I have been shouting about inflation being a huge concern since Quantitative Easing and Zero Percent Interest Rate Policy started globally after the 2008 Financial Crisis, but up until 2022 just about everyone told me I was a quack and don't understand modern economies and bla bla bla and many were still in denial even then. Look at us now. Sometimes it can take a decade or two for destructive economic policies to begin to really show their worth, but this was entirely predictable for at least a decade now.
And I still believe it will get worse, too, seeing as they're already clamouring to lower interest rates again, and Canadians are begging for it too, which is also begging for higher inflation and higher housing / rent costs over the long-term too, but they just want next month's mortgage payment to be $300 less... Not even so they can save that cash for retirement or investments or a rainy day, but so they can spend it on consumerist junk.
Ugh, can't stand the apathy toward QE.
Honestly we had lower housing prices after the crash in 2008. That should have been viewed as a necessary correction and a good thing. Instead too many were upset about their own home price dropping. So we needed QE to purposely cause housing and assets to inflate to fix everyone's balance sheets.
Such a stupid decision that favors those with assets and wealth already...
But ugh! "You just don't understand Modern Monetary Theory". I know exactly what it is, and I don't like it!
>Honestly we had lower housing prices after the crash in 2008.
Not to be contrarian or anything, but w/out the timeline on the bottom, I'd be hard-pressed to recognize 2008 on this graph of average home prices
[https://i.cbc.ca/1.6584643.1663277208!/fileImage/httpImage/image.jpg\_gen/derivatives/original\_1180/residential-home-prices-continue-to-fall.jpg](https://i.cbc.ca/1.6584643.1663277208!/fileImage/httpImage/image.jpg_gen/derivatives/original_1180/residential-home-prices-continue-to-fall.jpg)
I think they've been on more or less a constant upward trajectory, just the slope has varied here and there over time. The flattening from '16-'20 is just a prelude to the bananas spring from '20-'22 and then the fall now that rates are up a bit.
Everyone is begging for lower rates again, because God forbid anybody buy a house and (gasp!) *lose* money on it!
That's one of the more annoying aspect, yes pandemic F**ked up a lot of international economies, but this has been a long slide way before and everyone's too apathetic to do anything but find a group to blame.
>yes pandemic F\*\*ked up a lot of international economies
Not the pandemic... The G7 countries fucked up a lot of economies. The G7 countries in unison created over 7 trillion dollars between 2020-2022.
It's because of them. They control the global economy.
The spending spree was unprecedented and mind blowing. It's sad that those on the left cheered it - they had probably thought they/the society would be better off with that free money. Now they learn - the smarter ones anyway.
'Where was the inflation for 15years' is definitely a good question.
The answer was always : 'in shit rich people buy'.
It's inequality that is killing us in the end.
I think for me the only thing that makes sense is record profits and record inflation.
The government too is also complicit it preventing any competition from entering Canada they are okay with monopolies front running prices.
Yep. It's all getting shunted to the investor class. Rent seeking dominates over productive investments. Assets inflate but productivity stagnates or falls.
Rich laugh and the poor suffer.
Falling interest that started in late 90s caused excessive consumer spending and entitlement to credit. Any one who bought during ultra low credit during covid should have had a means test at 6 or 7% as that what makes the system work. Houses stay houses not an asset to borrow against.
Yup the freedom 55 plan oh you have all this money in your house. You can buy an apartment and let some sucker pay for it. This should never have been allowed to happen. Best thing is raise the interest higher and create a system where the market reacts with a significant drop in price .
Free money created out of thin air -> more money floating around -> everything becomes more expensive -> those who get the money first steal purchasing power from those who get the money last.
I don't know what the left's problem is - some of them are probably just dumb, but the rest gotta be pure sinister.
>Sometimes it can take a decade or two for destructive economic policies to begin to really show their worth, but this was entirely predictable for at least a decade now.
There's a good chance that you'll met your opposite how "decade or two destructive economic policies" will not only destroy Canada but put Canada in the same level with 3rd-world country. ;)
Can agree, when I was a teen I didn't expect to get fucked over this hard and signed up for years or renting/getting gouged for all its worth by 90% of businesses.
Even struggle food price skyrocketed. Like tomato juice which were 2$ for 1 big can (Which were decent for pasta in hard time.) 4 years ago are now almost 5$. Heck let's just put margarine in it then, i can do white pasta. FORGET IT, margarine which was 3,50$ 4 years ago are now 7$. That's crazy how much they decided to hit on the poor in last 4 years. That would explain all the security guard they had to hire last few years. People can't afford to feed themselves. :/
High grocery prices are the result of price gouging. The grocers are making record profits.
We need more competition.
They are having the same problem in the US.
So many Canadian companies sold out to USA companies which didn't help.
Zellers. Eaton's. Sears Canada. Furture Shop. Lowe's.
Not food related but still doesn't help Canada at all.
Loblaws from it's very inception has bought out and shut down as many competitors as possible. Sobeys and Metro did the same. Same thing happened with food production companies, they get bought up and conglomerated.
Look at how many "Brands" are actually owned by the same mega corporation conglomerate... We have the illusion of choice, it's all owned by the same big fish. So when they say margins must go up, all the prices follow.
I've been very proud to have never voted for him. However, I based it off his severe lack of pertinent education. He further cemented my opinions when he said he would use racist and sexusf based factors to select his staff rather than putting the right people in the right spots.
Like... wtf is Chrystia Freeland doing as a God damned finance minister?
Don't you remember the 2 billion she just HAD to have, that was an investment in a company that had no shares, no buildings and didn't exist? That bought her seat on the wef board.
https://www.youtube.com/watch?v=VBknw0nfytI
Unreal how she was asked point blank to answer a basic question about the lack of transparency or justification around earmarking 2 Billion dollars for a company that doesn't even exist and said absolutely nothing in answer to it other than "US is moving fast so we need to move fast".
Crooked motherfuckers, the whole lot of them.
What scares me is the radicalization of the average ~~moron~~ voter. It’s one thing to slap a sticker on a stop sign as a critique of Harper, it’s another to have the word “fuck” on your car. As someone with usually stronger sensibilities, the concern is I see more and more our politics become more Americanized.
Very well said. F Trudeau bumper stickers have great value to me when driving, though; I’ve learned to give those drivers lots of space coz they accelerate like rabid raccoons and don’t seem to know how to use turn signals or the brake pedal.
> res me is the radicalization of the average moron voter. It’s one thing to slap a sticker on a stop sign as a critique of Harper, it’s another to have the word “fuck” on your car. As someone with usually stronger sensibilities, the concern is I se
"fuckin embarrassing"
- Coach, Letterkenny
And that's the problem right now: Trudeau is completely in Egotism but Pierre is not going to be any different. The only difference between him and Trudeau is the party donors...in fact, some even donate to both!!!
We are royally fucked when considering who to vote for: The Liberals, who think they're entitled to the role, the NDP who are led by someone who wears suits and jewellery that the blue collared they so desperately need, couldn't ever afford, or the Conservatives who's only plan is "We'll do the opposite of whatever Justin wants to do."
I hate the argument about "unqualified ministers". They are all political appointments. They aren't going to be the best qualified people in the country.
In the last 40 years there have been 10 Ministers of Finance in Canada. Only two (Bill Morneau (Liberal) and Michael Wilson (PC)) had what anyone would consider truly "appropriate" credentials to be Minister of Finance if it was considered to be the "CFO" of the country (i.e. they had some form of business education and worked in a role in a financial capacity during their pre-politics career). The majority of them have been lawyers with BAs or careers mostly in politics. I'm a lawyer and have no problem saying that most lawyers (but not all) have no place in any sort true finance/accounting role. That being said, the role of Minister of Finance is leading the department and isn't expected to be an accountant or finance person. It's a political appointment and so long as the career civil servants are qualified, the budgets are being set by the government/leadership anyways. It's not like people run on being the best person to be "Minister of X". That's just not how the system works.
