We have had stagnant GDP growth for a decade, exploding housing prices, doctor shortage, food bank usage is skyrocketing, people are living in rest stops, on average we are poorer than the poorest state as they attempt to plaster over falling GDP using mass immigration. That is why Liberals are bad and why economic growth is important, part of that is dropping taxes so we can accrue investment, as the Bank of Canada literally raises the alarm bells for a lack of productive investment into Canada.
When you hurt poor people this badly for a decade usually you’d recognize the reality around you. If you’re going to tax people it also needs to be spent on something productive, not consumption but mass transit, why we still dont have high speed rail spanning from every major city while spending this much is a joke.
Understanding basic math and economics can help a lot here. If the country’s population is growing at the same speed as its economy, the per-capita GDP will be about 0%. After inflation, Canada has seen a 17% GDP growth, which is more than the average.
exploding housing prices
Because of investors, and for no other non-trivial reason.
It’s the investors who buy up 5, 10, 15 or even more homes to then rent out, which are the problem. They are the ones who drive up the price and then leverage the “captive market” to charge whatever rents they want, because prices are too high for renters to afford, and rents are too high for them to save.
It’s the investors who buy homes “on spec” only to flip them near completion for twice (or more!) what they originally paid which are the problem. They are the ones driving home prices up purely for profit, likely having never seen the place.
It’s the investors who buy homes to flip, slap on a coat of paint and shove in a cheap IKEA kitchen before listing it for 20% more than what they paid which are the problem. They make no material improvements, frequently introduce problems via shitty work, and then expect to reap outsized rewards for something that is usually worse off than when they first got it.
And who encouraged these “investors”? The mortgage deregulation of the Mulroney and Harper administrations.
doctor shortage
Decades-long Conservative defunding of healthcare in order to “prove” it “doesn’t work”.
food bank usage is skyrocketing
Greedflation, thanks to food chain consolidation. Most of which was enabled by Conservative policies. The Libs looked the other way, but didn’t explicitly encourage it like the Conservatives did.
people are living in rest stops
See: “investors”, above.
on average we are poorer than the poorest state as they attempt to plaster over falling GDP using mass immigration.
How bad at math are you?
Canada’s GDP has grown by 17%, after inflation, over the last decade. They only reason why per capita GDP is near zero is because it is per capita… if population grows in lockstep with GDP, the math is inevitable that the per capita GDP will be almost nothing. But the overall after-inflation GDP is better than most OECD countries.
If anything, mass immigration hurts GDP numbers, it doesn’t help them.
part of that is dropping taxes
Except the only taxes that Conservatives will actually be dropping will be those of the wealthy and hyper-wealthy, because those are their campaign donors. This will put the taxation burden on those who can least afford it - the working class. And when tax revenues drop, out comes the cuts to social services, leading to more cracks that people and families fall through and more homeless people living out of their vehicles.
It’s a well-worn path walked by all conservative political parties world-wide, PeePee will be no different.
We have had stagnant GDP growth for a decade, exploding housing prices, doctor shortage, food bank usage is skyrocketing, people are living in rest stops, on average we are poorer than the poorest state as they attempt to plaster over falling GDP using mass immigration. That is why Liberals are bad and why economic growth is important, part of that is dropping taxes so we can accrue investment, as the Bank of Canada literally raises the alarm bells for a lack of productive investment into Canada.
When you hurt poor people this badly for a decade usually you’d recognize the reality around you. If you’re going to tax people it also needs to be spent on something productive, not consumption but mass transit, why we still dont have high speed rail spanning from every major city while spending this much is a joke.
Understanding basic math and economics can help a lot here. If the country’s population is growing at the same speed as its economy, the per-capita GDP will be about 0%. After inflation, Canada has seen a 17% GDP growth, which is more than the average.
Because of investors, and for no other non-trivial reason.
It’s the investors who buy up 5, 10, 15 or even more homes to then rent out, which are the problem. They are the ones who drive up the price and then leverage the “captive market” to charge whatever rents they want, because prices are too high for renters to afford, and rents are too high for them to save.
It’s the investors who buy homes “on spec” only to flip them near completion for twice (or more!) what they originally paid which are the problem. They are the ones driving home prices up purely for profit, likely having never seen the place.
It’s the investors who buy homes to flip, slap on a coat of paint and shove in a cheap IKEA kitchen before listing it for 20% more than what they paid which are the problem. They make no material improvements, frequently introduce problems via shitty work, and then expect to reap outsized rewards for something that is usually worse off than when they first got it.
And who encouraged these “investors”? The mortgage deregulation of the Mulroney and Harper administrations.
Decades-long Conservative defunding of healthcare in order to “prove” it “doesn’t work”.
Greedflation, thanks to food chain consolidation. Most of which was enabled by Conservative policies. The Libs looked the other way, but didn’t explicitly encourage it like the Conservatives did.
See: “investors”, above.
How bad at math are you?
Canada’s GDP has grown by 17%, after inflation, over the last decade. They only reason why per capita GDP is near zero is because it is per capita… if population grows in lockstep with GDP, the math is inevitable that the per capita GDP will be almost nothing. But the overall after-inflation GDP is better than most OECD countries.
If anything, mass immigration hurts GDP numbers, it doesn’t help them.
Except the only taxes that Conservatives will actually be dropping will be those of the wealthy and hyper-wealthy, because those are their campaign donors. This will put the taxation burden on those who can least afford it - the working class. And when tax revenues drop, out comes the cuts to social services, leading to more cracks that people and families fall through and more homeless people living out of their vehicles.
It’s a well-worn path walked by all conservative political parties world-wide, PeePee will be no different.