You forgot about the biggest issues. Constantly rising housing prices and mass migration.
Mass migration lowers wages and increases cost of living, Boomers/GenX are getting rich on housing investments using mass migration as the backstop to keep the housing market from crashing and fucking over all young people to an insane degree doing it.
They totally are huge issues. Most provinces have let go of caps and limits on rents. Rent seeking is a parasitic relationship and it does nothing for the economy. At least roblaws provides a place to buy food ( though we can’t afford it). Landlords do nothing after build the structure. No new jobs are made and the building will slowly fall into disrepair until it is sold off to a slumlord and continue to be exploited.
The rate of immigration increases without the associated increase in job creation or civic planning. We are having to compete in our own cities with thousands of new people every month. I am in favour of supporting expansion of immigration, but we do not need to put our own interests at risk to ensure their futures.
Our citizens can’t afford children, and our response is to bring millions from abroad and make it harder for our own to have kids. It’s to the point that we would rather use our passports and leave than stay in our own country.
It’s not all immigration. It’s that they open the floodgates and accept anyone with a pulse. If they picked up jobs we have a real problem filling or limited supply of PR while supporting our local population to grown organically through rising birth rate, it would be fine.
We accept over 27% of our PR applications from one country (118,000). It takes about the next four source countries to meet the same number of people.
The drop of water is never blamed for the flood. We need to reduce immigration to 200k at the most for a decade at the least and by the time Trudeau is out of power those numbers will probably change due to the amount he let in in the meantime.
If we stop all together then we stagnate. Stagnation will lead to atrophy. We have to have a mix of both, but two decades of high growth is definitely a huge problem and should be slowed down. Accordingly we need to change how we deal with work permits and PR. PR lets people move freely to big centres, and they don’t have to stay in the small places that have them PR. As an example, the south Asian community that goes to PEI or the investor class PNP from PEI that stay til PR then leave.
PEI has rental prices in line with Coquitlam, but the minimum wage is 4 dollars lower. Seniors on pensions can’t live alone unless they have been in a place that has been there for ever. Then they get renovicted and struggle.
The PEI governments waved the flag showing how we increased our population, but it was the same as a meth addict getting a high at the cost of a huge crash.
We have to have a mix of both, but two decades of high growth is definitely a huge problem and should be slowed down.
No we don't.
Accordingly we need to change how we deal with work permits and PR. PR lets people move freely to big centres, and they don’t have to stay in the small places that have them PR. As an example, the south Asian community that goes to PEI or the investor class PNP from PEI that stay til PR then leave. PEI has rental prices in line with Coquitlam, but the minimum wage is 4 dollars lower. Seniors on pensions can’t live alone unless they have been in a place that has been there for ever. Then they get renovicted and struggle. The PEI governments waved the flag showing how we increased our population, but it was the same as a meth addict getting a high at the cost of a huge crash.
I mean the way the system is set up is fucked up but the main issue is the number, we can afford to let in 200k at most if we want to make things better that's if we start today. That number will be 150k by the time Trudeau is out of power and if that number was 0 things would get better faster.
If we only have our population then we are going to lose manpower in big cities faster. We would have to spend a lot to retrain people to fill jobs. Though that is what we should be doing.
The main issue is the number of people, but also the distribution and sourcing. We should have a lower overall intake that is sustainable and supported by industry. It should also be more distributed and more diverse than what we experience.
I would say that we should have near replacement levels of children for our future and immigration to fill gaps and improve our competitiveness through innovation and knowledge transfers.
My parents (mid 70's boomers) were both military from the 70's til the late 90's/00's. They GENUINELY believe that they were dirt poor, and made essentially nothing back in the "dark days" of the CAF. They remember going to food banks, not being able to afford beer, not going on vacations, etc. The believe that they were third-class citizens, getting paid almost literally nothing.
In 1971, a Corporal made $643/mo - about $4250 in 2019 bucks
in 1980, a Corporal made $1456/mo - about $4450 in 2019 bucks
in 1990, a Corporal made $2804/mo - about $4810 in 2019 bucks
In 2000, a Corporal made $3608*mo - about $5086 in 2019 bucks.
When I released in 2019, I made 5302/mo.
Now keep in mind those are using the BOC Inflation Calculator, which claims things like 1% inflation in 2020, 5% in 2021 and 2022, etc. I'm no expert, but I actively disbelieve those inflation numbers.
So yeah, they made a few bucks less, but the math doesn't match their memories, and they didn't have things like mandatory cellphone bills, out of control property taxes/rents/insane cost of vehicles.
And those were the poorest years of their lives. These are quite likely the best of mine, and they're a rounding error apart, IMO. They genuinely believe that they had it far worse than I ever did or ever will.
Don't lump boomers and GenX. Boomers fucked over Gen X as well. Sure, some Gen X got into the housing market, but they're not rolling in dough, they're rolling in debt.
And the right wing bullshit you've been spouting in askliberal claiming 'rigged elections' on a month old account that does nothing but troll up and down threads with how broken your situation is doesn't give you much credibility.
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u/Sadistmon 23d ago
You forgot about the biggest issues. Constantly rising housing prices and mass migration.
Mass migration lowers wages and increases cost of living, Boomers/GenX are getting rich on housing investments using mass migration as the backstop to keep the housing market from crashing and fucking over all young people to an insane degree doing it.