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big problem with the housing is also trudeau taking in so many immigrants and refugees before having enough available housing for everybody. I think they were taking in 200k people a year. while we need atleast 1million new houses within the next 10 years in order to supply enough to the population. There was also an issue with forieign purchases where people from other countries were buying houses in canada and nobody living in them. Trudeaus votes comes from majority indian people and arabic since thats a lot of the population in canada, and to win those votes and get more hes friendly with them accepting a lot of immigrants from those countries, its not a bad thing since a lot are very well educated and their peaceful people for the most part, but the problem is there isn't enough housing. Even renting has become competitive , owning is near impossible without help. Trudeau really messed up the country, houses are riduclously expensive and they often go into bidding wars if in a good area, banks interest rates keep going up now, loans are harder to take out, sadly we need to limit the amount of immigrants that come into the country until the right number of houses are built in the country, if anything new and major cities need ot be build in other locations with jobs in order to get more people spread out around the provinces. Once there is enough houses and jobs i believe the doors should be open to whomever wishes to come (obviously with a background check) but until then there should be a limit so the houses stop going up.

In the 1960s in Canada we could buy a house for 1-3x the average household income despite most women being housewives. Since then the population of the country has doubled due to immigration and it now costs 6-8x the average household income to buy a home, despite that fact that barely any women are housewives anymore. But I guess its okay because we have iPads now.

The problem with Canada is the high immigration rate overwhelming all infrastructure including housing and health care and keeping the construction ponzi scheme going - occupying far too much of the economy.

Let's talk about homelessness and house price in Canada. We see tent cities emerging in Vancouver and Toronto, millennials still living with their parents, the us wins more points in regards of housing price, but noth receive zero points in regards of tackling homelessness

while I agree with a lot of this video theres one crucial aspect this video neglects and same with the commenters here.. POPULATION. \n\nCompared to countries like denmark, sweden, japan, france, uk, etc. we have a much bigger country to maintain landmass wise. Infrastructure. USA is similar but they have 10x the population as us. Our population in canada is pathetic. Problem is everyone stays in ontario or BC which is stupid, im in sask I want population. Another thing about infrastructure is our climate. We have such drastic events in our climate across our huge country that takes a toll. Climate problems with our low population is not a good thing. I mean most people outside canada and even within Canada dont believe me but Saskatchewan goes from like -45 to +45C with windchill/humidex. Our forests are on fire often, that is not normal. That costs so much money to fix as well. In summer sometimes, Nunavut or NWT will be warmer then here, we talk about it here when it happens. Think about that. Weather is HUGE in saskatchewan. We talk about weather daily. I never realized until internationals pointed that out that we are obsessed with weather in sask lol. \n\n Our housing market is a joke and I agree we need to invest more in buisnesses but at the same time we need affordable housing, we are in a weird spot. As far as working etc goes people commenting here lol the golden years of the 80s are gone old timers, my parents realize this that you guys were spoiled in one of the greatest time periods in human history - post WWII boom and the effects. I could go on and on how the 70s-90s were one of the best time periods in modern history for various reasons but I wont. There are problems internationally, we live in a globalist world. We still have it good. Go travel and make international friends. This is nothing that we are dealing with at the moment. All I will say though is leave the huge metropolitans like Toronto and Vancouver. Everyone wants to go there because they think 'theres more opportunity' ugh. Theres opportunity across canada but if everyone things like that there will be problems. The idea of Ontario or BC is just a big nope for me (although I go to BC every couple years, love it there I would not want to live there).

Canada like Russia and Australia suffer from the Dutch disease. Mining and agricultural assets should be taxed and the money used to diversify the economy housing should cease to be an asset class and become a choice between renting or buying.

Housing speculation is one of the greatest misallocations of capital ever in Canada. People are being rewarded as their home prices increase while literally contributing nothing to the economy. What product was made? What innovation or increase in quality of life was there? Landlords and employers are exploiting immigrants for rent and cheap labor. The government is happy to go along with record immigration as long as tax revenue is increasing.

