Research Tool
Close Reading
Click a comment to load its sentiment categories, AI rationale, and reply thread.
Comments
Page 3 of 10
· filtered
| Published | Reply likes | Comment |
|---|---|---|
| 2024-11-15 | 0 |
I was born in Quebec, moved to BC and then too Ontario. You should ask why so many of us left Quebec (the last place I would want to live ) why I left BC (most woke province ) and settled in Ontario. I love Atlantic Canada but only as a place to visit. I would move to Alberta for it's politics but not it's weather.
|
| 2024-11-10 | 0 |
Alberta is the Texas/Florida/Alabama/Louisiana of Canada - really racist and really conservative.
|
| 2024-11-05 | 0 |
Can't watch a video that puts the most corrupt province that depends on other provinces to pay it's bills first in a list of the best provinces. \nIt's not in the top five snd if you look into how it conducted business during covid it would somewhere near the bottom. \nIf you want to know the best province go around the country and talk to Canadians anc after awhile you will get the feeling that there is one province that annoys people in Canada yet it keeps attracting people to move there from within Canada, has the best economic numbers in the country and is close to the top in all positive indicators. \nThen go to Alberta and see for yourself why it's the best province in the country. \nAnd keep in mind we subsidize the rest of the country, especially the deadbeat province of Quebec.
|
| 2024-10-30 | 0 |
Expand your industry across all of Canada, not just in Toronto. The city cannot accommodate more people. Consider offering higher salaries in provinces like Alberta, Prince Edward Island, Quebec, Yukon, and Northwest Territories, to encourage people to relocate to those areas. Bring business from USA & china……
|
| 2024-10-14 | 0 |
I think, alberta is the best province in Canada.? I like the mountainous landscape. And its home to banff national park.?
|
| 2024-10-05 | 0 |
Research from the University of Alberta, along with various other studies, suggests that immigration generally has no significant impact on housing prices. However, the high cost of labor and construction has discouraged many companies from building new homes. Additionally, rapid housing development could potentially affect millions of Canadian homeowners, as many have made real estate their primary investment. Despite these concerns, I believe increasing housing construction is necessary to alleviate the housing crisis and reduce the pressure it places on so many people in Canada.
|
| 2024-10-05 | 0 |
Edmonton Alberta Canada
|
| 2024-10-02 | 0 |
My daughter is nearing the end of 2 great years in Canada on an IEC (backpacker) visa from Australia. She’s loved the people, the landscape (mostly lived in BC and Alberta) , and working there…. She picked up interesting jobs, worked very hard, just about made ends meet, has been great. \n\nShe was even offered a permanent job by a major Canadian co last year (she was working for them on a one year role at the time) that would’ve paved the way for her to apply for PR…but she turned it down without a second thought….. for all the reasons you would know about \n\n- Wages aren’t great (maybe 20% less than australia), \n\n- taxes are high (incl having to pay CPP…in australia the employer pays all pension contributions, on top of wages), \n\n- groceries prices out of kilter, \n\n- rents consume most of what’s left…. \n\n- AND, even if you could save a deposit for a house, or shoebox apartment….what’s the point, could never afford it. \n\nShe’s seen nearly all her Canadian friends resigned to their fate of being perennial renters, of being perpetually skint. It’s no life. She’s sad to see it - coming from a country of perpetual optimism and opportunity, to learn over time how such a (on many levels) similar country isn’t like that, that has somehow got it all so wrong. \n\nIf you are thinking of “australia” as your answer, it’d be a fair call\n\n- Avoid Sydney if you can (a less expensive Vancouver) but rest of the place is “workable”. \n\n- Average wage in Perth is $100k (C$90k) and average house (full size…not an apt or townhouse) price is about $700k (C$630k) …so do-able, if tight to start with, for youngsters (like you..!) \n\n- I’ve been to Vancouver’s East Hastings St, and so can confirm is nowhere close to that in Oz. Are sketchy parts of all cities, but it’s definitely not community wide\n\n- are small pockets of homelessness (esp but not only indigenous community) but the governments are mostly (sort of…) “on it” \n\n- sun, sea, sand… and the sharks rarely come close to shore!
