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Rich people like inflation. The last scorching inflation we had in the 80s, CDs for 3 years and only 10,000 dollars drew 13.5%, there was also high, high, high unemployment, home loans were 18.5% interest with good credit. This set the farmers up or losing their farms and the Savings and Loan collapse and the subsequent 113 Billion Bail out. This was WITHOUT gutting our federal agencies, cutting back on SNAP and Medicaid and firing federal employees and gutting the agencies' ability to do oversight with the Offices of Inspector General. I can't even tell you why Dept. of Defenses is calling off our cyber defenses against Russia who hacks everything in America nuclear power plants, hydro, etc. Got my gas today - our refineries are fitted for Canadian oil though it's not a 25% tariff but Canada could slap an export tax on it to be paid by us.

It's not really the fault of immigrants or foreigners that you feel insecure both socially and economically. It's the fault of the system that allowed them to enter the country in the first place. They're just trying to survive like the rest of us in Canada.\n\nBut we cannot deny the fact that more immigrants or foreigners means more demand for housing, rent, food, and other necessities, leading to higher prices. The only people who benefit from this system are the rich, not the working class.\n\nIf you're not rich, can you live with ever-increasing inflation caused by demand pressures and supply interruptions due to population increase and unexpected natural and man-made disasters? Your answer to this question will determine your real position on whether or not immigration is perfect for Canada.

Zero-net population growth or very slow growth is desirable for a host of reasons. Immigration is not inherently a virtue. Not inherently a vice either. Its value depends entirely upon the context in which it is taking place. Here are some reasons why Canada should reduce immigration to achieve eventual zero-net population growth.\n\n(1) The ecology: Canada is possibly the world's worst country per capita in producing waste – certainly among the worst. (a) As of now we have a population of 40 million. At its present rate of growth our population will reach 50 million in 2041. This will require a 20% reduction in waste production per capita simply to keep waste production at the present level. This reduction will not happen. (b) In addition, freshwater resources cannot be expanded at all, really (desalinization can only produce a drop in the bucket). Hence, look for shortfalls in water availability. (c) From a global perspective, it is the rich countries, such as Canada, that pollute the most, both absolutely and on a per capita basis. Therefore rich countries should not increase their populations. Immigrants do not come to rich countries to be better ecologists than the citizens of those countries. Immigrants to Canada want to live like Canadians, as Canadians. The problem here is not that they will not assimilate to Canadian ways, but that they will. \n\n(2) Housing: with 500,000 new immigrants a year, housing starts cannot keep pace. The result: ever-inflating housing costs. Rich immigrants compound the problem. \n\n(3) Suburbanization: most of the new housing in Canada is in highway suburbs (over 80%), with their car-driven way of life. Once again, this is bad for the country’s ecological health. In addition, the result will be ever-growing geographies of nowhere. We will not be creating more Victorias or Quebec Cities. We will be creating more Surreys. \n\n(4) Downward pressure on the incomes of most people: the law of supply and demand is very simple: when there is a surplus of any commodity, that commodity becomes cheaper. When a commodity is scarce, its value rises. Labor is a commodity. Workers rightly do not want there to be a surplus of labor. Their livelihoods are threatened. \n\n(5) Future care of the old: the more people we add now, the more people we will have to take care of later, when their working lives are done. Adding immigrants now to pay for the care of the old is therefore a pyramid scheme. Eventually, in a generation or two, the population of the world is set to decline, and the well of immigrants will run dry. Canada should aim for fewer, rather than more, retirees – as preparation for that coming moment.

Canada and America just need to focus on two of main problems...which are greed and a lot of people getting in real estate who are either renting or selling at a severely inflated rate because those people in real estate just want take short cut early retirement. If rich individuals or companies create more jobs that are entry level and offer decent salary then rich individuals or hedge fund companies can buy empty land and buy town homes or a tower like apartment and charge a decent rate.

