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Canada has become a joke under JT and I don't see any real solutions from PP either.

The corrupted Canadian government has to stop keep on recklessly bringing Refugees and Immigrants from mainly those war torn countries such as Ukrainian ,Syrian India and China and so on , Canada has reached its limitation of Refugees ,and immigrants just look at the health care crisis , and rental disasters ... Canadian government hosts all the Corrupted creatures who have stolen money through Corruption and bribery into Canada , because that is the most important things for the Canadian government is the Money coming in , there are Chinese corrupted millionaires for example who have bought all the Houses all over Canada causing this shortages of properties and at an astronomical costs , and also other corrupted creatures from Russia ,and Iran for example who are allowed by the corrupted Canadian government to bring in Canada their corrupted stollen money from their countries and have bought Mansions in Vancouver ,Toronto ,Montreal and other towns and creating this Bubble of real state market .\nCanada’s most vast land is inhabitable due to the harsh winter climate and has a dozen Provinces ,so how can Canada accommodate so many Refugees and immigrants, and most of these Refugees from Syria’s origins come with 2 to 5 children and get free child support until their 18 years of age , and there are now hundred of thousands of them Abusing this Free child care Money ..\nThis is all a Scam system In place .

Canada and Australia have so much in common incl. genocidal monarchs as national heads except for the weather i.e., snow vs desert/temperate grassland. As an Aussie, I’ve lived most of my life in Australia — I was making Au$200,000/yr and my partner is an ICU nurse who made around Au$100,000/yr — and by my standards our life was average in real terms although most (ignorant) Aussies would say we had a great life. Thing is, most Aussies (and Canadians) haven’t experienced anything better whereas I have lived and worked in four countries and my partner has lived and worked in three — we appreciate good living standards and I’ve noticed that most Canadians and Aussies don’t even know what we mean when we talk about such things. Anyway we permanently moved to the US this year because I’m also American — now finally we can start a family!

Maybe that's a reason, no talk about real estate being craven and colluding to raise prices eh?

Immigration and real estate is a source of income for Canada, any prime minister or party will not give up this source of income. \n Most of us probably see that class of people who are ready to come to Canada with the hope of changing their lives for themselves and their families, but we don't see those super rich people who bring poisonous and huge amounts of money into Canada! The immigration and finance department of Canada will not give up those immigrants. Just to please the voters, maybe they include a small article and note here and there in the law, like giving candy to a crying child.

Real inflation is still in double digits not 3.1 percent.

We need to get rid of real estate investors, buying 2-4 houses and then jacking up rent

Canadian government is giving so much money per month for immigrants. Nothing for real canadians that are on the street government are scumbags

I would not recommend anyone moving to Canada unless starting from scratch (and all the sacrifices that come with it) is more attractive than their current lifestyle abroad. That being said, Canada is not what it was 10 years ago. The only persons benefiting right now are those that gained off appreciating real estate in the 2010s and their kids. It is a tough time financially for everyone else.

It is going to be real challenge for Pierre to fix this broken economy. I don't see it improving in near future, the only option is to leave.

A real Art Vandelay

Newfoundland and Nova Scotia still have affordable real estates and picturisque. You can buy a lovely waterfront house under 100k. Just need to invest in new skills useful in these province.

High income taxes , taxes taxes taxes , one literally needs to be a slave to the Canadian system to keep them afloat excluding oneself . High cost of living along with unaffordable real estate . Along with that it has the worst health care after being taxed to death . Don’t immigrate here

Next 10 years will be very hard for canada. Higher taxes with cuts in government services. That's what is necessary. If borrow and spend continue, real shtf will happen.

Chinese lady who grew up in Germany and moved to Canada, interesting! ?\n\nThank you for the video! All those reasons are real, and I can relate. What made you move from Germany where the economic is better as well as the overall welfare to a country like Canada?

you mentioned people. How woke is Canada? is it only in media or you can feel it in real life with normal intereactions?

World must realise the real face of India ??.

2:21 Oh my god, THIS! I've been trying to explain to my fellow Canadians for several years that our ridiculous obsession with putting our investment income into real estate, often via non-essential home improvements for NO REASON other than to raise the price, is hurting our economy. Unless you run a business, offer services, or operate a factory in your house, houses do not produce GDP! \n\nI am not saying to not fix up your house if you need to. I'm not saying that if you think that your house would be lovely with a deck that you shouldn't build one. What I'm saying is that to put every dollar of disposable income into real estate instead of investing in something like businesses, equities, or private credit that our country will continue to suffer, and this IS something that we, as working Canadians, can control.

