Western Standard - Trudeau is knowingly causing Canada’s housing crisis

00:00:00.000 We do have a serious problem building on us right now.

00:00:03.960 I mean, Canada, we need to have a serious discussion

00:00:06.980 about our immigration levels.

00:00:08.680 We have to have it fast.

00:00:10.100 And it's a subject that conservative politicians,

00:00:12.040 they shy away from,

00:00:13.440 as they're gonna inevitably be accused of racism.

00:00:16.220 And of course, progressive politicians

00:00:17.500 don't wanna get into the issue

00:00:18.620 because it's been such an effective wedge

00:00:20.420 against the conservatives.

00:00:22.160 The politics have to stop though,

00:00:24.020 and reality has to set in.

00:00:25.960 Canada is heading into a socioeconomic crisis

00:00:28.440 due to the current immigration policies.

00:00:31.180 A lack of affordable housing

00:00:32.420 is hitting crisis levels across the country.

00:00:34.320 It's causing citizens and immigrants alike to suffer 1.00

00:00:37.160 while politicians spin their wheels

00:00:38.820 with discussions of everything

00:00:40.300 from rent control to basement suites,

00:00:42.260 but they won't dare touch the immigration issue.

00:00:45.080 One provincial cabinet minister in Nova Scotia

00:00:46.780 even hinted at encouraging people with spare rooms

00:00:48.980 to take borders into your homes.

00:00:51.820 Now, few politicians have the courage

00:00:53.380 to state what's become the obvious.

00:00:54.960 Canada needs to slam the brakes

00:00:56.480 on immigration levels and hard.

00:00:58.440 I mean, to add insult to injury,

00:01:00.820 a recent memo was leaked

00:01:01.900 to a key in Bextie's counter signal online

00:01:04.140 that exposed that Prime Minister Trudeau

00:01:06.720 was well aware of the crisis

00:01:08.620 his immigration policies are fostering,

00:01:10.840 and he purposely chose to ignore it.

00:01:13.140 I mean, people have accepted that Trudeau

00:01:14.500 is far from the sharpest prime minister

00:01:16.160 the nation's ever had.

00:01:17.780 It was quite believable to think

00:01:18.900 Justin truly didn't realize

00:01:20.420 the damages his policies would cause.

00:01:22.580 Not that we should forgive Trudeau 1.00

00:01:23.860 for his acts of idiocy, 1.00

00:01:25.220 but it's worse when he actually 1.00

00:01:26.360 knowingly causes the damage

00:01:27.940 rather than ignorantly.

00:01:29.920 The numbers presented in the memo

00:01:31.340 were chilling.

00:01:32.260 This is what Trudeau saw himself.

00:01:33.620 Things are bad,

00:01:34.280 and they're poised to become much worse.

00:01:36.180 Here's a quote direct from the report

00:01:37.540 given directly to Trudeau

00:01:38.780 and authored by Secretary of the Cabinet,

00:01:42.000 Janice Charette.

00:01:42.680 CMHC, which is the Mortgage and Housing Corporation,

00:01:46.140 projects that the housing stock in Canada

00:01:48.180 will grow approximately 2.3 units

00:01:50.680 between 2021 and 2030.

00:01:53.080 When it incorporates economic factors

00:01:55.460 alongside demographic factors,

00:01:56.840 it projects an additional 3.5 million

00:01:59.700 additional housing units are needed

00:02:01.580 beyond the current projections

00:02:02.900 to restore affordability.

00:02:05.620 Think of those numbers.

00:02:06.840 We're going to be short

00:02:07.880 3.5 million units

00:02:09.980 within the next seven years

00:02:11.540 if we maintain this immigration course.

00:02:13.860 And that memo states it outright.

00:02:15.080 Immigration is the thing 1.00

00:02:15.980 that's causing the challenge.

00:02:17.720 It says the nation's going to need

00:02:18.620 665,000 new units a year

00:02:20.860 to keep up with demand.

00:02:22.160 In 2021,

00:02:23.000 only 223,000 were built.

00:02:25.500 You don't need to be a mathematician

00:02:26.760 to see the looming catastrophe here.

00:02:29.200 So why is Trudeau so fixated,

00:02:31.200 even when warned,

00:02:32.540 on bringing in record numbers of immigrants

00:02:34.200 when it's harming the nation so much,

00:02:36.120 even when the memos are coming in?

00:02:37.800 Well, there's no sense beating around the bush here.

00:02:40.040 The reason Trudeau won't bend 0.96

00:02:41.160 is because he's a self-serving narcissist 0.78

00:02:42.940 who's using mass immigration 0.95

00:02:44.180 to try and cover up his years

00:02:45.480 of gross fiscal mismanagement.

