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2025-03-05 0
Why would you invest a 200 million dollar joint investment? And at the same time say there's no problem with fentanyl
2025-02-02 0
A lot of us Americans remember learning about the tariff wars in history class that ended up in deciding fair trade was the better route. I fear we’re about to learn the same lesson again…\n\nAs far as the drug trade goes apparently the GOV doesn’t spend enough time on the internet because the cartels are no longer just in Mexico they’re in the USA and in Canada. They have learned the Canadian border is a lot easier to cross and they can get into BC pretty easily due to relaxed immigration policies In Canada.. they probably don’t actually know where the drugs are coming from or where they’re being manufactured entirely. The cartels are probably a step ahead of them at the moment. \n\nI can’t believe the auto industry lobbyists were not instructed to go full send on the detriment of the opposite position taken from the NAFTA. The only thing I can see is auto sales are slumping and maybe they can blame this on the tariff policy for massive restructuring. \n\nI kind of understand wanting to negotiate with Mexico because they probably buy less American goods than Americans buy Mexican goods (drugs excluding) but I’m guessing Canada is a better customer of American goods than Americans are of Canadian goods. Why would you want to upset a good partner, customer, and ally!? It’s Beyond my comprehension…. If Trump was really smart he’d convince some factories to actually invest in Mexico with cooperation from the Mexican government investing in efficient transportation from the manufacturing sectors to the American border and the coasts for distribution. This would likely really help their economy and change the whole dynamic of all the things Trump has issues with. Fix it at the source not try to treat the symptoms.
2024-12-16 0
I’ve held my tongue on this long enough, but the writing’s on the wall — Canada is cooked.\n\nOur finance minister calls it a “vibecession”, as if we’re imagining the economy sputtering. But here’s the reality: GDP growth at 0.1%, per capita GDP down 0.5%, and youth unemployment at 13.5%.\n\nThere’s the recent bait-and-switch $250 stimulus cheque — an ill-disguised vote buying grift. It was scrapped when the government realized it would add $4.6 billion to an already projected $60 billion deficit. \n\nThrow in a two-month sales tax holiday announced without thinking about the logistics, leaving businesses scrambling. Some aren’t even participating because it’s not worth the headache.\n\nHousing starts are at a 10-year low, the housing accelerator fund has delivered zero new homes, housing prices have left wage growth in the dust, and immigration has blown past what our infrastructure can handle. \n\nMeanwhile, the CBSA isn’t bothering to track expired international student visas. After all, someone has to keep the for-profit diploma mills thriving and the service industry fully staffed.\n\nCanada Post is falling apart under strikes, crippling small businesses, and 47% of job growth in the last five years has come from the public sector while our capital markets and innovation stagnate. \n\nThe $CAD is currently plummeting against the $USD, as the Bank of Canada scrambles to firefight the government’s incompetence with two jumbo 0.5% interest rate cuts.\n\nAnd let’s not ignore the trade war brewing with our historical ally, the U.S.. Trump has made it clear he’ll punish our abysmal border policies, which have allowed fentanyl to flood into America unchecked, with a 25% tariff on Canadian exports.\n\nIf you’re trying to get ahead — building jobs, working for yourself, pooling capital to invest, why bother?— the proposed 66% capital gains inclusion rate over $250,000 punishes you for taking risks and succeeding.\n\nAsk yourself: are you happy with the state of Canada right now? Honestly. Because it doesn’t feel like the same country I grew up in, went to school in, worked in, served in, and built a business in.\n\nI’m done. For once in my life, I don’t want to be Canadian anymore.
2024-12-05 2
I’m an international student, from my perspective it seems like the government can’t keep themselves from messing with the economy, basically crippling it by regulations, making the market unable to take advantage of the increased labor supply.\n\nI have spent almost half a million in Canada, which includes tuition, living cost, and starting a business which now employs two Canadians. But because I spent one term as a part time student, I have became ineligible for PGWP, which means I have no way of staying in Canada through my own agencies.\n\nThat is a slap in the face for immigrants whove come here to settle, the fact that I have positively contributed to the Canadian economy than many Canadians ever have, while withdrawing absolutely zero from public benefits, now if I buy a house here yall will drop on me a 50%+ capital gains tax and then kick me out, why would anyone want to invest in Canada? I’m seriously considering just moving to Florida because of all these. \n\nWhat happened to the good old days when you can come here with nothing, integrate into the community, and then become Canadians? Almost none of the forefathers of Canadians had to contribute this much into the society first to become Canadians, they stayed because their peers wanted them to stay, and the market was free to adjust to the labor supply and housing demand without government interference.\n\nWhat I see is not an immigration problem, it’s a big government problem, Canadians have become addicted to the government making decisions for them. The government has its grip on every aspect of Canadian life, it has hindered the responsiveness of the economy so much, that it cant even pivot to take advantage of free capital (int’l students) and third world labor rates (temp foreign workers).
