Living in Canada for a while I found that most Canadians don't really know what they actually want. Higher housing prices and do anything to protect rising housing prices. Then the not on the property ladder generation wants lower housing prices. The older farts want people from shit hole countries to come to pay for stuff and pensions. The others find the current immigration levels are too high...
Which one is it...seems neither the government runs any coherent nor logical strategy either. Canada is currently on a full tilt self-finding mission. Similar to Germany 50 years ago. How to overcome the guilt of having abused the natives (Jews in the case of Germany). Everything else in Canada seems to be secondary at the moment.
Which one is it...seems neither the government runs any coherent nor logical strategy either. Canada is currently on a full tilt self-finding mission. Similar to Germany 50 years ago. How to overcome the guilt of having abused the natives (Jews in the case of Germany). Everything else in Canada seems to be secondary at the moment.
Heal thee self physician!
https://thehub.ca/2023-02-03/john-pasalis-canadas-immigration-policies-are-driving-up-housing-costs/
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Record high immigration into Canada is creating more problems for Canadians in an already strained housing market, financial analysts are warning.
Canada is on track to take in 447,055 immigrants this year and 451,000, according to Immigration, Refugees and Citizenship Canada (IRCC), an increase over its previous projections. IRCC says Canada will take in 500,000 immigrants a year starting in 2025.
This could have dire consequences for housing and employment, those in the financial sector say.
Vancouver-based Robert Mogensen, a broker with the Mortgage Advantage, says such steep immigration targets would only make sense if Canada’s housing capacity was already meeting Canadians’ needs—but it isn’t.
https://tnc.news/2023/06/14/high-immigration-housing/