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Well immigrants will have a relatively tough time. Canada is a diverse place. Live outside the big cities if possible. Speak English at home. Make friends with established Canadians. Be cash rich and house poor. Getting locked into a fat mortgage will just grind your happiness away.

Well,well!Only in Canada,you say .How about the US,France and other countries in the world? I assume that there are no homeless people in the US or France...How many thousands and thousands die from drugs in the US and other countries in the world.Yes,the governments should do better and find/build special housing for these people.They should set up special\nclinics in order to detoxify these drug addicts.The problem is that people don't want to have these clinics in their neighbourhood because they are afraid of fights,their houses will go down\nin value and so on.I saw a documentary about the homeless people and I was surprised and not surprised about what they are saying.There is what they call the Old House Brewery in\nMontreal and there are about 50 beds (or more) and the homeless people can sleep,eat and shower.There are a lots of then who refuse to go to this place,some say that so people were\nmaking noises at night and they prefer to sleep under bridges ..Homeless people are everywhere in the world.DON'T FORGET THAT IT 'S ALSO THE JOB OF THE PROVINCES TO FIND\nSHELTERS FOR THESE PEOPLE...

in Canada we have a serious housing crisis, you pay 50 % of your wages on rent. Also even though it's a big country, less than 10% is habitable. Mass immigration is definitely not helping.

All factors go to in favor of Canada other than difficulties in finding a job in their field of training for new immigrants and very expensive housing.

In my opinion, if not just because of long time waiting for ILR and housing issues in UK, I will always prefer UK to Canada. Canada will give you easy PR but even with the PR, it will still take many years to achieve your dream in your profession. UK ILR takes time but within those times you must have achieved what you want. Some people that relocated to UK as ordinary carer have become registered nurses even before they get their ILR. UK needs patience and at last you will be glad. The issue is that many people want it so fast. They prefer getting PR faster than growing in their profession. That's why they prefer Canada.

Communist party of Canada, excellent ideas on inflation reduction-housing-Healthcare. CGTN The Point-Hub-Heat, RT International. Poverty allieviation completed 10 yrs ago in China

The UK is pretty much like Canada, now. There is only room for the 5% who are rich (the capitalists & rentiers) and the 35% of people on Benefits (the 35% of population who live off welfare paid for by the State using the hard-working tax payer's money). The honest, hard-working middle-class (about 50 to 60% of society) are absolutely screwed and doomed, because all they can now do is keep working their guts out till they drop dead, and never hope to have a decent life. The culture of state-funded Welfare has now gotten so bad that I now live in a street where some 30% of the people who live off Welfare have been given State funded houses, and those houses which are bigger and better than mine (all paid for using my tax money). And I have slogged my entire life (I am 65 now) to pay off a large mortgage on a house that eventually has lower value than the houses that people on Welfare are given on the same Street! Worse still, now that I am approaching the stage where I might need to go into a Care Home, my house (which I worked for my entire life to attain) will have to be sold off to pay for my Care Home costs. While my neighbours who never worked a single day in their life (and whose life was subsidized using my tax money) will again get free state-funded Care Home facility too! It utterly beggars belief. \n\nWhen state-funded Welfare gets to a point that doing an honest day's work actually penalizes you, because all you are doing is funding the lifestyles of the other half of society who wish to sponge off State Welfare (due to the high taxes the Government is forced to impose on the working middle-class to support the 35% on State benefits), then that society can never prosper, firstly because it removes the motivation to work hard, and secondly because some day the Government will run out of money to continuing funding the lavish lifestyles of people on State Welfare. And that is very much now the state of affairs in countries like Canada, the UK, and much of EU. It is an unsustainable model. \n\nBy contrast, in countries like the US, China, India, etc. there is a much greater correlation between hard work and reward. Choosing to not go to work and sponging off Governmental welfare is simply not an option. And that is precisely why countries like these will continue to prosper in the coming years - because they have some form of Meritocracy. Unfortunately, I think countries like the UK, Canada, and most western EU countries are looking at a downward spiral, and there are no easy solutions, because their Welfare model has already created these huge segments of society which depend on it and will not allow it to be demolished - but the day is fast approaching where they will all soon run out of money to continue funding it (most of these countries are already facing huge Debt-GDP ratios, and there is no conceivable way of them coming out of it).

I live in Toronto Canada and I’m sorry they keep letting people in , no one can afford rent, they say there’s jobs but it’s only for new comers, they get housings money and cars, it’s a sin that they don’t fix our economy first before letting 1000’s of people in , a lot of us are literally living pay check to pay check and barley surviving the immigrants are taking over..

