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2023-05-04 0
We can’t find housing cause a estimated 50,000 people A WEEK MAKE IT OVER THE SOUTHERN BORDER ! That’s the ones that actually get threw … take some basic math folks - \n\n50,000 a week x 52 weeks = 2.6 MILLION people a year coming across … okay so what ? \n\nPhoenix Arizona couple years ago was the 6th largest city In the USA WITH 1.65 million population … DO THE MATH… JUST SAY FOR A EXAMPLE THEY ALL STAY IN PHOENIX. PHOENIX WOULF WOULD TRIPLE ALMOST IN SIZE EVEDY YEAR … \n\nWe can’t afford housing now ! Why? There isn’t enough houses or apartments available so supply and demand. Demand skyrockets and so does price - what do you think happens when we triple our population in a year ? Rent WILL BE MORE THEN NEW YORK… and that doesn’t even touch the traffic as our roads and freeways weren’t built to sustain 4 million people, AND THE WORST OF ALL… our water … we’re all ready having to do severe cut backs cause we’re draining the Colorado river and lake mead and lake Powell … we would kill our natural resources within years …\n\nAnd sorry to say but that many immigrants that fast - in one year . Mexicans would be the dominant population no question by double … they don’t have insurance, speak English , there culture is drastically different … just look at what small amounts can do to certain areas … I know I don’t want my houses in my neighborhoods painted yellow, pink, and merrachi music blasting till 3 am from every neighbor - I say that cause it literally just happened to me as I had to sell my house cause several houses were bought up around me and swathes of them moved in and the entire neighborhood did a 180 real fast… and who do you think pays for every single one of them and there food cards , health insurance , there WIC baby money , there school, there housing .. YOU YOU YOU
2023-05-03 0
Were the next china lmao. I couldnt afford a house if i worked 3 full time jobs. Im just gonna continue living in my converted school bus and not play into there scam
2023-05-03 0
High taxes, high energy prices, low wages, too much government, crony capitalism, real estate being treated as a speculative investment, too much immigration and nowhere to house them, regulations that deter entrepreneurship, poor health care, refusal to invest in our resource industry, refusal to invest in core infrastructure, declining civil liberties. Lot of these problems have been festering for a while, but things have really gone off a cliff since Trudeau was first elected. Even if you get some wise and saintly philosopher king to replace his corrupt arse, these problems will take years, probably decades to fix. I'm in my late 30s, and basically if I want to get out of this rut, I think I'm just going to have to bite the bullet and figure out a way to move to the States. I'm getting real tired of grinding my butt working and having nothing to show for it.
2023-05-03 0
The politics of Canada are no longer 'tolerant and liberal'. We are losing our freedoms daily (refer Bill C-11). We are becoming stifled by censorship. We have a spiralling housing crisis. Known murderers are being freed after a few days on bail, leading to a far less safe social environment than we traditionally had. Our skyrocketing inflation and insanely high taxes are crushing our quality of life. The entire situation is deteriorating week to week since there is an active agenda to destroy our economy and society. I should also mention that our health care system is in a state of collapse.
2023-05-03 0
As a Canadian I can explain our problem: Our elected PM. He's absolutely gutted our energy sector and has made it clear the only economy that can function in Canada is Quebec & Ontario's economy, which accounts for government employees and white collar workers.\n\nThat's lead to Canadians moving to the US for work, home ownership, lower taxes, etc etc.\n\nCanadians that do stick around: Aren't interested in running a business, they tend to wind up working for the government for that stable income, and the only reliable way to get a good pension w/o managing your own finances.\n\nOur PM blames Canadians who own a house and a rental property rather than the thousands of foreigners who've been let in who buy 5+ properties to collect rental revenue.\n\nBusinesses won't invest in Canada anymore until there's certainty in our economy - And Trudeau ain't offering any guarantees besides wish washy threats to cut sectors.
2023-05-03 0
For all the talked about housing market problems in China we have our own distortions in our Canadian market that are dragging us down to. I sold my home 6 years ago (75% paid off) and left for an overseas work experience. When I came back ,my nest egg, even with a little stock market growth would never allow me to purchase the equivalent of what I had. While I was gone prices had gone up well over 50%. To acquire another home would be like starting all over from graduation. Homes should be for living in!
2023-05-03 0
As a Canadian, let me tell you, most of these issues stem from our very poor choice in government ATM, for almost 10 years Justin Trudeau has been our prime minsiter & has done very little besides raising taxes too actually help low income Canadians, I'm on of them, i barely make $20k a year & i live with my parents, its tough & i don't think i'll ever own a house:(
2023-05-03 0
And Miorcas HHS testifies in the house and senate that the border is under control. IF sleepy joe had left the policy alone we would have this.
2023-05-02 0
Immigration levels are causing the housing market boom. Colleges are paying the government of the day to keep immigration laws lenient as this would encourage more international students. The result- the quality of people coming in this country has dramatically declined. The healthcare has been hit badly as the wait times can be months. Everyone wants to come to Ontario causing unemployment as immigrants work for less pay and ordinary Canadian can’t afford to work for that less. People keep on buying houses and renting it out and millennial can’t buy houses anymore. I don’t know how will canada feed all of us when AI takes our jobs. \nThe past 5-8 years of Trudeau has ruined my Canada.
