Hes still got us capped at 500k immigrants a year now which is double what Harper had, and theres talk of him reviving foreign buyers. His new housing minister actually says prices shouldnt come down, they clearly have no initiative to lower home prices.

[–] NoneOfUrBusiness@fedia.io 10 points 1 year ago (1 children)

I mean, screw his housing policies but immigrants are pretty much the lifeblood of developed economies. You cut that stuff and GDP takes a pretty strong hit. The end of the low-immigration path is a Japan-style slump, which is... not fun.

[–] teppa@piefed.ca -2 points 1 year ago* (last edited 1 year ago) (2 children)

Unless we cut taxes and encouraged investment in Canada and grew GDP at a non-per capita level.

We were second last next to Luxembourg in the 38 countries of the OECD at per capita GDP growth since Trudeau took over.

In the end it doesn't matter to me what Canada does, I keep my investments outside of Canada, and I have more Bitcoin than I do Canadian assets due to my level of trust in our government.

[–] NoneOfUrBusiness@fedia.io 6 points 1 year ago

Unless we cut taxes and encouraged investment in Canada and grew GDP at a non-per capita level.

I mean this strategy has failed pretty decisively on multiple fronts over the last dew decades all over the globe. Cutting taxes means weaker social welfare, leading to an unhappy population and a one-way ticket to fascismland.

[–] KindnessIsPunk@lemmy.ca 1 points 1 year ago* (last edited 1 year ago)

As far as I understand it we are at equilibrium this year for growth