I'm Engr Clement\nI do Real Estate Business.\n\nI have 4bedrooms With a paint house in Abuja available for Sale.\n\n\nThis property can also be good for shortlet .\n\nVery Close to road, and school.\n\nT Pumpy Estate

Two years is not enough! There is not real justice.

Is this real?

Real talk brother

Good Bye Real Estate if these people Join. Overpopulation affects Land Price..

Canada is a country for less educated , low class peope from India. Someone who has no future in India can feel better in Canada as every kind of work or blue collar job pays well which will be impossible for them to make in India. Real idiots are those who are well settled in India, or have good business or have good education but still chose to go to Canada

This is just the start for west, worst is yet to come. You gave asylum now they will show west their real traits.\nIn East Ham Bangladeshis and Pakistani are on peak and they speak worst english even born in there, they spit and do non sense things in buses, speak too loudly and look absolutely gross in their clothes.

Canada .. it seems how good u speak English seems to be a yardstick a phobia to skill talent productivity good job . Etc etc\n\nFact is in today's world top 10 economy only 3-4 speak or care for English!\n\n\nAll that is in focus is English speaking international student to do menial labor jobs....to serve baby boomers is focus.\n\n\n\nAll the industrial investment are geared to packaging warehouse and transportation\n\n\nAnd ofcourse real estate based economic target.. so once interest rate up.. the country is doomed...\n\n\nEven the talent immigrant soon leaves the country as they figure out the economy is hollow optics based ...\n\n\n No depth

Hard to believe. Drive down any road, look over to the car next to you, good chance they're an immigrant. The real answer here is white flight. That's who's leaving, moving out. Im one of them.

Canadian real estate equals mortgage document income fraud. It's happening on mass scale. AUDIT IS REQUIRED ON HOW SPECULATORS GOT MORTGAGES AND PURCHASED HOUSES .

Let them go so we can take care of our real issues

you took good decision but still it is possible only if your parents and relatives support you. i know the same case where one boy went to canada and struggled alot and he was even not having enough money to pay rent so he stayed in shelter home for almost 3 months and then he decided to come back to india. He came back to India but his real sister and some relatives used to taunt him by comparing others who were staying in canada. His sister used to quarrel with him everyday and used to say that he should die because he wasted his parents money. Unfortunately, he committed suicide after listening harsh words from his sister everyday. Now he is not among us but he was really great and hardworking guy who worked hard in canada but due to lack of support from his own family he committed suicide. Therefore return is not the only option , one's decision should be welcomed by family members also.