2024-11-09 4
As a korean immigrant, we respect the law in canada and stay quiet. I know punjabs want to show off what you guys have but pls obey the law here. Idk if you guys think cool driving dodge and mustang and bursting loud weird indian music in the streets is a cool thing. Idk why you guys put weird black balls infront of your car bumper too. Have you seen any other immigrants here putting stickers of their country in your car hood or on the side? It would be funny if i put big ass “Korea” sticker on my car. honestly its just funny and cute to watch trying to show off. If you have time like that go work for your family and try to invest time for yourself.
2024-10-29 0
As a korean immigrant, we respect the law in canada and stay quiet. I know punjabs want to show off what you guys have but pls obey the law here. Idk if you guys think cool driving dodge and mustang and bursting loud weird indian music in the streets is a cool thing. Idk why you guys put weird black balls infront of your car bumper too. Have you seen any other immigrants here putting stickers of their country in your car hood or on the side? It would be funny if i put big ass “Korea” sticker on my car. honestly its just funny and cute to watch trying to show off. If you have time like that go work for your family and try to invest time for yourself.
2024-10-23 0
As a korean immigrant, we respect the law in canada and stay quiet. I know punjabs want to show off what you guys have but pls obey the law here. Idk if you guys think cool driving dodge and mustang and bursting loud weird indian music in the streets is a cool thing. Idk why you guys put weird black balls infront of your car bumper too. Have you seen any other immigrants here putting stickers of their country in your car hood or on the side? It would be funny if i put big ass “Korea” sticker on my car. honestly its just funny and cute to watch trying to show off. If you have time like that go work for your family and try to invest time for yourself.
2024-09-06 0
This is the reason I would never buy real estate as an investment. Rentals used to be a good investment to make a steady income, but now it is a very risky way to make money and save for your retirement. Also this is the risk you take having a rental, I still do not understand why landlords feel they should have an investment like a condo and have next to no risk. Don't like the risk? He should get her out and then sell the condo and invest the money instead in low risk investments and live off of the interest made from it.
2024-08-31 0
The reason why it's increasingly more expensive to live now is mostly due to Covid. Worldwide, aproximately 1.7 TRILLION USD was given to corporations after Covid, and almost none of the money has returned to the governments, because well... they didn't plan for it to happen. The rich have gotten richer and the middle class have gotten poorer. When giving away so much money, there is bound to be inflation. The money was used to invest by the rich, buying mostly properties, which is why property prices are skyrocketing. There are so many apartments, particularly in Canada, where nobody lives, because there are so many rich investors buying properties. This phenomenon is not restricted to Canada, but most other large cities in western countries.\n\nYou might think the grass is greener in other parts of the world, but it literally isn't. I live in Norway, one of the richest countries in the world, and the situation is exactly the same here. Everything is getting more expensive, salaries stay stagnant and our currency is absolutely dogshit at the moment due to a failure of basic economics by our government and the central bank. Our oil fund, the wealthiest fund in the world, is actively making trades against our own national currency to make money, but they are making the currency itself worse, thereby reducing the value of it. The value of the oil fund evens out, but it lowers the purchasing capacity for everyone else. Talk about shooting yourself in the foot. \n\nPeople would chop off a limb to get a passport in Canada. It is, as you said, a relatively safe place to come home to. There aren't too many countries like that in the world, and you are fortunate. I would advice you to reconsider moving abroad. Sure, Canada has many problems, but I can guarantee you, that living elsewhere in the world at this point is not going to ease your grievances unless you live a very frugal life.
2024-08-16 0
It's clear the main reason is financial. If you're in a place where you spend your entire income, can't save, build your life, or invest—why would you stay?
2024-08-09 0
The tenant has not paid rent or utilities for 4 years! The Landlord /Tennent Board is a joke in Ontario. The tenant is playing the system, she knows the Landlord /Tennant Board is an ineffective government organization. Why would anyone invest in a rental property in Toronto? You could wind up like these people.
