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When I think about my time in Canada, it's bittersweet. I moved there for my undergraduate studies and spent 5 great years soaking up the Canadian culture. After graduating from McGill University, I had a tough time finding a job. Fortunately, I had the support of my boyfriend and didn't struggle with housing, especially in more affordable Montreal.\n\nWe moved to Australia a few months ago, and wow, what a change! I do miss my Canadian friends, but I can't complain about not having to tip for a take-out coffee here! As well as not paying an astronomical amount for asking for alternative milk!

when will people realize that the housing crisis and affordability crisis is the fault of wealthy canadian landowners/landlords, corporations, and policymakers. immigrants to canada suffer the cost of living just as you do. they are your allies in the fight to a more affordable and safe society. immigrants are not the ones who caused a shortage in housing, they are not the ones who caused inflation. turn your attention to the real gatekeepers of a better life instead of punching down on people who are just as hurt as you. if you truly cared about solving the affordability crisis, you should turn your attention to the canadian hoarders of wealth. all this complaint of people who “do not belong here” and yet your family probably came here as immigrants just a few generations ago. have some empathy.

35 years ago, newcomers had to assimilate. Now, they show up and refuse to integrate. They just continue engaging in their own ethnic fiefdoms. This is offensive to Canadians. Also, young Canadian people cannot afford to start families. So, our communities are being destroyed in favour of newcomers.

*they gave gen-z's future of affording houses and getting high paying jobs to immigrants. canadians don't have any where else to go, immigrants still have their home countries where they could live but they've taken away our future opportunities from us in our own home country, canada. I did not consent to this*

As a former Liberal Party of Canada member they knowingly did this because of the overwhelming influence of property developers and landlords on the party as well as openly discussing changing the demographics of the country to insure they could never lose any future elections. \n\nIs this also why they push Medical Assistance in Dying against older Canadians who can no longer afford the cost of living and are more likely to vote Conservative?

Well for one no canadian can buy a affordable house

As a Canadian, we want to leave! This isn’t the same country our parents and grandparents grew up in. Bringing in 1 million ppl who haven’t contributed to our socialist system yet giving them full benefits is destroying us! If just my husband didn’t get taxed we could afford for me to stay home but instead my mat leave has ended and we can’t find child care! We are in serious talks about selling the house and moving to Thailand or some other country where our dollar is actually worth something. \nTaking suggestions on English speaking countries to move to!\n\nAnd what other country could u move to and tell them to change? Cuz that’s what happening here. Ppl aren’t assimilating to our Canadian way. We are expected to accept (bend over and take it) and include in the name of “inclusion”. Makes me sick my white straight son will have LESS opportunity than a gay ethnic person… talk about discrimination!!! The ONLY discrimination is against white straight men!! It’s insanity!

As a Canadian, we want to leave! This isn’t the same country our parents and grandparents grew up in. Bringing in 1 million ppl who haven’t contributed to our socialist system yet giving them full benefits is destroying us! If just my husband didn’t get taxed we could afford for me to stay home but instead my mat leave has ended and we can’t find child care! We are in serious talks about selling the house and moving to Thailand or some other country where our dollar is actually worth something. \nTaking suggestions on English speaking countries to move to!

I have been (mostly) a life long Liberal living in Toronto. I can honestly say, the Trudeau Liberal government has been the worst government at any level I have lived under - including Mike Harris and Bob Rae. Justin Trudeau likes to cut ribbons and make big announcements and spend time on the completely wrong priorities for Canadians. We need a government focused on the economy and the things it takes to build a thriving 21st century economy. Yes, it takes immigrants and those people will need the basics: a job, food, shelter and services. Instead we get dental care, pharm care, daycare - all these things we can't afford and that do very little to build out a thriving economy we need. We have lost decades due to poor planning of our governments and now we all must suffer. It will take generation to fix this, meanwhile our competing countries will all pass us. I will rue Justin Trudeau and his incompetent Ministers and enablers for the rest of my life.

