Its unskilled labor being given PR into a housing crisis, while youth unemployment is extremely high. Which is being pushed by groups like the century initiative, which is funded by large corporations for their own ends.

There is no way that our economy can absorb people that fast, so it ends up being more bodies which cheapens labor, and leads to shortages of basic goods like housing. I feel it too axiomatic to really argue, like trying to convince you that water is wet, and I feel a gesture to the state of Canada is enough to see the damage where per-capita GDP has fallen off a cliff.

I’ve used and and it seems like full self driving. Maybe that’s why it keeps killing people.

Only for privacy and anonymity, companies like Google and Microsoft will do fabulously however. Who donates to him I wonder.

Explain like I’m five?

Id love to be as angry as you are.

https://m.youtube.com/watch?v=GIKDuBWcjyo

I see you as Bernie says, a far right anti-worker non-empathetic sociopath, who doesn’t care about housing prices or wages. I don’t think we can convince each other.

Probably because of the extreme inflation, as it was before we had inflation targeting. Something similar happened historically as to whats happening now, Nixon put Arthur Burns in charge of the Fed, because he was an extreme dove. We and the rest of the world then borrowed a ton at very low interest rates, then Volcker came along, and we inevitably had double digit interest rates and a 12% unemployment rate.

Labor takes a long time to absorb unless you are adding at a slow enough rate for the country to absorb. Infrastructure takes a long time to build, BC is now raising taxes on the lowest tax bracket to fund expansion, as Eby has begged the Feds to stop for years now.

https://www.msn.com/en-ca/news/canada/david-eby-s-views-on-migration-problems-shouldn-t-shock-anyone/ar-AA1MBRyM

Would you agree for there to be enough infrastructure they need to tax citizens to fund expansion, which then takes many years to build, and you are effectively paying it forward till those people can contribute themselves?

https://www.macrobusiness.com.au/2024/10/canada-and-australia-collapse-into-productivity-sinkhole/

This was based on a report by the banks that argues it leads to less productivity investment by company.

Here’s a far larger presentation with a lot more data about how mass immigration depressed wages and capital investment:

https://m.youtube.com/watch?v=bOXgOLCm54A

The CEO gets a bonus if he increases the stocks value. They dont care if its actually profitable, as long as they get paid before it fails.

Left leaning people want taxes, to fund social programs, to go to the poor. Would they be okay with tariffs if it was a left leaning government, looking to do more than tax cuts for the rich, or are tariffs always bad?

Well a productive immigrant raises living standards. Tim Hortons workers who bring their elderly family lowers living standards. Easily observed by how most countries are selective on immigration, and try to limit bringing in the elderly population onto social security.

https://economics.bmo.com/en/publications/detail/fb3ff12e-3054-4c6b-befb-fe9d2fac77af/

Is BMO far right?

“or housing, this move will dampen price pressures and rents, all else equal (e.g., rate cuts and mortgage rules). That said, the sudden shift in TR inflows should clearly soften the rental market just as a torrent of supply is coming online in some regions (e.g., Toronto condos). Growth in average asking rent across Canada has slowed to just 2% y/y according to Rentals.ca, with outright declines seen in some markets. We’ve long argued that Canada has a housing demand problem. This policy change will be felt quickly, and will make other supply-side measures look almost like rounding error.”

I feel like you people must be trying to gaslight, its an absurd premise to argue that additional demand doesnt raise prices on an inelastic good like housing, I cant even believe you are arguing in good faith.

Its called capital shallowing. It does degrade wages.

I don’t want more citizens when we have no housing and we have double digit youth unemployment. The NDP aren’t progressive if they do.

“Gives workers real power — migrant workers will have clean path to permanency, open work permits, they can join unions and organize without fear, which means stronger unions and better wages for everyone;”

This sounds kind of worrying.

Which one wants to reign in immigration and rezone housing for density?

How do they not hate minorities when they ran what the UN called “modern slavery”.

They have so little regard for these people they also did it into an existing housing crisis, so these people lived 30 to a basement.

Did the Liberals need to take literal shits on these people for them to convince you they don’t care about them beyond growing GDP?

Ya that’s pretty suicidal as a country, and all to protect a few monopolies that shouldn’t exist.

Even if we did inevitably diversify away from the US, who takes 80% of our exports, its going to take a decade. Its not going to be pleasant.

I’d assume Mexico like us is fully dependent on the US for access to USD. All he needs to do is threaten tariffs, whose going to play chicken with their entire economy?

Not that anyones happy about it, its a sad reality. When the US did protectionism with the Smoot Hawley tariffs some say it caused a world war, as every country owes debt in USD and went into a debt crisis.

Well Biden was a terrible choice. The DNC is corrupt.

We need no competition otherwise there will be no competition. But this only applies to dairy for some reason?