1) Toronto is poor value. Getting housing of any kind (buying or renting) is stupidly expensive. And the quality you get for the price is lousy. Especially the newer builds, which are just thrown up as quickly as possible and sold to investors. Policy measures generally all seem to serve to just inflate the price of housing further. The occasional lip service given to affordability is amusing, but ultimately sad. There are lots of people who really do not want the housing bubble to pop. They will fight against it with all they have.\n\n2) It has become kind of boring. There is lots to do if you have money, but it’s harder to find entertainment on a budget. Even the free stuff like parks are filling up. Stuff like sporting events, eating out, going out is very costly across the board. Even the “cheaper” stuff is expensive. It seems like a lot of local culture is disappearing. Even the cool neighbourhoods are filling up with the same chains. I think the high commercial rent and bureaucracy is deflating a lot of would-be entrepreneurs. Most landowners seem to just be banking on cashing out their land for condos.\n\n3) Canada overall has a high cost of living compared to salaries. In the US you can find lower cost of living areas that still give you a real city experience. And in Europe you can be poor but still live a decent, if no frills, life. In Canada the basic necessities are all expensive. Phone bills, grocery bills, rent, insurance are through the roof. Domestic travel is expensive. And the dollar sucks if you want to travel abroad. Health care is free but good luck finding a family doctor or waiting 8 hours in the ER these days. It’s expensive to be poor, or even middle class.\n\n4) Most of the Greater Toronto Area, outside the core, is soulless suburbs with awful transit - very “American” except with worse traffic congestion. You will need a car, which is another huge cost. Row upon row of old cookie cutter suburbs with the same crappy houses. Good luck walking anywhere, and if you do you will need to walk down boring, treeless arterial roads with cars zooming past right beside you, and cross giant eight lane intersections that were never built for humans on foot. In a rainstorm or on a fall evening you have to be really careful not to be run over by aggressive drivers.\n\n5) It is hard to raise a family in an apartment here. You can do it but it’s not very easy, and also you are still kind of judged for it. Lots of young people are feeling stuck and are deferring or avoiding starting a family. Buying any type of house, even a basic townhouse, requires pledging your soul to a bank by taking a massive mortgage with eye watering debt in a volatile market. But few apartment buildings have the kind of sensible gentle density, the family unit sizes and the common amenities, like little courtyards with jungle gyms, that you might find in Europe. No one ever contemplated that anyone would ever desire to raise kids in an apartment. It’s just a cultural thing that has worked its way into how things are planned and designed.\n\n6) The transit system is ok by North American standards but awful by international standards. There are only two real subway lines, one stub line, one line that is permanently out of service after a derailment, and another line that was supposed to open a couple years ago but still has no date for opening. The subways go out of service frequently, sometimes for the dumbest reasons, and then it is a zoo of shuttle buses. The streetcars are nice but so slow. The buses are fine if you find yourself dreaming about riding a daily herky jerky rolling tin of sardines. They are building a lot of transit but it will take decades to get done.\n\n7) There is still a lot of cool multiculturalism and opportunities to experience different foods and cultures - one of the best things about Toronto. Increasingly though it seems to be losing the fun vibe of the 90s, when everyone celebrated each other’s backgrounds and was chill. It seems the immigration is not as broad based anymore and also people are importing a lot of their “old country” grievances here. The immigration system also kind of preys on people abroad by selling them a false fairy tale, so they end up dejected when they arrive and see how things really are.\n\n8) This one might be controversial but it’s kind of an ugly city. There’s nothing particularly of historical meaning or value. Some of the older neighbourhoods are kind of nice, but the last 25 years they have only built giant glass skyboxes, one after another. There aren’t the cool “missing middle” walkups like in NY, Chicago or Montreal (or even LA). There are very few buildings with much architectural character. Some of the buildings they deem “heritage” here are an embarrassment.\n\n9) For safety, honestly on this score I think Toronto is not bad. There are not too many real “ghettos” and it’s night and day compared to much of the US. With that said, there is more vagrancy and social issues these days, with tents and such. It’s very sad but the shelters are full, lots of homeless go into the libraries, parks and transit system. It does make it harder to enjoy these public amenities safely. It is nowhere close to Europe where you might let your kids run free around town. Canadian parents still helicopter their kids and the place again is not designed to really be safe for kids, in the same way as Europe.\n\n10) Finally, a bit of a double edged sword. Toronto had a lot of youthful energy - people coming here from all over. It is definitely not as sleepy as many parts of the world. With that said, it is becoming a bit of a transient place (minus the world class experiences like London or NY). If you are from elsewhere you might find it hard making and keeping friends. I’ve seen lots of people struggle because it’s is hard to build a strong social network. We have a very “shallow” culture here - people are extremely polite but not overly warm and hospitable. We treat one another kind of like neighbours - meaning we’d like to have a cordial, drama-free coexistence and otherwise kind of stick to ourselves.

What is going on in the world? The U S and Canada seeing tents pitched up on the streets of what were some of the finest cities in the world. Something is very wrong. I grew up on blue-collar modest means. We were happy to celebrate life. My family members weren't educated, and we had real domestic family problems as so many do. We may have been poor, but we had what we needed and were never facing homelessness. Is this the result of globalization, overpopulation, global warming, and greed? God help us all. Vote blue and pray. ❤

Movie or real?

I grew up coming to Toronto regularly and I moved here in 2018 to start university. I felt safe and had no real issues for the first 2 years. This past year though I have had three life threatening situations on the TTC and street. I was threatened to be stabbed by a man on the subway and chased by a woman on St Clair threatening to kill me. The city is not the same at all. I love it here but I do feel like im risking my life leaving my home.

Very good episode. Such episodes are real and one should listen 1:06:02 to such real life. I too took similar challenges in Canada. One must be hungry to succeed -Have fire burning in your stomach-focus on big rocks, small ones will go away-and keep going-growth will come-help those who want your assistance

I mean ... lets be real.... u cant move around a knife just beacuse of religious belief ...

Our own nazi thief government is the real problem.

No go hospital because the hustle is real and keep deceiving yourself that you pray... \nHaba..

The WW3 is real. All borders will close.

Pple be like struggling are real,if truly life in canada isn't a joke they would have gone back to their countries...what i know life in canada is the best...

