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I'm Canadian and it's really weird, Canada seems to love suffocating innovative home grown companies. Smart Canadians who can, tend to leave the country. Our current federal government is failing the Canadian economy and we're not really sure what to do about it

The increasing reliance on foreign oil isn't helping Canada, either. Domestic oil (like Alberta's) will be mandated out of existence if the current government's mypoic focus on environmentalism and unrealistic goals are fulfilled.

Most of us in Canada work below our abilities because the government publishes hard work and innovation that creates more money with more taxes whereas in the USA there are tax incentives

Imagine if the red tape was cut and infrastructure and projects could get build without all the government regulations. Money will not be invested in Canada until the government gets out of the way.

The problem with Canada is Trudeau and Jagmeet Singh.\nThe NDP party is propping up an incompetent Liberal government.

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.

As a Canadian myself living in this country for over 30 years... the problem here is that Canada have a diversed industry but because the country itself is so small (population wise) that none of these industries reached economies of scale. While Canada has regions rich with natural resources, all they do is extracted it, sell it to U.S. and then buy the producted that was produced by these raw materials back at a higher cost. The political structure of Canada doesn't help either: Each region essencially specialized in a few industries (Alberta Oil, Ontario Finance, the Alantic provice's fisheries and oil refineries) and there's equalization payment... meaning if one province is doing well... they don't get to reinvest it back into its infrastructure but rather have to spread some of the excess revenue to other failing provinces... this doesn't incentized productivity but rather leads to a race to the bottom where provinces would want to spend their way to get some of that equalization payment money. Also the provinces themselves doesn't have a unifying economic agenda... Alberta's oil could be best served to be refined out east and then shipped but British Columbia doesn't want pipelines and oil shipping facilities on their coastline... and Quebec isn't interested in having a pipeline either so there's nowhere by the oil but to go down to the states. Finally the province of Quebec( which is french speaking and have their own culture and language) isn't interested in the overall prosperity of Canada at all but rather to extract as much special privilages, rights, and money from the Federal government... and even to declare independance from the Rest of Canada.

Instead of investing Canadian taxpayers money into making Canada grow and a better place to live the government is too busy stuffing it into their pockets as well as their friends and families! Canadians need to clean out all the corruption in government, courts, military, police, science, education and the list goes on!

I will agree, both my US and Canada are poorly run and have become harder to survive their governments poor decisions.

The largest employer in Canada is the government. That tells you all need to know about innovative and entrepreneurship. The Canadian dream is to work for the federal government, get a good pension and get an easy worry free job as a public servant.

Canada has problems that hamstrings the economy. Government deficits and debt and secondly real estate prices and real estate as an investment.

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 . ☠️

The problem with the Canadian economy is that it is being destroyed by the actions and the policies of the current government. Between those horrible tax increases and the government funded lawsuits against us\nOur economy will fail. Not to worry though, after they remove Canada from the world stage and our money is worthless, the WEF will swoop in and save the day and we can all live under the tyranny of the wealthy.

We have the natural resources to create energy. Yet Trudeau put a stop to anything that could earn Canada money. With the regulations in place we could produce energy a lot more greener than other countries. Wouldn’t it be better if we have our own oil that is produce cleanly than to rely on other country that don’t care about environmental issues? It’s so simple yet the people have been brainwashed by this government. I live in Quebec and we have so much potential energy wise and we do nothing. Frustrating.

Trudeau and his Liberal Government have desecrated Canada’s economy!

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.

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.

Canada is horribly corrupt, and the perception of its fairness is shifting. The company I work for (mining) had to fight for years to get a permit to work from the provincial government, and won. The very next day after the permit was issued, the CRA (Canadian IRS) audited the company and took away the project's funding. People are going to starve.

