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As a child in a Toronto, I Iive with my family of 4 in a 2 bedroom apartment and it’s very cheep 1,800. But that’s because we got our apartment 12 years ago! The other apartments around us that got renovated costs like 3,000! wtf ??

He is right about one thing. The foreign investment and money laundering is the by far the main reason why housing in unaffordable. The oligarchs around the world are able to make an immense amount of money by keeping housing unaffordable. It is the same in Australia, the US, United Kingdom and so on. Regardless of the party in the Canadian government, many of the officials are invested in the housing market themselves, so barring some kind of economic emergency or catastrophe, housing costs are not going to go down any time soon. I was living in Montreal and 4 kg of beef ribs cost $116. The food costs combined with the housing, guarantee that Canadians will be screwed for years to come.

Trudeau reminds me of Nicolae Ceausescu (the communist Romanian dictator of the 80s). He too prioritized the image of the country seen externally, at the cost of its people. The neglect of the people led to catastrophic consequences.

There is a lot of hate towards people of Indian origin in Canada, especially due to social media influence that portrays a stereotype and negative image, however, there are many Indian immigrants too that are leaving Canada for good, because apart from rising expenses, living costs etc, people are done with the hate towards the community as well

8:47 that's a graph of _consumption,_ not cost...

Absolutely shameful video completely lacking nuance and in some cases full of blatant misinformation. 7% of Canadians move to the US? Seriously? Your highlighted text clearly says 0.7%. Cost of living in Canada is higher than the US? Have you...actually ever been to the US? Or, looked at statistics like the CPI? Living in the US is in no way cheaper.\n\nWe have genuine issues here and they need to be talked about, with a nuanced lense. This video and your production company are clearly intent on enabling polarization for views rather than being actually informative. You should be ashamed of yourselves.

Yea I sure can't stand the way things are here...jobs are few, housing costs a fortune,, food is also prohibitively expensive....life used to be good here....now it's a constant struggle for survival ?

it's the biggest dump I ever had misfortune to live in. Unlike Europe, the cities are block-like, ugly, grey, and polluted. There's homeless , drugged up zombies everywhere. Cars run you over everywhere. There's no culture of humanism (just for show). It looks like a 3rd world war zone without a single soldier or shot being fired ! Quite an accomplishment. On top of that, taxes are in the top 3 highest in the world and you get almost nothing for this huge cost. Other countries have half or a third of the taxes and have better infrastructure and pensions! I had parents who worked entire life, paid 50% tax and get 2k cad (like almost 1.3k usd) a month! What an insult to justice this socialist dump exemplifies. Huge costs, low quality of everything. You have to be a Sadist to set foot in this country. Northern Extremes like Canada and Russia are actually very similar in bad outcomes.

I am not joking when I say Canada is more expensive than Switzerland.\n\nI was in Canada for a 1 Year Exchange. The cost of stuff is RIDICULOUS! The thing is: Switzerland is expensive yes- but Swiss salaries are also higher on average. In Canada tho stuff is just expensive. I was flabbergasted by the food prices and especially the price of mobile plans!!\nIt was cheaper for me to buy a “North America” mobile plan in Switzerland (Basically a mobile plan for USA and Canada) than buying one in Canada for only Canada ?

Well in Cascadia country Portland, Seattle and Vancouver, BC we all have great transport not only in the cities but also city to city. Yes, the cost of living is still expensive.

I moved from Hong Kong to Canada and I had to make this tough decision of political environment (increased CCP involvement) vs. higher cost of living in Vancouver, and after weighing up the options I chose the latter with Vancouver having the slight edge. The mountains and nature we have here are what keep motivating me.

I am 22, I have a good degree from a good university and cant get a job for more than minimum wage that people without degrees are already doing. I was born here, my mother was a Polish immigrant, and I am doing everything I can to leave. I am taking a certification to teach English and I hope to move to central Europe. The healthcare systems are different province to province, the economic opportunities are poor, the cost of living is insane and unless I marry rich I will never own a home here. Its not worth it, get out while you can.

The government has caused this problem. It needs to get out of the way. Elect people that push for progress, it's not the liberal party. Promises from the government to build affordable housing, or subsidize housing will always under deliver and just cost everyone else more.

9:16 The carbon tax is more costly to the economy than doing nothing to fight climate change (as long as you don’t count the cost that climate change itself will impose on humanity), but it is less expensive than every other alternative to fighting climate change (Cost per ton of CO2 emissions reductions). The amount of disinformation perpetrated by conservative politicians is infuriating. They are absolute liars.