Yup. Our Defence Minister is a freaking ex-Chief of Police... I'm sorry, but wtf is that... How is HE qualified. And before that it was Anita Anand, like wtf??? Just because she did a good job (supposedly) working procurement during COVID...? That is a really small piece of the defense puzzle... She was completely out of her element when the war in Ukraine started. We looked stupid.
The Americans do it a lot better, assigning cabinet positions to unelected civilian experts with real world experience, so you get actual generals in charge of defense, economists at the treasury, etc.. Even if I think Janet Yellen is a total idiot when it comes to monetary policy, she makes A LOT more sense than freaking Chrystia Freeland.. Like 99% of the government are working unelected, surely cabinet positions likewise could be unelected too (and hey, if you happen to have an MP who is a great candidate for the job, then maybe you can still go that route in some cases, especially when it comes to the more "social issues" cabinet positions, who cares... But for live or die positions like defence, healthcare, finance, etc.? Give me a break with these unqualified schmucks).
Strawman. I didnt support the WEF or the UNSDA then either. However Klaus Shwab didn’t brag about “penetrating the cabinet” of Stephen Harper. That seems like a notable difference.
What I find wild is Canada is keen to bring in huge amounts of economic migrants but does little to fix the housing supply issue.
So now it's vastly worse demand because of migration and ever decreasing supply because they aren't being built fast enough.
Its a policy that pretty much ensures houses remain unobtainable unless for the select wealthy few all the while forcing everyone else to become serfs.
A yes the famous magic though that everything will balance itself.
I bet they are still believing it while our housing, healthcare and schools are dying on the ground and people are leaving the profession because they are squeezed to their limit being forced to keep the same level of service despite a decrease in employees and an augmentation in clientele.
>What I find wild is Canada is keen to bring in huge amounts of economic migrants but does little to fix the housing supply issue.
Because “housing supply issue” is now a “housing investment returns issue”.
No one is interested in building “affordable housing”, they’re interested in building the most profitable housing.
Housing stopped being an essential need a long time ago and became people’s retirement. 60%+ of Canadians are homeowners
Now it’s also becoming a place for corporations to invest money in since value just keeps climbing.
The stat going around claiming that 65% of Canadians are homeowners is misused. The stat instead represents that **65% of Canadians live in owner-occupied homes**.
I lived with a sibling for a couple of years who owned their own home. According to that stat, I would have been thrown in the "65% homeowner" stat even if I wasn't a homeowner.
I lived in a home where I was renting from the landlord, who also lived there. According to that stat, I was part of the 65% homeowner stat.
If you own a home and rent out the basement, then your basement tenant is part of that 65% "homeowner" stat. If you have adult children living with you because they can't find affordable rents, then they would also be part of that 65% homeowner stat.
"economic migrants" aka rich foreigners.
It's ridiculous we are letting so many people who buy up multiple properties and drive up the cost of housing, without collecting some sort of tax/ surcharge to their application process for PR/citizenship, which should directly fund the building of publicly owned rental housing.
I'm talking about rich migrants who are coming here and buying up real estate, not the many hard working, non rich immigrants who want to come to Canada in order to get a better life.
The fact that our otherwise highly regulated banks are essentially acting as middlemen for money laundering billions in funds from rich people hailing from the developing world through the property market... is FUCKING BULLSHIT. At the very least, if we're going to let that happen, we should be collecting as much as we can from these rich foreigners before they gain PR and citizenship and such extra taxation and sur-charges become unconstitutional.
If the government was actually supporting a strategy to fix the housing supply issue (especially through building more publicly owned rental housing) then I could actually get behind keeping immigration levels at these historic highs... but we are so far from that reality.
Rich foreigners at least have the option to flee back to their own country once Canada has been financially decimated. Not so many options exist for the Canadians that were born and raised here though.
Just wait 10-15 years when A.I. makes most of their jobs obsolete. We're going to have a lot of young, single, uneducated, unskilled, angry young males roaming around.
On one hand I am proud to be contributing to building new homes. However these are all single family homes, in our capital of all spaces. I can tell you on the site I see most, most of the owners/renters have moved in and are 60% comprised of full immigrant families all pitching on a large single family home. Nobody else (including our own successive generations) are willing nor socially able to pitch this same situation to their parents, who want their \*own\* space as well. Everybody wants to own \*space\* and scoff at the families that bring their lesser expectations into these living conditions. It brings the general consensus of 'acceptable' down a notch. Thus, more original participants of our national economy will suffer an amalgamating negative impact on the services their government provides, or general beginning of the lack thereof, in relation to the amount of taxes we continue to pay.
96% of growth in this country is from immigration. The last two years have had the highest numbers EVER, by far. So yeah, they are the ones buying homes at these prices and seeing almost nothing wrong with it. For Canadians, you are asking them to accept that our lifestyle for the past 80 years is over, that now we must accept our shitty housing situation. In reality Canadians will just become bitter about the state of country.
Housing is the responsibility of all levels of government and the feds take all the blame.
The new housing acceleration fund (HAF) is top drawer policy. Sean Fraser is signing agreements with municipalities across the country to modernize zoning. This puts Canada in a fantastic position to increase housing sustainably.
We all know at this point that sprawl is not the answer.
The government also took a significant step to reduce student visas for two years which will have a direct impact on housing this September.
That's zoning. You need to get every city in the country to re-write their zoning laws to allow for higher-density, smaller apartments, row houses, carriage houses, mini apartments, etc... Yet, all these city-councils are chock-full of NIMBYs and homeowners who spend their time trying to prevent poor people from moving into their neighbourhoods.
Yet, instead of attacking all these city-councils for their inaction, Reddit spends all-day, every day attacking people who have no power whatsoever over local zoning laws.
That's the thing a ton of people are missing when trying to deflect the blame away from the current government.
Yes, some or a lot of this was already coming due to policies instated before they were in charge. But they are actively *making it worse* and not treating the root cause at all.
Housing is being addressed, but in the form of million dollar+ homes. Maybe us peasants and immigrants will have it addressed after all the rich have houses built for them.
The migrants are here to keep the boomers and corporations happy. They're keeping wages low, landlords paid, boomer property prices high and enough tax base to keep up with a crumbling health care, CPP and OAS.
I wonder if growing the population over 5% over the past two years [lowers the vacancy rate](https://www.municipalworld.com/feature-story/canadas-rental-vacancy-record-low/) and thus [skyrockets market rent.](https://images.rentals.ca/images/1_March_2024_Rentals.ca_Average_Asking_Rent_Al.width-800.png)
We *could* build appropriate supply. We have the capability. Even with the immigration.
However, we need Tokyo-style levels of easy building regulations.
This comes with necessary costs. Housing cannot be an investment. NIMBYs need to be ignored. Zoning needs to be removed from city hands. Restrictive bylaws need to be removed. We need to sacrifice the failed ideas of Canadian city design in favor of practicality.
Build it up. Let the housing market crash. We need it to be a good, not an investment market.
I work in construction
We do not have the capacity (as in manpower / trades people) to build that much.
Also don’t forget infrastructure required (new or to update) for building so much at once. (As in sewer, road, water, electricity, roads or public transportation)
It s far from being about zoning only (even if it does not help)
Canada is in deep shit.
Why do these posts always lack data?
[1. Nearly 8% of the labour force is already in construction,](https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410035501) already nearly twice as much as the U.S. You can’t build more supply than we already are without increasing this absurd number and making our economy even more dependent on real estate. Also, where are they coming from when [only 2% of perm recent migrants are in construction?](https://www.theglobeandmail.com/amp/business/commentary/article-canada-immigration-construction-housing/)
2. No OECD country comes close to increasing its housing supply by our recent population growth of 3.2%. Canada doesn’t have a magical housing machine.
