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by monkeywork
1455 days ago
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In Canada however that positive net migration (I believe second highest in western world) and high immigrant percentage of population (forth highest I believe) comes at a massive cost when you realize Canada has not been matching population growth to housing and infrastructure. Prior to pandemic we were building fewer than 0.4 new houses per person nationwide (down from 0.7 back in 2010), our healthcare system is very stressed with lowered population provinces (example Maritimes) having massive waits to get family doctors causing ppl to use ER for simple things adding major stress and delays there. Most of the talk about Canada's RE market gets pushed to secondary causes or really reactions and symptoms of the core issues. Foriegn money, private investment, greedy landlords etc are all results of a basic supply and demand problem that the government could fix via zoning reform and immigration reform but seem to deflect away from instead giving ppl boogiemen to hate on instead. Net migration into Canada is great and we benefit greatly by those who choose to come here however if it's not balanced by the government spending to support it Canada is heading for disaster in the next decade. |
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Aside from housing, it's healthcare that really surprises me - I've seen second-hand (I'm not a doctor) the lengths citizens have to go to, and how competitive it is, to get a residency spot at home; even more so apparently if they studied abroad (even if somewhere similar, e.g. US/UK/EU).