|
| 2024-09-17 | 0 |
There's also been a massive influx of Ukrainian refugees into Canada, over 700,000 applications were received from Ukrainians under the Canada-Ukraine Authorization for Emergency Travel (CUAET) in 2022. And especially been a major influx particularly into Alberta. Employers also receive many benefits for hiring Ukrainians under the CUAET, which has also lead to increased unemployment and reduced wages for entry level jobs. We should not allow refugees and international students, anyone who is deemed temporary to enter and/or remain in the country if we don't have the necessary supports.
|
| 2024-09-10 | 0 |
Quebec? Lol clearly you never been and if you have it was Montreal, unless your french and white you'll learn Quebec is one of the most intolerant places in Canada outside of Alberta. Ask the Ojibway and the northern Cree how safe nice Quebec is
|
| 2024-09-08 | 1 |
I've lived in Canada all my life I haven't had a doctor in 2 years. In my 60s I now have to go and sit in emergency every month to refill my prescriptions. I often spend 12 to 14 hours a month because there are no doctors in Alberta! These people should go home we don't have the room and we have enough Truck drivers!
|
| 2024-09-06 | 0 |
Hell yeah, get them the hell outta here. Canada is full. Alberta is full. Stay out!
|
| 2024-09-04 | 0 |
Alberta lead the housing starts not eastern Canada
|
| 2024-09-04 | 0 |
thank you for this balanced video. Im a 34 yr old Canadian and share the exact same view as you about this country. \nMy husband, myself and our tow kids moved to Mexico a few years ago, as well as a few friends of ours, and leaving Canada was like getting out of a toxic relationship lol Once you're out of the 'bubble' that Canada has created for it's citizens you see just how sour it has become. \nThat being said, we did move back to Canada to buy some land far north Alberta-only because we have small kids and want them to be around family-but if it was just my husband and myself we DEFINITELY would have stayed in Mexico. \nMexico feels safer, its beautiful there all over the country, the people have wonderful community and live life fully, the culture is enthralling, the food is BETTER in every way, the language (Spanish) is a fun element to life, and best of all-in Mexico, you are out of the censorship and the 'fear bubble' in Canada. You see it all over headlines, you hear it on the radio, it comes out of everyone's mouths in Canada-obsessed with 'safety' and everyone is terrified of living. Now that we're back we're very aware of it and do our best to ignore it and block it out. \n\nMoving abroad is a lot of work, but I would do it again in a heartbeat and recommend it. If you are able to, just do it.
|
| 2024-09-03 | 0 |
Wish my Province of Alberta would just seperate from Canada. Immigration and Liberalism has destroyed this country.
|
| 2024-09-01 | 0 |
When india can get its overpopulation and poverty problem under control, and migrate here without importing bad third world behaviors, then they'd have a better reception in Canada.
\n
\nThe blatant corruption and third world mindset that abounds in India is going to destroy Canada unless something is done to curtail it.
\n
\nBangladesh is less than a tenth of the land mass of Alberta and Bangladesh has 171 million people.
\n
\nYou cannot tell me that people who come from such conditions could ever understand or value what makes Canada different in terms of sanitation and prosperity when the experience of people in India and neighboring regions is so different.
\n
\nAll I ever hear from Indians is their lack of comprehension or value that lower populations has, in fact many of them have contempt for the fact that anglo westerners don't want to live in dirty and overcrowded conditions.