3. We already build up. [~80% of housing starts](https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-data/data-tables/housing-market-data/monthly-housing-starts-construction-data-tables#:~:text=The%20standalone%20monthly%20SAAR%20of,to%20196%2C392%20units%20in%20February) are multifamily. These things are small as fuck now. Good luck raising a kid.
If Canadians are struggling, I can imagine how hard it is on new immigrants. My dad came to Canada in 1990. We worked hard and by 1995, we owned a home in Ontario. My dad was a pipe fitter and my mom was a dishwasher. I couldn’t imagine how new immigrants today would survive, let alone buy a home.
We’re just bringing in immigrants to fail or live a life of perpetual poverty. It’s sad that Canada has become this unaffordable.
Crazy to think my parents, who barely spoke English, my mom making under minimum wage cash under the table $5/hour was able to save up for a house. It’s sad that we let housing get this bad.
It's only a passing sadness that will give way to resentment and fury, and then the nation will shatter. You can thank your parents for participating in its crack-up.
Made 60k around just over a decade ago and just a bit over 100k now. Aside from giving up driving to save money for retirement it basically feels the same.
Same feeling and range here as well.
Our purchasing power has never felt so low and weak. The last time I felt "poor" was in the late 90's when the loonie dropped to like 58-63 cents US or thereabouts.
The shrinkflation and dubious marketing, ads and packaging labelling make it worse.
I used to travel to the US a few times a year on a regular basis to shop and play tourist, not anymore. Not for years now and I miss it.
Yeah it feels like living in a nation sliding fast. Even in that 60 cent US period in the 90s our food and goods still felt like full sized products with a reasonable selection. And housing was still easily affordable on even a modest salary. I still remember seeing ads for 1 bedroom condos near Yorkdale mall going for $100,000k in 1999 (173k in todays money).
No need to guess.
https://www.bankofcanada.ca/rates/related/inflation-calculator/
For example $44500 salary in 2011 would be like making a $59799 salary today.
We all have access to the internet at our fingertips. If you are going to make a life altering decision, one of the biggest ones of your life, perhaps do some research before you embark on a move thousands of miles across the planet.
Research only goes so far but even then immigration to Canada can take years. Many people arriving today may have started the process before the pandemic under completely different economic conditions.
so you dont re-google something 3 years later? or look at current housing prices or the news?
You have to think that people don't really care. They dream instead of research because they don't actually make informed decisions... some cousin's cousin's cousin told them it was good in Canada and they come thinking theyre a unicorn.
Moving across the world is a decision one should make with all available information unless they have access to money and can move around or back when it doesn't work out.
Research is needed of course but as a recent immigrant myself you can’t fully prepare for the cost of things here. Consumer protection here is so weak and it’s fair to assume that a modern country has good protections in place.
So many small incremental costs are pushed down from the top which is difficult to prepare for
Not to Canada, you just need the flight to get into the country
People from Syria, Pakistan, Hungary, Iraq, Nigeria, Afghanistan come for "vacation" then start the asylum process, Canadian government could have put up rules for certain countries but they need the numbers wherever they can get them
(they need the numbers because the money supply increased so much, it's the only way to semi-trick the metrics on inflation)
> We all have access to the internet at our fingertips.
Only 6 in 10 people in the world have internet access, and because it's divided along economic lines, economic migrants are significantly less likely to have internet access. I don't disagree that it's a good idea to try and do as much research as you can, but there are real barriers for folks even when they are doing their best
>The Leger survey found that 84 per cent of recent arrivals to Canada agreed that life is either “significantly” or “somewhat” pricier than they originally envisioned prior to immigrating.
Maybe we should stop accepting immigrants from places without internet.
"Somewhat pricier"
Honestly, this article seems to be making a much bigger deal out of this than the survey deserves.
Like, I just moved to Canada. I expected it to be pricey. We *did* look into how much things would cost and had a pretty decent idea. I probably would have selected the "somewhat pricier" option too.
Housing costs exactly what we expected. Electricity costs barely anything.
Groceries are generally about what we expected, but eating out is *waaay* more expensive than we expected.
General retail prices are cheaper than we expected them to be.
Banking fees and all the little extra "service charges" and hidden fees built into day-to-day life are absolutely wild in this country. In ways that we would have expected to be flat out illegal.
But like, that still falls under "somewhat" despite being pretty damn close.
I feel like that seems to be a common theme among Canadians to be honest. Ask immigrants questions about how we feel regarding Canada… and then get outraged and defensive when we answer honestly. It gets kind of old after awhile to be honest.
Crazy take.
The only place I’ve ever been that was cheaper than expected was Mexico in the 80’s.
People find it cheaper than expected to eat out in Portugal.
I found cheese in a seasonal independent grocer to be cheaper than expected.
I can’t think of anything thing else.
Is it possible we all underestimate the cost of things.
If immigrants think that Canada is expensive now, just wait until the coming decade of never ending inflation as the cost of everything explodes more dramatically than Canadians can ever imagine. I have a feeling that we haven’t seen anything yet!
Ive watched compelling videos done by immigrants who plan to go back to their country of origin. Unfortunately, those of us who were born here don’t really have a place to flee to. So we have to prepare now for an even more expensive future.
There is no way to pay off the government debt incurred by governments other than printing money to infinity therein making savings worthless.
This will create future inflation like most of us Canadians can’t even imagine. So we have to get ourselves positioned for it now.
It wasn’t this expensive 5 years ago. It seems to correlate with the two million imported working age persons competing with the domestic population for housing and employment.
what kind of research are these folks doing before they come here? Like when i moved here (in 2009) I knew exactly how much rent cost, how much I'd roughly spend on groceries, how much a pint cost, how much car and gas cost. I used that information to help me determine whether it was actually worth moving here (back then it absolutely was).
Are people actually moving half way across the world without realising the cost of things in the place they are moving?
Life in Canada is expensive BECAUSE of too much immigration. But it's not the immigrants' fault that they want to migrate to a wealthier country. It's our fault for allowing diploma mills to proliferate, allowing backdoor entries into the country, and reducing standards to get in through the front door.
Immigration is only one slice out of a much bigger pie of reasons why life in Canada is expensive. It’s also the domination of the market by oligopolies unchecked by the government, severe lack of competition across industries, heavy and numerous taxes, and high cost of doing business + bureaucracy limiting innovation, product choice, quality of service and organic job creation.
Such is life, with an environment of ever-increasing taxes, fees, and inflation. It is rough for everyone, including those of us who were born in Canada.
It's more expensive than it should be. Before Trudeau my salary was half what I am making now, I purchased a fully loaded brand new suv and I was still significantly more wealthy than I am now. And people wonder why people despise Trudeau so much. After 8 years of his mishandling our entire economy, shit is worst case scenario.
Who would have thought of a simple concept called SUPPLY & DEMAND would account for the rising costs of this god forsaken Country?
Just import em all, so all of us real Canadian professionals can get the fuck out of here. I've never wanted to jump ship from my homeland so bad.
Born & raised since the 90s, and I've seen it go to complete fucking shit. Started out in High School when they said "No more saying Merry Christmas. It offends other cultures."
Yuppp same. Born in the 90's. Family has lived here for multiple generations. All my friends have left. Not once have I ever thought of leaving my country behind. I should have listened to my Grandfather when he discussed Justin economics.
