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Why would Canada be exempt, foreign nationals is foreign nation Canadian Germane or whatever…

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.

This interview completely misses the point by interviewing the “wrong” immigrant. Immigrants to Canada leave for the U.S. because Canada prefers “high value” immigrants (e.g., physicians, engineers, scientists, entrepreneurs with excellent track records, occupations that are expensive to train and/or individually contribute a lot to the GDP) that the U.S. would also like to attract. Not only can many of these people make more money in the U.S., but they often encounter more help and/or less restrictions with professional licenses (e.g., most states have an industrial exemption for engineers, and do a better job at helping foreign doctors and nurses get their licenses to practice medicine). How many times have we heard of a foreign professional reduced to driving a taxi or becoming a housewife when they move to Canada because an immigration official didn’t properly inform the immigrant of the hoops they would have to jump through, and the provincial professional association offered minimal, if any, assistance? \n\nThis PhD student (and others with more academic than lucrative educations) may think he’ll have it made moving to the US but I think he overestimates his value. The small liberal arts colleges that may have hired someone with his background are decreasing in number or changing to a more technical focus (usually to computer science because it doesn’t require expensive labs needed in medicine or engineering). American students are now more critically examining what degrees, if any at all, will lead to better paying careers, and I doubt Myanmar is on their radar as a money-making opportunity.

I am from Brazil, moved to Canada 9 years ago, now I am Canadian citizen. I was once asked by a American colleague why did I not immigrated to the USA, the answer is: it was not even in the list of possible countries. In fact it is on my top list of places not to move to. \n\nYou have a good insurance through your job? That only means you have one more reason to fear losing it or stay on a particularly bad one if you don’t have anything lined up, if you have a chronic health condition, then you are straight out hostage to your employer. Even if you do have good insurance your bills may one day go beyond the maximum and you still risk bankruptcy. \n\nIf you do go bankrupt, in any civilized country you can’t go to jail for debt, in the USA you can, the country with the highest incarcerated population in the world in absolute numbers and relative too. To add salt to the injury it is a country that did not completely make slave work illegal, it is still legal if you are not a free citizen and your prison system exploit that.\n\nSo it is a country that you can become slave because you got sick.\n\nThen there are the guns… the fact you think you are exempt of school shootings says it all, if you live in a small city it would not affect you? Are you really saying mass shootings never occur in small cities?! This is an excerpt:\n\n“The massacre that killed 10 people at a high school in Texas last week was just the latest to happen in a small or suburban city. Of the 10 deadliest school shootings in the U.S., all but one took place in a town with fewer than 75,000 residents and the vast majority of them were in cities with fewer than 50,000 people.”\n\nIt is all part of the gun culture, the absurd of making guns easily available and viewing guns as toys, a culture were people think taking your life is a proportional response to trespassing. \n\nIt is all closely tied with all the warmongering you are ok with all the taxes you pay going to your military to kill people outside your country yet you take exception in using a fraction of that to save your own citizens lives.\n\nIt is a place which put low value in the human life and well being, favour punishment instead of prevention and rehabilitation, keeps most of its population in a constant sense of despair and helplessness…\n\nIt is no wonder the USA has the highest number of psychopaths(over than 3000 versus the second next at 166), have kids going nuts and shooting others at school.\n\nIt is not a sane culture, it is not a good place to live and if you are well informed you won’t.