All of these points are subjective. I think the point system you used and the subjects you talked about are biased. I would have given the USA a point for innovation and job opportunity. There is more opportunities, because more companies choose the USA. We have a higher population so even thought there is more job opportunities in the USA, it is also very competitive. Your video gave a point to Canada for vacation and maternity leave rather than innovation and job opportunities. A lawyer in the USA has a better chance of practicing law than a Canadian lawyer. You gave a point to Canada for healthcare because of life expectancy. However I’d still give a point to the USA for healthcare. The life expectancy is a separate subject. The life expectancy is lower in the USA because of what we eat here. I would give a point to Canada for healthier food. In the USA fatty diet with sugary sweets is common here.\n\nThe video was really pros and cons for liberals. As an American, I could make a list that is biased towards the USA. It was a very informative video, I just think the irony of you talking about political bias while making a biased video was comical. I definitely don’t want to move to Canada after this?. If you are liberal in the USA and can handle the cold then Canada is sounds amazing. If you’re a liberal, but can’t handle the cold, the west coast of the U.S. might be a better option than Canada. \n\nI think all of those pros for Canada is because they are in Canada. It’s great that those things work for Canadians and so many immigrants into Canada!\n\nAlso, Canada can have 1000 points for personal hygiene. I can’t stand people not taking their shoes off in my house even though I have a sign on my door that says, “please take off your shoes”. I have OCD so I am biased on that subject ?.

The sista is speaking nothing but facts! I made the mistake of buying a house 1hr east of Toronto. Let's just say the WS movement is strong! I will be moving closer to Toronto in 6 months. \n\nFor all the the POC who are suffering racism in Canada, all we can do is get our education, buy real estate, start businesses, get good paying careers. Also, suing is an option. All I hope, is for my child things are a little better.

The USA and Canada are already filled with immigrants we DONT NEED TO HOUSE ANYMORE

Its horrible everywhere here in Canada there is no affordable housing but down the street from me they are building a skyrise where the cheapest unit will be 1.5 million

The tax rates and house prices in the US are significantly lower. I have a deep appreciation for both Canada and the USA. We share a close relationship as neighboring nations.

The best province in Canada :is Ontario : lots of thinks to do and see and you can always find a job if you are not lazy. ..\nSecond is BC (accept the housing and hotel prices) and the third Alberta if you have a job and that means that oil industry is going ... - if not just go to Ontario.

Uhhh can anyone say ‘invasion’? Where the living heck is the military?? Annnd give it a few months and we’ll start seeing half of them up here in Canada accessing all of our social programs ( ie: say good bye to healthcare for the rest of us who have paid into it our whole lives and may need it someday ) and probably being housed for free. No problem just bankrupt all the current citizens so we can hand our country over to them. ?‍♀️No problem. I’m so glad I was responsible with my money my whole life just to have it all taken away by illegal migrants.

To those who called Trump a racist for building a wall, he is not racist its for situations like this. Now America and Canada can't even afford to house and take care of their own citizens, so all these illegals coming in and flooding the housing markets, the social services benefits and criminals from illegal immigrants flooding our streets with cartel drugs, prostitution, extortion, over populated criminal justice system, and they aren't even legal or gone threw point of entry at the border. How is that racist? Its not racist its just trying to prevent all systems from being flooded with illegal immigrants. It doesn't matter what country they come from or the color of their skin. Its about protecting the American and Canadian way of life.

I wish Canada did more R&D. We have the talent and brains to be innovative, yet so many of us go work in the oil & natural gas sector because it pays handsomely.\nAlso to live in the most scenic provinces like BC and Ontario is crazy expensive. We moved from AB to BC in 2009 which my parents bought their house for $550,000 that's situated 40km East of Vancouver, and today their house is valued at 1.4 million... almost 3 times the original purchase price in just over a decade. Now an adult, my wife and I were forced to move back to Alberta and leave our families because we simply cannot afford to rent there nor ever have an honest shot at saving enough money to buy our own place. It is what it is and I'm sure it's a common theme that's not only exclusive to Canada, but man, it does sucks. I'm happy for any immigrants to move here and call Canada their home too, but many are loaded with money and purchase numerous properties just to then rent it out at an absurd rate because they can. It's fueling the problem worst and making it unfair for the born & raised Canadians.