It seems that Canada is not a successful and prosperous country. It has become almost impossible to buy a house by working. it takes millions of immigrants but there are already millions of unemployed in the country, do they take so many immigrants to fill the empty lands, yes, but immigrants are not filling materials

The brain drain part really struck a cord with me. Canada spent tens of thousands of dollars subsidizing my education only for me to leave in my mid 20s to seek better opportunities in the US and get away from their housing crisis. I tried to stay in Canada but even the top companies had vastly lower pay compared to what I could find in the US relative to the cost of living. The biggest difference I've noticed living in Canada and the US is in Canada the smartest people I know are investing in unproductive real estate and in the US they are hustling to start/grow STEM startups. In my view, the worsening housing crisis in Canada will only exacerbate some of these stats in the coming years.

Unfortunately these days canada is just a banana republic, but replace banana's with housing.

I was an international student in Canada and am now a neutralized Canadian. In the last 5-6 years, Canada has increased their immigration target every year. A lot of people coming in boosted the housing price, additionally, putting a burden on healthcare

Canada shouldn't be a part of G7. It's economy, based on housing is a pure joke!

I emigrated to Canada in 2020 and I like to live here but I plan to relocate to US in this year. And there is only one reason for that - real estate. It is literally impossible to buy a house in Greater Toronto Area where you need at least 1 million to buy something decent.

The Canadian government has screwed this country for decades!! And the massive flood of immigrants is screwing millions of Canadians. And the extreme lack of housing to buy or rent is a absolute joke!!!! \nFamilies that have lived in the same house and neighborhood for 30-40-50 years are having to sell their houses and move to a different city or even to a different province! This Country hasn’t been Canada or Looked like Canada in a decades . ☠️

I came to Canada 2months back with a job with an above average salary but already figured I can't stay here for too long as it's not a place to settle down unless you are a factory/construction labour. It's a beautiful beautiful country with so many amazing people. But people who are running this country are not passionate or caring about Canada rather to their capitalist masters. For every problem I hear that it's not clear whose responsibility it is, fed, state or city or district etc. If you love Canada why would it be so difficult to figure that out as it is not a country created 2 years back. And housing prices can't be fixed till a decade at least, as you can't expect to devalue the assets by half suddenly, so you have to wait till the inflation normalizes it.

So spot on! House of Commons should watch this video 10 times and act! What's the point of being the most educated nation when you lose all your talent to US. Innovation should be highly encouraged by the government and any new tech/science companies that produce value should be paying way less tax to stay and continue generating value in Canada. Canada has great universities and losing all its talents to US, so not acceptable.

slumlords in canada buying more houses and renting out for more money !!

The trouble with Canada is that no political party is capable of simultaneously gaining power while also making the difficult structural changes that would make the country more competitive. Successive governments have pandered to the needs of baby boomers protecting their housing wealth, to the detriment of literally everyone else. Young Canadians head south where they can make 2x more money, knowing they can always come back when they are rich. It’s a terrible predicament with no easy solution.

As an immigrant in Canada I would never reinvest the money I get here. I rather put it into US stocks or buy property outside the country. It’s impossible buy here and don’t be fooled it’s not because of immigration but lack of new housing and building permits.

I think the one thing wrong in this video is I don’t believe Canadian’s would rather spend more on living then elsewhere. The cost of housing takes up most income and therefore can’t invest it… not much of an option. For example a dumpy house in Canada costing more then a castle in Poland (not joking).\nI get the importance of Immigration but come on man… i just wana buy a home lol.

We have a leader who seems to be deeply invested in shutting down our oil and gas industry. He shut down oil and gas. Which put hundreds of people out of work. Then he slapped us with a carbon tax. He told us the carbon tax dollars would be invested toward producing green energy projects and manufacturing jobs. So far, the Carbon tax went up again, he banned plastic straws, he’s hitting our farmers with heavy restrictions on fertilizer, because it’s not green enough. \nMany of our indigenous communities have been living for years with contaminated water. He promised he was going to ensure the indigenous communities have access to clean drinking water. He has not fulfilled that promise. \nHe’s bidding $30 billion dollars to hopefully sign a deal to manufacture electric car batteries for Volkswagen. \nHe’s investing in other projects, as well. Unfortunately, he’s only investing in eastern provinces. \nSo far, there has been no investments in western provinces yet. Many of the out of work oil and gas workers in Alberta, Saskatchewan and Manitoba are still waiting on the jobs they were promised. \nLow wages, high inflation, high taxes and high income housing is bringing a lot of us to our knees. \nOur leader is corrupt. It seems like every week there is another corrupt scandal he and his government are involved in. \nI can’t speak for every Canadian, but I can say with absolute certainty that a large number of us are sick and tired of our current leader. Most of us live with the hope that if our leader can get voted out. Canada may have a chance to go back to the way our beautiful country used to be.