2024-03-29 4
I came here as an international student, back then you could only get your PR if you studied at an accredited university, not a career college. Back then skilled workers were required, and that is how you were able to get a PR. Canada has changed so much, multicultural has left and more and more there are two cultures dominating. I came here because I use to visit for our annual holidays then decide I liked the culture and wanted to study here. The landscape has shifted , Canadians will soon be the minority and that is not the Canada I want to be paying taxes in. \nThere are always protesters waving foreign flags demanding that the government help their families, love ones in another country, meanwhile Canadians here are loosing their homes , can't afford food, basic life necessities and living in tents. Charity should start at home first.\nResponsible tax payers cannot afford to have kids, why because the taxes we pay are too high, if we're struggling to survive why would we subject a child into this world to experience the same. However, there are millions of dollars in incentives for people who never paid in to come to Canada with their extended family members who are dependent on government support, that we the taxpayers have to finance. The aging population could be address if the affordability could be address for citizens living here and PAYING taxes. If the government wants to bring in aging populations who never worked in Canada, their families should be funding their living here including healthcare, not taxpayers. Invest in your people first , help Canadians become more skilled to fill positions that there are shortages, lower taxes to allow Canadians to have said families and replenish the population , these are the people who would always put Canada first.
2023-11-07 0
If I can afford a home, why would I want to leave? The housing crisis is a big deal for many. You can't find suitable rental in the GTA when you make well over 120k cad a year. It's not just the barriers in professions. It's the lies about prosperity and growth fed to the immigrants. You just need to work hard, and you'll live your dream is a lie. Immigrants end up eating from their savings instead of saving. Fix the housing crisis, invest in public education and health, and no will will want to leave this beautiful country. The more you earn, the more you are taxed and if you are a single earner in your family, you're punished for it. I don't want to go out and work and leave my kids in daycare when my husbad is doing a good job. I don't want my kids being raised by strangers while me and my husband struggle to maintain a decent lifestyle. When 120k isn't enough for a family of 5, it's time to leave.
2023-10-02 0
Hi Lynn, this is a very interesting conversation. I moved to Canada in 2003 went to college and became a nurse. First of all it was not easy paying for college I was lucky that husband was supporting with the bills as I went to school. So I would say that I have skills that are very marketable. Our combined family income was over $100,000 CAN. We mortgaged our first home which was very basic for a LOT of money. We had our kids and we had to struggle with childcare as most young families do. By North American standard, we were doing good. We each had a good car ( loaned), we made trips to Kenya every so often but in 2016 we decided we wanted to move back home and we sold our home and we did. I HAVE NO REGRETS. There were several things that made us reach our decision. First, I truly believe that for the Canadian system to work as it does, it has to entrap its residents. Even after 10 years of work we did not have money in the bank. Everything we owned really belonged to the bank. The light bulb moment for me came when I evaluated my net worth. A primary school teacher in Kenya after 10 years of work with good financial management will own a plot, a simple house and will start to invest for retirement. After 10 years of work, there wasn't much in the account, our house would need 25 years to finish paying mortgage and to be honest there wasn't much to show for those years of work. Quality of life really sucks the amount of stress will definitely send you to the grave sooner. This is the case for most first generation immigrants. You might say you are sacrificing and building a future for your children but, my observation was since our diaspora children have not grown in Kenya to see the need for money and what life really looks like without the comforts they are used to, they do not have the same drive as the parents so they often do not excel they are just ordinary. There is also the struggle of growing up as a minority group. A lot of our children because they are seeking acceptance will struggle with self esteem, will have depression or will join the LGBTQ community where they get sense of belonging regardless of their colour. The morals are also different from their parents and they are shaped by the society they grow up in. When I looked at what my life would look like if we kept living there, lets say we eventually pay off our mortgage, when we are old and requiring care, our children will not be able to support themselves and support us because they have to work to sustain themselves so we would to move to assisted living or nursing homes. The cost of senior care is not covered by the government unless you have no money. so we have to sell out home which would be old and outdated but still very expensive and we would have to pay $5000-$10000 per month depending on the type of care we need. so as you can see if we ended in a nursing home for 5 years we will have depleted all the money we made from the sale of our home. So by the time we die, we would not have money to leave for our children. So we worked really hard, supported the economy, and die leaving not much at all for our children, we sacrificed our quality of life, and ended up with children who don't think much of themselves or have very distorted morals. I still remember in my mind as we drove to the airport on our way back to Kenya, I thought of the story of Lot. He was pretty successful in Sodom but I'm very sure on his death bed he had lots of regrets why he ever went there. I know its tough being in Kenya but if you have a job or any way to make ends meet, be like Abraham. God will bless you regardless of whether you are in the dessert.
2023-10-02 0
Happy Birthday ?Thank you Lynn for what you do, may the Lord bless the work of your hand. I was a very good volleyball player, I used to play for this company in kenya, I will not mention their name. Guess what? Every time we won the games, they promised to employ us. They will tell us to apply and write an essay to why you needed that job. I suffered for 4 years writing essays and applying. Little did I know, the secretary would hide my application in her drawer and bring in her family member. It happened I got a scholarship to play and go to school. I finished school, I work out of the country and never regret again. My point is, some of us left kenya because we were pushed to the edge, it is difficult to get a job and people are very mean in those offices. If you try to invest, you get conned too.
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