00:01:21.740And I remember I did a project in Thunder Bay years ago, and it was almost double the population.
00:01:26.240I think it was more than double the population.
00:01:28.400So I think what we're finding, Mike, you know, these, and I did the same thing.
00:01:32.880So I went from Kingston into Ottawa, Montreal, then hopped over, you know, that long drive into New Brunswick.
00:01:41.720And, you know, you realize how big this nation really is and how intense it is to upkeep the infrastructure of this nation.
00:01:50.160So, you know, as you're going and you're looking at it, you're thinking, wow, how do we how do we do this as a as a country?
00:01:56.040Because, you know, 40 million people and we're spread out like very dispersed.
00:02:01.440So, you know, as you're driving along, you see a small town, you see a home here, a home there.
00:02:06.180And you think, OK, well, these, you know, they they they need water.
00:02:10.440They need electricity. They need sanitation, infrastructure, roads.
00:02:16.160You need all these things. These people have to be educated somehow.
00:02:19.180there have to be schools they have to health care uh so you're you know you you're kind of looking
00:02:24.620at you think wow i don't know how this all is managing it and then you start you actually get
00:02:30.380the feeling when you're out there we're so remote right now somebody living here cuts a finger off
00:02:35.740they're in a lot of trouble or how the hell did the kids get to school in the middle of winter
00:02:40.540all the way out here yeah well and and and we mentioned uh you know a couple times i've talked
00:02:46.300to you about it uh the number of traffic uh stops and number of construction stops that we endured
00:02:55.420through our trip i can't even count them it had to be over 400 uh places on the highways where we
00:03:03.020were going down to 60 then back up to 110 and down to 60. same to the west yeah so you know and that
00:03:09.180by the way is the same highway that we were on it's the major yeah thoroughfare of canada yep
00:03:15.740yeah man the work that has to happen on that just to keep it moving well but moving for who mike so
00:03:21.420that was my question as i was traveling across i'm sitting there and i'm you know char is with
00:03:25.980me and we're talking we're having this conversation i said who do you think lives here right because
00:03:31.180we were actually listening to the show that um i think jim and and brady uh and liam did which was
00:03:38.860on birth rates right so here we are listening to sean i said char you know birth rates are down
00:03:44.540we know that there has been a hollow out demographically of these areas you the young
00:03:50.620people have fled into the urban centers they're not staying you know they're going into high-tech
00:03:57.100jobs they're not staying on farms or anywhere else and we're actually it's interesting so as
00:04:02.220we're going further east and we got into like pei we're talking and we're up in tignish which is the
00:04:09.340far corner of the northeast of canada yeah that is remote very remote and we're having a great
00:04:14.860interview with uh francis morrissey um from royal star foods a terrific guy and he's telling us the
00:04:22.540story how their kids are no longer there and that they've had to actually uh bring in a group of
00:04:31.180filipino people which are doing amazing uh in the food processing of the lobsters and the fish that
00:04:36.940he's doing but you know they didn't pass it down to a generation or a community of people there
00:04:43.260that were waiting for those jobs like many generations did uh they're supplementing yeah
00:04:49.020they're supplementing with immigration trying to keep an industry going which i think is it's a
00:04:53.740wonderful story yeah but it is the story of two tales right this because if you have a farm or
00:05:00.460quite frankly maybe you don't have a farm maybe you've sold your farm and quite frankly you're
00:05:05.180just a senior living there your kids aren't there so the tax base isn't there that's true so now
00:05:12.220now infrastructure starts to suffer now there aren't new schools going in there's no it's hard
00:05:17.500to attract people to come into an area that's disintegrating right which then causes the economic
00:05:22.700squeeze so now all of a sudden you know all your costs all your rural business costs are going up
00:05:28.620right because uh the businesses that are still there don't have as many people to sell to so in
00:05:34.460order for them to stay there they have to increase their prices to insure your property uh whether
00:05:40.300it's a hardware store or a grocery store any of those have to go up right like the cost because
00:05:46.700they have to maintain they have the same cost base which is very interesting and anyone coming into
00:05:52.620the town you know and that was a big i think you mentioned mike before the show remember during
00:05:57.900covet everyone was like okay let's move to a small town and work remotely yeah yeah i came across an
00:06:04.140an article from mclean's mclean's magazine from 2018 so uh they were talking about how
00:06:10.680the article is entitled the rumor of the death of small towns and cities in canada is greatly