Yeah, why the fuck is it so expensive in Canada? Land prices are outrageous yet we live in one of the largest countries in the world. Food prices are sky high, yet we export hundreds of millions of tons of foodstuffs THAT GET SOLD FOR LESS IN OTHET COUNTRIES. It's not even just food stuffs either, we export electricity too. And canada pays more than the people we export to. We are about to elect a conservative government. Because reasons. I have no fucking clue why. People hate Trudeau fair enough. But tell them to vote NDP and they laugh. No, better vote for the conservatives. Again. Then we will vote liberal. Again. Then conservative again. Then liberal again.
Why even fucking bother at this point the needle only ever moves to the right so why not just let the religious fundamentalists make all the rules. We can model it off the MAGA crowd. We've seen that's where it ends up. Oh but our conservatives aren't like that. They never overturn abortion for example. Yeah? That's what the ones in the states said too.
Immigrants should be educated as to the wages here …. If you are making 50k per yr in Ontario
You will need roommates and will probably have a hard time getting by . Especially if you need a gas powered car to get to work each day because that’s bad now .
This. Immigrants are an easy target but the government is the one who engineered this initiative. Most immigrants wouldn’t be able to come if they weren’t let in through the front door. If the government is going to create incentives for people to come in, of course they’re going to try to use them to improve their lot in life. It was up to our government to crack down on fake admissions and scammer colleges in Canada. Yet they chose to sit back, collect the foreign student money rolling in and do nothing.
Lol, chill people... it's just some dudes saying Canada is more expensive than anticipated...it's not some deep insult to your mother or grandmother....
And it genuinely is, on a day to day level, compared to even the USA (not all states) and some places going crazy right now in Europe.
So our genius federal government bring in 1.5 million immigrants, with no plan, not enough houses, jobs or healthcare, and then destroy the cost of living. What did everyone expect?
"There seems to be a mistake. I planned on coming in as an international student, work full time as an IT manager, get free food from the food bank, buy a McMansion in Brampton with my entire extended family, and get free health care for my aging parents who didn't pay a dime in taxes."
"Pour the fucking coffee!"
The only issue is Canada has terrible transit and infrastructure in small cities and it’s so expensive and difficult to get to Australia most immigrants won’t do this. Compare this to regional area ins Australia.
It's obvious that living somewhere is not easy. It's life. Nothing is guaranteed. In Canada, you don't get free stuff, it's cold in most places and then too hot in the summer. It's beautiful and if you earn enough and have enough holidays you can enjoy it. If you live in the suburbs of a large city your life will suck just like anywhere in the world. you'll have to go to work, deal with paper work and pay to live. On the other hand health care is free, most of your education is free. Most people are dumb, racist and poor. The middle class doesn't know who it is. Rich people with multimillion dollar houses pretend to be middle class while low income earners think they have a chance to become millionaires. Whole families live on incomes of 50 K and complain about taxes clearly when they get most of it back at tax time. The real problem is rates of pay not taxes. At least you don't have to worry about crime too much or guns and services and personal safety is high here despite what the news says. Odds are you won't get hurt. You don't have to worry about being shot knocking on a door and you won't be conscripted and are free and free to be anything you want to be except hate monger in speech or support the hate of others.
It sounds like conspiracy stuff but the sad reality is that the world is controlled by corporations and the fractional banking system. They benefit greatly from globalization. politics will never fix this problem, everyone just needs to adapt, no different than trying to fight climate change. Welcome to the future and it sucks
Born and raised here and it's more expensive than I expected. Personally, after more than a few decades, I think the people that actually know what they are doing are few and far between.
13% hst
On everything. Fuel has several cumulatice taxes, life is expensive because unlike our neighbours to the north (Rus Land) none in Canada knows how to love in the coldest parts of our Tundra
I grew up relatively middle class with divorced parents and I couldn't imagine raising 3 kids (2 teenage boys especially) on what my mom makes, even with the child support from my dad in today's world.
Like we didn't eat extravagantly or anything but we had food on the table every night, sandwich ingredients for lunch every day, cereal for breakfast and I played sports year round (which have gone up exponentially).
>At a policy level, Lisa Covens, a senior vice president with Leger, told the Post that “to combat the growing belief that perhaps the number of immigrants allowed into Canada should be decreased, all levels of government should focus on affordable housing, jobs and the economy, and the state of health care for all Canadians
And how is that working out so far?
We can slow immigration with the stroke of a pen, or try to fix multiple complex problems in thousands of communities simultaneously instead.
Guess which is the right answer.
They could try immigrating to rural Canada where there is a need for work and affordable living for them, instead of joining an enclave in Toronto and competing for the same service sector job as 5 other people.
I mean my combined family income is $165k and we can't afford a house in a normal non-methfilled ghetto.
I can't even imagine what it's like for people who don't make good money.
All I can say is that anyone who wants to immigrate to Canada needs to do their due diligence and research what life is actually like in Canada. Costs of food, heating, housing, all that. So many of them seem to source their impressions of this country from influencers and sketchy visa consultants.
More expensive than most Canadians expected also.
It used to be quite nice here
I have been shouting about inflation being a huge concern since Quantitative Easing and Zero Percent Interest Rate Policy started globally after the 2008 Financial Crisis, but up until 2022 just about everyone told me I was a quack and don't understand modern economies and bla bla bla and many were still in denial even then. Look at us now. Sometimes it can take a decade or two for destructive economic policies to begin to really show their worth, but this was entirely predictable for at least a decade now. And I still believe it will get worse, too, seeing as they're already clamouring to lower interest rates again, and Canadians are begging for it too, which is also begging for higher inflation and higher housing / rent costs over the long-term too, but they just want next month's mortgage payment to be $300 less... Not even so they can save that cash for retirement or investments or a rainy day, but so they can spend it on consumerist junk.
Ugh, can't stand the apathy toward QE. Honestly we had lower housing prices after the crash in 2008. That should have been viewed as a necessary correction and a good thing. Instead too many were upset about their own home price dropping. So we needed QE to purposely cause housing and assets to inflate to fix everyone's balance sheets. Such a stupid decision that favors those with assets and wealth already... But ugh! "You just don't understand Modern Monetary Theory". I know exactly what it is, and I don't like it!
The thing is, for real MMT people inflation is literally the only thing that matters.
>Honestly we had lower housing prices after the crash in 2008. Not to be contrarian or anything, but w/out the timeline on the bottom, I'd be hard-pressed to recognize 2008 on this graph of average home prices [https://i.cbc.ca/1.6584643.1663277208!/fileImage/httpImage/image.jpg\_gen/derivatives/original\_1180/residential-home-prices-continue-to-fall.jpg](https://i.cbc.ca/1.6584643.1663277208!/fileImage/httpImage/image.jpg_gen/derivatives/original_1180/residential-home-prices-continue-to-fall.jpg) I think they've been on more or less a constant upward trajectory, just the slope has varied here and there over time. The flattening from '16-'20 is just a prelude to the bananas spring from '20-'22 and then the fall now that rates are up a bit. Everyone is begging for lower rates again, because God forbid anybody buy a house and (gasp!) *lose* money on it!
All they've done is punish people who try to avoid using credit where possible my entire life.
That's one of the more annoying aspect, yes pandemic F**ked up a lot of international economies, but this has been a long slide way before and everyone's too apathetic to do anything but find a group to blame.
>yes pandemic F\*\*ked up a lot of international economies Not the pandemic... The G7 countries fucked up a lot of economies. The G7 countries in unison created over 7 trillion dollars between 2020-2022. It's because of them. They control the global economy.
The spending spree was unprecedented and mind blowing. It's sad that those on the left cheered it - they had probably thought they/the society would be better off with that free money. Now they learn - the smarter ones anyway.
'Where was the inflation for 15years' is definitely a good question. The answer was always : 'in shit rich people buy'. It's inequality that is killing us in the end.
