Our economy has been based for too long on debt and real estate. When Canadians became the most indebted households in the G8, the government simply opened the floodgates to immigrants to ensure rents and house prices would stay high.
We are following the same path as the UK now in that the conservative parties are moving rightward and gaining ground on populist notions of “this isn’t the Canada we grew up with” (because of immigration) which plays to certain folks who are upset that their quality of life has eroded due to the increase in housing costs. Now these groups have been whipped into such a fury they’ll vote against their own interests like electing politicians who commit to privatizing healthcare, one of the cornerstones of our identity.
We are following the same path as the UK now in that the conservative parties are moving rightward and gaining ground on populist notions of “this isn’t the Canada we grew up with” (because of immigration) which plays to certain folks who are upset that their quality of life has eroded due to the increase in housing costs. Now these groups have been whipped into such a fury they’ll vote against their own interests like electing politicians who commit to privatizing healthcare, one of the cornerstones of our identity.
Wild times.