If its about money try Qatar for petroleum engineering if its for the quality of life i think Canada might be a good option,qatar has tax free salary and you get free housing but then on the down side they pay salaries according to your passport so if your passport is still African you might not get the same benefits as the rest(u knw i mean)so go try u never knw if you dont like it at least you tried

America’s population climate condition established industry all are different then canada it should compare with Nordic nations or small European nation not with USA it’s all different it competes with giant economies CHINA JAPAN EUROPZONE INDIA RUSSIA ETC CANADA and AUSTRALIA always been developed for natural resources of the first world due to the size of land mass it’s hard to maintain such a large territory with less populations overall housing affordability with income growth healthcare sector improvement and 21st century digital economy revolution needed

Dear Canadians, when you come to terms you’ll never prosper, own a house or have a family, remember you sacrificed all that to insure Canada’s diversity. You might not feel it, but it’s your strength.

The way the video is made, it looked like it was trying to highlight issues with Canada, but honestly Im not really seeing anything problematic. They have managed to keep income levels high, while keeping inequality low. They are the 14th most competitive economy, and do fairly well to maintain business activity without having giant monopoly businesses eat up the small man. Sounds great to me. The only issue just seems to be the housing crises

You completely forgot how Canadian government has funding for flee from abused relationship subsidy... not even that there are special shelters for women fleeing relationship with children... infact there is second stage housing thay support womens for 5 years to support them become aelf depended... there are so many grants for studies for such women... some program i know is called DECSA. Besides US there is common shelter for domestic violence and homeless... we move from California to Edmonton... Canada has so many good things but my heart miss California a lot ?

Canada is becoming less attractive to immigrants like me. it has fewer work opportunities and less salaries, but the living cost especially the house prices, whether you purchase or rent, are quite unaffordable. BTY, the IRCC is so stupid and unreasonable indeed.

Canada has a housing crisis which is why we need 100k more immigrants every year. Thanks Trudeau, very cool.

I’m 20 and I’ve basically given up on home ownership if the status quo stays the same. House prices are unaffordable. Hot shots from up in Toronto have bought up huge amounts of the available housing leaving supply low and there is low availability of rentals due to a high influx of new residents. The “starter house” market has been completely eroded; there is no $100k houses anymore or even $200k, new developments are like 5, 6 or 700k or more and the old houses that used to be cheap are now 3-500k. \n\nI don’t want to leave town for now because I help care for my elderly grandfather, but in a few years I’m going to jump ship and leave either the province or Canada. You have to go where you can afford to live.

As a child of European immigrants, I'm entitled to EU citizenship by descent. But it's a bureaucratic nightmare and involves spending thousands on lawyers. I never had a compelling reason to bother with that, but with the complete insanity of housing costs in Canada in the last decade I'm seriously considering it. This country is developing serious issues and no political party has the stones to do anything about it.

The politics of Canada are no longer 'tolerant and liberal'. We are losing our freedoms daily (refer Bill C-11). We are becoming stifled by censorship. We have a spiralling housing crisis. Known murderers are being freed after a few days on bail, leading to a far less safe social environment than we traditionally had. Our skyrocketing inflation and insanely high taxes are crushing our quality of life. The entire situation is deteriorating week to week since there is an active agenda to destroy our economy and society. I should also mention that our health care system is in a state of collapse.

As a Canadian I can explain our problem: Our elected PM. He's absolutely gutted our energy sector and has made it clear the only economy that can function in Canada is Quebec & Ontario's economy, which accounts for government employees and white collar workers.\n\nThat's lead to Canadians moving to the US for work, home ownership, lower taxes, etc etc.\n\nCanadians that do stick around: Aren't interested in running a business, they tend to wind up working for the government for that stable income, and the only reliable way to get a good pension w/o managing your own finances.\n\nOur PM blames Canadians who own a house and a rental property rather than the thousands of foreigners who've been let in who buy 5+ properties to collect rental revenue.\n\nBusinesses won't invest in Canada anymore until there's certainty in our economy - And Trudeau ain't offering any guarantees besides wish washy threats to cut sectors.

Immigration levels are causing the housing market boom. Colleges are paying the government of the day to keep immigration laws lenient as this would encourage more international students. The result- the quality of people coming in this country has dramatically declined. The healthcare has been hit badly as the wait times can be months. Everyone wants to come to Ontario causing unemployment as immigrants work for less pay and ordinary Canadian can’t afford to work for that less. People keep on buying houses and renting it out and millennial can’t buy houses anymore. I don’t know how will canada feed all of us when AI takes our jobs. \nThe past 5-8 years of Trudeau has ruined my Canada.