Since 2016, many International Students started coming to Canada and they moved to Brampton in particular so they wouldn't have to assimilate into Canadian way of life. I'm a Punjabi kid born and raised in Canada, who grew up in Brampton. Brampton has gone to the shits post 2017/2018 when all these International Students invaded Brampton. The older Punjabi families are moving out of Brampton and are moving to other towns, while some of them rent out their old homes in Brampton to International Students. Old Punjabis are suffering from this the most, maybe you should've interviewed Canadian born Punjabis or Punjabis who have been in Canada for dozens of years instead of interviewing some new comers and a couple crackheads. Not only are these new International Students fucking up the neighbourhoods we've been living in, they've ruined our reputation that our parent's/grandparent's generation worked their ass off to establish in Canada. Maybe Trudeau or whoever the fuck is in charge, should raise their standards of what kind of International Students can enter Canada and have a more difficult English proficiency test. Canada wants Internation Student money, but at what cost? They let in a bunch of buffoons who have no respect to the Canadian way of life.\n\nThat being said, you kind of showed a biased perspective, you interviewed a bunch of crackheads in downtown Brampton. The Sikh Gurdwara you showed actually feeds 100s of homeless people everyday. Gurdwaras all over Canada are contributing more to society than any other religious establishment including Churches. Sikh Gurdwaras give free food to anyone who visits the temple, even during corona virus they would give out packages of free food. I've seen many homeless people getting their food packed from Gurdwaras.

This WEF elitist globalist socialist lap-dog has printed money and spent like a drunken sailor and created this none sense. \nThe solution: reduce the absurd licensing, taxing, and permit charges equaling 33% to the cost of a home. Encourage more homes via incentive and vastly reduce the developing tax, fees, and levies. These incentives mean young people move to Lethbridge AB and not Vancouver (for example)\nCut the F#cking carbon tax\n\nGet rid of Trudeau\nGet rid of the scoialist/WEF/ Liberals-NDP\n\nGet Poilievre in FAST and start reducing government, taxes, rescind EVERYTHING Trudeau has created and infected us with, and reduce business barriers to increase Canada's competitiveness domestically and internationally.

The problem isn't always from a federal perspective. British Columbia fools elected a socialist government who have also created hardships with high cost of living, terrible health care, and housing bureaucracy. In fact, being a landlord is so burdensome, many are selling their rental homes because it's the only way to escape the cumbersome challenges of owning them. This is adding to the crisis because renters are being evicted in BC because people like us are getting out of the rental game. It's not worth it anymore.

Truth is the immigrants were lied to. There is an economic crisis which make living cost unbarable even for middle class. There are no available dwellings/ appartments anywhere below $1500 per month. Poor immigrants comes here with no job and no place to live. But even if they find work, still have no dwelling they can afford. That is unless they pack 10 or 15 of them in a one bedroom place. If the newcomers would have known this about Canada, none would come. Exept on occasion, millionaire newcomer comes from time to time.

A shitbox in Vancouver vs a mansion in Austin. I chose a palatial residence in Brisbane vs the dump that is Edmonton. It was the legal costs that really forced me to leave Canada.

Please end the policies of bilingualism and multiculturalism in Canada. Translation of everything costs taxpayers and businesses, which taxpayers pay for in the end.

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!

This is why people hate politics, hate politicians, distrust the government, feel hopeless to ever own a home like one they probably grew up in that was 10 to 20x less expensive than prices they are facing. The home I am sitting in cost $120K when it was built in 1977, now it recently sold for $1.2 million, a 10X increase in price, up from $400k just 10 years ago. So now to own a normal middle class home in suburbia near Seattle, you have to make $250,000 per year in income, so the American Dream and American Middle Class are vanishing ideas.

Born and raised Canadian and lived 22 years of my life in Canada. Left Canada in 2005 and till this date, zero regrets. I went for an academic internship in 2004 during my Bachelor's in Electrical Engineering to University of Texas Austin. A professor offered me a position in his research lab for master's, so it was more like studying in US free of cost and earning monthly stipend for doing research. \nI never considered this as permanent move but quality of research I did in US, the opportunities and salary I received I could never imagine that in Canada. I am still in touch with my university friends in Canada work at low wages on obsolete tech stuff, with no innovation at work. Many of them want to move to the US, but for 10+ years they worked on outdated stuff, so they cannot compete with the talent pool in US. Even in 2004, I remember healthcare being bad and I keep hearing stories about how worse it has become. In US, I am covered by a good health insurance, I had surgeries for myself and my kids, and we never had any issues. Honestly, I can no longer trust Canadian healthcare with insane wait times for my kids safety.

