Despite what Canada’s nation hating extreme right would have you believe.
I don’t think you have to be extreme right wing to have legitimate concerns for the future of Canada. The country is literally on fire. Houses are over $1 million and health care is barely functioning.
I’d hate to see the other guys I guess.
Groceries are fucked, gasoline is fucked, interest rates are fucked, can’t buy a house, can’t buy a car (or probably shouldn’t right now), dollar is fucked, schools probably going on strike again, a Canadian team hasn’t won the Stanley cup in 30 years ……
Don’t forget the corrupt politicians who will never face any real consequences.
And what’s really fun is that despite the housing crisis, many home builders outside the big-3 city areas are running slow right now because regular people can’t qualify for housing. I’ve only been working 5-12 days a month for the last year, between a shortage of framers (many moved to Ontario in 2021 due to work slowing), shortage of materials, and now interest rates killing purchases.
We’re so fucked, and anyone in a position to fix things just refuses to. If you build public housing, prices drop and you get voted out by angry house owners. Don’t build houses, and both homelessness and living standards get so much worse, and you get voted out by angry poor folks.
This just tells me that you don’t know what fucked is.
Interest rates topped 21% , while mortgage rates topped 18% in 1981. Inflation was over 11% at the time. We’d just gone through two massive oil shocks, where the price of gasoline was almost double what we have now when adjusted for inflation, while cars struggled to get under 20L/100km and were rotted through by their third year.
Strikes were rampant, but so was high unemployment, at times topping 10%. A lot of industries just closed up shop, only accelerated as the Canada-US FTA came into effect.
By 1990, a lot of that had settled down due to the high interest rate treatment, but the accumulated debt of the Trudeau and Mulroney years had us facing a debt crisis just as we fell into a deep recession in 1991-92.
The average house price in the 80s was 3x the typical family’s annual income. Yes, 21% was high but had much smaller principals comapred to the 5%+ we have now when homes are at least 7x the typical family income.
Even worse in CCOL (Crazy Cost of Living) areas like Toronto or Vancouver. Vancouver needs a family income of over 225k to qualify for a mortgage on the average house price. This average house is not a dream home, you’re lucky if it’s 1200 SQ feet and in a safe neighborhood. Or within a 75 minute drive to work. Don’t even get me started on trying to buy a car today either.
I think what we need to do is not compare how fucked it was then, I don’t disagree that it was.
However it’s clearly fucked now and nobody’s doing anything to unfuck it.
Ya and my mom bought her house for $45k in 1980
I’m looking at 4 bedrooms right now for about $1.2m
See, that’s the thing. The 10 factors in the ranking include 1) Entrepreneurship, 2) “Open for Business”, 3) “Movers”, 4) Power, and 5) “Agility”, or a place that is ‘efficient in its actions, adopt and accept modern solutions’
So, like, half the factors are “how badly do you screw the environment and average non-capital-class citizen”
And in case you think I might be wrong about what they mean by “Movers”, the top 5 are the UAE, Qatar, Egypt, Saudia Arabia, and India.
Of COURSE our country, which is composed a bunch of oil, gas, and mining corps in a trenchcoat shaking hands with a couple of oligipolistic banks and telecoms will score well.
Look at the source: its a law firm who brings immigrants over to Canada. Of course they’re going to pump our tires. It helps them with business.
Where did you find the source link? When I clicked on the link it brings me to no specific article with no sources, just here:
No, but the extreme right call Canada a dictatorship, a third world country, a shithole, etc. Hell, the leader of the official opposition called our freely and fairly elected right of center milquetoast Prime Minister and his father, “Marxists.” It’s ridiculous. Literally worthy of ridicule.
Most of the people who are complaining have no frame of reference other than being brought up in the safe, warm busom of one of the best countries in the world.
It is scary. Don’t get me wrong, I don’t disagree that Canada is a great place to live. However, we can’t take that for granted.
Absolutely true. There are problems but they are first world problems and we really are very lucky to live here. I just bristle at hearing things like, “Canada is a dictatorship”, no it isn’t, “Canada is a third world country”, no it isn’t, “Justin Trudeau is a Marxist and so was his father”, ridiculous. Some people need a dose of perspective.
Yes. This is correct however making it more on fire which is what the extreme right want to do is not the way. The majority of provinces have had Conservative governments over the last 8 years, until we resolve that issue Canada isn’t going to get better anytime soon. People don’t realize that the provinces have way more involvement in their day to day lives than the federal government. Many of our issues can be fixed by the provinces but they literally choose to make things worse instead, pass the blame to the federal government and morons eat it up