2023-05-01 0
For all you blatantly racist people here in the comments which seems to be just about everyone here, this is capitalist America for you. You say they take your jobs and your homes because you yourself have a hard time finding a job or a home. It’s not because there’s no homes. In fact there’s so many unused homes that exist in the United States that we could give every homeless person we have here a house and there would still be over a million houses empty. So you can blame the conservatives that vote for people who only want to benefit the rich. These Spanish people aren’t “taking your jobs” or houses or anything.
2023-05-01 0
I live in rural Newfoundland. At 23 years old i was able to buy a house for 239k with a 12k down payment. I was only able to do this by saving my money since I started working at 17, although when i started working and saving i never thought that money would go to buying a house. Anyways my point is I was only able to afford this home because i lived with my parents until i bought a house and they were kind enough not to charge me rent, all i had to do was pay for groceries and help out around the house. However paying over 200k for a house in a small community that only has a hardware store grocery store and a gas station with the nearest town that has anything more than that being a 45 minute drive away via highway is insane. I am by far the exception in this generation rather than the rule, and I wish our housing market was better so that people could afford to buy homes without having to luck into such favorable conditions like I did
2023-05-01 0
Biggest Import of Canada is Immigrants and what they need first is housing. And boom easy business for people with money buying houses.
2023-04-30 0
I live in Canada. It feels dystopic to live here. Low wages, high rents, astronomically high real estate, and instead of building new cities and/or closing the borders, the government insists upon increasing the population while keeping the supply of housing fixed. It's a joke. We need strong-willed leadership in Canada to build new cities with wide roads and cheap housing.
2023-04-30 0
If something isn't done soon there's going to be a complex situation. You have to remember there after your jobs and houses and store supplies do you think hundreds of Migration humans are going to stop without Action .?
2023-04-30 0
Bank officers are involved in approving mortgages for weak income files with cut of 1-3% everything is being corrupted from mortgage to house valuation. This are psychological pricing and great medium to exploit people and put them in to slavery.
2023-04-30 0
What is our President doing sleeping you should wake him up, nothing happened in Trump days like this, why they don’t tell them there’s a lots of homeless people in america, will the Democrats takes care of these multitudes give them housing food money wow that will be insane from this administration really if that’s happen ,america is totally in sane
2023-04-30 0
The housing chart is misleading, because it highlights only the 2012-2022 range incease, as though it were unprecendented. However, on the graph, you can see a similar doubling in the 70s, 80s, and 00s.
2023-04-29 0
Why would anyone still want to come to the USA? We literally have more mass shootings here than any of those latin American countries. If anything, people from the USA should be migrants heading south of the border to escape the violence and housing costs of USA.
2023-04-29 0
Agr koi bhi skil nhi ha aap house wife hen or do bchon ko sath ly jana chahti hun English samjh leti hun or thori boht bol bhi leti hun,halaat itny theek nhi moashi tor pr islye chanda jana chahti hun bchy ly kr
2023-04-28 1
As a Canadian that works closely with the government, the other issues that the tax rate in Canada is very high. Even you get a good paying job or a profitable business, a significant portion of your paycheck/profits goes to the government. There is also a lot of bureaucratic and legislative hurdles to overcome and too little incentives when trying to start or develop a business. For example, to build a high density residential building, it takes around 1 - 2 years of planning and studies, then another year to get all the permits and government paperwork, then 2 years of construction. It takes around 5 years to build a new residential building. Canada's housing affordability problem is not just simply cause by people willing to buy property, it is also cause by a significant shortage of housing supply due to all these regulations and hurdles. If you can't find affordable housing and your income is also heavily tax, a lot Canadians will go south to the US where things are a lot more affordable.
2023-04-28 0
As an immigrant to Canada who's built a successful business here, I do feel the urge to defend Canada when I see these sorts of videos.\n\nThings are hard right now - inflation is really crippling and I don't know how the housing prices are still holding up despite rising interest rates. I also agree the red tape is absolutely bonkers.\n\nThe country needs to develop more of a pro-business mentality. Everywhere I look, people are complaining about not having a good job but no one wants to put up their hand to start a business to create those jobs.\n\nBut, man, is it beautiful living in the Rocky Mountains. It's a peaceful, open-minded nation and the day I finally get my citizenship will be a very proud day for me.
2023-04-28 0
You can also move to Hereford, AZ. We have all four seasons; summer temperatures are in the low 90s—great places to hike Carr Canyon waterfall, Coronado trail, Ramsey Canyon, and Miller Peak. Lakes are nearby; you can buy a house with five beds for less than $3000 monthly.
2023-04-28 0
The housing ponzi in China has moved to Canada. Soon homes will be 86 times income in Canada just like in China.
