\n\n4 - technology\nyeah, well, it s expensive here, cell contracts, internet, probably because of distance, but I suspect\nthat we re being cheated a little too, and since again, we re a bit backward, we re used to the old methods.\nwe re not fast to adopt new trends or fashion either, it s very traditional here mostly.\n\n5 - taxes\nwe have federal and provincial taxes, plus purchase taxes, so yeah, we pay a lot of them.\nexactly, it can vary from 30 - 60% for sure, overtime does nt pay that much, 2 nd jobs can build you a big bill.\nyou re better to save on expenses than trying to earn more, you have to be cheap.\n\n6 - Canadian experience\nI m born here, but I heard of many stories about immigrants s credentials not fitting the local standards.\nin some cases, it sounds ridiculous, and closed minded, not accepting outside concepts and ideas.\nI did nt know about speaking English, but I sure know about French in Quebec...\nhere, it s very insecure about the language, almost paranoid, without speaking French, you will have many troubles.\nagain, it s mostly about bad management, and rules and mentality that self sabotage.\n\n7 - housing\nlike mentioned before, the real estate in general has jumped tremendously.\nI m no financier expert, but an overview of economy tells me that banks compete between countries,\nand they will recourse on artificially inflating the value of real estate, and that plainly kills people.\nthis is the main reason of the homelessness you see on the streets.\nyeah, the soundproofing is quite poor, and some very old buildings can cost a lot in heating.\n\n8 - well, crime is on the rise, and citizens supporting the law and public safety is not very encouraged by the system in place.\nin some way, you re better to shut up than supporting the police... this has to change!\n\n9 - the social services are biased, and impose their vision if you want help.\n\n10 - the mental health policy is too wide, and makes you ill instead of helping.\n\n11 - the pharmaceutical companies are too influencing, and make people sick instead of helping.\n\n12 - the food regulation is lacking, it is not strict enough, allowing chemicals, gmo, and radiation.\n\n13 - feminism is almost radical, especially in Quebec, they segregate genders, and dividing us, it makes the country weak.\n\notherwise, you pretty much covered it well.\n\ngood work sissses.
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| 2022-12-31 | 0 |
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.
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| 2022-11-01 | 0 |
immigration drives the economy. $1000 or more is the application fee mom refundable. White people are racist blaming immigrants on economic and housing problems. That's why there is a 25 per cent tax on non landed immigrants buying houses. Each dollar a person spends created $7 in the Canadian economy. You do the math. 500,000 times $1000 times $7. That is $35,000,000,000. billion. Just the application fee generates how much money in Canada. This does not include the people who applied and not allowed in. It is non refunable. This does include how much money generated by New immigrants spending money. New immigrants are what drives the economy with whatever money they bring here and spend buying cars, furniture, basic necessities and if possible houses or condos. Canada has a declining birth rate. What jobs is this guy talking about? Do a job search. There is no manufacturing in Canada. If any are kept in North America will go to Mexico. White people blame China where people are willing to work hard for less and no union formation or complaints. He does not mention the fees visa students pay which is 5 times Canadian Students pay at university or college is used to offset Canadian students so they pay low tuition fees. Knowing the real reason Canada needs visa and immigrants and how much money it generates just by the application fee, immigrants and visa students don't owe Canada nothing and other countries should adopt the same strategy to attract immigrants. Unfortunately the majority of Canadians are English, Scottish, and Irish which are racist blaming Canada's economic and job problems on immigrants. The majority think they are entitled and ignorant and arrogant. That's why they are called mange cake and Malakas and other names by immigrant groups. That is why you have China towns, Greek towns, Italian, Portuguese, INDIA , Jewish and other ethnic towns and ethnic communities don't visit small white towns or move to other provinces. Canada clean up your problem.
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| 2022-11-01 | 0 |
Disgusting populists can get bent. We need to support CANADIANS not the vulnerable of the rest of the world. We have our own vulnerable. We need to take care of them first. What you are doing is sick. You are replacing a generation of babies that weren't born due to financial genocide with foreigners that are not wanted here. Our economy doesn't need more cheap labour, it needs more well paid labour. We need the price of housing to come down and that means lower population density. If businesses can't find enough employees then boohoo, PAY MORE. Replace the minimum wage with a living wage if you want to grow our economy and population, rather than the pocketbooks of the rich while they scab off the new cheap labour and continue paying meager wages that are getting our economy nowhere but benefit them greatly. This is cultural genocide and you need to stop, NOW! You don't see us burdening India with an additional 500,000 political refugees per year, now do you? They wouldn't allow it. We shouldn't either. I am angry about it and I hate my government for being such horrible sell-outs while throwing Canadians under the bus for a business bribe. I'm never paying taxes again. NO TAXATION WITHOUT REPRESENTATION! What a s^%t hole fascist country we have become. it appears I was never appreciated and my hard work here was for some foreigner to get ahead, not me. Gotta keep those wages low and the price of housing up though, hey!? You awful idiots! I stand on guard for thee Canada and I will not allow her to be ruined for the greed of a bunch of scallywags who are selling her off to the lowest bidder for profit while they hurt everyone who lives here and wanted to see this country become great.
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| 2022-10-15 | 1 |
At this point, Canadian economy runs on basis of this exploitation of desperate international students.\n\nThousands of houses in BC and Ontario have mortgages that are being paid by international students living in basements.\n\nCanadian housing market would collapse in a day if we didn’t have these many international students coming in everyday.
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