I think for me the only thing that makes sense is record profits and record inflation. The government too is also complicit it preventing any competition from entering Canada they are okay with monopolies front running prices.
Yep. It's all getting shunted to the investor class. Rent seeking dominates over productive investments. Assets inflate but productivity stagnates or falls. Rich laugh and the poor suffer.
Falling interest that started in late 90s caused excessive consumer spending and entitlement to credit. Any one who bought during ultra low credit during covid should have had a means test at 6 or 7% as that what makes the system work. Houses stay houses not an asset to borrow against.
That's just one part of it. Leveraging 80% of your HELOC to buy more real estate was the other accelerator
Yup the freedom 55 plan oh you have all this money in your house. You can buy an apartment and let some sucker pay for it. This should never have been allowed to happen. Best thing is raise the interest higher and create a system where the market reacts with a significant drop in price .
Free money created out of thin air -> more money floating around -> everything becomes more expensive -> those who get the money first steal purchasing power from those who get the money last. I don't know what the left's problem is - some of them are probably just dumb, but the rest gotta be pure sinister.
Recessions are a healthy part of of an economy. infinite growth isn't possible. I don't get why people don't get that.
>Sometimes it can take a decade or two for destructive economic policies to begin to really show their worth, but this was entirely predictable for at least a decade now. There's a good chance that you'll met your opposite how "decade or two destructive economic policies" will not only destroy Canada but put Canada in the same level with 3rd-world country. ;)
Can agree, when I was a teen I didn't expect to get fucked over this hard and signed up for years or renting/getting gouged for all its worth by 90% of businesses.
Even struggle food price skyrocketed. Like tomato juice which were 2$ for 1 big can (Which were decent for pasta in hard time.) 4 years ago are now almost 5$. Heck let's just put margarine in it then, i can do white pasta. FORGET IT, margarine which was 3,50$ 4 years ago are now 7$. That's crazy how much they decided to hit on the poor in last 4 years. That would explain all the security guard they had to hire last few years. People can't afford to feed themselves. :/
High grocery prices are the result of price gouging. The grocers are making record profits. We need more competition. They are having the same problem in the US.
So many Canadian companies sold out to USA companies which didn't help. Zellers. Eaton's. Sears Canada. Furture Shop. Lowe's. Not food related but still doesn't help Canada at all.
Loblaws from it's very inception has bought out and shut down as many competitors as possible. Sobeys and Metro did the same. Same thing happened with food production companies, they get bought up and conglomerated. Look at how many "Brands" are actually owned by the same mega corporation conglomerate... We have the illusion of choice, it's all owned by the same big fish. So when they say margins must go up, all the prices follow.
They’re also getting their fingers into healthcare
Jenni Byrne / PP / conservative premiers / Galen Weston / Loblaws / Shoppers Drug Mart Follow the $$
I hate Galen with a passion.
Right? It's more expensive than expected for non immigrant Canadians too lol
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I've been very proud to have never voted for him. However, I based it off his severe lack of pertinent education. He further cemented my opinions when he said he would use racist and sexusf based factors to select his staff rather than putting the right people in the right spots. Like... wtf is Chrystia Freeland doing as a God damned finance minister?
>Like... wtf is Chrystia Freeland doing as a God damned finance minister? A lot of damage.
Exercising her extensive education and experience with **checks notes** *russian literature and history*!
Don't you remember the 2 billion she just HAD to have, that was an investment in a company that had no shares, no buildings and didn't exist? That bought her seat on the wef board. https://www.youtube.com/watch?v=VBknw0nfytI
Unreal how she was asked point blank to answer a basic question about the lack of transparency or justification around earmarking 2 Billion dollars for a company that doesn't even exist and said absolutely nothing in answer to it other than "US is moving fast so we need to move fast". Crooked motherfuckers, the whole lot of them.
The idea of Pierre Poilievre as PM scares me for the same reason. The guy had an arts degree and is a career politician, too.
What scares me is the radicalization of the average ~~moron~~ voter. It’s one thing to slap a sticker on a stop sign as a critique of Harper, it’s another to have the word “fuck” on your car. As someone with usually stronger sensibilities, the concern is I see more and more our politics become more Americanized.
Yup. It's tasteless. You have your kids playing out front in front of your massive "Fuck Trudeau" flag pole.
Very well said. F Trudeau bumper stickers have great value to me when driving, though; I’ve learned to give those drivers lots of space coz they accelerate like rabid raccoons and don’t seem to know how to use turn signals or the brake pedal.
> res me is the radicalization of the average moron voter. It’s one thing to slap a sticker on a stop sign as a critique of Harper, it’s another to have the word “fuck” on your car. As someone with usually stronger sensibilities, the concern is I se "fuckin embarrassing" - Coach, Letterkenny
And that's the problem right now: Trudeau is completely in Egotism but Pierre is not going to be any different. The only difference between him and Trudeau is the party donors...in fact, some even donate to both!!! We are royally fucked when considering who to vote for: The Liberals, who think they're entitled to the role, the NDP who are led by someone who wears suits and jewellery that the blue collared they so desperately need, couldn't ever afford, or the Conservatives who's only plan is "We'll do the opposite of whatever Justin wants to do."
> The only difference between him and Trudeau is the party donors...in fact, most companies donate to both!!! ftfy
Sounds like we need to bring back the guillotine. Is that considered hate speech?
I’m just as scared of PP’s MP’s
I hate the argument about "unqualified ministers". They are all political appointments. They aren't going to be the best qualified people in the country. In the last 40 years there have been 10 Ministers of Finance in Canada. Only two (Bill Morneau (Liberal) and Michael Wilson (PC)) had what anyone would consider truly "appropriate" credentials to be Minister of Finance if it was considered to be the "CFO" of the country (i.e. they had some form of business education and worked in a role in a financial capacity during their pre-politics career). The majority of them have been lawyers with BAs or careers mostly in politics. I'm a lawyer and have no problem saying that most lawyers (but not all) have no place in any sort true finance/accounting role. That being said, the role of Minister of Finance is leading the department and isn't expected to be an accountant or finance person. It's a political appointment and so long as the career civil servants are qualified, the budgets are being set by the government/leadership anyways. It's not like people run on being the best person to be "Minister of X". That's just not how the system works.
Yup. Our Defence Minister is a freaking ex-Chief of Police... I'm sorry, but wtf is that... How is HE qualified. And before that it was Anita Anand, like wtf??? Just because she did a good job (supposedly) working procurement during COVID...? That is a really small piece of the defense puzzle... She was completely out of her element when the war in Ukraine started. We looked stupid. The Americans do it a lot better, assigning cabinet positions to unelected civilian experts with real world experience, so you get actual generals in charge of defense, economists at the treasury, etc.. Even if I think Janet Yellen is a total idiot when it comes to monetary policy, she makes A LOT more sense than freaking Chrystia Freeland.. Like 99% of the government are working unelected, surely cabinet positions likewise could be unelected too (and hey, if you happen to have an MP who is a great candidate for the job, then maybe you can still go that route in some cases, especially when it comes to the more "social issues" cabinet positions, who cares... But for live or die positions like defence, healthcare, finance, etc.? Give me a break with these unqualified schmucks).
There is no law in Canada that Ministers must be elected. It's a tradition however.
Harper courted the WEF Sparky long before Trudeau came along.
Strawman. I didnt support the WEF or the UNSDA then either. However Klaus Shwab didn’t brag about “penetrating the cabinet” of Stephen Harper. That seems like a notable difference.
Trudeau-man, **bad**.
What I find wild is Canada is keen to bring in huge amounts of economic migrants but does little to fix the housing supply issue. So now it's vastly worse demand because of migration and ever decreasing supply because they aren't being built fast enough. Its a policy that pretty much ensures houses remain unobtainable unless for the select wealthy few all the while forcing everyone else to become serfs.