00:06:16.520exaggerated right and that was because they experienced this this impact of people vacating
00:06:22.720the urban centers uh at that time but that fascination quickly vanished oh yeah people
00:06:30.020well now you have to come back to work right so now people who had actually gone out so now
00:06:33.920other cottages which is a whole other issue so now now you've actually gone out and maybe you've
00:06:39.900bought that property you know outside the city a couple hours and you were working remotely and
00:06:45.200now your company said we want you to come back to work so you've you've actually went and you've
00:06:51.420renovated or you've even built a new property well I got to tell you from a construction perspective
00:06:56.680the cost to construct in rural Canada is more than in urban well it must be just based on the
00:07:03.780availability of people to build it based on the materials getting there based on so many other
00:07:09.000factors yeah yeah you have to you have to bring your specialty trades from afar you have to put
00:07:14.260them up overnight you know somewhere they can get to they have the their cost of gas travel
00:07:19.440everything else and then quite frankly materials you know uh let's be serious during covid we
00:07:26.260actually for the most part everything we were building we were going and hauling so we would
00:07:31.540to the lumber yard and haul our own wood we would go to you know the steel guy and we'd sit inside
00:07:37.140his factory and we'd fabricate with the steel guy and then we'd bring a trailer and we put the
00:07:42.020the steel on the trailer and ship it to site like we were going and getting everything that supply
00:07:46.260chain is really uh that's that was a really practical at the moment yeah necessity for you
00:07:52.260but you can't do that in rural canada because quite frankly you got to get it shipped somewhere
00:07:56.100where you can pick it and that somewhere is quite far so what do you have to do do you have to have
00:08:00.500everything delivered that's going to go into the construction process almost entirely before you
00:08:05.460even begin like okay you get the footings in the foundations or whatever yeah but then there's a
00:08:10.020lot of materials that work in tandem you probably have to have them all there and the trades to
00:08:16.180arrive at the same time everything has to go rural canada is a little wild for weather i'm sure that
00:08:21.700can be a factor but for anyone who's ever you know for the home builders on the listening to the show
00:08:26.980they're probably screaming at it sorry no and that's fine the way trades work for the most part
00:08:32.420like in the in the residential construction business they'll have six projects going at once
00:08:37.380right and so what they'll do is they'll give you two days of their your time or their time they'll
00:08:42.500give it to your project and then you have to fight them for an extra day or two to stay on your site
00:08:46.980because they're actually going to one of the other six because they got to keep working and your
00:08:52.100project may be delayed so your electrician who you said come you know next week you might call
00:08:57.140him up and say well the you know the plumber didn't get out of the way so i'm going to delay
00:09:02.020you a week so he keeps six projects going to maximize his return you have to ship you have
00:09:07.940to move someone up into rural canada and get them to build quite frankly they're going to ding you
00:09:13.060a high cost because you know they're not going to sit around waiting for the plumber if they have to
00:09:17.700to sit around waiting for the plumber you're paying the plumber and the electrician and because
00:09:22.500there's no other job if you're in the city that's okay yeah well they go to the next job and they
00:09:26.920don't bill you they bill you roll yeah everybody's sitting on a holding fee exactly until things
00:09:31.940organize oh my the project management would be very uh anxiety building yeah so and then remember
00:09:38.540so just before i finish you know now you know the and i had friends that did this and they would
00:09:43.440call me up and they'd say i have a friend who was uh having lunch with me yesterday he's moving
00:09:48.220uh you know into another country and i said to him that's great he's going to build his own home
00:09:53.220i said that's awesome you know you have to be careful so now you have infrastructure decay so
00:09:58.580now we're talking about the fact that these uh cities are getting older they don't have the
00:10:02.720populations people have moved away well you know do you have enough power do you have enough you
00:10:09.260is your septic system or your you know your sewage systems that are actually in your neighborhood
00:10:14.620are they up to speed will they handle supply like there's there's a lot of you have to be at that
00:10:20.300point you know in a city you don't have to worry about those things like it's pretty simple you
00:10:23.820find a lot right you you know it's going to be serviced you walk over with a pickaxe you lift
00:10:29.340the sewer cap you look down you know you figure out pipe size of existing water there's some pretty