This started long ago when lots rich Hongkies trying to flea HK before handing over to china. Canadians cant even afford a home no more while rental remains high esp in vancouver and toronto

Finally a report that calls it the way it is. Canada is broken, all the services our tax dollars support are redirected to the new Canadians. There are no services available to me, after paying taxes for more then 40 years. Housing, rentals are outrageously priced, what once cost $800 a month a few years ago, is now $1,500 for the exact same unit. \n\nThe Canadians that built this country with their tax contributions are being shut out of all the services and we can't afford to live in our own country. Even immigrants don't want to live here anymore. Canada is broken!\n\nthere are a lot of reports that show immigrants using foodbanks like a grocery store. Food banks are not grocery stores, they are there to help people who are not able to buy food. Foreign students are expected to be able to support themselves while in Canada as foreign students. They lie about having the money to get in, then when they get here they complain, take our housing, our jobs (Ukrainians can work in Canada as soon as their plane lands, after receiving $3,000 in cash from the government of Canada).\n\nCanadians are treated as second class citizens, priority is given to new Canadians. There are absolutely no services available to me, no doctor, no affordable housing, double the price for food, no medical, nothing....

10:00 Canada needs more people. A golden thought indeed. so why don't you create the right conditions for that to happen for Canadians already here? the ones in their 20s and 30s. so they can get decent jobs upon graduation, and shelter their little brood in affordable, hygienic, and safe housing around the corner from affordable daycare and maybe a doctor or two in close vicinity

What a contrast. The USA has an illegal migrant issue, and Canada has legal immigrant issues. Unlike the USA, where people are pouring into the country illegally, Canada has created its own problems by importing a lot more people legally than it can afford to accommodate in terms of housing and jobs. Canada could have done a much better job managing the influx of immigrants and international students.\n\nThe Canadian government, colleges, landlords, and business owners are the winners. The government and colleges collect billions in taxes and fees, and landlords collect millions through inflated rent. Business owners get a lot of cheap labor and sell those LMIs for $50k—$60k each.\n\nThe losers are Canadian citizens. Whose quality of life and livelihoods are in jeopardy.

Place people in places and jobs where we need the workers and the housing isnt over occupied outside of the overcummbered gta and where labourers are needed. But if you tell people they need to go work a gas line out west or mine up north in the cold instead off over populating the major metropolitan places would they still come? Is there not still lots of affordable rural canadian residences all over the country but you may not have the creature comforts of the biggers metro areas.

We wouldn’t need immediate immigration if Canadians could afford to have and raise children.

Too many people , not enough resources, citizens cant keep up financially, young people cant afford rent , cant get jobs , people that come here refuse to integrate. I was an immigrant , now im Canadian , i dont like what the Liberal globalists have done to our country .

The woman at 7:34 is spot on. Instead of asking the government to make housing more accessible and affordable, people tend to blame immigrants who have nothing to do with housing prices. The government chose to support megacorporations in the private sector to lug their weight around and buy up housing like gluttonous beasts. CANADIAN Megacorps like all megacorps will always act in their best interest which is profit. Therefore canadians airing out racism against random immigrants who have nothing to do with housing is missing the point entirely.

Talk about the 'Elephant in the room.' Canadian government ought to invest in the infrastructures but that is never seen in practice for uncertain reasons. The government is one of the wealthiest in the globe. Proof is the recent military aid money given to the Ukrainian cause which could have been diverted to investing in commodities to afford the influx of immigrants. So, stop the cap and go to the root cause that has brought this imbalance in the system.?

Canadians can't afford to go to school

Yeah, a lot of new Canadian immigrants are realizing how fucked they will be if they stay in Canada. They will never be able to afford to live here. Housing is insane in this country now.