Friend, I hope you haven’t left. I think you’re making a terrible mistake. I’ve lived in Calgary for 29 years. Our stats people are tricky. You will not find a house in Calgary for under $600k. Unless you plan to live in a very impoverished, run-down, and dangerous area. In a “good” suburb, not great, you’re looking at $686K - $749K. Most are now selling between $812K - $1M. I’m sorry my friend, those stats are a mirage. They blend in cheap apartments in Edmonton into those stats. For petroleum engineering, congrats for finishing those studies, but it’s been a long-standing political battle in Canada; Albert vs. Ontario on this issue. The current liberal government is openly trying to destroy the industry you’re in and you will struggle immensely to find work.

I think this video is good overall, but downplays the potential severity of our housing crisis. It's not just a problem for renters. Rapid expansion in finance and real estate are only a good thing if they are backed up by real growth, otherwise it's just a bubble that puts the entire national economy at risk. In Canada, it's got many characteristics of a bubble that will crash during an interest rate rise or economic crisis.\n\nAlso income inequality is not the whole story. Wealth inequality has been rising rapidly in Canada and is made worse by rapidly rising rents and inflation. Owning a home outright or with a smaller mortgage means spending less of your income on housing in Canada's current system, so even at the same income level homeowners are dramatically better off than renters and renters have noticed. It's one thing to point at some graphs of the Gini index and say inequality isn't that bad, but that's not good enough when regular people see homeowners buying fancy cars and taking lavish vacations while renters scrape by.\n\nFurthermore, you pretty much ignored the demographic concerns in Canada. We have an aging population, which means we either need high immigration that worsens the housing crisis or higher taxes to pay for growing healthcare and pension costs. Neither option is good and both paths lead to increases political and economic instability. Demographics is one of the main reasons the OECD has a poor outlook on growth in the long term.

I think people with You Tube videos promoting Canada as a place to live are paid to do those videos. \nYour assessment regarding Canada is bang on. \nI feel sad for people who come here with the belief that their lives will be better, Only to find out that they are far worse off. \nI've noticed the cost of groceries and housing have tripled in the last few years.\nVery difficult to get a Dr in Canada. 50.000 people in my small province are without a Dr. \nPeople are being neglected by Canada's healthcare system to the point of dying right in the hospital waiting rooms or while waiting for an ambulance. Yet, A huge chunk of taxes go toward healthcare. \nHomeless encampments are on the rise as landlords are gouging people for exorbitant rent. Streets are lined with homeless people and with the high cost of living it could be anyone of us carting our humble belongings around in a shopping cart.\nIf you have children I'd avoid sending them to Canadian schools and opt for homeschooling. Your children will be read to by drag queens while sitting on some strangers lap. \nThis week in class my neighbors son class will be showing boys how to paint their nails. They've already been taught about every kind of sexual position and how to use condoms and butt plugs. Yes, Even elementary students!\nThe school libraries are filled with books that promote pedophilia. \nThey want your children dumbed down and sexualized at an early age.\nWars are instigated because the greedy globalists want the land and resources and the politicians regardless of their colors are all in the pockets of a few elitists who rule over the many.\nThe globalists know that war creates all of the things they support. \nDepopulation, Refugees, Who they want for cheap Labor, Land the refugees left behind for the resources to fill their troughs with. \n\nMy apologies for the long diatribe and Thank You Sir for being an honest and informative voice regarding the truth about Canada. \n\nI was born and raised here and my dream is to leave. \nEven Russia or China is starting to look good compared to Canada.

Biggest Import of Canada is Immigrants and what they need first is housing. And boom easy business for people with money buying houses.

I left China to avoid a brewing housing crisis and ironically I now live in Canada ?. I have seen first hand how a blind government can be overly dependent on real estate because it does generate a huge revenue in the short term. But most short sighted politicians failed to understand that the housing market is similar to the stock market, the value of houses can rise but it's just a bubble. When the bubble is so large that the hard working people who produce everything the society needs cannot even afford a roof over their head, then the shit is really about to hit the fan.

I live in Canada. It feels dystopic to live here. Low wages, high rents, astronomically high real estate, and instead of building new cities and/or closing the borders, the government insists upon increasing the population while keeping the supply of housing fixed. It's a joke. We need strong-willed leadership in Canada to build new cities with wide roads and cheap housing.