00:10:35.100standard things you do you know you figure out where your you know the the power lines are coming
00:10:40.540in and where your gas is it's it's pretty simple stupid right no not hard to do now i'm you know
00:10:48.060and uh i'm out on a farm or i'm out in a small city you got somebody with two witching sticks
00:10:53.100trying to find your well location yeah you might have 10 25 30 acres that you're trying to figure
00:10:58.220out and all of a sudden you you go to locate and you figure out hey i have to run that line another
00:11:03.18010 acres from the main road ah you know it's it's not easy oh i have to divert my road and entryway
00:11:09.740because i have services coming in all that's it seems like it does seem like a massive undertaking
00:11:15.500to build in there has to you almost have to have a reason to do it right but okay the reason to do
00:11:21.340it but then what's your resale mike so then you know it's a forever home like great but your
00:11:25.980forever home is it a good investment at that point because what are you going to do with it and now
00:11:30.940people say well i'm going to go find an old home and i'm going to renovate an old home
00:11:35.260well old homes and like and that's one thing i noticed on our trip down east old homes are old
00:11:42.460like you know like depression old yeah like 1930s i promise you paul from personal experience yeah
00:11:50.780these are at 30 000 feet are glorious beautiful thing but boy when you open the front door and
00:11:56.060start to live in there i promised you the hundred year old problems are much different than new home
00:12:02.220problems oh yeah uh so yeah if you're going to create a forever home for your family how do you
00:12:07.420build this and does your family even want to stay there like take a look at uh your your guest uh
00:12:13.100morrissey down there in in the east well his family doesn't want anything to do with the
00:12:17.580business they've gone off this way he still has that infrastructure that is his life and to be
00:12:23.100honest with you is it really worth all that much money uh probably not he's probably better just
00:12:29.100keeping service on that it's not a massive return it's not a real estate bubble that you're going to
00:12:34.060hit in these rural areas right there's something interesting i wanted to point out yesterday in a
00:12:39.580discussion with uh one of our immigration experts uh phil oh yeah i love phil uh he was uh talking
00:12:47.100to brady i listened in on this he was talking to brady about how uh pr points and citizenship points
00:12:55.260are not awarded for being in toronto or vancouver and that sort of thing and i thought to myself
00:13:00.620when i heard this yeah well this should be some kind of inspiration for rebounding some of these
00:13:05.820towns because if you want citizenship you're better off being outside the major centers
00:13:11.900how is that not becoming more appealing or is it that our migrant
00:13:18.340new immigrants to canada just don't know that this is a possibility have we presented to them
00:13:26.320that this is not a good thing to do therefore creating the demise of these these areas that
00:13:32.940are being hollowed out by demographic and and birth rate issues i don't know why why we haven't
00:13:39.760made a bigger push on saying get to these rural areas and help us rebuild. Yeah if there's
00:13:46.160industries so I agree with you I think if there's an industry that's viable and there should be
00:13:51.640because you figure we did a show recently on tariffs and the 50% tariffs and the number of
00:13:57.040items that were getting whacked and how we had to become self-sustaining as a nation so common
00:14:03.020sense I agree with you it makes sense that you know any new person coming to Canada should be
00:14:07.880diverted into a rural community whether it be farming mining uh or any of the other fisheries
00:14:15.000whatever it is right because quite frankly there's industries there that we can self-sustain
00:14:19.720ourselves if we can provide those items nationally we can we can do that the challenge is a little
00:14:26.680bit of that mike as we got going and it kind of tweaked me before the show and we started digging
00:14:31.240into it now you got to layer on some new things and and that we're seeing uh and i think it's like
00:14:37.480one of those oh you know one of those surprise uh-oh uh because now we're seeing wildfires
00:14:42.920everywhere across canada again for you know the third or fourth year straight we're having these
00:14:48.040smoke warnings in the major you know if you look at a map of canada right now uh and i'll try to
00:14:53.880provide one for for nick right after the show that we can put in right here yeah but uh it's
00:14:59.960it's um it's lit up right across the country now every rural sector in almost every province
00:15:05.880yeah so so now the reason and the reason i bring it up so now i decide i want to go to a small town
00:15:12.280um or you know the the government says to me you go live in a small town or even go to a fairly
00:15:17.160sizable city thunder bay so you have to find housing which is tough sometimes because there's