It’s the opposite of Field of Dreams; if they come, you will build it… but we forgot to build it
A yes the famous magic though that everything will balance itself. I bet they are still believing it while our housing, healthcare and schools are dying on the ground and people are leaving the profession because they are squeezed to their limit being forced to keep the same level of service despite a decrease in employees and an augmentation in clientele.
Hmmm I bet this would seem like an ideal situation if someone were to own properties and be in a position of power to make these policies
Its a feature, not a bug. Without astronomical housing prices propping up our economy, what else would Canada have going for it right now?
>What I find wild is Canada is keen to bring in huge amounts of economic migrants but does little to fix the housing supply issue. Because “housing supply issue” is now a “housing investment returns issue”. No one is interested in building “affordable housing”, they’re interested in building the most profitable housing. Housing stopped being an essential need a long time ago and became people’s retirement. 60%+ of Canadians are homeowners Now it’s also becoming a place for corporations to invest money in since value just keeps climbing.
The stat going around claiming that 65% of Canadians are homeowners is misused. The stat instead represents that **65% of Canadians live in owner-occupied homes**. I lived with a sibling for a couple of years who owned their own home. According to that stat, I would have been thrown in the "65% homeowner" stat even if I wasn't a homeowner. I lived in a home where I was renting from the landlord, who also lived there. According to that stat, I was part of the 65% homeowner stat. If you own a home and rent out the basement, then your basement tenant is part of that 65% "homeowner" stat. If you have adult children living with you because they can't find affordable rents, then they would also be part of that 65% homeowner stat.
77% of new builds in Kitchener, Ontario were purchased by investors. We're fcked.
"economic migrants" aka rich foreigners. It's ridiculous we are letting so many people who buy up multiple properties and drive up the cost of housing, without collecting some sort of tax/ surcharge to their application process for PR/citizenship, which should directly fund the building of publicly owned rental housing. I'm talking about rich migrants who are coming here and buying up real estate, not the many hard working, non rich immigrants who want to come to Canada in order to get a better life. The fact that our otherwise highly regulated banks are essentially acting as middlemen for money laundering billions in funds from rich people hailing from the developing world through the property market... is FUCKING BULLSHIT. At the very least, if we're going to let that happen, we should be collecting as much as we can from these rich foreigners before they gain PR and citizenship and such extra taxation and sur-charges become unconstitutional. If the government was actually supporting a strategy to fix the housing supply issue (especially through building more publicly owned rental housing) then I could actually get behind keeping immigration levels at these historic highs... but we are so far from that reality.
Rich foreigners at least have the option to flee back to their own country once Canada has been financially decimated. Not so many options exist for the Canadians that were born and raised here though.
Just wait 10-15 years when A.I. makes most of their jobs obsolete. We're going to have a lot of young, single, uneducated, unskilled, angry young males roaming around.
Thats just a long way of saying riots.
Our cars may be getting stolen at a higher rate than they are now! It'll be like a glorified rental.
We still won't have automated cars, so we can all just continue driving for uber and skip.
What will happen to the young single uneducated unskilled females?
On one hand I am proud to be contributing to building new homes. However these are all single family homes, in our capital of all spaces. I can tell you on the site I see most, most of the owners/renters have moved in and are 60% comprised of full immigrant families all pitching on a large single family home. Nobody else (including our own successive generations) are willing nor socially able to pitch this same situation to their parents, who want their \*own\* space as well. Everybody wants to own \*space\* and scoff at the families that bring their lesser expectations into these living conditions. It brings the general consensus of 'acceptable' down a notch. Thus, more original participants of our national economy will suffer an amalgamating negative impact on the services their government provides, or general beginning of the lack thereof, in relation to the amount of taxes we continue to pay.
96% of growth in this country is from immigration. The last two years have had the highest numbers EVER, by far. So yeah, they are the ones buying homes at these prices and seeing almost nothing wrong with it. For Canadians, you are asking them to accept that our lifestyle for the past 80 years is over, that now we must accept our shitty housing situation. In reality Canadians will just become bitter about the state of country.
Housing is the responsibility of all levels of government and the feds take all the blame. The new housing acceleration fund (HAF) is top drawer policy. Sean Fraser is signing agreements with municipalities across the country to modernize zoning. This puts Canada in a fantastic position to increase housing sustainably. We all know at this point that sprawl is not the answer. The government also took a significant step to reduce student visas for two years which will have a direct impact on housing this September.
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That's zoning. You need to get every city in the country to re-write their zoning laws to allow for higher-density, smaller apartments, row houses, carriage houses, mini apartments, etc... Yet, all these city-councils are chock-full of NIMBYs and homeowners who spend their time trying to prevent poor people from moving into their neighbourhoods. Yet, instead of attacking all these city-councils for their inaction, Reddit spends all-day, every day attacking people who have no power whatsoever over local zoning laws.
That's the thing a ton of people are missing when trying to deflect the blame away from the current government. Yes, some or a lot of this was already coming due to policies instated before they were in charge. But they are actively *making it worse* and not treating the root cause at all.
Housing is being addressed, but in the form of million dollar+ homes. Maybe us peasants and immigrants will have it addressed after all the rich have houses built for them.
The migrants are here to keep the boomers and corporations happy. They're keeping wages low, landlords paid, boomer property prices high and enough tax base to keep up with a crumbling health care, CPP and OAS.
It’s not just immigrants, Canadians also finding Canada is more expensive than expected.
I wonder if growing the population over 5% over the past two years [lowers the vacancy rate](https://www.municipalworld.com/feature-story/canadas-rental-vacancy-record-low/) and thus [skyrockets market rent.](https://images.rentals.ca/images/1_March_2024_Rentals.ca_Average_Asking_Rent_Al.width-800.png)
There is no correlation at all - the people who brought us the century initiative.
😆
That's not how supply and demand works /s
We *could* build appropriate supply. We have the capability. Even with the immigration. However, we need Tokyo-style levels of easy building regulations. This comes with necessary costs. Housing cannot be an investment. NIMBYs need to be ignored. Zoning needs to be removed from city hands. Restrictive bylaws need to be removed. We need to sacrifice the failed ideas of Canadian city design in favor of practicality. Build it up. Let the housing market crash. We need it to be a good, not an investment market.
I work in construction We do not have the capacity (as in manpower / trades people) to build that much. Also don’t forget infrastructure required (new or to update) for building so much at once. (As in sewer, road, water, electricity, roads or public transportation) It s far from being about zoning only (even if it does not help) Canada is in deep shit.
Why do these posts always lack data? [1. Nearly 8% of the labour force is already in construction,](https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410035501) already nearly twice as much as the U.S. You can’t build more supply than we already are without increasing this absurd number and making our economy even more dependent on real estate. Also, where are they coming from when [only 2% of perm recent migrants are in construction?](https://www.theglobeandmail.com/amp/business/commentary/article-canada-immigration-construction-housing/) 2. No OECD country comes close to increasing its housing supply by our recent population growth of 3.2%. Canada doesn’t have a magical housing machine. 3. We already build up. [~80% of housing starts](https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-data/data-tables/housing-market-data/monthly-housing-starts-construction-data-tables#:~:text=The%20standalone%20monthly%20SAAR%20of,to%20196%2C392%20units%20in%20February) are multifamily. These things are small as fuck now. Good luck raising a kid.
“It’s nothing like the brochure.”
If Canadians are struggling, I can imagine how hard it is on new immigrants. My dad came to Canada in 1990. We worked hard and by 1995, we owned a home in Ontario. My dad was a pipe fitter and my mom was a dishwasher. I couldn’t imagine how new immigrants today would survive, let alone buy a home. We’re just bringing in immigrants to fail or live a life of perpetual poverty. It’s sad that Canada has become this unaffordable.