Born and raised Canadian and lived 22 years of my life in Canada. Left Canada in 2005 and till this date, zero regrets. I went for an academic internship in 2004 during my Bachelor's in Electrical Engineering to University of Texas Austin. A professor offered me a position in his research lab for master's, so it was more like studying in US free of cost and earning monthly stipend for doing research. \nI never considered this as permanent move but quality of research I did in US, the opportunities and salary I received I could never imagine that in Canada. I am still in touch with my university friends in Canada work at low wages on obsolete tech stuff, with no innovation at work. Many of them want to move to the US, but for 10+ years they worked on outdated stuff, so they cannot compete with the talent pool in US. Even in 2004, I remember healthcare being bad and I keep hearing stories about how worse it has become. In US, I am covered by a good health insurance, I had surgeries for myself and my kids, and we never had any issues. Honestly, I can no longer trust Canadian healthcare with insane wait times for my kids safety.

I feel the most important issue for discussion can be boiled down to one question: Are pro-environmental regulation beneficial to the people? Personally, I believe the regulations have gone too far because the current mindset of protecting the environment from growth and development is now showing to come at a cost to the people.

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.

I can tell you why I'm leaving...mainly for a far better life. This country ain't worth the effort. Housing and taxes are ridiculous and the economy is failing, besides our dollar having no buying power. I reject enslavement because I've worked hard enough to live in a country where housing is 1/3 the cost, food is affordable and high quality, great weather, great social life, and much more fulfilling overall. I don't know why anyone would buy into the lie of a Canadian dream...that ship sailed way back! ?

Too many immigrants, high cost of living and bad weather

I am not planning to move to Canada. Nevertheless: I simply like your video. It just. names facts! And it reminds me of my and other countries in Europe. The most common problem is the cost of housing! Nevertheless: Should you intend to move: The grass seems to be always greener on the other side ?. As you mentioned Germany and public transport: It depends where you live, but according to my experience they did a gr8 job in Munich, but the demand exceeds supply nowadays. I wish you good luck in Canada! It is still not the worst place to be ;-)

Just today, saw an interview from an immigration agent encouraging people to move to Canada. Did he talk about high taxes and living costs, foul weather and housing crises? Not at all, he spoke as though it was still the 2000s and Canada was the place to move to. Will he be held accountable when the people he's advised to move there find out they earn a little more but pay much higher taxes? Not something I'll be betting on.

You keep describing it as an “infamous” ethnic enclave, kind of like when Oppenheimer says “Lewis Strauss was once a lowly shoe salesman”. It’s just an ethnic enclave. It’s not really that different from Scarborough, it just hasn’t been amalgamated with Toronto yet.\n\nI’m not pro-immigration, I think we need to sort out this cost-of-living issue by any means necessary (including limiting immigration if need-be). But you could walk through my city and interview people who would tell you that its dangerous, drug-ridden, gone downhill etc. and we’re still fairly white. I feel like a lot of what you’re seeing has as much to do with urbanization as immigration.

Sometimes… it is better to LEAVE Canada once one gets the passport to avoid high living costs and crappy services (healthcare among others) and high taxes. It is sometimes a good idea to use the passport and experiences (make sure it is not from those survival jobs they lure to many immigrants) and use that elsewhere… to me, 3 years after uniting here, I knew I wouldn’t retire here nor buy a house here (not worth it)!!!

Sometimes… it is better to LEAVE Canada once one gets the passport to avoid high living costs and crappy services (healthcare among others) and high taxes. It is sometimes a good idea to use the passport and experiences (make sure it is not from those survival jobs they lure to many immigrants) and use that elsewhere… to me, 3 years after uniting here, I knew I wouldn’t retire here nor buy a house here (not worth it)!!!

Sometimes… it is better to LEAVE Canada once one gets the passport to avoid high living costs and crappy services (healthcare among others) and high taxes. It is sometimes a good idea to use the passport and experiences (make sure it is not from those survival jobs they lure to many immigrants) and use that elsewhere… to me, 3 years after uniting here, I knew I wouldn’t retire here nor buy a house here (not worth it)!!!