\n
\nImporting hundreds of thousands of people with that mindset is going to cause intractable problems with the host country, and you can cry racism all you want, but it doesn't change the fact that there are obvious incompatibilities between people of the overcrowded third world and first world nations.
|
| 2024-09-01 | 0 |
I was never racist or taught to see people of other ethnicities or religions as inferior so I don't hate Indians, nor do I show them disrespect unless warranted but the rampant abuse of our systems has messed up so many things. I know of large families of Indians who came as asylum seekers who'd come over separately while claiming different names so when they all come together some families are getting $30k or more per month just for being here. They drive expensive new luxury vehicles and mostly wear expensive designer clothes and are given homes while at the same time us Canadians born and raised here are struggling to even get to eat well every day or have a home to begin with. It's not entirely the fault of Indians, the blame also needs to be shared by our gov't as well since they opened the borders and have mostly waived the process of vetting who comes into our country. It's never a bad thing to have people who genuinely add to the collective greatness of a country but we have let in too many freeloaders and even criminals, the Indian gangs extorting businesses for millions in BC and Alberta for example. Nothing wrong with Indian immigrants as long as we can balance the needs and safety of everyone involved as well. Right now there is no balance and the results are catastrophic. Canada never used to be host to so much divide and hatred as it is now, we can thank Trudeau and his people for that.
|
| 2024-08-25 | 0 |
had a journey in june this year Alberta-BC, was shocking what I saw on East Hastings.\nTrudeau`s liberal politic destroyed that city and soon all Canada`s big cities.\nscary.
|
| 2024-08-23 | 0 |
I agree with the reality of cost of living crisis, because we face it everyday, however, even today in Canada, if you are ready to go back to school and learn highly technical and highly skilled trades specifically required for the oil and gas industry by companies based in Alberta and for aircraft or airplane maintenance,repair,servicing,overhaul,you would thrive.
|
| 2024-08-19 | 0 |
Re: career opportunities. I am a Canadian citizen. I worked as a land surveyor assistant from 2017 to 2019 in Alberta. I had very few career opportunities. My supervisor didn't bother to teach me the trade. I was just assigned to be a pack mule/hole digger. I had a geomatics diploma and intended to become a surveyor after working as an assistant for 1 year. I waited 3 years and didn't make any progress. I was so frustrated I moved to France. France has way more opportunities for me. The salaries are lower. But the cost of living is lower too, and the hours are around 35h/week (vs 80+ in Canada). Yeah, it's legal for tradesmen in Canada to work 24/4 day shifts with 12 hour days. This doesn't take into account the 1~2 hours of unpaid work every night to write field notes and charge the batteries/cleanup the equipment. It doesn't help that the salaries are hourly too. So in the slow months you better have money saved up, or you'll be begging for food.
|
| 2024-08-17 | 0 |
Hey @Alina McLeod on future video, could you do a video on #Saskatchewan, as whole? I've always wanted to visit cities in Canada. Like, Toronto, Vancouver, Calgary, Ottawa and Alberta.
|
| 2024-08-17 | 0 |
We went to Canada and it was not as I had imagined. We have tried everything for 9 years and decided to move back home\nIn 2023. The money was only for renting and food and in the summer we had much wild fires in Alberta and soon the winter again. \nNow we go to the beach every week despite it is very hard to restart the life again.
|
| 2024-08-17 | 0 |
I had visited Canada since the 1980's on both coasts, mostly Quebec providence, Alberta and British Columbia. I loved Canada, sometimes more than the U.S., which is where I was from. Canada has been taken over by the bastard son of Fidel Castro who is ruining the country at a surprising pace, mostly because they take advantage of the civility and kindness of its people. I rue the day that actor/freakshow took over for his cuckolded father. I am sorry that I won't come any longer but more sad for the people who are living through this sh*tshow.
|
| 2024-08-16 | 0 |
Yeahh. I am with you o that!\nI too have left, must say now forsightedly, 20 years ago. Canada used to be the most magnificent country on the planet. But that's all gone now. All what's still renains deep in my heart are the endless Alberta blue skies.