If this video wasn't about Canada you could very well believe that this video was about Australia. We are pretty much the same. There are too many selfish idiots in this country who want to get rich quick through property investing. As a result of this everyone is mortgaged up to their eyeballs in debt. People think that owning investment properties means you're some sort of god. If we didn't have any resources our entire economy would be focussed on building homes. The thing is, the houses that builders build in this country are terrible. They don't insulate well, the materials used are crap, the workmanship is poor. People on average now take out mortgages 6-7x their income. To keep property booming we open the floodgates for immigrants. The societal landscape of our country is changing for the worse. Looking around Melbourne and Sydney, most people are either Chinese or Indian now. These people run away from their countries (which they think are crap compared to the West) and then they buy houses here resulting in people born in Australia losing out.\n\nThe entire thing is a god damn ponzi scheme.

Canada still uses 70s and 80s mentality when operating the country.\nImmigration is important, but is managed extremely poorly. Many new migrants struggle to find a home and to get the proper documents to establish themselves, like the rest of us.\nCanada allowed foreign buyers to buy properties and lands, which have driven the housing market to an insane level we see today. Canadians have to go into debt just to have a roof.\nThe current government spend too much time/money trying to look morally correct than actually doing his freaking job to balance the economy. I don't understand why Toronto and Montreal still vote for that drama teacher who is as horrendous as his father was in the 1980s. Now all we have as an alternative is a neanderthal from the conservative party.

In 2009 I questioned if I could ever own a home but I was still working hard at my career and had some hope if I met the right women to marry. Then along came Justin Trudeau. Within 2 years of his goverment that dream faded fast. Everything I saved and my individual salary still wasn't enough. Property taxes and carbon taxes make it absolutely impossible here in southern Ontario even far a small home not without trying. I always get out bid on the 316 homes I tried to purchase. I can't pay 30%-70% above market value on a single income. Turning in my pensions isn't even an option. I'm not gambling away my retirement with current crrupt Liberal goverment that continues to raise taxes. To give some an idea just how single parents are crushed on taxes. I pay 53% of my income on taxes and get almost nothing back when filing my taxes cause I work hard and excel in my career. I get punished for being a hard work and risking my life to do so. Living in Canada has gotten gradually worse and worse the last 8 years. The socialist way of life isn't good. Now the writing is on the wall that it's becoming a communist country. I'm now searching for employment opportunities south of the border to give my child the best chance to making her dreams a reality. Canada isn't giving me any other options. If everything works out in the US I will surrender my Canadian citizenship at the earliest availability. It breaks my heart but I just can't allow them to enslave me and my child as she becomes an adult. Slavery is the only way I can describe the last 8 years. Also to top it all off 6 if the last 8 year's basic goverment services have been extremely unstable making doing business with Canada very frustrating. Getting a passport during this time has been delay after delay. Finding a family doctor that is stable almost impossible. \n\nCanada's economy status looks good from a far but its really far from good. Our goverment is literally paying 10s of billions in tax dollars to draw auto makers here and to even keep them here. Just further proof the economic future is very unstable. Probably even more so then the housing market. \n\nOur PM isn't even hiding his goverments level of corruption anymore. He actually brags about it at home and on the world stage. \n\n\nI worry about my future more then planing for it. Hopelessness has definitely set in. Now I'm in damage control by no fault of my own to make sure no possible debt are passed on to my daughter in the next 25 years when I'm gone. Even that is looking to be unachievable in my particular situation. It's my worst nightmare to leave my kid with any owing debts.

Sir i am police man in pakistan .and work oposott bad people in my job and groups of dacaits .and nacotics dealers and proof of this on the record.threat of these people i end my job and work in real estate my company builders and devolpers rajisters in secp and fbr pvt.i m manjing dricter of company and with in one year my statement of bank pakistani 15 milon .and 2 projects on run of housing sosity in my city bhai jan i m for safty of my faimly my wife and my two doughters and one boy to imigrate for canada who i m ?

As a Canadian that works closely with the government, the other issues that the tax rate in Canada is very high. Even you get a good paying job or a profitable business, a significant portion of your paycheck/profits goes to the government. There is also a lot of bureaucratic and legislative hurdles to overcome and too little incentives when trying to start or develop a business. For example, to build a high density residential building, it takes around 1 - 2 years of planning and studies, then another year to get all the permits and government paperwork, then 2 years of construction. It takes around 5 years to build a new residential building. Canada's housing affordability problem is not just simply cause by people willing to buy property, it is also cause by a significant shortage of housing supply due to all these regulations and hurdles. If you can't find affordable housing and your income is also heavily tax, a lot Canadians will go south to the US where things are a lot more affordable.