At the risk of knowing whatever I want to say here is relatively meaningless I believe there may be a few decent people that may read and think about what is glaring in all the comments about the number one issue not only with your presidential elections but affecting most of the 65 other leadership elections worldwide. It's all interconnected and with every news segment, video, long version podcast to those of us with some free sober time away from getting stoned away from our video game accts and bored with watching porno hub. It is always gonna be where there is a dollar to be found you will have those in need to chase FROM where ever ! Since your clickbait title has me spending my first and only coffee moment watching your usually informed and super entertaining rant style of typical NY white boy genZ proforming what your type usually does ... bit.ching out about a problem you all caused yourselves. I should stop but if I am going to spend the time to post up something to those few that are not going to advance red vs blue positional comments but can see what could come from our ears being subjected to your verbal barrage of WB rap, bro take friggin breathe so your/us viwers may revisit your next rant that maybe of real use and importance. As a Canadian our open border from my province to your state is about 45 min.s way from my city. Hint think Niagara Falls ... Peace bridge ... Buffalo Bills from where the Blue Jays play 92 and 93 World Series Champions ... ( won't rub anyone more smack to US pride but to my bros ... what about those 2019 Raptors eh ) will always be an option since your big oil , drill baby drill peeps demand we all keep buying petrol so those that can legally drive will do so because those coming across here can afford the two gas tanks to drive in and the 2 gas tanks they will need to buy again to return that said automobile home without having to have an unknown stranger from another tribe. The ones from another poor tribe can still cross on one cost of one tank ( source from your vid 16:30 where you advertise to all other viewers where and which bus is the best for $ 70 ... brilliant ) I use Tribe specifically because besides the two passenger bridges ( the other Ambassador in Windsor/Detroit thing Red Wings/loins since you used Ottawa instead of Vancouver maybe but of course there is no NFL team there so your NY brain has a Genz moment cause your GenX teacher was too busy watching reality television instead of teaching you sometime useful an hour north of your country which BTW does speak english ..mostly and we totally understand American and the truth that too many really cannot really speak anything but dumb weirdo sound bites between big Macs and your sugar/caffeine fix ... so lay off the energy drinks down to like maybe 2 aday. BIG TIP from our elections back when our old French PM told your first dumbazz Prez son of Yale frat boy 43 NO we WON'T send our troops with your killers to IRAQ but WE will honor article 5 and stand with you all in the WAR against Islamic extremist in bases inside Afghanistan ... because us Canadians know what is REAL ... BE CALM ... we know you Americans may eventually get it right .. may take you 20 friggin years to figure out your Generals are really stupid corrupt women haters who like some of ours crossdressing AlPHABET Turds with fuking expensive WAR Machine toys who back War criminals invite them to speak to your lawmakers as they lead you down this new rabbit hole Of which IS ... will China invade Taiwan ??????????

Our Canadian government sponsors many of these migrants with job search, subsidies for employers, job skill programs, and benefits. When those services have run out, the migrants flee Canada because of our high taxes and cost of living, and they seek opportunities in America to begin again.\n\nMost Canadians are not happy about this, but our political system allows someone like Justin to win without the popular vote, and keep his office because of a third party deal propping him up.\n\nI don't resent migrants from wanting a better life, but this is an abuse of various systems, and it's causing harm to many Canadians who can no longer afford the social burden and high taxes our government graciously uses to welcome economic migrants from around the globe.

NYC residents can't afford cabs ? but the illegal migrants can hail a cab from the Canadian border to NYC, go figure ?‍?

To be honest the massive flood of Indian immigrants and students is ruining the country. Jobs being given to people who will take less wage then a Canadian born worker with same experience, lack of housing for Canadians and immigrants. Yes everyone should have a house but if Canadian born citizens can't afford them then immigrants shouldn't get them either.

I have some comments about some of the things in the video. Including Olivia Chow in the video when talking about housing affordability with local government policies I don't think is right to inlcude her as she only got elected last year and has to deal with all the decisions and issues from the past Toronto mayor. It's similar to blaming Biden for the economic issues of the US when a lot of the reasons for the downturn economy in the US during his first term was the impact of the economic policies that Trump put in place, it takes time. In terms of the carbon tax, I think its a valid criticism with the compounding issues canadians are facing, but also take into consideration that the provincial governments also have some play with this, as they have the ability to go for the standard carbon tax or implement a cap and trade. A lot of conservative governments like to complain about the federal government about this, but they are also to blame for some of the lack of affordability for political points. As well for the banking fees, we do have a smaller selection of banks, but there are some options that Canadians can have that do not include fees (Simplii, Tangerine). Everything else in the video I agree on, I also think personally that all political parties need a shake up in leadership.

Because welfare now a days is hard to scame.but if you're a refugee from Ukraine FK you'll get a house you'll get welfare for life.everthing is free.????yet the real Canadians can't afford to pay rent or food true facts?? Now that's real info about Canada

DON'T FORGET THE 100 Billions spent on IMMIGRANTS every year , Then add allowances and child care payments they use to pay their mortgage, No working Canadians can AFFORD