|
| 2024-08-16 | 0 |
You can thank woke yuppies and Liberals ideology for destroying Canada I truly believe that Alberta and Saskatchewan need to get out of confederation to make a better life for our children and grandchildren
|
| 2024-08-15 | 0 |
Canada needs Alberta, Alberta does not need Canada. Project Alberta 51
|
| 2024-08-15 | 0 |
I have been across Canada many times and have visited every major city. Quebec wouldn't be on my top 5 list. Alberta is #1, BC #2, Ontario #3, Nova Scotia #4 and New Brunswick is #5. That is my opinion.
|
| 2024-08-15 | 0 |
Hopefully the socialist agenda can be radically rolled back beginning next year with Poilievre to open up the freedoms to live and thrive here without such a heavy tax and regulatory burden. I've tried to get my wife to consider taking our hard earned nest egg and moving to the US or even just Alberta to escape the communist government in BC. But she won't leave darnit. I hope for the. best for you - I recommend the USA more than any other nation though, as they have inexpensive luxury housing and land available with much higher incomes than Canada. If I was 25 instead of 56 I would have become a nurse or doctor so the US would let us in easily.
|
| 2024-08-15 | 0 |
I just stumbled across this video. This is my first viewing of one of your videos and it was sad and painful to watch. I was born in Canada to immigrant parents. I grew up on a farm in Alberta. Listening to your memories of growing up resinated with me as that was my experience as well. Fast forward to today, my husband and I left Canada in 2022 and are currently in Mexico. We have thought about a return to Canada but the reports really don't give us hope. We will likely move again someday, but Canada isn't high on that list until something changes. I will look forward to seeing where you have chosen. Thank you for the honesty in this view.
|
| 2024-08-15 | 0 |
I've lived in Canada since the late 1980's, starting in Quebec, then Ontario and since 2010 Alberta. I've seen the decline and really don't like where this has gone. However, there have always been ups and downs and the recent pandemic has caused problems for every country. I still like living here, but I love travel as well. So for now we're snowbirds, exploring different locations in South and Central America each winter. I also have ties to Germany, but so far life in Canada suits me more. All the best for your new adventure!
|
| 2024-08-14 | 0 |
I love Canada. But I have told my kids to see a living elsewhere. It’s not a change of political party will fix the place…there are some structural issues from all levels of government to large businesses and schools…etc that are really f’d up in Canada. Canadians don’t know if they should be more American or European…they are kind of stuck. The government has grown to be a major employer and the most significant company is Shopify. Alberta is most prosperous province that wouldn’t even be in the top 20 American states.
|
| 2024-08-14 | 0 |
Were are these protests? Anywhere in Alberta. We need to stand up for Canada first close the borders my ancestors who died for this country would be ashamed. The radical left want these immigrants to prevent a conservative govt which will stand for Canadians, and Ukraine first
|
| 2024-08-14 | 0 |
Same story, also moved to Canada(French Canada!!! :D) when I was 4, I'm 32, been in Canada like 24 years. Easy fit, my Dad was Canadian, so got Naturalized easily. I left Canada at the end of 2020. Mostly because of Covid/Work Opportunities in engineering. Now living in the USA with my Canadian Wife and visiting Canada 2 months every year, also happen to be born American, so again, easy(easier**, still hard) move for me. Currently working in engineering, less travel experience, but I did get to visit or work for long period of time in 5 countries. Anyway, I do have similar opinion, I think the solution is a federal housing initiative. We NEED to build north and have more cities than Toronto,Montreal & Vancouver. It would reduce rent & mortgage by a lot. Essentially solving the ''where are we going to put all those immigrants issue'', then secondly, we need to encourage entrepreneurship and business a lot more. We need more jobs and be less reliant on our USA neighbors or EU neighbors 3. Better transport, surprisingly a lot of Canadian don't visit all other Canadian province and prefer traveling out , hell, I want nothern Canada & Nothern Quebec to be more like Alaska, or make it easier from someone from Quebec to move to Alberta, but still easy enough to visit family and friends in their home state in under 3 hours. ;)
|
| 2024-08-14 | 0 |
Hi Alina, well done on your decision. This is not an easy thing to do. As well as Canada, i have lived in the uk and Greece. I don't want to make things harder for you but i want to warn you that the grass is never greener on the other side. I am very disappointed with Canada to be honest. My wife and i are moving from Alberta to New Brunswick next week in search of a quieter, calmer, cheaper life. Let's see what happens. I completely agree with all of your points. I could easily get political but i won't. Suffice to say, keep doing what you love. Screw the system that is forced on us. We work for no return. Work doesn't pay anymore. Focus on what fills you up no matter where!
