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Wake up, Justin Trudeau was elected by the white House. Justin is now a Puppet for woke policies. A Canadian has no clue. The election is rigged for Justin to always win. NY London Paris all rigged to screw the poor people. It is designed to get the poor people out and the rich in. Wake up.\nPoor people are leaving NY. Canada will be the same.\nOnly one problem rich people do not mop their own floors.By destroying us they destroy themselves.

Wake up, Justin Trudeau was elected by the white House. Justin is now a Puppet for woke policies. A Canadian has no clue. The election is rigged for Justin to always win. NY London Paris all rigged to screw the poor people. It is designed to get the poor people out and the rich in. Wake up.\nPoor people are leaving NY. Canada will be the same.\nOnly one problem rich people do not mop their own floors.By destroying us they destroy themselves.

Wake up, Justin Trudeau was elected by the white House. Justin is now a Puppet for woke policies. A Canadian has no clue. The election is rigged for Justin to always win. NY London Paris all rigged to screw the poor people. It is designed to get the poor people out and the rich in. Wake up.\nPoor people are leaving NY. Canada will be the same.\nOnly one problem rich people do not mop their own floors.By destroying us they destroy themselves.

Wake up, Justin Trudeau was elected by the white House. Justin is now a Puppet for woke policies. A Canadian has no clue. The election isКиска зрелой женщины rigged for Justin to always win. NY London Paris all rigged to screw the poor people. It is designed to get the poor people out and the rich in. Wake up.

Literally identical to Australia. Immigrant influx and other similar factors causing housing prices to sky rocket, supermarkets dominated by 2 monopolies, making record billion dollar profits, all while the average Australian suffers. Same with rentals, 100s of people showing up to open house days

Blaming the sharp increase in immigration over the past 2 years as the primary reason for a housing crisis that began 10 years ago is extremely dishonest. Or extremely dumb. Not sure what you are.

*shrugs* Canadian here. No interest in leaving, especially to the US of all places.\n\nI mean think that through. My income tax is around 17% of my income. My capital gains on investments is around 15%. I get free health care (which while obviously not free - is paid out of my taxes, yet isn't rationed or in-network restrictions, doesn't have copays and cover 90% of my medical needs). I have a government that even at its worst, is orders of magnitude more rational and public serving than the US (and god help you if Trump gets back in). Not to mention a country that doesn't literally have a major gun violence/mass shooting even EVERY FRICKING WEEK, unlike the US.\n\nAnd yes, I live in Metro Van and I have an 850 sq ft two bedroom apt I'm renting for $1250/mo - so maybe the problem isn't simply that the housing market is too tight (which it is), but that you've picked a city in high demand that's boxed in on four sides - ocean to the west, mountains to the north, US border to the south and what little farmland the lower mainland can sustain to the east. You could, of course, move elsewhere in Canada like Edmonton or Calgary, but yeah...not whiny enough, I guess.\n\nSorry, you're entitled to you views of course, but I can't help thinking most of your problems are self-inflicted... so yeah, move to the States.\n\nI'm SURE it'll work out better for you....

if houses and rents are high, that literally means that demand is high which means that too many people want to live in Canada ???

I have a great life here. Its gotten harder but life is still pretty easy here for me for now. I had a harder time in the 2008 crisis when I lost my house,job and my family fell apart leaving me to live in a car for a time. Having gone through that I know I can survive anything and be happy so this current crisis doesn't faze me the way it would If I hadn't already gone through much worse earlier in my life. Capitalist systems are built to crash cyclicaly every 8-10 years so if you are struggling now learn from this, adjust your lifestyle and prepare yourself financially for it to happen again in a decade or so and ride the trough out with a bigger financial cushion untill the next crest. Never take on ANY debt that isnt related to making money or paying for a place to live!

Canada, as inhabitable as it is in most parts, is literally empty… and just has 40 million people. You can build numerous satellite cities with a million people in each of them over a decade, housing, commerce, schools, hospitals, infrastructure and all. If the government creates and subsidizes the land, construction itself is fairly easy. Heck, at the other side of the world, I’ve been involved in developing around 1.5 million sqm of commercial real estate in just over 13 years, what are you waiting for?

1. Profiteering on housing Should be globally illegal. \n2. Banks are also a big problem in affordability since they will not stop getting their 300% + profit on a home. \n3. Housing price competition? These are Not commodities. \n4. Housing should be a Human Right, not a PROFIT right.

Wait till Canada’s healthcare implodes under decades of mismanagement and underinvestment. Or the impending social security demise. By comparison the current housing and food affordability crisis is just a child’s play.

Liberals led BC for 16 years housing went up 4 times since 2005. Yet Canadian elected liberal for their federal government I don't know what all Canadians were thinking

Government should NOT run housing. That's simple economics.

