We still got some whose eyes are closed, even after everything Trudope has done. Okay, inflation rate is at 1.6%, but that is just the indication of the current rate, it does not take into account the cumulative affect for the years before. Since covid, the inflation rate was very high. Unfortunately wages have not kept up, mostly the poor and middle class while the rich saw their pay go even higher. Having said that.
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
www.bbc.com
^^^^ Canada has the highest household debt of the G7 countries.
From Toronto to Vancouver, some residents are losing faith in a government social safety net that is central to the country’s identity.
www.bloomberg.com
^^^^ Crowded hospitals, bigger and bigger lines for food banks, more and more homeless. Btw I know healthcare is provincially managed, but immigration is Federal and bringing in way too many people puts much more pressure on the hospitals.
Lack Of Housing and Decreased AffordabilityCanada's affordable housing supply crisis has been recognized as a severe problem for quite some time now. Still, a recent report by Scotiabank highlights how atrocious the numbers have become.According to the Canadian Big Six bank report, Canada’s...
www.aquamerge.ca
New data from the world’s largest central bank serves a reminder of just how batsh*t crazy Canada’s real estate bubble is. Housing bubble experts from the US Federal Reserve Bank of Dallas (Dallas Fed) released its latest update of global home prices in Q3 2023. Most G7 countries moved in a...
betterdwelling.com
^^^^^ Canada has the worst housing crisis of the G7 countries. Those that already own a home do not care, but the young that want to own a home is puts them down and dis proportionally affects renters. I know a few people who cannot find an apartment even after months. So yea sure the inflation rate is down, but that means jack squat if houses, rents, and food prices do not come down. All levels of government are responsible to a certain extent but the main one is Trudope. Mass immigration caused this. Btw look at the world ranking of cities with the worst housing crisis, you will see they all have one thing in common, they are all overpopulated.