It’ll be over just like that.
Vancouver Sun- Why Canadian Wages Never Seem To Go Up
Ottawa’s economic strategy is based on several “shaky pillars,” which include using “record immigration levels to turbo-charge population growth and housing demand in major cities,” Williams said.
“The political class appears to have lost interest in efforts to raise workers’ productivity and real wage growth through higher business investment per worker.”
Toronto-based analyst Stephen Punwasi says Canada is on its way to becoming the “next Greece,” referring to the way Greeks’ personal incomes tanked more than almost anywhere else after 2009 because of the housing-mortgage-ignited recession.
Read the whole thing.
Canadian GDP per capita in 2012 was 52,669
In 2020 it was 43,242, I’m sure in 2022 it will be even lower.
We are about 20 percent poorer than we were a decade ago. We have already become Greece without most people noticing.
https://www.macrotrends.net/countries/CAN/canada/gdp-per-capita#:~:text=Canada%20GDP%20Per%20Capita%20-%20Historical%20Data%20,%20%206.65%25%20%2057%20more%20rows%20
Can we get to Greece’s level of low tax compliance?
Immigration serves one purpose. To keep Canadians poor by driving down wages.
And to shore up GDP when we have a declining GDP per capita.
It’s probably just four decades to flatten the curve.
Because you all still believe in the system, you are all still in the matrix, unable to conceive of actually pumping water, shooting food and using blankets when its cold.
You are all idiots, sheep ready for shearing.
I laugh as you people who have mortgaged your very lives and families to the banks see the folly of your ways.
In the parallel economy, wages are going up fast, but we don’t have millions in debt, and we are mobile.
Yes. And when the system finally goads Vladimir Putin into ridding the world of the Empire of Lies, you will have skills that will be valued, come what may.
Most urban Ottawa types who manage to survive the self-destruction of the system will be completely surplus to the requirements of what replaces it. Expect most of those to starve to death, and for precious few to be mourned for long.
Try to imagine your typical non-binary Ottawa desk jockey doing serious farm work without laughing yourself sick.
In Greece, the under ground economy is very strong, and well organized. Saw that when I was there in 2015!
its getting stronger here in Eastern Ontario, too.
I played by the rules all my life, and I wound up with nothing, they took my property, and left me with nothing at the age of 50.
Now I laugh at folk who say “You just didn’t play the system well enough” as the system takes everything they own.
My wages have gone up 20% in one year, and as demand for some clown who has tools and knows how to use them goes up, so will my wages. And I’m a cripple with a bum leg!
BECOME UNGOVERNABLE.
The problem is Canadians.
Canadas business sector is unambitious and unwilling to compete. National inferiority complex in perpetuity.
Our ruling class is insane and enthusiastically cheered on by 2/3rds of voters.
Mass immigration is a desperate Hail Mary to keep the social welfare machine fed and Liberal voters replenished. As time goes on fewer of the talented ones will stay and simply use Canada as a springboard into the U.S)
Alberta won’t separate no matter how much the rape increases.
Canada in 2040 will be Argentina if we’re lucky.
People vote for stuff that sounds good. They wont get serious until things get bad. I think that’s true for a lot of places.
yep, right on all counts
Your post needs to be repeated wherever one goes.
Canada is the author of its own destruction.
Look no further than its policies and the weaklings who support them.
How about the Trudeau war against western Canada? Thanks to PET’s NEP, my early career was ruined. (I know I’m not the only one here on SDA who was hurt by that vile program.)
I spent most of the 1980s in a situation of one year on and one year off. Those jobs I actually had paid poorly. I knew that but I took them anyway because I was desperate and badly needed a paycheque. At the same time, those employers knew I was desperate for an income and they knew they could get away with with being skimpy with their pay.
Thanks a lot for nothing, Pierre…..
The west loves to get buggered by Ottawa.
Prove me wrong.
BC governments both Liberal and NDP have for a long time taken credit for economic growth based mainly on rising prices of lower mainland housing due to global wealth transfer and criminal money laundering. Everybody pretended things were going great because we were doing so well by making housing unaffordable for anyone actually born here. The decline of the productive side of the economy was quite evident to anyone who traveled the interior of the province.
The Globalists that are ruling over the Mayors office ( Kennedy Stewart, Globalist/NDPer )and the Premeirs office in BC ( Whoregun, Globalist/NDP shitstain ) are busy destroying Vancouver as we speak.
The so called Broadway Corridor is a Globalist wet dream, agenda 2030 rammed down the throats of British Columbians.
For the record Canadians consistently say they want an end to mass Globalist/UN style “immigration”. The last Rasmussen poll had 80% of Canadians saying they wanted a complete moratorium on “immigration”.
Unfortunately, the political parties that rule over the Post Nation State are fascist Globalists that don’t give a damn what Canadians want.