Corporate America turns a blind eye to this because they want cheap labor. That’s why you’ll never see the immigration issue resolved until there’s full blown violence. The same thing is happening across the developed world. In a country like Canada, where the labor pool is coming from India, the social programs would fail if not for the taxes and fees collected from these migrant low wage earners. But it’s fuelling the housing crisis and other social problems. Complex business folks.

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.

Yeah, I've been talking to a Canadian over discord for almost 2 years now trying to learn more about the country and what he told me was shocking. Canadian make about 25% less and pay 33% more in taxes then American and somehow a house in the middle of goddamn nowhere cost as much as a house in Portland. If you live in NYC, SF, or LA yeah you can forget about buying a house but its not like in America housing is unaffordable everywhere like in Canada. In Texas, you can get a big beautiful house for 300k, the catch being that real estate taxes is really high and you still be paying that even after the mortgage been paid off. Florida is affordable but hurricanes, Cleveland is really cheap despite a good reputation, and a house in the rural areas is easily under 100k. Canada pretty much have no houses under 300k which is made worse by the fact that they make less, taxed more, investment is harder + more expensive, and it actually hard to establish credit because they don't have looser standard like in the US.

Shey I no go kuku sit down for house like dis? See Canada wey person just put for mind since.

it's funny I moved to Canada a little over a year ago and I want to move back to Australia for some of the reasons you want to leave Australia and more. Housing affordability here is a pipe dream unless you like living near mountains and want a laid back life like the life in Perth, in Calgary. But Calgary's job market is not great and that pretty much extends to every province except Ontario and BC. Living cost in Canada is very high... compared to what I experienced in AU, this is more expensive than living in Sydney. (I live in Toronto but this extends to Vancouver as well.) The healthcare system is weak, inefficient and inconvenient. Bureaucracy is again very slow, inconvenient and in some cases so backwards. Banking is not great, super inconvenient, not people-centric, inefficient and very much backward imo.. work-life balance or quality of life is way better in AU. Infrastructure development is slow and not great at all for a world-class country and personally, I expected better from Toronto.. (I do understand why it is the way it is right now, some justified reasons but some not so much) Things I do give props to CA... Diversity and inclusiveness is not just marketing slogan like in AU.. I don't feel like an outsider here... Its incredible. Job market is here much better than in AU. If you're moving from a country like AU, you will feel how capitalism here is made to make more money out of you every step of the way. But also, you will see how you can use that system to make alot of money. I think Canada is a great place to live if you're an entrepreneur or business person and making money is a primary requirement. But if you're someone who loves quality of life and work-life balance and want to probably own a good house, right now CA is not there. Also this doesn't mean CA isn't great, its fantastic... but compared to AU, canada comes short in many fronts. Also I love the weather here even if we have a pretty long winter.

Canada fared well through the GFC because it doubled down on housing. The economy is built on mortgage debt.

After watching this video if you think that what is going on in Canada is not crazy, then take note of the fact that Trudeau government is also making it even harder for gas and oil companies, mineral extraction and even farmers to basically do their job. While Norway, Arab countries and even US are ramping oil and gas production, in Canada Trudeau is concerned more about increasing carbon tax and the rainbow flags. Honestly I'm very disappointed in this country, it's becoming worse and worse here. Prices are through the roof, housing is insanely expensive, even car prices are higher than in USA. Many people have to maintain 2 or even 3 jobs just to survive. And if you are a recent graduate or an immigrant professional, good luck finding a good job. You probably will end up in a minimum wage job that barely allows you to rent a room in someone's basement, pay for your most expensive in the world cell phone plan, expensive cars.... and wait 6 months to go see a medical specialist. If you're thinking of immigrating to Canada, better consider Europe, USA or developed countries in Asia. I was lucky because I bought property back in 2016. Now it appreciated so much that I'll probably sell and move to a different country. Hard times are ahead for Canadians, Canada is gonna become Cuba #2 very soon

We barely have housing in Canada too?