Hi Febby, stumbled upon your video and wanted to know your experience in Canada. As someone who was born in Canada and left, I wanted to know about some current sentiment, especially by younger people. I think you had some interesting information. I'm actually sad to hear that crime and homelessness has gotten even worse, especially in places like you mentioned, DTES. One thing I want to share with you about the housing issue. Canada acts like a Federation. Meaning that a lot of decision making is delegated to the provincial and municipal level. Yes, Canada has goals for immigration. That's a super valid goal because every developed country is going through declining birth rates. Canada wants to lessen the damage that will be felt by so many other countries like Italy, Germany, China, Japan, etc. The issue with this federated government is like you said, a disconnect between goals and readiness. However, I really feel this will never be accomplishable because of all the lobbying that occurs at the municipal level that the Federal and even Provincial level government cannot control. Yes, there may be shortages in labour to do development, but even then, I really think that lobbying and corruption is keeping adequate supply from being built. From the homeowners and the perspective of the wealthy property owners, they want to keep the valuation of housing high by keeping supply low. Why else is the municipal government keeping such archaic zoning laws? From what I could find, there has been some talk about changing this (https://bc.ctvnews.ca/b-c-to-table-housing-law-targeting-outdated-zoning-rules-1.6627260) but I struggle to see anything really being done. That's probably because of lobbying. The immigration laws set by the government had too many loopholes and flaws ultimately. I don't think we are getting enough productive immigrants. Actually, the opposite seems to occur a lot. The wealthy from the countries I mentioned are abusing the immigration policies in Canada to transfer and preserve their wealth in Canada. I think it has hid in plain sight for a long time, and people have started talked about it in the last 5-10 years because of the struggles of housing affordability from the middle class. What about the immigrants that really want to start a life in Canada and find opportunities like you said? The housing is too expensive for them to do that. Really chicken and egg problem like you mentioned. And this issue can't readily be fixed with the way Canadian government operates. Look forward to hearing your thoughts. I hope you make an update video in the future.

We need to stop now. Now. Now. Coming to Canada in the guise of being a student……to work…….to stay. When I went abroad as a student I was required to have $$$$$. Coming to Canada and needing to work to afford to live is kinda ridiculous. Sure it sounds like they bring revenue. When they use Canadian services it’s costing Canada it’s just hidden.

And the nail in the coffin for housing, ZONING LAWS! Look into the restrictions put onto those wanting to build houses, towns, cities. It's insane, and makes it nearly impossible to build ANYTHING but single-family suburbs in the middle of nowhere. No work/industry nearby, nothing accessible without a car. The most beautiful places in Canada, and the most enriching to live in (Old Toronto and Montreal for example as well as countless small towns) could NEVER be recreated. Although, Old Toronto is actively being destroyed because of new zoning laws. In Europe, new developments are built for less money, yet Canadian ones are cheaper with houses practically being made out of cardboard. Europe also invests in cities with reliable public transit and are much safer to walk and cycle in without huge roads and highways everywhere. This allows for much denser housing and affordable communities. Canada is being eaten by Capitalism and pretending to be a Socialist government, the worst of both worlds.

Immigration is doing more harm then good and I hate throwing them to the wolves, but I cannot STAND the look on my mom's face because we cannot afford a permanent home. We are a nuclear 4 person family and doing OUR BEST, it's insane we built our lives here, I was fucking born here, and we've gotten our rent raised higher then homes costed a decade ago. \nWhen all this population growth imposes on MY quality of life, bet your fucking ass I'm bitter. I wouldn't have as many qualms if we could house Canadians AND immigrants but it's evident we can't!\nAnd!!!!! Call me fucking racist if you must, but immigrants, INDIANS, have a lack of respect for Canadian culture and Canadians in general! And it gets under my skin when they ignore our national anthem and land acknowledgments. Why live in a country and not, acclimate to the culture! You live here now! You are Canadian if you intend to make residence here! \nThe lack of respect is audacious.

The government and some people end up actually do stating that it's not the immigrants fault about what's been going on that is entirely untrue because it's technically the immigrants fault for taking our homes kicking us out of the house basically not even going by our rules and our laws to actually get us out of the houses properly and basically they can take our jobs can Canadian citizens out of their jobs just to put their own people into those jobs and making sure that no Canadian can actually have a job anymore except unless if you are their kind like they take our jobs they take our homes so far they have taken about I would say a quarter of our country button all of reality when the government and some other people say that it's not the these immigrants fault for what is going on in reality they're just as much as a fault than the actual government is because the government allowed them to take our jobs our homes and when Justin Trudeau says that he's going to be building other places for basically thousands of people can actually have jobs for Canadian people to have jobs he's not talking about the original Canadians he's talking about the Immigrant Canadians so when you thinking that he's talking about you for you getting your jobs and having a job again no he's not talking about you he's talking about giving more jobs to the immigrants same thing when they basically saying oh yes we're going to build more houses we're going to build affordable living areas know they're not talking about for Canadians like the original Canadians or the indigenous Canadians they're talking for the Immigrant Canadians they're not building homes or jobs for indigenous or Canadian original Canadians their building jobs and homes for immigrants 2 are government they don't even care about the indigenous or the original Canadians they only care about the Immigrant Canadians because that's what I've noticed every single time they said that they're going to build a new Factory here or a new assembly plant there or new homes over here basically every single time they have finished with it all they do is they shove more immigrants into those places maybe a few Canadians will end up getting in just to make it look like they're not discriminating but you'll see that there's more immigrants into those locations than there are of actual indigenous or original Canadians like our country has gone down the crapper see I never used to care about the immigrants and everything else until Justin Trudeau did what he did with flooding our country entirely with just immigrants and the immigrants treating us like garbage