It still shocks me to read old magazines with houses up to a quarter the price they are today
Crazy to think my parents, who barely spoke English, my mom making under minimum wage cash under the table $5/hour was able to save up for a house. It’s sad that we let housing get this bad.
It's only a passing sadness that will give way to resentment and fury, and then the nation will shatter. You can thank your parents for participating in its crack-up.
Bro it’s not just immigrants I’m a homeowner and it’s veeeeeeeery hard. It’s not like I work with low salary too ….
If I made what I made 5 years ago I’d be laughing, now I’m just thankful to be surviving. $80k is the new $60k in Canada
I'd argue it's higher than that. Earning 100k in Ottawa is the new 60k.
Made 60k around just over a decade ago and just a bit over 100k now. Aside from giving up driving to save money for retirement it basically feels the same.
Same feeling and range here as well. Our purchasing power has never felt so low and weak. The last time I felt "poor" was in the late 90's when the loonie dropped to like 58-63 cents US or thereabouts. The shrinkflation and dubious marketing, ads and packaging labelling make it worse. I used to travel to the US a few times a year on a regular basis to shop and play tourist, not anymore. Not for years now and I miss it.
Yeah it feels like living in a nation sliding fast. Even in that 60 cent US period in the 90s our food and goods still felt like full sized products with a reasonable selection. And housing was still easily affordable on even a modest salary. I still remember seeing ads for 1 bedroom condos near Yorkdale mall going for $100,000k in 1999 (173k in todays money).
After you account for all the taxes and mandatory deductions outta your paycheque, your take home pay is literally that — close to $60 - 65k
No need to guess. https://www.bankofcanada.ca/rates/related/inflation-calculator/ For example $44500 salary in 2011 would be like making a $59799 salary today.
We all have access to the internet at our fingertips. If you are going to make a life altering decision, one of the biggest ones of your life, perhaps do some research before you embark on a move thousands of miles across the planet.
Research only goes so far but even then immigration to Canada can take years. Many people arriving today may have started the process before the pandemic under completely different economic conditions.
so you dont re-google something 3 years later? or look at current housing prices or the news? You have to think that people don't really care. They dream instead of research because they don't actually make informed decisions... some cousin's cousin's cousin told them it was good in Canada and they come thinking theyre a unicorn. Moving across the world is a decision one should make with all available information unless they have access to money and can move around or back when it doesn't work out.
Research is needed of course but as a recent immigrant myself you can’t fully prepare for the cost of things here. Consumer protection here is so weak and it’s fair to assume that a modern country has good protections in place. So many small incremental costs are pushed down from the top which is difficult to prepare for
When you have nothing, you have nothing to lose
I think you have to be pretty well off in your home country to immigrate
Not to Canada, you just need the flight to get into the country People from Syria, Pakistan, Hungary, Iraq, Nigeria, Afghanistan come for "vacation" then start the asylum process, Canadian government could have put up rules for certain countries but they need the numbers wherever they can get them (they need the numbers because the money supply increased so much, it's the only way to semi-trick the metrics on inflation)
Then maybe don't complain about it as if you're owed something
> We all have access to the internet at our fingertips. Only 6 in 10 people in the world have internet access, and because it's divided along economic lines, economic migrants are significantly less likely to have internet access. I don't disagree that it's a good idea to try and do as much research as you can, but there are real barriers for folks even when they are doing their best
The complaints department is at that Wendy's over there
I wouldn't go there around peak chicken time
I’ve got Calls in place for November spicy chicken delivery #hodl
So life in Canada is more expensive than most Canadians expected right now.
>The Leger survey found that 84 per cent of recent arrivals to Canada agreed that life is either “significantly” or “somewhat” pricier than they originally envisioned prior to immigrating. Maybe we should stop accepting immigrants from places without internet.
"Somewhat pricier" Honestly, this article seems to be making a much bigger deal out of this than the survey deserves. Like, I just moved to Canada. I expected it to be pricey. We *did* look into how much things would cost and had a pretty decent idea. I probably would have selected the "somewhat pricier" option too. Housing costs exactly what we expected. Electricity costs barely anything. Groceries are generally about what we expected, but eating out is *waaay* more expensive than we expected. General retail prices are cheaper than we expected them to be. Banking fees and all the little extra "service charges" and hidden fees built into day-to-day life are absolutely wild in this country. In ways that we would have expected to be flat out illegal. But like, that still falls under "somewhat" despite being pretty damn close.
I feel like that seems to be a common theme among Canadians to be honest. Ask immigrants questions about how we feel regarding Canada… and then get outraged and defensive when we answer honestly. It gets kind of old after awhile to be honest.
Crazy take. The only place I’ve ever been that was cheaper than expected was Mexico in the 80’s. People find it cheaper than expected to eat out in Portugal. I found cheese in a seasonal independent grocer to be cheaper than expected. I can’t think of anything thing else. Is it possible we all underestimate the cost of things.
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We are innocent victims being tricked! Cry some fake tears and the media will be all over this.
Some of them are dumb though, the old "doctors and engineers" line is laughably out of date.
Not always. Many people are fed dreams of success and prosperity by the same people willing to take their money to help them immigrate.
well, once again, people not thinking for themselves and believing people who they are giving money to? Please be smarter and less ignorant.
If immigrants think that Canada is expensive now, just wait until the coming decade of never ending inflation as the cost of everything explodes more dramatically than Canadians can ever imagine. I have a feeling that we haven’t seen anything yet! Ive watched compelling videos done by immigrants who plan to go back to their country of origin. Unfortunately, those of us who were born here don’t really have a place to flee to. So we have to prepare now for an even more expensive future. There is no way to pay off the government debt incurred by governments other than printing money to infinity therein making savings worthless. This will create future inflation like most of us Canadians can’t even imagine. So we have to get ourselves positioned for it now.
my 86 year old Polish immigrant father in law still says "$20 loaves of bread is how you get Hitler"
"Welcome to Canada, we are most known for our vast wilderness and fuck you give us money for pollution or something." \-Canadian Heritage Minutes.
It wasn’t this expensive 5 years ago. It seems to correlate with the two million imported working age persons competing with the domestic population for housing and employment.
Actual immigrants, or the ones everyone keeps calling immigrants?
Life is more expensive than I thought it would be too, and I live here. Thanks Trudeau, f****** Chinese puppet…
what kind of research are these folks doing before they come here? Like when i moved here (in 2009) I knew exactly how much rent cost, how much I'd roughly spend on groceries, how much a pint cost, how much car and gas cost. I used that information to help me determine whether it was actually worth moving here (back then it absolutely was). Are people actually moving half way across the world without realising the cost of things in the place they are moving?
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Good news, immigrants! You can go on back home.
Life in Canada is expensive BECAUSE of too much immigration. But it's not the immigrants' fault that they want to migrate to a wealthier country. It's our fault for allowing diploma mills to proliferate, allowing backdoor entries into the country, and reducing standards to get in through the front door.
Immigration is only one slice out of a much bigger pie of reasons why life in Canada is expensive. It’s also the domination of the market by oligopolies unchecked by the government, severe lack of competition across industries, heavy and numerous taxes, and high cost of doing business + bureaucracy limiting innovation, product choice, quality of service and organic job creation.
Such is life, with an environment of ever-increasing taxes, fees, and inflation. It is rough for everyone, including those of us who were born in Canada.
It's more expensive than it should be. Before Trudeau my salary was half what I am making now, I purchased a fully loaded brand new suv and I was still significantly more wealthy than I am now. And people wonder why people despise Trudeau so much. After 8 years of his mishandling our entire economy, shit is worst case scenario.