Indian here, I applied for a Canada PR and just missed the PR score cut off by a few points, I am from one of the top universities in India, have a computer science bachelors and masters in economics, I am opening my own tech startup here and would have loved to open it in Canada and drive Canada's GDP. \n\nBut you know who get the highest score for PR? Low skilled people who do fake degrees(which are so easy to get it is lame, by the way I can also do it, but it will spoil by education reputation). The immigration system of Canada is a joke, It treats all degrees, jobs and universities as equal. Best of all I was offered to pay $20k by someone to get a Canadian PR. Again I can pay that much but do I want to immigrate to a country whose citizenship is being sold this cheap?\n\nTrust me when I say it Canada is getting the most average and at times the worst people from India. Indian government though should thank Canada for taking all these low skilled people from India that send Canadian Dollars back to India. They take away the middle class jobs, housing, etc in Canada and worse for Canada send back money to India leading to pressure on Canadian currency and reserves.\n\nThe simplest solution is to halt whatever nonsense immigration policy Canada has and only allow three kinds of immigration, people who secure high paying jobs in recognised companies, entrepreneurs that get funding from investors Canadian government recognises and count university scores only from top tier universities. Finally make it super easy for these high skilled people and difficult for anyone else.

Every government that comes in promises the same thing, affordable housing

I love the right wing boomer nutcases who keep crying about affordability all while owning 2 homes and 3 rental properties....news flash, the govt doesnt decide how overinflated housing costs get, you asshole landlords who dont give two shits about folks having affordable housing are the ones to blame.

Its horrible. Houses in my area literally grew by x4 since he was elected. He promised more homes and lied.

2 and 20: housing prices have increased so much in the past few decades\n\nalso 2 and 20: only shows video clips of the current PM elected less than a decade ago

Finally, we have our first Black speaker. What does this say about us? It's a mixed bag of good and bad. It's a positive step forward, but it's also disheartening that it took so long to reach this milestone. However, let's not mistake this achievement as a sign that racism is no longer an issue in our country. We still have a long way to go in addressing systemic racism and fostering true equality, despite the progress we've made. P.S dragging the house speaker like that makes the two look bad no matter what you say.

No one wants to live in Canada? We have increasing immigration which is contributing to a housing crisis, because everyone wants to live in Canada!

i feel hopeless. as a kid, i always dreamed of having a family and a house. now, im stuck living with my parents trying to save every dollar. My gf and I are thinking about moving to the states but it just sucks because I use to love canada so much

When older immigrants sell their old houses to Indians at higher prices then they like the immigrants from India.\nIf they are so against immigration then why they had sold their properties? \nThey knows they can buy much bigger house at other part of Canada and still have money to enjoy further life.\nEveryone is selfish.

This video is a load of crap. People want to live in cities that is why it is expensive. It is that way all over the world. I just sold my mom’s 3 bedroom house for 27,000 in small town Saskatchewan. Took 2 years to sell because no one wants to live in a small town. The utilities and taxes come to only 3,000 a year. As for grocery prices i just came back from a trip to the USA and checked their grocery stores. Their prices are the same or higher and in US dollars.

My favorite are the immigrants who come to Canada and then complain about not enough housing when they are the reason that there isn't enough housing.... You don't care that you've driven up the price of housing for actual Canadians....

Did you forget to mention that 2 of the major conservative provinces are trying to block federal funding for housing to municipalities and how the leader of the opposition has a member of their party who works for a lobbying agency that works with loblaws which is increasing food prices?

If no one wanted to live in Canada then people wouldn't be bidding insane amounts to buy a house lol. People are desperate to move to Toronto and Vancouver.

holy crap. Sorry but as a Nova Scotian I have to strongly disagree . Our housing costs both renting or buying has gone crazy in the last three years . We have people living in tents even in the winter. Homelessness is in crisis. I personally have a friend in her 60s and sick and will be homeless in 3 days as she cannot find an apartment much less afford one Prices in everything has gone sky high. While salaries stay low. Every where you look now you see garbage just thrown. Last year we had devestating floods and wildfires. University students get her and cannot find housing. One international student is paying $400 a month to sleep on a hallway floor. I know housing in all our provinces is a problem. Tent cities are everywhere. People poyring in without us having the means to house them has caused terrible sufferring for all. People shoukd not come to NS at this time. Wait until there are places built to house people. Also our healrh care system is in crisis. I love my province but I dont even recognise it anymore. It is so sad what is happening here. People come here from away and some start youtube channels to tell people from their home countries Not to come here.

My country became a house for lot of people?

Canada does need lots off immigrants to stave off a demographic collapse. But immigrantion means housing issues. And it's not like the US or Europe where most of the immigrants will be on the lower-side of the skilled labor pool: the average immigrant to Canada will be better educated and have more earning potential than the average native. They're going to make more and buy better houses. That WILL cause social problems, no matter what you think of the issue.