Live in toronto, all the above issues mentioned are 100% correct. My wife cut her finger last week, and the cut was really deep. She got 4 stitches. she had to sit for almost 2 hours covering her wound with paper towel, to see the doctor. Plus immigration will get very difficult in coming years in canada. If you know french then you will have chances. And houses which are just made up of wood should not be this costly. I work as database developer and i get paid good for now, but jobs are also not guaranteed and scares. With salary I earn, i should definitely afford house, but Canada have Rahul Gandhi in power, which is making everything impossible for Canadians, so Indians you can figure out what are your chances.

Well researched video and absolutely true. I would also add that canada is housing casino for foreign investors with money into Canadian real estate to clean their money while making huge profits running arbnb business, room rentals, flipping homes, having multiple home while not even Canadian citizen or barely living in Canada. Billions of dollars laundered money have been pumped into Canadian real estate fron abraod especially in past 15 years through casinos and other loop holes. Government is corrupt and is fully aware of it but tries to play blind because who can win against real estate mafia? Making fool if people with demand and supply which actually well engineered by the government. Simple fact- with insane mass immigration supply can never be enough and housing can never be affordable. So Canada is a big real estate casino facilitated by the government as they have minimum sources to increase GDP being a consumer society where goods are imported. Same way people are imported to keep running the economic machine as people are considered as asset to generate taxes. More people, more transactions, more tax collection. It is not a self sustainable country as there is no atmosphere for organic growth. \nWealthy Canadian are cashing the assets and moving to other countries like Mexico etc

Who thinks indian population must be little controlled, it is also causing problems to other countries, and their country people cannot afford houses in their own country because our people keep settling there, even indians are struggling to stay in india due to high prices, God help us❤, i think canada is right decreasing the percentage of migration, because they want to be in control and not any Canadians be homeless,. Please tell me if my thinking is wrong somehow

Thanks to that id10t we elected more and more Canadians are ending up like myself. Homeless and jobless because these immigrants are paid less and the government subsidizes the rest, thus making them cheap labor. This needs to change... then again, it's already too late. Makes me wish I could afford to leave this country and go start anew somewhere else that's not canada.

I'm a born and raised Canadian, and jobs that I was previously able to live off of 2 years ago I am now on the brink of homelessness every single month of rent. Working those same jobs everyday in the lowest rent apartment I can find. I do 10 hour shifts most days retail and spending more than 50 dollars a month on food bounces my rent and negatives my account which makes me pay more fees on top of it. I cant afford a car, or anything for transportation. The wage I'm making now was the perfect amount for me 2 years ago to live comfortably by my standards. Now I'm going to be a homeless 24 year old Canadian that works their ass off every day and can't seem to find a better paying job regardless of how much I put myself out there... In the last 2 months I have lost a total of 16lbs because I can only eat so much on my budget. I am a hard working Canadian that just wants the luxury of being able to not stress about these things because I work so hard. But that seems to not matter.

As a Canadian living in rural area... Canada is f'd. 10 years ago I was able to afford a new car and rent on minimum wage, and take vacation! My car is paid off and I have a better job and Im struggling to keep afloat and I make decent money. Its so depressing.

As a fairly liberal Canadian, immigration is the only subject that makes me move to the center-right politically. We don't have the ressources to feed, house and care for 1.5 million new people every year, much less the Canadians already here. Justin Trudeau has been hurting the country with his open door migration policy because he's too scared to lose his brownie points from the far left. Any other politician is too scared to say anything negative and concrete on immigration because it's considered political suicide, but the tide is changing with Canadians. We don't want anymore would be asylum seekers or foreign students working and overstaying their visas because WE CAN'T EVEN TAKE CARE OF OURSELVES ANYMORE. Yes, our birth rates are too low and we need some immigration to help close the population decline gap that will eventually come, but it can't be a free for all. We can barely afford rent, groceries, healthcare, etc. now and I fear it will only get worse in the coming years. At this point, as an early 30 something year old, I will never own a home or even be able to move without dishing out 60-80% of my income for rent. None of this is viable long term, we're reaching the point of criticality

Lawyer needs to do class action suit for immigrants granted access to this stupid country NOBODY can afford…..it is the Canadian government’s fault with rents as high as $2,700 for a one bed apartment AND food prices CRAZY…..what were they thinking??