You facts are way off to the point of being misleading. Then average cost of a home in the GTA is $1.2 million and by law you need a 20-25% down payment. Even if you're lucky to get that $800k home you need a 15% down payment of 15% so that's $120k! Incomes here suck you need over $250k to qualify for a mortgage...who earns that? My circle is lawyers, entrepreneurs, engineers and only 2 income professionals can get that. Over the last 10 years Canada has become very anti families and anti heterosexual so most people are single. It's also become super anti social. I've lived and traveled all over and everyone I know is making plans to go back to their home countries, countries of parentage or the US or Mexico. This place is a money sucking trap filled with identity politics, High crime, bad attitudes,bad weather and no social life

home ownership is out of control in Canada because of Chinese moneys in real estate. I understand this is targeting Justin but the real issue is the Chinese investment pushing up prices to unreasonable levels. This is happening in other countries like Greece. New millionaires are picking up real estate in record numbers and thousands of new millionaires are being created in countries like India and China. Many of this could be money laundering like Russians and Chinese do in London and Dubai. What Canada needs to do is make it more expensive for overseas investors to buy homes, crackdown on criminal investments, increase the stock of homes, and reduce construction costs. Trudough does not have the balls to do any of this, as liberals generally lack discipline to be financially prudent.

I own a mid sized home in northern BC, share a vehicle with my spouse, work 70+ hours per week (when there is work) in the energy sector, have a second job when I’m home, my spouse works part time. Last year we earned $130,000 combined, took one 4 day vacation and were living paycheque to paycheque. We don’t have drug or shopping addictions, our basic bills cost $7000+ per month, and we’re one of the lucky ones.

Ultimately if you don't like the conditions where you live, we all have 2 feet that we can use to walk away and leave an expensive city (or country). There are far, far cheaper places to live in North America (see nearly any Latin American country and most South American countries). You vote with your feet: literally just leave and move to a cheaper cost of living area. It's baffling how expensive homes in Vancouver are, yet they cost 20% as much if you move to a rural place in Manitoba or Saskatchewan. \n\nYou actually don't have to continue pay high prices; only if you choose to not act and stay in your current expensive city.

living in Canada today is so stressful. the cost of living is too high.

Advice for Canadians: Move to Vietnam and teach English. Warmth, beaches, low cost of living.

Canada is a disaster. Trudeau and Sigh are a disaster. Crime is rampant. Home prices are astronomical at one and two million dollars. Florida has brand new nicer homes for 25% of the cost at $350k. Does Trudeau think that home builders are going to build and sell for 25% of current prices? Then all those Canadians that paid $1 and 2 million would all be bankrupt having a mortgage at $1 and 2 million. Immigrants couldn't care less about Canada, and want their neighbourhood to look just like the one they left in the other country. Trudeau and Singh have done a wonderful job of destroying what was a wonderful country before the woke/progressives came to power. A renter on Vancouver Island.

You have Hollywood, Amusement Park and Disney World??? So no I'm confirming that it's not a thing. We also have amazing Amusement Park. We don't need superficial Hollywood and Disney World is a dream land for kids that costs thousands. No we are good without those. \nI did live in the US for 4 years and I was miserable. It was not my choice to go, I followed my husband.

You guys living in Montreal have literally NO business talking about cost of living lol. The rest of Canada is significantly more expensive than most American cities when it comes to cost of living vs income

Canada has US style cost of living prices on 3rd world salaries.

Money talks with Michael Campbell has covered the cost of govt red tape on new builds for several years. The cost runs more in the 25-30% range.

8:50 It's kind of misleading to relate gas prices to income and then say Canada has the highest gas prices. As a matter of fact one unit of fuel in Canada costs half of what it costs in France or Germany. It's just that Canadians probably use more fuel because they don't believe in public transport like Europeans do. Median income in Canada and Germany is roughly the same.

What I can't stand about living in Brampton is that some Indians are ARROGANT, RUDE AND AGGRESIVE. So many Indians in Brampton created CORRUPTION as they give a PASS to their own people in any possible way and at any position. Drive Centres run by Indians grant DRIVER'S LICENCES to each and every Indian including those who don't pass the exam... and then people wonder the reason for traffic accidents and the high cost of insurance.

Great overview. One thing that this video hasn’t touched on is the absurd cost of shipping in Canada. Huge barrier and significant impact on product price.

She meant to say “Israel is on its way to murdering every Palestinian who stays, do you think you can clean this up & bear the costs so Israel can get away with their atrocities”. The media in the west is controlled by Zionist so I’m not at all surprised at such a presumption question. Israel is bleeding political capital & can’t stop it.

I agree with you 100 percent. I live in Markham; I used to live in Toronto.\n\nIf you can't afford the cost of living in Toronto, stay away.\n\nIf you worry about your personal safety, stay away. The rise in home invasions is very worrying. The rise in subway crime is very worrying.