As a Canadian I find this utterly terrible. These migrants will either add to the chaos of the mass housing crisis, crime and antisocial behaviour Stateside which will ultimately spill onto Canadian borders. We just shut down Roxham road a few weeks ago yet these ILLEGAL ALIANS KEEP CLIMBING ACROSS CANADA US BORDER. CANADIANS AND AMERICANS NEED TO UNITE TO KICK THESE MIGRANTS BACK TO WHERE THEY CAME FROM. WE DONT HAVE HOUSING OR THE SOCIAL ASSISTANCE THEY REQUIRE AND WE DO NOT WANT THEM AS ILLEGALS. IF THEY WANT ENTRY APPLY LIKE NORMAL HUMANS AND STOP ACTING LIKE RATS. IM TIRED OF THESE REFUGEES COMING INTO CANADA TAKING UP ALL MY TAX MONEY YET I, A CANADIAN BORN WHOS FAMILY IMMIGRATED PROPERLY INTO THIS COUNTRY IN THE 1940 HAS TO SUFFER AND TAKE HOME LESS THAN HALF OUR PAY CAUSE TAXES EAT THE REST THAT GO TO THESE IDIOTIC MIGRANTS. I HATE THEM.

Okay let me get to the point I understand immigrants that migrate from other places that are suffering and so on the only thing I am against once we have immigrants in this country like us and even Canada we as US citizens and in some cases the Canadian citizens we be left in the back burner while the people that are not from here they tend to get first priority which is not they get more of the services then us citizens especially when it comes to food stamps health insurance housing jobs and so on. I understand they're human like everybody else but don't cast us to the side just to cater to them.

Canada has s full.\nNo housing, no spaces in schools, and it just getting worse .

Lol this is funny what do you mean by quality of like 45k average salary (the avg income of canada) and houses selling for millions and 30-35% tax with day care charges of 900 $ for day care ,even canadians are leaving Canada and then you are posting this videos.

Now we need Trudeau to get rid of all the illegal entry people being housed and paid by Canadian citizen tax dollars. Stop providing hotel accommodations for people that entered Canada illegally. Take them to a legal border crossing,and process them like anyone else. Trudeau should be arrested and charged, for assisting illegal entry into Canada, and for providing assistance to illegals in the country.

it's ok 85% of them just continue on to Canada. Both out countries are drowning FAST... Today Ontario alone announced plans to set into action to build 1.8 BILLION new homes. Who can afford to live in them because anyone living here CANNOT. Average rent for a Average house is 3500.00 per month plus water, gas, and hydro. To buy they want 20% down and Average price is 1million for a starter home. \nWorld wide we have a MAJOR issue we ALL have to get rid of the evilness with in and make the world rigorous and good again. We the PEOPLE hold the power.

I love seeing how easy it is to illegally migrate to Canada when housing prices are already off the charts, and overpopulation and microsocieties are taking over our cities and towns, with insanely slow building development to compensate. Gotta love Canadian hospitality, especially when it screws over the people already living here.

I think I will die because of the weather temperature lol. Never mind ? I hate the cold!! My aunt is a nurse in Milan and tried to migrate to Canada years ago. She tried. She said it was all perfect, the hospital.. the house… except… winter is really fierce she said. She moved back here in Italy not even a year after. She said Milan’s winter is already rough, but it is rougher there lol

It only seems fair that the USA has all the Mexicans and Canada because of Justin Trudeau. we have almost a million Afghanistan people in CANADA. Yes, we have housing problems n now welfare income though the roof.\nI wonder what year was Desert Storm.??\nAnd I wonder who these Afghanistan people are going to vote for...lets all guess?, Justin Trudeau 2025

Meanwhile in Canada, Toronto has become a tent city while refugees are housed in hotels and then public housing. \nI have always been a supporter of immigration and refugee asylum but it's becoming obvious even to people like me that we can no longer afford to bring in more people who sadly will continue to just drain our system until it collapses. \nThe average person is barely keeping their head above water with rent and food prices. There comes a point when you have to acknowledge that your cup is empty and there is nothing left to give.