00:02:48.640 Trudeau and his finance minister,

00:02:50.060 Chrystia Freeland, 0.88

00:02:50.820 have been crowing of late

00:02:52.020 about how Canada is among the world leaders

00:02:53.880 in GDP growth since the pandemic.

00:02:56.420 And yeah, that's true.

00:02:57.780 The reason, though,

00:02:58.600 Canada is experiencing modest GDP growth,

00:03:00.900 by the way,

00:03:01.480 is because the massive numbers of immigrants 1.00

00:03:03.400 have been brought into the country.

00:03:05.640 Immigrants bring resources and skills,

00:03:07.100 and they do help spur the economy.

00:03:08.920 It gives the nation an injection

00:03:10.280 of economic activity

00:03:11.620 and bumps the overall GDP.

00:03:13.900 The problem is, though,

00:03:15.560 the GDP per capita is falling.

00:03:18.300 See, while the nation as a whole

00:03:19.520 is reporting growing economic numbers,

00:03:21.260 citizens as individuals

00:03:22.360 are becoming poorer.

00:03:24.000 The economic bump from immigration 0.96

00:03:25.700 isn't enough to cover

00:03:26.680 the spreading of the wealth

00:03:27.880 among more people.

00:03:29.280 I mean, think of the examples this way.

00:03:30.480 Look at India. 0.95

00:03:31.320 Their economy and GDP

00:03:32.480 have been growing for years,

00:03:33.520 and good on them.

00:03:34.160 The nation still has a long way to go

00:03:36.280 to catch up to the Western world.

00:03:38.200 Their GDP is 3.2 trillion,

00:03:39.900 compared to Canada's 1.98.

00:03:42.220 Gross GDP numbers

00:03:43.380 don't reflect the nation's affluence, though,

00:03:45.420 as well as per capita numbers do.

00:03:47.800 India's GDP per capita, for example,

00:03:50.320 is $2,250.

00:03:52.100 Canada's GDP is 52,000.

00:03:55.080 Now, Canada's per capita GDP numbers

00:03:56.960 are seriously lagging, though,

00:03:58.300 compared to comparable countries.

00:03:59.640 Australia, over 60,000.

00:04:02.420 And the United States is at 71,000.

00:04:05.400 Ours is dropping.

00:04:07.040 With the abundance of resources in Canada,

00:04:08.620 the low per capita GDP figures

00:04:10.160 have to be due to poor governance.

00:04:12.620 Using mass immigration 0.99

00:04:13.740 to cover for the government overspending

00:04:15.380 is participating in essentially

00:04:16.900 a Ponzi scheme.

00:04:18.580 Eventually, this house of cards

00:04:19.620 is going to collapse.

00:04:20.440 While Canadians will suffer dearly,

00:04:22.620 Trudeau probably will have headed out

00:04:24.060 to retire on a tropical island

00:04:25.280 somewhere by then.

00:04:26.420 He doesn't care.

00:04:27.460 And as the leaked memo proves,

00:04:29.060 he knows exactly what he's been doing.

00:04:31.180 Healthcare systems are strained.

00:04:33.280 Educational institutions are packed

00:04:34.700 and housing prices are going

00:04:36.140 through the roof.

00:04:37.300 We probably can't avoid

00:04:38.420 the looming economic crash

00:04:39.920 due to the unchecked immigration numbers,

00:04:41.300 but we can still mitigate it.

00:04:43.100 And I'm not calling to bring

00:04:44.180 immigration numbers to zero.

00:04:45.580 We need new citizens.

00:04:46.780 And immigrants bring 1.00

00:04:48.000 a plethora of benefits to the country.

00:04:50.560 But we can and must dramatically

00:04:52.020 reduce those numbers right now

00:04:53.360 until we can keep up with it.

00:04:55.180 The current numbers are unsustainable.

00:04:56.740 And a housing crisis

00:04:57.580 in a winter nation

00:04:58.460 can be catastrophic.

00:05:00.220 Not to mention tensions

00:05:01.160 are going to form

00:05:02.040 between citizens and new Canadians.

00:05:03.480 Whether we like that or not,

00:05:04.360 it's not fair to either existing citizens

00:05:06.000 or the new immigrants.

00:05:07.960 Political leaders need to find

00:05:09.200 their courage and call this out.

00:05:10.520 And yes, they're going to be called

00:05:11.400 racists and xenophobes

00:05:12.580 by the usual suspects.

00:05:14.020 In the long run, though,

00:05:14.880 they could be praised

00:05:15.840 for mitigating the damage

00:05:16.940 caused by a prime minister

00:05:17.960 whose sociopathy won't allow

00:05:19.760 them to do the right thing

00:05:20.500 for the nation.

00:05:21.020 And we're going to have

00:05:23.000 a peace point,

00:05:24.900 where we can

00:05:43.380 do the right thing,

Western Standard - September 07, 2023

Trudeau is knowingly causing Canada’s housing crisis

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