|
| 2024-08-13 | 0 |
Since Trudeau took power the population of Canada went from 35 to 41 million or 6 million people. That is more than the population of BC or Alberta. Has Canada built another BC or Alberta in terms of housing and infrastructure in the last 9 years? Quick answer is no. No one hates immigration, but it has to be done at a sustainable level. What he has done to this country is criminal.
|
| 2024-08-13 | 0 |
I’m an American who spends time in Canada doing cyber engineering work in Alberta.. I’d estimate Edmonton is 70% Indian immigrants. \n90% in the engineering fields.
|
| 2024-08-12 | 0 |
Hey! I live in Edmonton Alberta Canada,population around 1.2 million. We have a huge awesome river and river valley that is utilized year round. There are non stop festivals, right now we have the Cari West the largest Caribbean festival in western Canada. Our tap water is amazing, my daughter rents the main floor of a renovated house that includes a garage for 1,400 a month. Gorgeous south side neighbourhood within walking distance to anything. Lots of imperfections as it is a big city and yes there is crime but it does not define what I do and where I go except possibly late at night. The cold in the winter is tolerable for the most part but that doesn’t stop any one from outdoor activities. Just put your warm clothes on and just get out there. I get fed up with winter when it drags on but all of a sudden we’ve been having record breaking heat this summer so I am looking forward to Autumn. We’re 4 hours from the fabulous Rocky Mountains and the wonderful city of Calgary is about an hour 1/2 from there. Alberta is my province and Edmonton is my home. The rest of Canada varies from one province to another. PS. We’ve travelled to various locations in the U.S. and were always treated well and enjoyed our visits, just sayin!
|
| 2024-08-08 | 0 |
Lol… Alberta supports Quebec…missed your rating by 9 billion dollars… what Alberta gives to have not provinces Alberta is number one in Canada
|
| 2024-08-06 | 0 |
David, are you seriously thinking that you can save enough for trucking school in Toronto by working as an Uber driver? Are you serious?\n\nWhen I see people like him, I think they are crazy, for real.\n\nYou need to focus on getting your PR status and talk with an immigration lawyer or do your own research. Move to a different province if necessary.\n\nI am Ukrainian myself. I landed in Canada in 2021 and worked on a farm for almost minimum wage for two years. However, I got almost free housing and obtained my PR. \n\nThen I got a better job. There are plenty of jobs in Alberta where employers provide accommodation almost for free or completely free. The job may not be the best, but you can save money quickly. That's what I did. I worked another year for a sewer company, completed my trucking school, and now I have my Class 1. \n\nSome companies even pay for your trucking school, but you have to sign a contract for 1 or 2 years. They might not pay much, but hey, you'll get your Class 1. \n\nYou need to read more forums and talk with more people. Don’t just sit and wait for a miracle.
|
| 2024-08-05 | 0 |
Canada likes selling dreams. I am in Alberta, trying to move to PEI and I'm french, unfortunately when you search, you find out that they don't have lots of jobs. They have designated compagies for the Atlantic pathway, but when you look at them one by one you don't see jobs. They talk about massive recruitment while those who are there can't find jobs and other immigrants are protesting for temporary work permit extensions. Good luck! We never know.
|
| 2024-08-04 | 0 |
Toronto and alberta Canada, security guard jobs are booming ?? if anyone interested, and call center jobs from home jobs too ?
|
| 2024-08-04 | 0 |
Toronto and alberta Canada, security guard jobs are booming ?? if anyone interested, and call center jobs from home jobs too ?