2023-04-27 0
This is very surface-level analysis. If you want to dive into why Canada's economy is so uncompetitive you have to look at its constitutional framework. Inter-provincial trade is more difficult in Canada compared to Trade in the states or the EU because NAFTA, and the EU trade agreement are more efficient compared to inter-provincial trade frameworks the senate estimates these barriers cost the economy $150b in GDP per year. By comparison, Australia with a similar constitutional structure to Canada managed to harmonize many of its inter-state/ territory regulations leading to increased GDP growth and has long outperformed the Canadian economy. Furthermore, Canada's indigenous rights framework is far to restrictive in terms of allowing the governments to actually govern. This has cost us billions in FDI in projects tossed out by the courts and projects that will simply never be considered due to political and regulatory risks. \n\nThat said, if Canada wanted to improve this situation without meddling in the constitution one thing they can do is to allow housing to catch up to the population. We have the fewest number of dwelling per capita in the G7 in the highest population growth in the G7. This is a recipe for a housing shortage which ensures that a lot of capital will flow into the housing sector simply because it offers promising returns relative to the risk of operating a business. I believe Canada grew by over 1,000,000 residents in 2022 however we had 240,000 housing starts (4 residents per dwelling) and average house size here is 2.51 residents per dwelling. \n\nThat disconnect between housing starts (see regulatory framework above as to why we can't build enough houses) will just cause more capital to flow to the sectors making the business investment environment worse.
2023-04-27 0
GDP from real estate is never a safe way to earn in the long run when u have decreasing manufacturing and small businesses. If people aren't making enough money from their job, how are they going to spend on houses? One doesn't need to be an economist to realize such a simple truth. Canada's housing market is a timing bomb with surplus supply and limited demand. New condos built in the last 5 years would have 1/3 rented out if they are lucky and there's no stopping of new constructions in the near future. This is just another one of Evergreen crisis in China.
2023-04-27 0
They better stop them!they fixing to take this MFER over is what they’re gonna do and if you can’t stop them by telling them that they can’t come in start using other means! tell them to go to the White House since Biden is the one that wants to let them in over here.
2023-04-26 0
My sister and brother in law told me when moving to N.S. that they came across numerous homeless families. Apparently COVID caused a migration to the east and those families living in rentals were quickly kicked out by the landlord to sell at a high price, sometimes the buyer is not even Canadian but some foreign property investor. There is not enough housing there and no infrastructure to start building said housing. A small part of a larger problem in Canada.
2023-04-26 0
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.
2023-04-26 0
As a Canadian living in Toronto it is challenging to make due nowadays. Rent is constantly going up, while housing prices are completely out of control. I myself am wanting to move to the US to get paid more for my job while also getting cheaper housing. It’s a win win.
2023-04-26 0
Well this what you get when you vote a criminal into the white house... I hope that everyone that voted for his sorry ass is happy with yourselves... Our beautiful country has been ruined...
2023-04-26 0
I'm in construction I can't find enough fucking work to feed and house myself in my country thanks to all this illegal entry they come over here demanding shit GO Home
2023-04-25 0
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.
2023-04-25 0
Awesome video! This country can still attract new immigrants but will have a hard time retaining them. No growth in wage in the foreseeable future with continuous inflation in housing and food will drive people out.
2023-04-25 0
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.
2023-04-24 0
Brandon supporters should house them
2023-04-24 0
People buy houses to have a place to live. COMPANIES buy houses to profit off desperation, not to be homeless.
2023-04-24 0
Unfortunately these days canada is just a banana republic, but replace banana's with housing.
2023-04-23 113
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
2023-04-23 0
Most of them will be allowed to enter the country, receiving free healthcare, free housing, free education, while hardworking Americans receive nothing. Thanks DEMOCRATS!
2023-04-22 0
they all should go to joe biden's house
2023-04-21 0
slumlords in canada buying more houses and renting out for more money !!
2023-04-21 0
British Columbia's biggest source of income is land transfer taxes. They have no motivation to lower housing costs. Our policies are so anti business its sad. Who would want to set up shop here? You take on big risks and get taxed like crazy at every step. Most people would rather work a government job than start a business.
2023-04-21 0
I've been on a housing waiting list for nine years, and I was told there were 1300 families ahead of me. We don't have enough housing for everyone.
2023-04-21 0
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.
2023-04-21 0
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.
2023-04-20 0
Canada is a super expensive country, I've been here for 30 years and still renting houses, unable to save for a downpayment to buy my own house, paying rent forever with my husband and not being able to afford to have kids either. This country is depressing, you go to college and then work and have nothing. Canada is not a happy country, people are broke, paying too many taxes and not getting the proper services, there is a shortage of family doctors in Canada. Also paying too much for rent and gas. The socialist government makes things harder year by year, they don't develop the economy to keep up with the times, the liberal government has a lot to do with the crappy economy here. They create policies to make everything extremely hard for Canadians to succeed. If you are thinking of coming to Canada, think twice, it's a trap, it will take you years to be able to afford anything, you will struggle most of your life.
2023-04-20 0
It’s ridiculous how they now feel so entitled to enter our country illegally while Americans are struggling to buy food, get housing. This has to stop. We need the National Guard out there to protect us from this invasion.
2023-04-20 0
Amazing how governments have billions to give the defense companies, and endless money for old peoples every need but can't be bothered to make more housing for the younger population
2023-04-20 0
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.
2023-04-20 0
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.
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