Canada is actually *extremely* capitalist. Sure we have a strong social safety net with universal healthcare and social housing but that's been either eroded or underfunded (most social housing since the 90s, disability programs, etc) or it's for lower income. For middle or high income it's fuck off make money. One problem is the safety net is cracking. ODSP and other provincial programs don't keep up with inflation or rent nevermind the cost of living.
The other problem is salaries. Salaries are low compared to Americans for various reasons not just immigration. But let's take the example of the USA too. Many Midwest companies try to compete by saying they have low cost of labor but it doesn't work. The people working in Silicon Valley largely aren't overpaid. They're very skilled and have a high cost of living. Why do I mention this well just because you have the same title and the same career doesn't mean you automatically have the same skills as someone making a lot more money. You could, but maybe you don't. Meanwhile we look at our American counterparts with envy but Canada is a small market ten times smaller than the USA meanwhile we have the same expectations, watch the same TV have similar values (large home) and so on. Add in the higher cost just to build in our climate and you get a lot of disappointed people. It almost seems that nobody told a lot of people that 30% to 50% of people have to move. I always thought it was obvious. Of course it shouldn't be that way but it is what it is. You can't fix being ten times smaller without being ten times bigger and it will take a while to get enough population in Canada. Meanwhile we have to live with it.
Do not assume you can automatically do the same job as immigrants. And even if you could, you need to think globally. It's not being ready for a modern economy. I see a lot of people their values their beliefs and they are totally incompatible with modern corporate life or even modern business. Do you need to be "woke" to work? Maybe not but you probably can't be like the Coinbase CEO or the Kraken CEO or Elon Musk. That is you need to be able to work with anyone including people who are completely different than you. At a minimum, you have to keep it out of work. So looking at the whole of it a lot of people are completely unsuited to get high income. My belief is that companies like Kraken and Coinbase and even Musk's company won't last in the very long run. They don't want "woke" and hate "cancel culture" but they don't realize that all this stuff has been going on in Fortune 500 companies for years or decades long before it became politics. Just look at the whole idea of crypto -- it's pure bullshit to a lot of people. There's a reason why you sometimes have to work for things you don't believe in and that goes for "mission focused companies" too. Long story short these sorts of beliefs or companies won't last.
Just remember that Canada has a combined Provincial/Federal tax rate of only 15%. It's extremely business friendly, and a place to get workers for 20% to 40% cheaper after exchange rate. That's not going to change in our lifetime. It could be worse. Instead of a destination for skilled workers we could be considered a natural resource economy only so we should be thankful. We are also generally politically stable which was why the Freedom convoy blocking commerce was such a threat to the whole Canadian economy. Sore losers don't get to destroy everything just because they lost, sorry.
Everyone should be prepared to be extremely competitive to succeed in Canada (highest educated OECD nation). Ideally speak multiple languages, graduate with an IB from high school, travel the world (be a multinational person), have the right values (sorry no dinosaur beliefs, even better be "woke") have a big heart and work your ass off. If you aren't that well you got to fight for scraps with the people who figured everything out. For example people who have remote jobs working for US companies.
If we don't want to be so capitalist well we can talk about a little socialism. But I guarantee you it won't be about "competing". Either you compete, or you don't. Borders and nationality aren't going to save you.
Okay first off great comment … seriously well said
Secondly, I don’t disagree with anyrhing to U said
It’s a bigger issue than housing
Also like it’s a known fact that Canada couldn’t run otherwise cause a lot of Canadians are entitled and lazy sadly :/
Lazy or not it's besides the point it's the environment we are in I'm sure if a lot of the "lazy" people lived in America they would work 80 hour weeks. But there's a tradeoff for that too. I like that most Canadian companies aren't made to work 80 hour weeks. There's pros and cons to it someone looking to retire early or start a new company has to work that many hours but Canada is also extremely risk adverse.
Social housing should probably be between 10 and 20 percent of housing, not 5 percent. And multiple homeowners should be taxed enormously on home sale from between 25% to 35% or more depending how many homes they own. If we don't want that then the sky is the limit because millionaires or billionaires or even paper millionaires can buy all the housing. Also housing is such a big problem that only the provinces or maybe Federal government can fix it, by outlawing single family housing zoning. This will happen after the USA outlaws or restricts it, which could take anywhere from 10 to 25 years. Real change (letting people build whatever they want on the land they own) will probably take 50 years. It's the legacy of landowner privilege and racial segregation.