Canada’s biggest problem is it’s socialistic policies of the Liberal governments. Don’t confuse things: social programs like education and healthcare are not an exclusive marker of socialism. The balance of government interference in the economy IS. Nobody in their right mind would start a business in Canada today. \n\nSecondly, running a business means buy and resell, manufacture and sell leaving a profit. But the business of running Canada is losing money. The formula of running the country doesn’t work. We go deeper into debt every year, now to the point where it’s impossible to grow out of debt. As we allow massive immigration to counteract an aging, non-productive population, because of that negative formula, we just keep going deeper and deeper into debt. But it seems that most Canadians want that because we keep voting in the ‘robbers’. It’s time for Canadians to understand that soon a death tax will come in where all your asset value in taxes will go to the government. But that’s coming and is the only way for the government to pay down its debt.

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.

Canada as a whole is not that corrupt..... Its government on the other hand had become incredibly corrupt. PM Blackface openly takes bribes and the family connections are the chief path to powerful appointments. Brain Drain is just a work for anyone with half a brain realizing Canada is over-leveraged and overtaxed with little freedom beyond the government funded media stories that try to convince you all is well.

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.

Ok buddy. All this is very well and good but Canada has something that no other country on earth has. We have a budget that balances itself!!!!\n We also have government gatekeepers at every level with their hands out to stifle any entrepreneurship before it can get out of hand and threaten their big corporate buddies.

We need to boot the Liberals and cut the federal government in half. \n\nI had no idea, but our federal government is Canada’s largest employer. ?

The problem with Canada is the government and the people who support them.

You look at how many businesses went out of business due to our high taxing. Poor government decisions for 8 yrs is crushing Canada

The problem with Canada is the government.

Canada is basically another state of US at this point. Canada has independent domestic policies just like any US state but foregin policis are Washington lead. Canada has great educational instuation just like many other US state but ultimately, the graduates leave for better states in the US to get better pay. Almost all export of Canada is to US and almost all import are from same US suppliers from Asia. Some will say Canada is very different from US in the way people act and live their life. That is true but even inside US, California is very different from Texas and New York is very different from Iowa. Just goes to show different states have different lifestyle but are still part of the same country.\nThis is not a bad thing, in fact Canada is lucky to have access to the biggest market of the world. Being under US security umberlla means no one will attack you. Canada's government know this so they made policies that lead to integration with US economical and defence system.

Canada's government is a bunch of rich people who's only concern is to make themselves richer. Then lie about what they did so they can get voted back in so they can steal more from taxpayers. Then the next government is forced to cut everything from education, to medicine, look like huge Aholes, so then we vote the idiots back in again that keep stealing from us. Not allot of time for improvement with all that going on.

Canada used to be one of, if not the greatest country in the world. The current corrupted WEF puppet government has destroyed Canada. It's shit now!!!!!!!!!!

Ya problem in canada is this failure of Crew Trudeau government.

$57/h value per hour are mostly white Canadians not the immigrants and colored people. Immigrants are making huge mistakes by coming here in Canada and living their good jobs back home. If US today stop investing in Canadian market, the Canada would become like Eastern European countries or may be South American countries. In Canada same goes for jobs. If local government post a job for cleaner then they ask some post secondary education???. Not worth to live here very expensive country. Only people having a good time here are government employees and politicians.

And the government is planning to bring the population up to 100 millions by end of century. But where they gonna put them? In fact, the land of Canada is not suitable for human's living because of its weather. All the population are living along US border with Canada. And the rest of Canada is hard land because of snow most of the year. If there is no heat then it is very tough to live here.

Meh, vanilla analysis that circles around important points but fails to make inightful critiques:\n\nA. “Canadian productivity lags . . . the economy is less productive and innovate than America’s . . . less competitive . . . less capital . . .”, and then finally “banks are prudent, well regulated, and untroubled by excessive competition”!!! Yep, just put it together: Canadian banks (and government policies) have comfortably sedated the economy and populace.\n\nB. 00:09:00 “The fact is, Canada’s dependence on natural resources for economic growth has discouraged investment in other sectors”. Total rubbish! Canada discourages investment generally. Success in natural resources - despite government policy and cultural biases AGAINST them - does not hinder economic development elsewhere. The banks, governments, and degenerate academics in Canada do such a good job screwing everything over that the ambitious leave, thus, as the video observed, the “brain drain” south. You know what’s ONLY thing that cannot leave Canada for the USA? Natural resources!! That’s why natural resource companies endure in Canada, because they have no choice.