|
| 2024-08-04 | 0 |
If you htink thats bad imagine living here. We have an alberta premier saying indians built alberta. She is that stupid. Zero indians in alberta until the 1900s but yeah, they built it.\n\nEdit: actually its all of canada. not just alberta.
|
| 2024-07-30 | 0 |
Immigration wouldn't be a problem in Canada if immigrants were only allowed to settle in less populated areas like the Territories, Saskatchewan and Manitoba or even rural/ Northern parts of BC, Alberta, Ontario etc. Instead they all come to Greater Vancouver, Toronto, Calgary, Montreal etc because that's where their family members and friends are. Canada has a huge density problem and lacks infrastucture in all of these rural areas but allowing immigrants to move here but only to those areas would be hugely beneficial. There is jobs there as we have a resource-based economy. Why isn't this obvious to politicians, people want to move here just put some rules in place!
|
| 2024-07-14 | 0 |
Some of the data shared is incorrect. For example you dont need 190k salary for mortgage. Even someone with an average income of 60k can own a home. Housing crisis is in major cities like Toronto, Vancouver the same like we see super expensive housing in Mumbai for example. \n\nPregnant lady does not have to wait for 30 weeks. That is completely incorrect. \n\nThe drug problem and the images that you share is from Vancouver which you mentioned already but that is not the case you see in Ontario, Alberta or any other province. Its like how Punjab has drug problem but it doesnt mean that Gujarat is the same when it comes to drugs. \n\nThe protests currently happening around deportation is also due to the fact that so many students from India were scammed by an Indian agent who sent them to Canada on fake admission letters. Those students were not enrolled in any colleges and came to Canada on fake documents. \n\nI agree that Canada is very difficult for immigrants to come and build at this point. This wasnt the case 10 years back. But this is true to only densely populated cities. Everyone wants to go to Toronto and Vancouver so it has made the situation tough in those cities. But there are other provinces and cities that are still easy to settle down and build your life. \n\nCanadian locals being not immigrant friendly is not whole truth. Some % of locals yes they are fed up of too much immigration but do search for videos or news article of Indian students in Brampton fighting and you will get the answer on why some of the Canadian locals are being wary about immigrants now a days. \n\nIt is hard to settle down in Canada yes. For someone who is having a decent salary in India can live a good life in India instead of choosing to struggle. But someone are made to chose the hard path to success.
|
| 2024-07-13 | 0 |
Totally agree with you guys. Main Canada main 14 months raha hu. Alberta (Calgary), and that was the worst time of my life. Canada was a nightmare for me.
|
| 2024-07-11 | 0 |
1) vancouver is most expensive most of the house owners are chinese\n\n2)If you suffer any injury like fracture or any minor pain than doctor wont treat you soon unless until its an emergency you have to wait for hours to see a doctor \n\n\n3) theft is 100times more common than india \nAlmost on average 10cars are stolen every day in british columbia \nIf you saw this event of theft with your eyes in any case you call 911 they will just suggest wait inside your home you will receive insurance and insurance company they pay insurance after 5 months till that time you have to wait.\n\n4) permanent residence for any one is given on point based usually points required are very high in main cities like toronto and vancouver you have to move alberta which has harsh weather minus 30degree\n\nCanada is worst place to live\n\nHomeless residents are getting free 2500canadian dollar for healthcare which they spend on drugs \n\nIts not safe at mornings also nights are worst\n\n\nWhile students do odd jobs \nThey have to wake up early and at midnight they have to travel on foot to catch bus but in vancouver you are lucky if you dont get caught by coyote \n\nIf you order anyting from amazon and any portal it will be delivered after 20days or 30days\nService is poor\n\nFresh fruits are more costlier than chicken or meat veg is expensive \n\nStudent life is harsh \nFirst 4years it will take to settle down \nNext 1 year you have to pay car instalment by end of college you can afford down payment\n\nBy next 2 year you plan for house \nAnd rest of your life you have to its installments even your child also have to pay instalment \n\nPlease dont go to canada students have to sell drugs to earn there living kindly stay away from canada uk france opt for new zealand or Ireland ?