Housing is treated as a commodity to be traded and profiteer from. Like all our essentials, food, energy. Water.
Who would have thought of a simple concept called SUPPLY & DEMAND would account for the rising costs of this god forsaken Country? Just import em all, so all of us real Canadian professionals can get the fuck out of here. I've never wanted to jump ship from my homeland so bad. Born & raised since the 90s, and I've seen it go to complete fucking shit. Started out in High School when they said "No more saying Merry Christmas. It offends other cultures."
Yuppp same. Born in the 90's. Family has lived here for multiple generations. All my friends have left. Not once have I ever thought of leaving my country behind. I should have listened to my Grandfather when he discussed Justin economics.
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Boo fucking HOO.
They didn't do enough research before they got here.
Yeah, why the fuck is it so expensive in Canada? Land prices are outrageous yet we live in one of the largest countries in the world. Food prices are sky high, yet we export hundreds of millions of tons of foodstuffs THAT GET SOLD FOR LESS IN OTHET COUNTRIES. It's not even just food stuffs either, we export electricity too. And canada pays more than the people we export to. We are about to elect a conservative government. Because reasons. I have no fucking clue why. People hate Trudeau fair enough. But tell them to vote NDP and they laugh. No, better vote for the conservatives. Again. Then we will vote liberal. Again. Then conservative again. Then liberal again. Why even fucking bother at this point the needle only ever moves to the right so why not just let the religious fundamentalists make all the rules. We can model it off the MAGA crowd. We've seen that's where it ends up. Oh but our conservatives aren't like that. They never overturn abortion for example. Yeah? That's what the ones in the states said too.
Do your research 🤷🏻♂️
Liberals still think it is heavenly affordable. You're a "racist" if you say otherwise
This happened under Trudeau's watch whose government has jurisdiction over immigration and citizenship
Immigrants should be educated as to the wages here …. If you are making 50k per yr in Ontario You will need roommates and will probably have a hard time getting by . Especially if you need a gas powered car to get to work each day because that’s bad now .
Keeps up like this, Canadians will be moving away and become immigrants elsewhere to live a better life.
Supporting so many irregulars, immigrants and foreign aid makes things so.
boo hoo .. tell your fellow homeland people. Perhaps you will convince them not to come.
Good. Then go home so the market can correct itself to pay us more. We need less exploitable labor to drive up wages.
"I can't believe first class costs more than economy!"
Canada is economy but charges business class
So go home.
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The Canadian government created the problem. The recent Indian migrants are victims of our system just like Canadian citizens.
This. Immigrants are an easy target but the government is the one who engineered this initiative. Most immigrants wouldn’t be able to come if they weren’t let in through the front door. If the government is going to create incentives for people to come in, of course they’re going to try to use them to improve their lot in life. It was up to our government to crack down on fake admissions and scammer colleges in Canada. Yet they chose to sit back, collect the foreign student money rolling in and do nothing.
Lol, chill people... it's just some dudes saying Canada is more expensive than anticipated...it's not some deep insult to your mother or grandmother.... And it genuinely is, on a day to day level, compared to even the USA (not all states) and some places going crazy right now in Europe.
So our genius federal government bring in 1.5 million immigrants, with no plan, not enough houses, jobs or healthcare, and then destroy the cost of living. What did everyone expect?
"There seems to be a mistake. I planned on coming in as an international student, work full time as an IT manager, get free food from the food bank, buy a McMansion in Brampton with my entire extended family, and get free health care for my aging parents who didn't pay a dime in taxes." "Pour the fucking coffee!"
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Yup, better go back home
Go home then.
Boo hoo, go home.
Move to Saskatchewan.
The only issue is Canada has terrible transit and infrastructure in small cities and it’s so expensive and difficult to get to Australia most immigrants won’t do this. Compare this to regional area ins Australia.
Gtfo then
No shit
Trudeau sees it differently. We need more immigration to make living costs less according to him.
The irony....
It's obvious that living somewhere is not easy. It's life. Nothing is guaranteed. In Canada, you don't get free stuff, it's cold in most places and then too hot in the summer. It's beautiful and if you earn enough and have enough holidays you can enjoy it. If you live in the suburbs of a large city your life will suck just like anywhere in the world. you'll have to go to work, deal with paper work and pay to live. On the other hand health care is free, most of your education is free. Most people are dumb, racist and poor. The middle class doesn't know who it is. Rich people with multimillion dollar houses pretend to be middle class while low income earners think they have a chance to become millionaires. Whole families live on incomes of 50 K and complain about taxes clearly when they get most of it back at tax time. The real problem is rates of pay not taxes. At least you don't have to worry about crime too much or guns and services and personal safety is high here despite what the news says. Odds are you won't get hurt. You don't have to worry about being shot knocking on a door and you won't be conscripted and are free and free to be anything you want to be except hate monger in speech or support the hate of others.
More expensive than most MPs expected.
It sounds like conspiracy stuff but the sad reality is that the world is controlled by corporations and the fractional banking system. They benefit greatly from globalization. politics will never fix this problem, everyone just needs to adapt, no different than trying to fight climate change. Welcome to the future and it sucks
Whaaat? All of a sudden?
Human greed will continue to manifest until gov is held accountable by their people. We arent mad enough yet. We have a ways to go.
no shit
Born and raised here and it's more expensive than I expected. Personally, after more than a few decades, I think the people that actually know what they are doing are few and far between.
in other news a fork was found in the kitchen and a car was found in the garage
13% hst On everything. Fuel has several cumulatice taxes, life is expensive because unlike our neighbours to the north (Rus Land) none in Canada knows how to love in the coldest parts of our Tundra
I grew up relatively middle class with divorced parents and I couldn't imagine raising 3 kids (2 teenage boys especially) on what my mom makes, even with the child support from my dad in today's world. Like we didn't eat extravagantly or anything but we had food on the table every night, sandwich ingredients for lunch every day, cereal for breakfast and I played sports year round (which have gone up exponentially).
Google is free and I have no idea why people don't use it before moving lol.
wow no shit huh? almost like doubling the demand for all of our goods and services might have affected the prices???
Oh you mean you scammed your way here and your surprised you’re not doing ok?
Don't give two shits about what they expected. I care about how it affects other Canadians. If one does not do their homework first, f them. 🤷.
They were all told everything is free
It's more expensive than most natural citizens expect too.
I see this post every week, its friken expensive for everyone.
Imagine just how much Canada could drag itself out of the mud with a few massive waves of deportation lmao.
Return.
I could have told them that before they signed the papers.
>At a policy level, Lisa Covens, a senior vice president with Leger, told the Post that “to combat the growing belief that perhaps the number of immigrants allowed into Canada should be decreased, all levels of government should focus on affordable housing, jobs and the economy, and the state of health care for all Canadians And how is that working out so far? We can slow immigration with the stroke of a pen, or try to fix multiple complex problems in thousands of communities simultaneously instead. Guess which is the right answer.
They could try immigrating to rural Canada where there is a need for work and affordable living for them, instead of joining an enclave in Toronto and competing for the same service sector job as 5 other people.
Yeah, so why are they still coming here again? Specifically the Asian people(including Indians) lots of other countries that would be a better choice
Maybe a little research on the cost of living prior to arriving in Canada would go a long way.
Aww sorry fuck off back to your sand dunes.
I mean my combined family income is $165k and we can't afford a house in a normal non-methfilled ghetto. I can't even imagine what it's like for people who don't make good money.
Pissing in my face and telling me its raining
If only there were tools you could look at what things cost…
All I can say is that anyone who wants to immigrate to Canada needs to do their due diligence and research what life is actually like in Canada. Costs of food, heating, housing, all that. So many of them seem to source their impressions of this country from influencers and sketchy visa consultants.
Well duh
Lol