00:15:22.200not as much housing so you got to get there you got to find housing you got to secure your family
00:15:26.600in a nice environment which is tougher because your selection is lower right um hopefully you'll
00:15:31.880be adopted well so people will you know be happy to see you so that's always well we can touch on
00:15:37.000that in a minute as well because services need to be there for immigrants like bridging programs yeah
00:15:43.160language and all that stuff so so you get there so and um you know and i'm going to take white horse
00:15:49.080so you know as an as an example of a city because i i was just watching before with christoph
00:15:55.080an interesting video on how white horse has fireproofed themselves so now you land in this
00:16:01.560city and you know the 36 000 people i think if i get that wrong sorry white horse but
00:16:06.92036 000 people living in white horse uh been up there before they've decided they have significant
00:16:13.400challenges now because they have infrastructure but they're at risk from now uh wildfires
00:16:19.960where it's located that makes sense right it does you yeah and i've heard this that the wildfires
00:16:25.600well that's interesting paul because we're just talking about this before the show as well
00:16:30.040really really remote north places have uh fires burning about 365 days of the year exactly this
00:16:36.500is an ongoing concern so they they they now because they've realized it good on them like
00:16:41.820that's very smart so they realize that their assets are all at risk of having zero value
00:16:46.780uh insurance is hard to get so what they've done is they've created a mitigation plan so they've
00:16:52.740went out and they've actually created a uh energy break or a fuel break what is that so they went
00:16:59.060out and cleared two kilometers of trees so mostly spruce and pine uh adjacent to the city i've been
00:17:04.820up there a couple times and so and it's very dense like like most honestly and that's the other thing
00:17:10.840got me when i'm heading east how dense the forests are you leave the the but it's like
00:17:16.680like every inch is another it's like like another tree going up it's it's not like wide dispersed
00:17:23.240which i runs wick is wild as you drive through new brunswick you think if i if i walk if i enter
00:17:29.080the woods for a nature break yeah i never find the car again oh yeah unless you're great with a
00:17:35.080compass you'd be you'd be in trouble and you can't take a gps for sure so so now they go there and
00:17:41.560they have a couple kilometer fuel break outside and around the city so what do they do they they
00:17:47.000just plow that down it's like devoid of vegetation of any kind but it's honestly they had to get the
00:17:53.640government to give them i think it was somewhere ups just under 20 million dollars to clear cut
00:18:01.080that two kilometers and it's a big swatch it's like you know let's first say 50 kilometers around
00:18:07.320the city they have to actually create like a moat it's almost like that's what i was gonna say yeah
00:18:12.760used to do in castles yeah so the city now and and then so think about it so you're a new canadian
00:18:19.960you come to a small city the government doesn't have the money to go and create these clear-cut
00:18:27.400moats or clear-cut areas fuel breaks around 50 times no across canada no or whatever yeah
00:18:35.240whatever the numbers how many fires are burning if you can find out right now in canada as we're
00:18:39.000doing this oh yeah it's crazy so so the government doesn't have the money so in or if you want to
00:18:43.880stay there now so what's what's really becoming clear in my mind mike it's not only do you have
00:18:48.440all the you know economic squeeze you have the demographic push um you have the missing middle
00:18:54.760class and the housing paradox that we just talked about you have all these things now you layer on
00:19:00.600the fact that you have a critical wildfire issue so no it's not that your bridge found fell down
00:19:07.880or your water uh system got contaminated it's now that you may be burnt to ash or you're evacuated
00:19:14.520for an extended period of time right well and if you're you know if you're evacuated who knows what
00:19:20.360happens so but but now you have that issue so you layer that issue on and you're like okay
00:19:26.760what cities and what groups of people now if they want to live there have the ability to do
00:19:32.280themself now it doesn't sound like much but quite frankly i don't know if um i was lucky enough at
00:19:38.200a very young age uh my grandfather my grandfather bought a property and developed it um in cottage
00:19:45.960country up by the minden halliburton area okay so we cut trees all summer long so um and for those
00:19:53.560of you it's not like trees you get in the the city these are trees like like massive trees right um
00:20:00.680100 year old yeah behemoths like a tree is like one tree takes three men all day with chainsaws
00:20:07.320like big like 36 inch chainsaws and you're gonna start at the top and work all the way down on them
00:20:12.680And so we would do that all summer to clear cut the property.