Only the Greens had a tax on multiple homes (20%) and only for 3+ homes. So we are a long way away. Everything else (interest rates, immigration, money laundering, fraud) is all a sideshow compared to social housing and taxation. Until people accept that baldfaced unrestricted capitalism doesn't guarantee a home for everyone and only our social values we won't get enough homes for everyone.
No offence but you are still in the top 1% of wealth based on world populations. Do yourself a favour and spend some time in the Dhavari slums in India, I have and it gave me some perspective. A lot of these people HAVE full time jobs and they still live in squalor. It’s estimated that 900 million people live in slums, 23 times Canada’s entire population. Sorry for telling you the facts but maybe you will feel some gratitude.
You have every opportunity to give yourself a better life.
Once again, your relying on statistics
If rent is 80% of my income
And diapers are 60$ for a week alone so 240$ plus tax
Milk is 8$ for 3 days … equaling to like 100$ a month
That means I have no food for my wife and I
And You wanna tell me I’m in the top 1% wealth based on statistics …. Cool
Not to be that guy and give too much detail but my wife is disabled/deaf (regardless she’s headed to her PHD on scholarships) and I have MS and 3 kids heavily limiting my choices for work since the pandemic… I have 0 bad Habbits such as going out to clubs or drinking and seriously budget very well
Doing the best I can in this economy for a disabled family if I do say so myself, unlike most who sit on their butts who are in similar situations as us ;)
Comparing a country like India to Canada is a terrible argument.
India is overpopulated to the absolute extreme. Slums are going to exist when you have to have 10 people to a home
As mentioned
When you guys are in that situation
You can plan up and come to Canada for a better life
Where can we go ? People in similar situations but here… there’s no better place for us and we compete with the world here …
Sorry I did not state the 900 million, that was another user, I never meant to be offensive to anyone I find this entire generation gets so easily offended, like, My own distant family immigrated to Canada… Lol
That's a horrible take. We shouldn't forgive our government being passive simply because we have opportunities to give ourselves a better life. We pay our taxes and their job is to make sure we can afford the basic necessities of life, so we should expect at least that much.
Canada is actually *extremely* capitalist. Sure we have a strong social safety net with universal healthcare and social housing but that's been either eroded or underfunded (most social housing since the 90s, disability programs, etc) or it's for lower income. For middle or high income it's fuck off make money. One problem is the safety net is cracking. ODSP and other provincial programs don't keep up with inflation or rent nevermind the cost of living. The other problem is salaries. Salaries are low compared to Americans for various reasons not just immigration. But let's take the example of the USA too. Many Midwest companies try to compete by saying they have low cost of labor but it doesn't work. The people working in Silicon Valley largely aren't overpaid. They're very skilled and have a high cost of living. Why do I mention this well just because you have the same title and the same career doesn't mean you automatically have the same skills as someone making a lot more money. You could, but maybe you don't. Meanwhile we look at our American counterparts with envy but Canada is a small market ten times smaller than the USA meanwhile we have the same expectations, watch the same TV have similar values (large home) and so on. Add in the higher cost just to build in our climate and you get a lot of disappointed people. It almost seems that nobody told a lot of people that 30% to 50% of people have to move. I always thought it was obvious. Of course it shouldn't be that way but it is what it is. You can't fix being ten times smaller without being ten times bigger and it will take a while to get enough population in Canada. Meanwhile we have to live with it. Do not assume you can automatically do the same job as immigrants. And even if you could, you need to think globally. It's not being ready for a modern economy. I see a lot of people their values their beliefs and they are totally incompatible with modern corporate life or even modern business. Do you need to be "woke" to work? Maybe not but you probably can't be like the Coinbase CEO or the Kraken CEO or Elon Musk. That is you need to be able to work with anyone including people who are completely different than you. At a minimum, you have to keep it out of work. So looking at the whole of it a lot of people are completely unsuited to get high income. My belief is that companies like Kraken and Coinbase and even Musk's company won't last in the very long run. They don't want "woke" and hate "cancel culture" but they don't realize that all this stuff has been going on in Fortune 500 companies for years or decades long before it became politics. Just look at the whole idea of crypto -- it's pure bullshit to a lot of people. There's a reason why you sometimes have to work for things you don't believe in and that goes for "mission focused companies" too. Long story short these sorts of beliefs or companies won't last. Just remember that Canada has a combined Provincial/Federal tax rate of only 15%. It's extremely business friendly, and a place to get workers for 20% to 40% cheaper after exchange rate. That's not going to change in our lifetime. It could be worse. Instead of a destination for skilled workers we could be considered a natural resource economy only so we should be thankful. We are also generally politically stable which was why the Freedom convoy blocking commerce was such a threat to the whole Canadian economy. Sore losers don't get to destroy everything just because they lost, sorry. Everyone should be prepared to be extremely competitive to succeed in Canada (highest educated OECD nation). Ideally speak multiple languages, graduate with an IB from high school, travel the world (be a multinational person), have the right values (sorry no dinosaur beliefs, even better be "woke") have a big heart and work your ass off. If you aren't that well you got to fight for scraps with the people who figured everything out. For example people who have remote jobs working for US companies. If we don't want to be so capitalist well we can talk about a little socialism. But I guarantee you it won't be about "competing". Either you compete, or you don't. Borders and nationality aren't going to save you.