Nice video. I watched it as I like to learn from other perspectives.\n\nI was born in Toronto, and I must say, this “no time for life and fun” is a new thing. This lack of access to health care is a new thing. I agree with your assessment. It now seems lonelier in Toronto. \n\nCanada used to be different because anyone with a good job could afford at least a condo, but life became unaffordable not just for immigrants, but for everyone unless you are in your 50s-60s and own a home. \n\nI have friends working double jobs supporting family back home in other countries, but for some of them the family back home sound like they are doing better than them and own a home. It’s like they are sacrificing their life to be in poverty or full of hardships and their families get to go out for dinners and drinks with friends. Not them. Not true for everyone, but for some yes and I worry about their own retirement because retirement in Canada without lots of savings means you might be homeless or forced to live with family even if it’s not your preference. \n\n without investments and savings, it will be hard to beat inflation. Getting into debt and getting bad credit can mean not getting an apartment. \n\nThe birth rate is going down because it is expensive to have kids and income isn’t enough to match with living costs. Getting help from government is really not something everyone gets access too. One person might get housing support, 10 others may get nothing. Different governments offer different things. Programs end and change often. \n\nIn Canada definitely bargain and shop around for good phone plans. one idea is to get a pay as you go until “Black Friday” then every year or two when your good offer expires there will be many others. It’s the time with the best deals saving almost half. For instance, I have 50 gigs for $25 for two years from a large provider. Telephone companies are the one place where people must bargain and even ask for better deals as a must.\n\nThe people you see living in big houses, will have kids that can’t afford the same. This is because prices keep rising. The system protects the very rich, but will also drain the middle class often within 1-2 generations. Do not link your business to your personal finance, or creditors can take your home. Some not knowing this lose everything and rich people know better. \n\nPeople live until they are very old, so inheritance is pretty much meaningless to rely on, so no matter what your parents have you must hustle in life. \n\nI do think Canada can become what we want over time. Citizens need to fight the trend of great community spaces, restaurants and bars going out of business and dumb corporations move in with bad boring restaurants. Like a McDonald’s where maybe a popular cultural hang out was. \n\nPart of the problem is a lack of mixed income housing areas, so it’s hard to stay living where you grew up. Artists and musicians help make a city great, but many cannot afford to live here.\n\nFamilies and communities staying together means more support for those with young kids and older relatives when they need help. Yet how is this possible in a city that is always pushing out lower income people when wealthier people desire the area. \n\nIn Toronto, every time you move you have to take what is available and that might mean moving an hour away from everyone you know. This weakens communities. Plus, if you live too far from your work you will have no time to socialize for most the week due to travel time. \n\nI think those who grew up in Toronto do have a certain culture of acceptance with others from many cultures, because your friends at school were from all over. But with new migrants sometimes it isn’t until the second generation that their social circles get diverse. This can be isolating and it’s even isolating as those from Toronto eventually leave dreaming of staying in one spot and not forced to move constantly when a landlord investor sells every house you move into. \n\n\nToronto really needs to protect affordability of housing for at least some housing in every section so that people can save money if they live in the city, and not have to leave their communities and be far from their friends and family. \n\notherwise eventually people get sick of the hustle and it’s too tiring to travel 1+ hrs each way to visit someone during Monday to Friday. \n\n20 years ago any professional could at least buy a condo. Not today. There is too much competition now and investors are allowed to buy up all the most affordable housing that once was a pathway to owning a home. \n\nRich policy makers got greedy and destroyed canada and hopefully diversity in leadership will help make Canada better. But they perhaps people knew to Canada can reject this lonely structure and help us rebuild Toronto into an amazing place. \n\nWe need to make sure everyone can afford housing with 30% of their income. I think that will help

I moved out of Canada in 2023 due to the high living costs, after nearly a decade. Taxes are super high as you start making a bit more of money, healthcare is precarious (talk about preventative medicine… non-existing in Canada) and the real estate market is just the cherry on top. Making 200k plus I couldn’t buy a condo anywhere for me and my wife without accruing a lot of debt, at least a 2/3 bedroom as we both work from home. Even cities like Calgary, known before for cheap rent, have doubled the prices. \n\nToronto and Vancouver are blatantly used for money laundering and the government doesn’t care. Prices as a result have super inflated and people doing any type of decent work are the ones to pay for it. \n\nCanada is amazing if you are either VERY poor or VERY rich. The rest is better off moving elsewhere

Canada has a few problems like these: Many many people want to come live in Canada, last year more than a million people came to our country. The total population of the country is now greater than 40 million people. This is putting enormous pressure on the housing market, this is why in part the cost of housing is very high. Also, ridiculous monetary policy from many central banks to bring the interest rate to zero has helped create a real estate bubble. Rates are now higher and this is cooling the market. Immigration is also putting pressure on the health care system and education system. \n\nNow if there has been a lot of inflation it is partly because the country is rich and many people have lots of money. Yes there are people suffering from the situation but believe, the shopping centres are full of people, the restaurants are full, etc. Life is still very good for those people that have been smart with their money.

You people voted in the communist government! All for getting free shit. And now you race to bust into our country. Are you going to vote for the leftest communist democrat party here as well for free shit! Tax payer and government printed money which lowers the value of our dollar, making it more and more impossible to survive. Which isn’t free. It’s designed to make people poor and dependent on government which wreck small businesses, create out of control inflation, send jobs overseas just so you need more free shit. Go home and fight for the freedom you gave away. We have enough trouble with our own leftest without adding more. I value my freedom more than free shit given out by the Leftest Communist Uber Rich Corporations that owns our leftest Democrat government and media. Go home and take your country back! Oh, what’s this? You say you can’t because you gave up your right to own fire arms. Now your government controlled police and army who don’t have to deal with hunger because that’s how leftest government works. First they get rid of the good cops and troops. So they can bring in thugs. And you all gave up your human rights to defend yourselves. You can’t fight with bare hands. Not against firearms. We can’t save you! Because you rushing in like this is exactly what leftest want. They didn’t lower the borders to help you. They did it to overburden us with humanity. So the communist left can crush freedom and turn us into another Venezuela. Americans, never give up your guns.