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Old Posted Apr 28, 2024, 4:57 AM
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Loco101 Loco101 is offline
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Join Date: May 2013
Location: Timmins, Northern Ontario
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Quote:
Originally Posted by Truenorth00 View Post
I wouldn't say the economy is absolutely terrible. It's still a lot better today than say the early 90s recession when my family first got to Canada. There were major layoffs announced in the newspaper weekly back then. What we have right now is growing inequality and economic stagnation for some with a really comfortable life for the rest. You're a tad upset by recent changes made to the tax code. It might cost you an extra year or two of work. Imagine how young people in major cities feel where saving for a downpayment will take 20-25 years. And during that time you have no certainty on housing. Your landlord can renovict you anytime. Bad as you have it, young people have it worse. And it's been that way for a very long time.

A lot of the problems we face here are somewhat common across the Western world. They come with an aging population and lower economic growth in general. Ironically, Trudeau has made this worse specifically because he made a choice to prioritized the interests of the wrinkled over the young and in doing so basically can kicked for a decade, only making it worse. The next government is going to have their work cut out for them. Are they willing to make the hard choices necessary?
well said. I totally agree.
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