Why No One Wants to Live in Canada
2 and 20・10 minutes read
High expectations after Justin Trudeau's election in 2015 turned sour as record high housing prices and food insecurity plague Canada, with the average family needing $170,000 annually to afford a home and food prices rising by over 10% since 2022. Government policies like immigration and a lack of housing investment, along with high costs due to carbon tax and lack of competition, contribute to the country's economic decline and high cost of living.
Insights
- The promise of change by Justin Trudeau upon his election excited Canadians, but the reality has led to a housing crisis and food insecurity, with owning a home now requiring an average family to have $170,000 annually.
- Government policies, such as immigration and lack of housing investment, alongside economic decline and talent exodus, have exacerbated the housing crisis and rising food costs in Canada, impacting citizens' quality of life significantly.
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