|
| 2024-07-11 | 0 |
Any urbanist would tell you Canada is just a sprawled and poor transportation as America . It’s just Canada has a population smaller than CALIFORNIA for the whole damn country. The big five cities have transit no better than say DC Metro at best. Definitely not NYC esque. It just looks better because it’s only 10 cities worth a damn in all of Canada to live in. But Montreal (2nd biggest Canada city) vs LA? Not even close. Toronto is like DC Or Chicago transit wise . It’s great - for North America . All North America outside NY, DC, T Dot , Montreal, Chicago, and the Bay Area and maybe Vancouver and Boston/Philly have awful transit. It’s a NORTH AMERICAN issue. Nova Scotia Transit is shit. Same with most of the other non Ontario, Quebec, and Alberta cites and of Course greater Vancouver- the rest of Canada is Colombus Ohio- who the fuck cares
|
| 2024-07-08 | 0 |
As a white Canadian who loves living in Canada because of how MY friends respect and invite all people of all colours in our lives - it breaks my heart to hear this.\nHER WARNING IS NO SURPRISE... I WOULDN'T EVEN WANT TO GO TO EDMONTON OR CALGARY (ALBERTA)... I consider it the Texas of Canada / very conservative in nature... like American Republicans. IF you want to live anywhere in Canada - be sure to land in provinces that are either Liberal and/or NDP in political attitude.\nI feel so bad for her and others - I hate this crap... and it has escalated since the Trump took the Presidency in 2016. \nAlberta is very much the closest thing to a American state that I hate to admit.\nPLEASE REMEMBER: there are sooo many of us that welcome you - Canada is full of every ethnicity and religion... but Edmonton, man - pick Ontario or Quebec. COSMOPOLITAN AND PROGRESSIVE.\nI would never want to live alongside Albertan Cowboys (sorry, Alberta - but relatively speaking...you must admit this is the case more-so than anywhere else in the TRUE NORTH)
|
| 2024-07-04 | 0 |
Vancouver real-estate is essentially a money laundering operation for rich foreigners looking to stash their money somewhere. Protections were put in place a little to late back in 2016 with the foreign buyers tax. But honestly most of these foreigners can either be exempt from this tax with their citizenship loop hole (anchor baby) Or honestly they just pay the fine since they can afford it and just need to get their money out of the country they are coming from. Its quite dystopian because building more homes like the government keeps promising isn't going to solve the problem either. This is because its just going to add more to the volume of housing that the foreigners can buy up from the locals and adding more fuel to the problem. Immigrations Canada is lying to new comers. To top it off, BC just recently passed a law in 2024 where you can no longer build single family residences in the lower mainland area. WHERE are the families going to go then? Can anyone even afford a family anymore? Vancouverites like myself who were diligent and saved every penny are walking away from mortgages in droves because who wants to lock into a 30 year term amortization period where at rate plus prime your looking at 5.5%-7% where the bank makes more than double in interest from you. Over the course of 30 years you still lose because even if your property appreciates past double. Capital Gains will take into effect. Your loosing money no matter what! It truly is a nightmare designed to enslave you financially. This is simply wealth creation suicide. Came from immigrant parents in the 1990s, I slaved for 10 years during my twenties, didn't come from wealth, didn't party, didn't have fun, studied hard, and started a business and I still cant break into the Vancouver market. So I ended up just barely squeaking into the market in Abbotsford. Vancouverites as a whole are screwed. Time to pack up and move to Alberta I suppose. I will also preface by saying that most of BC is empty and that it would make sense to built outside of the Vancouver area as Vancouver has now basically become fiscally unlivable. It might make sense for the next government that come into power to decide to invest in building in other towns and cities around BC to incentivize Canadians to move.
|