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Canadian here. Economy still not failing. Find some other bullshit to ragebait with.
Canadian here too. Shits worse now than 30 years ago for sure. Even 10. We're on the same path as the Americans, just 10ish years behind. Poilievre would have sped run us into mini america but we need to change course. Their present is our future. Life is bleaker in Canada now than I've ever seen it, and it's not on Carney or Trudeau. A good economy does not a happy population make.
Canada a really beautiful country with a lot of really nice things going for it, but those nice things will disappear if people don't put up a resistance. Just look at what the con leaders are doing to healthcare, or Dougie's blatant antidemocratic bills around Ontario Place, or even the recent police-led Nazi rally in Toronto. There is still time to turn course but it's going to be too late soon...
Signed with love from Ontario
Agreed. We "stepped up to the plate" last election. The next one is either gonna be a home run or a strike out. Unfortunately, I suspect strike out. Division politics and propaganda works.
Watch Carney's speech to the WEF the other day. I'm fully convinced things will get better in Canada as we diversify and divest ourselves away from being joined at the hip to the USA.
From my shallow understanding and my observations, I sadly agree that Canada is also succumbing to the oligarchs, like everywhere. It’s painful when so many deny the reality of what is happening globally. We are all on a stove top in different pots being heated at different rates.
Jump out of the pot is always an option.
Yes please, but you must realize, that it is not a few that need to jump to prevent meal
That's how we on Australia feel too, America light, our pollies see what the seppos do and emulate it a few years later
Go ask a someone under 30 if they can afford a house and get back to me. The RCMP has speculated the next generation may riot when they realize they are poorer than their parents.
Trump is pissed because Canada's record high housing market is too expensive for gen z?
That is the argument you're making FYI and it's ludicrous on almost every conceivable level.
The first half of my comment was a joke
oof. on par with your username tho.
Like get better jokes bro
That's not just in Canada, a lot of western nations have housing cost issues. That's just rampant and unchecked capitalism. And not an indicator of a failing economy.
Yes absolutely true, same goes for several Asian countries too.
We also have grocery and telecom monopolies, stagnating wages and poor worker investment and production compared to similar nations. Canada is also experiencing a brain drain as skilled people leave for better cost of living & less taxation.
That has nothing to do with Canada or any one particular country, jack ass. That's just late stage capitalism. Billionaire class slowly but surely, generation after generation, increasing the gap and fucking over the little guys. Every generation gets worse, and now, globally, we're living in the age when all of that shit since Reagenomics hit the scene has now started to come home to roost.
Saying that that is a "Canadian" problem is like saying that climate change is a "Canadian" problem. Yes...technically it is, but it's also a US problem, a UK problem. A French, German and Italian problem. Because the over-arching problem has nothing to do with countries, but with the elites that pay for those governments the world over to do their bidding while fucking the rest of us over.
Stop being an idiot.
Canada has it significantly worse than many other nations, and the bigger problem is that housing bubble is the backbone of its economy. Other nations have expensive houses but their economies aren't as reliant on keeping those houses expensive as Canada's is.
It’s simply a matter of too much avocado toast.
The ability to buy a house isn't the only indicator of an economy. Neither is GDP, or CPI, or any of the other numerous stats if used in isolation. Millennials (and their cusps - xennials and zennials) already accepted that we're poorer than our parents, financially at least, and we didn't riot. We voted differently and continuously push for other things.
Okay but pretty much all the numbers are bad. If it was just housing or just price gouging on grocceries we would be fine but the reality is many factors of the economy are working against young & blue collar Canadians.
Citation?
https://nationalpost.com/opinion/secret-rcmp-report-warns-canadians-may-revolt-once-they-realize-how-broke-they-are
That's a national post opinion piece. It's not worth the cost of electricity it took to display it
hahahahaha! Oh, my days...
Alright, calm down everyone! As expected, Canada's economy is absolutely fine. Nothing unusual here. This one's just not realised the things they're experiencing are totally normal everywhere in the world. Canada's actually got it quite good compared to most everywhere else.