[xienze]

> Unless everyone is trying to live in Vancouver and Toronto

They are, pretty much.

> Do you not have enough construction workers to build houses?

I don't think most people understand what's going on with Canada. Relative to their population size, the number of immigrants they're bringing in is absolutely insane. 500K+ a year with no signs of slowing down. And those people all need housing TODAY. Canada needs to commit to an absolutely massive, never-ending nationwide construction project to keep up with demand.

[lushdogg]

As someone who recently moved back to Canada I echo this.

This is an existential issue.

I own two houses, both mortgages paid, make 150k as a family and would need to save for decades to put a down payment on a detached home in a far away suburb of Ottawa.

People who didn't own a house a few years ago bought too much house for fear of being priced out of the market and now their mortgages are coming up for renewal...can't pay it so the banks are doing 50-90 year mortgages!!

[tenpies]

Actually the quarterly numbers came out today.

Year over year, Canada grew by 1.2 million new residents. That's 20% higher than Trudeau's already absurdly high target of 1 million new residents.

This is an engineered crisis in the making.

[8note]

It's a response to trump.

Canada needs a strong consumer market to respond when the US decides it doesn't like free trade

[suoduandao2]

Canada’s economy runs on unrefined natural resources and housing. Without a domestic manufacturing sector all more consumers can do is keep the housing party going a while, that’s hardly a long term strategy. Might goose the numbers in advance of the next election though.