This is true of so many larger cities in the US and Canada. The main issues are affordability and mental health. Now as folks find themselves homeless, many start to self medicate (major drug problems). And by the way, many move into the larger cities hoping to find services or a way to survive, so they are not all native to those larger cities. In the US, I found driving from Portland OR to the Bay Area that many homeless now live in rural areas as well. I wish I had a real solution, we all know that it will take money, which no one wants to put out. Whichever direction it goes (incarcerating folks is way more expensive then mental health and housing services), it will take a lot of time to correct these issues. I do wish that people would stop pointing political fingers and work on solutions.

Why go to a real-life Titanic? Do your homework and liberate yourself.

... And here is why:\n1. Insanely expensive housing with next to none disposable income left in the pocket. \n2. Inability to get into the real estate market unless $$$ was brought in as an investment. This will leave locals and people who were born in Canada left out for good even further. \n3. Extremely competitive job market. Newcomers will have to suffer for a long time to break-in. \n4. Depression and drug addiction is everywhere. It's more deadly than covid but the government can't address the problem because they lose control for good. \n5. Canada is far away from many other places, which makes things worse as you feel trapped in a workcamp with no place to escape. \n6. The cost of living is getting much faster with the salaries significantly behind year after year. \n7. Canada became the country of failed government, failed multiculturalism, too tolerant as a result. \n8. Retirement in Canada will be impossible for 95% unless you agree to live in the middle of the nowhere until depression kills you. \n9. Many who came to Canada 25+ years ago and still around felt trapped. Canada's source of immigration will likely be the poorest communities who will agree to put up with everything listed above just to get out of where they live right now. \n10. Sad, but true. I have seen a steady decline in Canada since 1998. Things get worse every year.\nAmen to that. I'll be visiting Lviv in 2025 for the first time since 2000 to check on my apartment in the city centre, not far from my Alma Mater LPI. I THANK GOD every day I didn't sell it and so I have a place for retirement!

These “Immigrants simply want a Canadian Passport. They have no intention of staying here unless the can take advantage of the fee stuff real Canadians pay for.

I was thinking about back to my homeland also, somehow living in canada getting bad… the value of family decreasing, anti babies bias… downgrading man, woman not real one anymore, sex education already introduce and force by government start the age of 4 years,, genders become so many… education ended produce WOKE, …life become confusing in here

I live in a small rural Northern community, East Indian immigrants have bought out or taken over nearly every business in the community, our car wash, both grocery stores, both Hardware stores, subway, pizza place, two of the three restaurants, only motel, nearly all the rental properties, and they are shifting their investment now to homes, as we can still buy homes up here for reasonable prices, they are buying them, doing some cheap renovations, and trying to flip them for large amounts. All these local small businesses in the community used to employ young people from the community, they used to be places of employment for summer jobs for students and for the elderly people who retire here to have jobs to keep busy. Since the influx of people from India, all of the jobs in these stores that have been bought out by them are now done by Indian people, nearly everyone who used to work these jobs in my community has lost the opportunity to do so because since the businesses were bought out by Indians they only hire their own kind as employees. I know at least 10 people directly that have lost their jobs due to this, and there are certainly more. We allow foreign investment in our business and real estate market, and these people come in, completely take over and dominate these small communities, and fill them with their young people from India and take away all the jobs from the local people living here. Its horrible. My wife and I are planning on moving to Eastern Europe, Canada in another few decades will be nothing more than a province of India.

Real people are rare. And you are one of them

Great Analysis - Straight to the point and many of the major issues are covered . \nGood point about the Canadian Banks - because of regulations , their leverage ratio was around 1 : 15 during the financial crisis , as such they remained reasonably stable during the financial crisis . \n\nAlso as mentioned , Canadian banks are all too willing to lend money for a $600,000 mortgage , but are reluctant \nto lend money for business - As small businesses are the job creators , this the banks are effectively helping to suppress income growth , while allowing housing prices to increase . \n\nTo add , as of 2023 , looking at Canada's M2 money supply , the BoC continues to print money to pay for our present government's out of control spending . This is of course is devaluing the Canadian dollar . So people are wanting to dump their Canadian fiat currency to buy assets that will hold their value . This too is pushing up the price of real estate . \n.

Nothing is here all them do is stealing from Peter and give it to Paul, it's real just take a look at what they trying to do they want do steal everything u work to build their infrastructure that they didn't build create for the population of 40 million pple.

Nobody wants to do the real hard jobs paying less. Everybody wants to be high paid professionals. Professional jobs are limited and sometimes limited artificially by interest groups such as college of physicians.