Canada's 3rd World Mass Immigration policy has made Canada a 3rd World country. 70% of immigrants are poor and unskilled. They cost tax payers $60 billion every year in debt and taxes. Immigration creates poverty, homelessness, food bank use, leading cause of crime, gangs, guns, causes higher food prices, higher rents and housing costs, increases CO2 and climate change= Carbon Tax, causes huge environmental destruction. Political hypocricy everwhere. After 50 years of this failed policy Canadians have never been so poor.

This should have been done from the beginning, those supposed asylum seekers are put in hotels at our tax dollars. There is NOT enough housing for those who have legally come in.\n\nWhy should these border jumpers skip the immigration line. Want to come to Canada do it thr right way. This isn't a free for all.

I'm from south east Asia, 20 yrs ago i always aspired so emigrate to US or Canada as a professional. But that intention changed. Life is cheap here, very little homeless, as housing is well planned, weather is hot and humid all year round. Water and electricity is dirt cheap, gas is USD 1.7 / gallon. And we have better family upbringing environment as crime rate is far lower because there is no gun rights here.

entered canada can get free housing and healthcare if they managed to get refugee status, refugees are nowadays better off than normal canadians, at least refugees dont pay rents or buy a home,

Canada actually has a stricter policy on refugees than the US. Although detention of asylum seekers is provided for under Canadian law, the criteria for its use appear to be tighter than in the US. In 2017(one year after Trump's administration), Canada had 6251 immigration detainees 2017 compared with 323,591 held by the United States that same year. And the US has insanely more cases of refugees than Canada. Canada's immigration policy has a preference for economic benefits, and the approval criteria for refugee claims are stricter too. Take a look at the Express Entry Programme. Most of the applicants have to get a master's degree to be granted a PR in Canada, but the US is more favourable on Family reunions or Refugees. Although Canada has its own problems, such as housing issues and a healthcare system that might worsen by increasing immigrants, in general, I think the US should learn something more on Canada's immigration policy which is on a talent basis.

Immigration is over stop it … Canada and USA are full we cannot house our own people

People should be aware comming to Canada is a trap!! The highest tax rates in the world, welcome to Canada where the governent will take half your salary and good luck finding an overpriced house to live in!!

This is meaningless. Canada is letting in Millions of immigrants per year.\n\nAll that being with them different cultures, religions and needs to jobs and housing that we don’t have.

I’m Lebanese , i applied for work permit 1.5 year ago, got approved a month ago and got my visa 2 weeks ago( for Edmonton, Alberta). My hourly wage is 16.46$ before tax. I’ve calculated my cost of living ( rent, food, transportation, etc.. ) It was acceptable back then . When i applied earlier , it was my dream to come to canada. I’ve struggled a lot to get the visa and I’ve booked a flight that was supposed to be next week , but honestly things have differ from when I’ve applied. I used to see affordable housing and cost of living, not anymore. Things have changed there, from cost to living to rents to increased crime rate ( it’s even higher and more tragical than Lebanon itself in his worst current situation) and so on and so forth. I’ve literally canceled everything and I’m not even regretting my decision.\n\nWorking on a slight above minimum wage, in a weather that’s -20+ for long months just to be in ‘CANADA’ and live from paycheck to paycheck isn’t going to seduce me honestly.

I can't believe we're taking in Asylum seekers from the US are you kidding me? This Country is a mess it's lowest but our Government just keeps sticking us with paying for anyone wanting into Canada. We shouldn't have any homeless vets & why does Canada think we can afford more people? Our small house we worked for & had 2 children in won't be able to keep it because the cost of living & taxes keep going up. Hours being cut & not enough money to put away. Building supplies doubled after the pandemic. I can't find the medical help I need. God help us as our Government isn't going too. No more people we should start a movement like the truckers that took over our City last year.

What a joke ,caneven supply housing to citizens but filling Canada with votes,what a disgrace .these countries where migrants are coming from and are rich in natural resources and agriculture. The problem is .The government which is corrupt should be charged with war crimes against humanity . But . The political parties are using them in a game of pawns