Canada is not a democratic country and trust me, there is a lot of corruption, especially within Trudeau government. Just watch what happened during the pandemic and you'll never believe it was Canada, but rather you'd think it is a third world country

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

I moved to Canada 10 years ago. Trust me, things were much better then. This is a government problem for sure.

I doubt Canada is a stable government, freely elected and least corrupt countries is the world. You might want to consider the least corrupt counties, as Christine Freeland has publicly stated the did not like what they saw, they turned off the Canadian economy when they liked what they saw, they turned it back on. Also the freely elected part, as it is known by many the the CCP helped re-elect the Liberals for a few elections, starting in 2015, I have to admit that they helped them become only a minority elected country but the NDP made them a majority. As far as a stable government, I have heard the Justin Trudeau for the first time as Prime Minister of Canada, wears a bullet proof vest and has his protection team openly carry aggressive weapons to protect him. Just a reminder. an average Canadian cannot use lethal weapons to defend themselves even in a life-threatening circumstance. Just suggesting you might want to re-evaluate your description of Canada.

Canada is a land of expensive milk and honey, with a racist attitude, prejudiced, overpaid and incompetent ministers; invisible ceilings in corporations and yes very few non whites at board level. High taxes that are wasted by the government and more recently a finance minister that has not even done accounting 101.

Corrupt, leftist government destroyed Canada.

Been to Canada once. I really liked it while I was there but that was 9 years ago. Seeing the government going communist I would not want to live there. Same here in the area that used to be called the USA without borders. Communism. But I do live in Texas born, raised really not a bad place but the World aliens racing across our border makes me so mad.

#1, #2 and #5 are Vancouver things, not Canada things. Everything else is 100% accurate, the government has gotten so big that it controls and taxes society beyond what is considered acceptable in other democratic nations. Covid exposed Canada to be more of a socialist/authoritarian society.

100% with you. It’s the liberal government and especially CBC and other media that are pushing a far left ideology. It’s destroying everything that make the country work.\nThe taxing rate is destroying the economy. You are left with half your income, out of that you get taxed 15% on expense and if you buy expert (plumber, carpenter) they too loose half of it. This is destroying the productive free economy. It’s at a point it might collapse.\n\nIf we want to save Canada we have to vote conservative and return to the value that work, freedom, low taxes, small government.

What I totally dislike about CANADA are as follows: The fake friendliness , the EXTREMELY high TAXES, the SUBTLE RACISM, EXTREMELY high cost of LIVING, GOVERNMENT, both federal and provincial are basically SCAMMING people of their hard earned MONEY. They actually leave no wiggle room for you and your money.

As a Californian this is deplorable, the Canadian government is willingly letting these students be exploited for profit. Trudeau ran in 2015 with making real change for the middle class. Notice middle class is inferred only Canadians, he doesn't care about you. I always knew something was going on after hearing about so many international students going to Canada, and my fears have been proved right.

All those people that cross into Canada are going to end up being homeless in no time. I don’t think the government of Canada is going to give out free money, benefits, education to those assholes that cross the border illegally.

Really there’s no difference between the people. The people are all the same whether you’re from Canada or the United States. All of your ancestors came from Europe. The only differences some of them chose to move to Canada, and some of them chose to move to the United States then you were born, under a certain government as the only difference is, you can go to any province or any state and ask people either say Europe, Asia this is how your government molds you just a toss of a coin, unless you’re from one of the founding fathers of that country

Canada life is great, provided you work your *** off. \n\nDon’t come to Canada and do begging on the streets or get free money from government. \n\nWe as Canadians cannot be paying for this as these free money will raise taxes.\n\nCanada winters are harsh so if you are don’t like cold then just stay home.\n\nRents are high as well especially in cities so is your cost of living.

You are so lucky to be able to leave Canada. I am a senior so it's hard to think of but I would love to leave my country. The Liberal government has actually ruined this country.RUINED

U.S is better than Canada . Canadian government has different categories among its citizens and discrimination is more towards black people.