As an immigrant to Canada who's built a successful business here, I do feel the urge to defend Canada when I see these sorts of videos.\n\nThings are hard right now - inflation is really crippling and I don't know how the housing prices are still holding up despite rising interest rates. I also agree the red tape is absolutely bonkers.\n\nThe country needs to develop more of a pro-business mentality. Everywhere I look, people are complaining about not having a good job but no one wants to put up their hand to start a business to create those jobs.\n\nBut, man, is it beautiful living in the Rocky Mountains. It's a peaceful, open-minded nation and the day I finally get my citizenship will be a very proud day for me.

Canada used to be a great country. I have a very hard time saying that it is today. The government focuses on the wrong issues and taxes it's people to death. There was a time when $100k used to get you somewhere. Nowadays, it gets you a modest house mortgage, and one vehicle with just enough left over to put some food on the table.

The golden age in Canada is gone. I graduated from a good university with a well paying profession and I’m jumping ship to move to China in September. It just doesnt make any sense to live in Canada anymore. I cant buy a home unless its in a province that is FREEZING. Thats not the life I want to live and there will be many more like me leaving Canada due to unaffordable housing. Canada has a very grim outlook and I wont be a part of it.

The housing ponzi in China has moved to Canada. Soon homes will be 86 times income in Canada just like in China.

Canada made an economy based off lying to immigrants about life here to sell them houses. \n\nIt appeals very well to some demographics cause they view the passport as a status symbol. It’s also why there are so many universities but I don’t understand why people feel ?? has a strength in education.

This is very surface-level analysis. If you want to dive into why Canada's economy is so uncompetitive you have to look at its constitutional framework. Inter-provincial trade is more difficult in Canada compared to Trade in the states or the EU because NAFTA, and the EU trade agreement are more efficient compared to inter-provincial trade frameworks the senate estimates these barriers cost the economy $150b in GDP per year. By comparison, Australia with a similar constitutional structure to Canada managed to harmonize many of its inter-state/ territory regulations leading to increased GDP growth and has long outperformed the Canadian economy. Furthermore, Canada's indigenous rights framework is far to restrictive in terms of allowing the governments to actually govern. This has cost us billions in FDI in projects tossed out by the courts and projects that will simply never be considered due to political and regulatory risks. \n\nThat said, if Canada wanted to improve this situation without meddling in the constitution one thing they can do is to allow housing to catch up to the population. We have the fewest number of dwelling per capita in the G7 in the highest population growth in the G7. This is a recipe for a housing shortage which ensures that a lot of capital will flow into the housing sector simply because it offers promising returns relative to the risk of operating a business. I believe Canada grew by over 1,000,000 residents in 2022 however we had 240,000 housing starts (4 residents per dwelling) and average house size here is 2.51 residents per dwelling. \n\nThat disconnect between housing starts (see regulatory framework above as to why we can't build enough houses) will just cause more capital to flow to the sectors making the business investment environment worse.

GDP from real estate is never a safe way to earn in the long run when u have decreasing manufacturing and small businesses. If people aren't making enough money from their job, how are they going to spend on houses? One doesn't need to be an economist to realize such a simple truth. Canada's housing market is a timing bomb with surplus supply and limited demand. New condos built in the last 5 years would have 1/3 rented out if they are lucky and there's no stopping of new constructions in the near future. This is just another one of Evergreen crisis in China.

Imagine having an economy based so heavily on housing...it cannot possibly be sustainable. The fact that nobody wants to live outside of Toronto, MTL, Vancouver or other big cities doesn't help. The only reason people buy houses in places like Barrie or Hamilton is because they can no longer afford anything in Toronto or the immediate suburbs. \n\nThe future of Canada is 5 giant mega-metropolises, with undeveloped wilderness everywhere else.

The US-Canada wage gap hits hard. Americans are becoming meaningfully wealthier than us on a per capita basis, all while their housing prices are significantly lower. We're not that far away from the average American making 50% more than the average Canadian. We're getting poorer and it's like no one is talking about it.

My sister and brother in law told me when moving to N.S. that they came across numerous homeless families. Apparently COVID caused a migration to the east and those families living in rentals were quickly kicked out by the landlord to sell at a high price, sometimes the buyer is not even Canadian but some foreign property investor. There is not enough housing there and no infrastructure to start building said housing. A small part of a larger problem in Canada.