00:20:16.360So, you know, now the machinery, in the case of like Whitehorse,
00:20:20.460they bring in the big machines that are, but again, that's very costly, right?
00:20:26.060Well, how many fires were there, Christoph?
00:20:28.380So right now, the 900 fires, you cannot, I mean, some of them,
00:20:32.900but once again, we don't have that ability,
00:20:36.920and nor the mentality that in most of these cases to go and do this.
00:20:41.180we don't have the funds or the clear cutting equipment to clear cut fast enough to get there
00:20:45.660to probably save them all so right so you know that that's great and they're smart enough they
00:20:51.900did it so like good on them i was when i was watching the star i was like wow that's really
00:20:56.540cool that they did it but that doesn't even say like at the end of the day and they even admit it
00:21:01.900that's only one thing and they and they uh they go down and they control burn and they've actually
00:21:08.220reseeded with aspens uh to get the spruce and pine out because aspens don't uh spruce and pine burn
00:21:15.580like a like a like a flame to the top it just goes straight up the oils are highly flammable
00:21:21.020in in the green in the green elements of the plant yeah exactly whereas aspen smolders down below
00:21:28.300right right yeah so they're planting aspens as fire lines so as they as they control burn they
00:21:34.460plant the aspens and then they have helicopters in the air like think about that now they have
00:21:39.740helicopters going almost 24 7 to see because what they have to start doing if it happens
00:21:47.020they have to be careful of floating ash so once the fire gets close to the fuel line then it'll
00:21:54.860start to burn up and it'll start to ash out and ash depending on wind currents will start to be
00:22:00.940going over so if it starts landing over the fire line it'll restart the fires once again that and
00:22:07.420they have to bury that under quick so they have to be moving with bulldozers to try to to try to
00:22:12.300take the element because you can't spray it and you know we don't have enough uh water bombers
00:22:19.260to get to everyone now even the 900 fires you're talking about so now we're in this kind of critical
00:22:25.500crazy position where you had all these other things now you've got this so
00:22:30.920all these things i hate to say it when people are assessing what your value of your real estate is
00:22:37.380when you're getting to the point where you're trying to sell what would what would make someone
00:22:43.360want to live that life because that's a pretty hard life yeah man you get you you raise a good
00:22:47.520point so your home your real estate is you have to just realize that real estate that property
00:22:54.160it has no value no value it's just your livable value it's your it's right so why would you fix
00:23:00.340it up right so you wouldn't have a custom nice home in a small well you just wouldn't do it
00:23:05.680you'd have a very rudimentary but then you also need a decent living by which you can build a
00:23:10.840retirement because you're not doing what boomers did in the major cities and selling your home at
00:23:16.020a huge profit to care for the rest of your life you actually have to have a job that is putting
00:23:22.240money in the bank and you still have to have a lifestyle yeah you may not maintain the home
00:23:26.600like you're going to get a two hundred thousand dollars a year value out of it but you do want
00:23:32.700to live in a nice house so to do that we have to have jobs and industries and places for people to
00:23:40.060go and make money well more of that more so than even in the city i think yeah well you do and it's
00:23:47.920interesting so coming into the show someone handed me this and it's it's actually just from a few
00:23:52.740days ago which i was i was shocked because they didn't pick this up and this is on ontario
00:23:57.780cottagers right are now uh being warned especially up in muskoka to be careful with the dry conditions
00:24:09.180coming up well we have yeah a heat wave on the way right and uh yeah and you know the article
00:24:16.000talks about the high number of airbnbs that are actually in here that people developed through
00:24:21.080covid that they create these beautiful airbnbs that people and the challenge is the people going
00:24:26.900up into these areas don't understand the issues with lighting fires fire bands what happens with
00:24:33.140the wind the lake weather nor do they care no so they're you know they're out there having
00:24:37.400you know marshmallow roasts and getting a few in them and having fun but not paying attention
00:24:43.080So, you know, what maybe your nest egg that you thought going up to a beautiful cottage country, which is not even your full-time home, just your partial home, has almost the same conditions now.