Immigration is not what caused the problem. Immigrants are a work force that drives the economy. The really problem lies with the landlords and housing policies

As an Australian. It's as bad here. Trying to buy a house is almost impossible without help. Also, the rental crisis in our big cities is absolutely terrible.

It's the same problem in every big city. The problem isn't the housing industry. It's just that space is always going to be limited. Businesses must be pushed away from over populated areas. Population and houses will follow work opportunities. It's time to manage businesses and expand on land

Most immigrants are staying 3-5 years for citizenship because just like Canadians they realized that by living just across the border they will get paid better with less taxes, better prices and housing and weather. It's just insane that a huge rich country filled with resources for construction and agriculture can't afford basic housing or affordability for its citizens

00:00 ?? 2015 Canadian Election: Justin Trudeau elected Prime Minister promising change. \n01:01 ? Housing Crisis: Homeownership in Canada becoming unattainable due to soaring prices. \n02:18 ? Rental Crisis: Rental vacancies at all-time low, driving up prices and leaving many Canadians struggling. \n04:48 ? Government Policy Impact: Government policies, including immigration and lack of housing investment, contribute to housing affordability crisis. \n06:49 ? Foreign Investment: Foreign investment and money laundering contribute to inflated property prices in Canada. \n07:20 ? Food Prices: Food prices rising due to lack of competition and government policies, leading to increased food bank visits. \n08:41 ? Gas Prices: Government policies, including carbon tax, contribute to high gas prices. \n10:51 ? Economic Productivity Decline: Decline in economic productivity attributed to lack of private sector investment, lack of competition, and government intervention. \n13:00 ? Conclusion: Outlook grim, with challenges in maintaining lower interest rates and addressing cost of living

A country that is smart enough to build such beautiful cities cannot build more houses for its citizens? Something doesn't gel.

Can you please share your sources? I think framing immigration as a major factor for increased housing prices might be misleading. I've read from a few other sources that the impact from immigration is quite minimal in comparison to other major factors.

139700 Indians can't be wrong. It says here that the numbers have quadrupled since 2013 including a 5800% increase in Indian students. \nHow about Chinese immigrants? China is the second largest immigrant group into Canada with numbers expected to hit half a million by 2025. \nAnybody see a link between mass immigration and rising house prices? Everybody in Canada does except politicians. \nOf course it is simple economics. A child can figure it out.

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 support deoprtation and no entry. The country is full. We dont need anymore immigrants at this time with a housing crisis and inflation

As an Arab I wonder, how come there's a housing crisis in the most empty country in the world?

What no one talks about is that the Land transfer tax is charged every single time a house is sold regardless of how many times the same house is sold in a year or 10 year, it is charged every single time. So the price goes up the moment you get your keys. If the government gets rid of the land transfer tax the prices wont increase as fast. The government will never talk about that because they make a killing our of land trasfer taxes. Especially in ontario and cities like vancouver and toronto. Yet they claim to be broke all the time

Interesting video, lots of Indians or people of Indian orgin are also leaving Brampton. They also state it's too expensive. 30% as per news of late are moving back to country of orgin. On the idea of adopting culture, did eurpeans adopt culture of Natives, where are the Natives, to which land did they go to? The culture of those who created residential schools what culture of values is that culture? Was it not that Natives of this land forced off the land, forced into schools taken away from the parents? What happened to treaty rights? We were welcomed here. We did not invade. We did not force our culture on to others. True many immigrants have come is this the fault of those who choose to have pets and no babies? is it the fault of governments promoting smaller house holds in which no parents live with the childern to help raise grandchildren due to expences. It was the coroporations that made the split of family here. This is also causing Indians of older generations to leave the parents, to live a free lifestyle. who will rasie the children? and who will help the parents when they are too old? 100 years back Christians had the same culture of Indians. Parents, grandparents and babis lived in the same household helping one another. Less cars, less insurance, spliting the costs, no baby sitting fees, no old age homes. Know even in India adopting the west coroporate culture have old folks homes. The media and TV in bed with coroporations have made people selfish that they will not stay together. Indians are in the same postion as whites. The older gen is left to fend for them selves, in the coming gen who will baby sit the kids, they to will get pets, it will be too expensive for them to have kids.

Too many came man we have no jobs here and housing

When don't they let indian companies build houses and telecom there? I'm sure they can do this faster and cheaper. Can someone clarify why this isn't an option?

Canadian here, made $250k last year and it’s still not feasible at all to buy a house. Not necessarily because I can’t afford it but because it makes zero financial sense. I’d rather continue paying <$2k per month in rent and invest in stocks than be crippled by a $2m mortgage or more. This video makes me very depressed.

It's not that it's hard to afford a house, it's just hard to find people who want to date