Loading ...Canada’s standard of living is on track for its worst decline in 40 years, according to a new study by Canada’s Fraser Institute.
They found that, unlike the previous recessions, Canada is not recovering this time. Something broke.
In fact, according to the Financial Post, since 2019 Canada’s had the worst growth out of 50 developed economies. Inflation-adjusted Canadian wages have been flat since 2016.
So, yes, something broke.
And it’s nowhere near over: Canada’s per-person real GDP is still falling and with a looming US recession – the US is 75% of Canada’s exports – Canada could crash again before it ever recovered.
https://www.zerohedge.com/political/canadas-worst-decline-40-years
So you’re saying that importing millions of third world peasants is not boosting our economy? Oh my! Perhaps we should have a Royal Commission or something.
Just kidding! I’m sure a Royal Commission would recommend the redoubling of our effort to do more of the same!
There is some kind of agreement that Australia and Canada made with Kenya to totally empty out the massive refugee camps of Kakuma and Dadab. Its about 800,000 people total. Those camps were supposed to be closed in 2021 although it will obviously take longer. The people inside are Somalis, Ethiopians and Sudanese mostly. Some have been living there for over a decade.
https://nation.africa/kenya/news/dadaab-kakuma-refugee-camps-to-transition-into-integrated-settlements-4230318