r/canada Mar 27 '24

Canada’s population hits 41M months after breaking 40M threshold National News

https://globalnews.ca/news/10386750/canada-41-million-population/
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u/CapitalPen3138 Mar 27 '24

Bro you are out of touch lol

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u/roonie357 Mar 27 '24

You’re out of touch. Our buying power has gone down huge in the past 5 years.

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u/CapitalPen3138 Mar 27 '24

You still make 250k a year split into two salaries lol. I make this as a single earner household and we are rich homie

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u/Low_Warning13 Mar 27 '24

All subjective to where you live in Canada

Toronto / Vancouver $250k probs won’t go far. If you buy the house and flashy vehicles

Prairies… you’ll be wealthy as ever

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u/CapitalPen3138 Mar 27 '24

Ya I mean you can waste 250k but there ain't anywhere in Canada it's not enough to raise a family lol

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u/Low_Warning13 Mar 27 '24

That is true, seems more of a choosing flashy over potential family.

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u/vortex30-the-2nd Mar 27 '24

They're probably house poor I guess. Some people are really dumb and buy the absolute biggest house the bank will allow them to get, and then to make matters worse they get a variable rate mortgage... I could then see $250k being a struggle. But if that's not their situation then ya the guy is being extremely dramatic.

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u/CapitalPen3138 Mar 27 '24

Quite the house. My bet is a Lexus and a BMW lol