teppa

Because of wage suppression via mass immigration in order to forcefully invert the Phillips curve after the BoC did QE.

Mao also had famines while having plenty of food being produced.

Neo liberalism meaning free market solutions to problems?

Our loose monetary policy distorts lending and debases our salary, with the Federal government now literally buying half of all mortgage bonds. Housing can't be built due to sprawled zoning, huge developer taxes, and massive greenbelt. We have supply side economics so a decent cheese is 20$ a loaf.

Give me one area where Canada is a neo liberal hellscape like this article let's on. I'd argue we have the reverse, and Carneys free trade within Canada plan is barely scratching the surface of the problems we need to fix with government intervention.

We've even got a new housing minister that says housing prices shouldn't come down because its now an investment vehicle, after Trudeau essentially said the same thing, then you have to wonder why the poor are so much worse off.

We can't feed the people we have, food bank usage has skyrocketed. We may need to send refugees to the US who actually has the housing to house people.

Dog whistle against illegal immigration or what?

Yes, I whistle the law should be followed. That we have a shortage of basic services already and don't need an overburdened healthcare and housing sector in order to feed cheap labor for corporations.

The pain we feel is from decades of loose monetary policy, rising interest rates due to aging demographics, and a federal government intent on hiding falling GDP via mass immigration. Mass immigration to forcefully invert the phillips curve after vast monetary stimulus, while we remain second to last place in per capita GDP growth in the 38 countries of the OECD, and Caroline Rogers warns of crisis level productivity growth which is diminishing wage growth.

Its not price gouging, its excess money supply, because the Covid stimulus was entirely funded by the Bank of Canada, who ignored their inflation mandate during Covid. Heres a graph from the Boc outlining the inflation in 2021, which hits us with a lag as the money flows through the economy.

https://www.bankofcanada.ca/rates/indicators/key-variables/monetary-aggregates/

The phillips curve depicts the relationship between inflation and wage pressure, higher inflation means more wage power, and wage gains. But during the inflation Canada did mass immigration, to force down wage pressure. So everyone is now poorer on a per capita basis than they were prior to mass immigration, that is why families dont have any money. Canada has also had the second to last worst per capita GDP performance out of the 38 countries of the OECD, we beat only Luxembourg, so people are poorer.