5 ms·

Doesn't post-pandemic Canada have the highest rate of legal immigration in years since government gives out immigration visas like candy? I can't see how this i

Doesn't post-pandemic Canada have the highest rate of legal immigration in years since government gives out immigration visas like candy? I can't see how this is good in a country that already has a stagnating economy and a housing crisis. You're eroding the bargaining power of local labor and increasing competition for housing in an already tight market.

deleted 1y ago
[deleted]
cmrdporcupine 1y ago
They were slow to let off the gas pedal after the labour shortages during COVID. There's been a massive swing in the other direction now.
- FirmwareBurner 1y ago
  What kind of labor shortages are we talking about? Isn't "muh labor shortage" just corporate propaganda for importing more cheap labor to drive down wages and increase rents? Also, isn't it completely reckless to import a lot more people in a short timespan, without the necessary housing and infrastructure (doctors, nurses, teachers, etc) to support them in the first place?
  - cmrdporcupine 1y ago
    Small businesses were having a hard time staffing stores and the like. For a short period 2021 to maybe early 2023. It's definitely not the case now. Unemployment is way up. Which I suspect is a combination of factors (slowing economy & tariffs) not just immigration. But yes, Canadian governments work for employers, not workers. Just like any other advanced capitalist country. There is an expectation that there's a "natural" unemployment rate in this country around 6%, and they freak out if it goes much lower than that. In general, when regular people are complaining about inflation they're complaining about their groceries. When you hear businesses and governments concerned about inflation .. they mean they're stressed out because minimum wage employees are demanding some basic respect that employers feel they shouldn't have to provide...
    - deleted 1y ago
      [deleted]
- pseudo0 1y ago
  There were no labor shortages during COVID... Low-wage employers just panicked because they were suddenly competing with generous temporary government benefits. No wonder Canada's productivity is stagnant and on track for the lowest growth in the G7. Why invest in technology or productivity when you can just cry to the government for cheap, indentured labor?
- swat535 1y ago
  There has been a massive swing? They announced a small reduction and called it a day.
  - cmrdporcupine 1y ago
    The tightening of international student visas has actually been quite significant. Its effects on colleges and universities has been very drastic. And it has effects in the labour market as well.
  - cmrdporcupine 1y ago
    https://archive.is/awVp8#selection-2637.0-2640.0 https://archive.is/awVp8#selection-2637.0-2640.0 Quarter with the slowest population growth since at least 2018, excepting one quarter in 2020.
Muslims4Porky 1y ago
[dead]
InsideOutSanta 1y ago
>I can't see how this is good in a country that already has a stagnating economy and a housing crisis Increasing immigration is a good way to revitalize a stagnant economy. This is the great chasm between people's intuition of how national economies work and economists' understanding of how they work.
- jjk7 1y ago
  Well, it doesn't seem to be working.
  - FirmwareBurner 1y ago
    It's working at making Canadian landlords rich. That's economic growth too.
- FirmwareBurner 1y ago
  >Increasing immigration is a good way to revitalize a stagnant economy. Then why is Canada's economy stagnating with all that emigration? When is that supposed economic boom coming? The second issue is, if that economic boom is gonna trickle down to the Canadian working class or only to the top 1% of Canadian business and asset owning class while everyone else is left holding the bag? Because we've been duped for decades with this uncontrolled immigration trickle down economic fallacy.
  - amanaplanacanal 1y ago
    Your ancestors were likely "uncontrolled" immigrants and so were mine. That's the way the Western hemisphere was settled. If it's so bad, how did the US and Canada get so rich?
    - FirmwareBurner 1y ago
      [flagged]
      - 1y ago

deleted 1y ago

[deleted]

cmrdporcupine 1y ago

They were slow to let off the gas pedal after the labour shortages during COVID. There's been a massive swing in the other direction now.

FirmwareBurner 1y ago
What kind of labor shortages are we talking about? Isn't "muh labor shortage" just corporate propaganda for importing more cheap labor to drive down wages and increase rents? Also, isn't it completely reckless to import a lot more people in a short timespan, without the necessary housing and infrastructure (doctors, nurses, teachers, etc) to support them in the first place?
- cmrdporcupine 1y ago
  Small businesses were having a hard time staffing stores and the like. For a short period 2021 to maybe early 2023. It's definitely not the case now. Unemployment is way up. Which I suspect is a combination of factors (slowing economy & tariffs) not just immigration. But yes, Canadian governments work for employers, not workers. Just like any other advanced capitalist country. There is an expectation that there's a "natural" unemployment rate in this country around 6%, and they freak out if it goes much lower than that. In general, when regular people are complaining about inflation they're complaining about their groceries. When you hear businesses and governments concerned about inflation .. they mean they're stressed out because minimum wage employees are demanding some basic respect that employers feel they shouldn't have to provide...
  - deleted 1y ago
    [deleted]
pseudo0 1y ago
There were no labor shortages during COVID... Low-wage employers just panicked because they were suddenly competing with generous temporary government benefits. No wonder Canada's productivity is stagnant and on track for the lowest growth in the G7. Why invest in technology or productivity when you can just cry to the government for cheap, indentured labor?
swat535 1y ago
There has been a massive swing? They announced a small reduction and called it a day.
- cmrdporcupine 1y ago
  The tightening of international student visas has actually been quite significant. Its effects on colleges and universities has been very drastic. And it has effects in the labour market as well.
- cmrdporcupine 1y ago
  https://archive.is/awVp8#selection-2637.0-2640.0 https://archive.is/awVp8#selection-2637.0-2640.0 Quarter with the slowest population growth since at least 2018, excepting one quarter in 2020.

Muslims4Porky 1y ago

[dead]

InsideOutSanta 1y ago

>I can't see how this is good in a country that already has a stagnating economy and a housing crisis Increasing immigration is a good way to revitalize a stagnant economy. This is the great chasm between people's intuition of how national economies work and economists' understanding of how they work.

jjk7 1y ago
Well, it doesn't seem to be working.
- FirmwareBurner 1y ago
  It's working at making Canadian landlords rich. That's economic growth too.
FirmwareBurner 1y ago
>Increasing immigration is a good way to revitalize a stagnant economy. Then why is Canada's economy stagnating with all that emigration? When is that supposed economic boom coming? The second issue is, if that economic boom is gonna trickle down to the Canadian working class or only to the top 1% of Canadian business and asset owning class while everyone else is left holding the bag? Because we've been duped for decades with this uncontrolled immigration trickle down economic fallacy.
- amanaplanacanal 1y ago
  Your ancestors were likely "uncontrolled" immigrants and so were mine. That's the way the Western hemisphere was settled. If it's so bad, how did the US and Canada get so rich?
  - FirmwareBurner 1y ago
    [flagged]
    - 1y ago