4 ms·

Canada having not enough housing is because the established rich use their political power to block housing creation at the local level. It's not something indu

• richbell 4y ago
  It's exacerbated by the rich heavily relying on cheap labour and fresh credit to keep wages low and the GDP growing. Lots of companies rely on the Temporary Foreign Worker program to fill menial minimum-wage jobs, often paying those TFWs below minimum-wage and abusing them. Similarly, the student visa program is a backdoor for lots of companies (particularly delivery & logistics). I also used to work at a government-sponsored employment centre where I met hundreds of skilled new-immigrants who gave up everything to emigrate, only to arrive in Canada and realize they'd been deceived about their prospects (e.g. the barriers to recertification). I am not against immigration — both my spouse and I are children of immigrants — but it's important to differentiate between reasonable immigration policies and excessive ones designed to prop up a failing system by constantly injecting new bodies. Canada's immigration system is the latter; it predominantly benefits the rich and nobody else.
• mensetmanusman 4y ago
  Housing problem is in the entire western world, mostly due to the 2007 financial crisis which caused builders to stop building for a few years which dried up supply.