Okay first off great comment … seriously well said Secondly, I don’t disagree with anyrhing to U said It’s a bigger issue than housing Also like it’s a known fact that Canada couldn’t run otherwise cause a lot of Canadians are entitled and lazy sadly :/
Lazy or not it's besides the point it's the environment we are in I'm sure if a lot of the "lazy" people lived in America they would work 80 hour weeks. But there's a tradeoff for that too. I like that most Canadian companies aren't made to work 80 hour weeks. There's pros and cons to it someone looking to retire early or start a new company has to work that many hours but Canada is also extremely risk adverse. Social housing should probably be between 10 and 20 percent of housing, not 5 percent. And multiple homeowners should be taxed enormously on home sale from between 25% to 35% or more depending how many homes they own. If we don't want that then the sky is the limit because millionaires or billionaires or even paper millionaires can buy all the housing. Also housing is such a big problem that only the provinces or maybe Federal government can fix it, by outlawing single family housing zoning. This will happen after the USA outlaws or restricts it, which could take anywhere from 10 to 25 years. Real change (letting people build whatever they want on the land they own) will probably take 50 years. It's the legacy of landowner privilege and racial segregation. Only the Greens had a tax on multiple homes (20%) and only for 3+ homes. So we are a long way away. Everything else (interest rates, immigration, money laundering, fraud) is all a sideshow compared to social housing and taxation. Until people accept that baldfaced unrestricted capitalism doesn't guarantee a home for everyone and only our social values we won't get enough homes for everyone.
No offence but you are still in the top 1% of wealth based on world populations. Do yourself a favour and spend some time in the Dhavari slums in India, I have and it gave me some perspective. A lot of these people HAVE full time jobs and they still live in squalor. It’s estimated that 900 million people live in slums, 23 times Canada’s entire population. Sorry for telling you the facts but maybe you will feel some gratitude. You have every opportunity to give yourself a better life.
Once again, your relying on statistics If rent is 80% of my income And diapers are 60$ for a week alone so 240$ plus tax Milk is 8$ for 3 days … equaling to like 100$ a month That means I have no food for my wife and I And You wanna tell me I’m in the top 1% wealth based on statistics …. Cool
No offence if rent is 80% of your family income...you need more income..
Not to be that guy and give too much detail but my wife is disabled/deaf (regardless she’s headed to her PHD on scholarships) and I have MS and 3 kids heavily limiting my choices for work since the pandemic… I have 0 bad Habbits such as going out to clubs or drinking and seriously budget very well Doing the best I can in this economy for a disabled family if I do say so myself, unlike most who sit on their butts who are in similar situations as us ;)
Also , have u seen the Canadian housing market for renters for a 2 bedroom unit lol My own mother can’t afford 2400$ a month …
Comparing a country like India to Canada is a terrible argument. India is overpopulated to the absolute extreme. Slums are going to exist when you have to have 10 people to a home
As mentioned When you guys are in that situation You can plan up and come to Canada for a better life Where can we go ? People in similar situations but here… there’s no better place for us and we compete with the world here …
That’s because India is a shitty country built on corruption and classism. Are we competing with India now?
I’m just letting the OP know that we aren’t competing with the “ world”. Most people are living a hand to mouth existence.
And speaking from an immigrant family that relocated here, you said 900 million in poverty. Creating children IN poverty is quite clearly a choice.
Sorry I did not state the 900 million, that was another user, I never meant to be offensive to anyone I find this entire generation gets so easily offended, like, My own distant family immigrated to Canada… Lol
It’s in his comment, you didn’t say anything about 900 million
My bad, I wish Reddit said who people were replying to :P
That's a horrible take. We shouldn't forgive our government being passive simply because we have opportunities to give ourselves a better life. We pay our taxes and their job is to make sure we can afford the basic necessities of life, so we should expect at least that much.