I'm Canadian and the country has turned to shit in the last 3 years. I don't blame the immigrants I blame our government for letting something like this happen. I'm 32, make decent money and was able to buy a house 3 years ago; and now I can barely afford to buy food. life use to be so easy here and now every week is a paycheque to paycheque bassist. very sad. Thank god the elections are next year

Toronto born and raised and a 4th generation Canadian, I loved Toronto so much! As a boy, I was lucky enough to live in a large house at Yonge and St. Clair. Early on we didnt even have to lock the doors or lock up our bikes. We had Beckers corner stores and played tag and baseball down on Summerhill Ave. Fast forward several decades and I have been living in small town USA. By no means is this country even close to perfect but the town I live in is safe, clean and not nearly as populated as Toronto. I am heading back there for a visit and look forward to having my mind blown at the volume of humans that I will see there. I loved the diversity and the amazing food but the housing shortage and ridiculous prices for rent/housing make it next to impossible for even an income earner of my stature want to go back. I cant afford to buy a house there and I make pretty good money. I will love to visit and it is where I am from but I dont see myself moving back there. That makes me sad. Thank you for the video!

It’s because of the mass immigration that Canadians can’t afford homes.

If u can afford to move ur already doing better than most Canadians

im really not trying to be an *sshole but im a canadian but god damn we got so many ppl taking our jobs and shit. we barely can afford or and even a find job. this needs to stop. again im really trying not to be a racist. but we helped enough. we gotta take care of our own

Did she say 80% of Canadians can’t afford to buy a home? So then who is buying these homes?

In the early 80’s a shoe salesman could afford a home and family. Now that same shoe salesman works for minimum wage and wages have not kept pace with the cost of living. Most are now living way below a living wage standard in most Canadians cities.

Housing costs are so savage right now and that's just one issue with them. I mean it when I say Most Canadians couldn't afford to have a house given to them... I make more than double the average income, and I'm just about ready to live in a camper. I actually see that being the future here, people will soon live on campsites. Financially it is the smartest move right now, it's just harsh due to the winters.

Vancouver real-estate is essentially a money laundering operation for rich foreigners looking to stash their money somewhere. Protections were put in place a little to late back in 2016 with the foreign buyers tax. But honestly most of these foreigners can either be exempt from this tax with their citizenship loop hole (anchor baby) Or honestly they just pay the fine since they can afford it and just need to get their money out of the country they are coming from. Its quite dystopian because building more homes like the government keeps promising isn't going to solve the problem either. This is because its just going to add more to the volume of housing that the foreigners can buy up from the locals and adding more fuel to the problem. Immigrations Canada is lying to new comers. To top it off, BC just recently passed a law in 2024 where you can no longer build single family residences in the lower mainland area. WHERE are the families going to go then? Can anyone even afford a family anymore? Vancouverites like myself who were diligent and saved every penny are walking away from mortgages in droves because who wants to lock into a 30 year term amortization period where at rate plus prime your looking at 5.5%-7% where the bank makes more than double in interest from you. Over the course of 30 years you still lose because even if your property appreciates past double. Capital Gains will take into effect. Your loosing money no matter what! It truly is a nightmare designed to enslave you financially. This is simply wealth creation suicide. Came from immigrant parents in the 1990s, I slaved for 10 years during my twenties, didn't come from wealth, didn't party, didn't have fun, studied hard, and started a business and I still cant break into the Vancouver market. So I ended up just barely squeaking into the market in Abbotsford. Vancouverites as a whole are screwed. Time to pack up and move to Alberta I suppose. I will also preface by saying that most of BC is empty and that it would make sense to built outside of the Vancouver area as Vancouver has now basically become fiscally unlivable. It might make sense for the next government that come into power to decide to invest in building in other towns and cities around BC to incentivize Canadians to move.

Trudeau please resign please!! We can’t afford anything. Food on the table for most canadians are tough and u spent millions and donate billions to stupid countries. Don’t forget to take jagmeet with u!