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- The Decline of Canadian Immigration: Reasons Why No One Wants to Live in Canada
The Decline of Canadian Immigration: Reasons Why No One Wants to Live in Canada
Discover the disillusionment of Canadians post-2015 election as promises of a brighter future fade away. Explore the factors contributing to the decline in Canada's appeal for immigration seekers.
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Video Summary & Chapters
1. Election Night Drama 🗳️
Record turnout as Trudeau becomes PM.
2. Rise and Fall of Canadian Dream 🇨🇦
From hope to despair in housing market.
3. Housing Affordability Crisis 🏠
Skyrocketing prices and unattainable dreams.
4. Rental Woes and Price Hikes 📈
Low vacancy rates leading to rent spikes.
5. Debt Burden and Economic Struggles 💸
Rising household debt amid financial strain.
6. Government Policies Impact 🏛️
Trudeau's role in real estate price surge.
7. Housing Crisis 🏠
Challenges faced in getting housing on campus and rooming houses in Canada.
8. Foreign Investment Impact 💰
Discussion on the impact of foreign investment and money laundering on the housing market in Canada.
9. Rising Everyday Costs 📈
Analysis of the increasing food prices and challenges faced by Canadians in meeting everyday expenses.
10. Government Policies 🏛️
Examination of government policies like carbon tax and their effects on consumer prices and public opinion.
11. High Prices in Canada 📈
Canadians face inflated costs in various sectors.
12. Telecommunications Troubles 📱
Canada's expensive wireless market and lack of competition.
13. Corporate Influence 🏛️
Major corporations wield significant power in Canada.
14. Banking Woes 💸
Canadians endure high banking fees due to limited options.
15. Economic Challenges 📉
Canada struggles to boost economy and create high-paying jobs.
16. Lack of Private Investment 💼
Canadian businesses invest outside the country, affecting productivity.
17. Market Concentration 🔄
Dominant players hinder competition and innovation in Canada.
18. Energy Sector Decline ⚡
Federal policies lead to reduced investment in Canada's energy industry.
19. Tech Sector Stagnation 🖥️
Growth in technology GDP remains stagnant despite efforts.
20. Startup Exodus 🚀
Canada faces a draining of startups and skilled professionals.
21. Challenges Ahead 🌐
Productivity decline impacts Canadians' livelihoods and economic outlook.
Video Transcript
October 19th,
2015 election night in Canada,
dissatisfied with
the direction of the country.
Record numbers of Canadians
came out to vote.
The result.
Justin Trudeau is elected
Prime Minister
of Canada, with a large crowd
cheering his name.
Trudeau
had one simple message.
It's time for a change
in this country, my friends.
A real change.
Canadians across the country
were excited and energized.
They believed in a bright
future for Canada.
The government would build
more homes, make life
more affordable and usher
Canada into a golden age.
The Canadian dream.
But fast forward to today,
and that dream has faded.
Housing prices have increased
at record rates.
Food banks are turning away
hungry Canadians,
and immigrants
are leaving in record numbers.
The Canadian dream
has become a nightmare.
This is the dark side
of Canada.
If you talk to real Canadians,
more often than not,
they will tell you
how hopeless
they feel about their future.
They'll share how,
when growing up, they dreamed
of a life raising a family
in a comfortable home
and in a safe neighborhood.
Or with home prices soaring.
This dream has become
a fantasy
to buy the average home
in Canada.
A family needs to earn
$170,000 per year.
And in Vancouver that number
jumps dramatically
to $360,000 per year.
Compare this to the median
family income of $70,000.
And it becomes clear
that it is nearly impossible
to buy a home in Canada.
Most Canadians who don't own
a home have given up and don't
see it as remotely possible
in their lifetime.
The sad part about this
Canada's housing
wasn't always this expensive.
In fact, homeownership was
possible for almost everyone.
But in the last few decades,
housing prices have increased
so much faster than wages
that it has forced citizens
to abandon
the hope of homeownership.
Even if you can afford
a home,
you aren't getting very much.
Take Vancouver, for example.
The average home
here is nearly $2 million,
and it looks like this.
Who wants to spend
