Millionaires Leave Canada Before It's Too Late
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- Опубликовано: 10 сен 2024
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Summary of this video:
Canada's economy struggles with high taxes, low fertility rates, and rising immigration, prompting wealthy citizens to consider relocating abroad.
Highlights
- 🇨🇦 Canada's economy ranked worst in the OECD from 2020 to 2030.
- 👶 Native fertility rate is declining, impacting population growth.
- 🌍 500,000 immigrants arrive annually, primarily from India and Africa.
- 💸 High taxes drive wealthy Canadians to seek better opportunities abroad.
- 📉 Immigration from Canada to the U.S. hits a 10-year high.
- 🏖️ Tax-friendly countries like Barbados and Mexico are popular among fleeing Canadians.
- 💔 Canadian society is experiencing a degradation in attitude and safety.
Key Insights
- 📉 Economic Decline: Canada's economy is struggling compared to other developed nations, leading to discontent among its citizens. High taxes and inflation exacerbate this issue.
- 👶 Low Fertility Rates: With a fertility rate of just 1.33, native Canadians are not replacing themselves, which creates long-term demographic challenges that could strain social services.
- 🌍 Mass Immigration: The influx of 500,000 immigrants yearly changes Canada's cultural landscape and raises questions about integration and social cohesion.
- 💸 Wealth Flight: Wealthy Canadians are migrating to places with lower taxes, indicating a loss of faith in
DISCLAIMER: This video is not tax and/or financial and/or investment advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.
Trudeau has completely f.....ked us.
Just like his dad, named after the airport Pierre Trudeau airport that you frequent when travel, instant promotion for the Trudeau empire, its wasn't the hair was it?
@@BN-ts3oy Ask the women of Canada. They are the largest group that voted for him and still do
@@censoredeveryday3320I’m a woman and never voted for him. I never voted and I’m considering to vote Pierre but no hope he can clean up this mess. I’m Gen Z and the future don’t look bright here. I’m thinking of leaving. Too expensive here.
@@stacy-annmorgan6685 Vote even if you think it's useless. I am gen-x and honestly feel for the younger generation.
and Canadians completely off you.. why Canadians also neve take responsibility?still many of them supporting him...
Trudeau and Klause Schwab deserve the credit.
Leave Canada when you still can. The window of opportunity is closing in rapidly. This country is dead
💯
@@y.cschmidlin8172 same here in the US
@@miztri
USA is special in that it's one of the nations with the best chances of fighting back the nonsense. Everywhere else doesn't have 2A, nor patriots who are awake to the BS.
The other nations may not be in this present mess, but if they ever are, they will fare WAY worse. They will accept the degeneracy with open arms, like the West is doing. Or they have their own problems they can't fix due to not having something like the Constitution.
Must be nice, most of us can't afford to get out of this Dictatorship
@@wrongwayfeldman5393 i have 2 passports
Nothing else expected from the son of Fidel Castro
Facts
And most women keep voting for him because they think he looks handsome
😂 I love this one ☝️
That Feminist Prsident After Nixon. He Grapsed Triday and Said THE NEXT PRIME MINISTER IN... 80 or Something. HOW DID HE KNOW...? EXCEPT IF YOU CHECK THE PHOTO WITH ILLUMINATI WOMEN IN BOARDING SCHOOL. THEY KNOW THE SELECTEES MANY YEARS AGO
No-I doubt very much he's related to any communist. He's coronated royalty!
77% of Canada's wealth is under the control of few billionaires. Why are they leaving?
Confiscation masquerading as Redistribution
He does not know what he is talking about, we are heading actually in to Feudalism, opposite from communism. But everybody has own reality and ambitions.
@@plutoniusis you mean, under the Trudeau dynasty?
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Just left a week ago. Already obtained residency in new country; no more Trudeau and no more winters.
Where did you go?
Smart move
Where?
Just got my residence in another country 6 weeks ago. Selling the house next month, I'm out of here!
@@Pompbrah Quebec
In the 1960s and 70s, my parents and some of their friends left authoritarian Yugoslavia for Canada. Now, their children are leaving Canada for the same reason. I personally know at least 10 people who left Canada permanently.
My friend left Canada last year, they had a very successful restaurant chain.
@@azul6892 , what it means they manage to make something in order to open restaurants over there, I guess in former Yugoslavia, ( Croatia perhaps) again they made , what that's proof that Canada did and could provide achieved financial means to invest abroad, other way they would not have nothing. BY the way Croatia is now very expansive for living for domestic ordinary people.
Well they left Canada recently because opportunities for business specially in a sector of Tourism - Hospitality, or for simple retirement, my father was working in Germany 70this, I was there living and working to till immigrating to Canada , we traveled with no restrictions back and forward in 70-80this, newer had any problems. Depends of the ideological views and personal experiences but in my experience Yugoslavia was less authoritarian compare to what we have today in that regions.
It all depends of the people beliefs and motivations, ambitions, nothing is perfect , now one of capitalist stallion nation Canada is accused to be moving in to some sort of the communist direction, I see totally different what is final agenda.
Socialism agenda … aiming for national destruction . Typical fallout cycle for every country on Earth proven by past history over time. Time to move out.
I left in January this year. I still have a property to sell but being in Spain increased my happiness level tenfold. Canada is a dystopian and depressing shithole now!
I wanna leave too but I'm looking at low tax/no tax countries, especially for crypto/cap gains.
@@leloupdessteppes3228 wow!
@@CorporateShill66 I'm heavily invested in crypto as well Barbados is definitely tax-friendly for crypto
@@CorporateShill66 I’m EU citizen so I use Spain as a stepping stone to learn spanish and then move to Latin America or Eastern Europe. Not sure yet.
@@CorporateShill66 Dubai
I left Canada 1999! Never looked back
To where?
Canada has a climate tax LOL.
yes %24
The climate sucks. I want a refund.
When you think about it the carbon tax is a tax on breathing. That used to be a joke years ago. We pay a crippling fortune to "save" the world and the rest of the world goes merrily on.
All that is left is to tax the tea!!!!😂😂😂😂
Yes taxing the weather will change it 🤡
England and Canada belong to Klaus Shwab 🇩🇪
Oh boy, was thinking if I should go back to the UK!
And Australia
@@navkiratdhami5923 no way man. Haven't you seen what is going on in UK right now?
The evil WEF has 6 6 6 in their logo. Hmm. And we have a bunch of evil politicians that fly off to Davos for their marching orders, traitors against the people who they supposedly represent.
Klaus Shwab doesn't own anything. He's merely the front man and a puppet himself. Those really in power will never show their faces to the world.
Klaus Schwab,is the boss in Canada
The country is run by monopolies and oligopolies in banking, telecommunications, housing, retail, and other services. Canadians pay more than Americans for food, alcohol, housing, transportation, cell phones, gasoline, airline tickets and banking services. It is extremely expensive to buy or rent a house, and out of reach for most Canadians. Middle class Canadians pay over 50% income taxes and 67% capital gains taxes. All these factors have forced thousands of new immigrants and other Canadians to leave the country.
5G is dotting the land everywhere. Control is the name of the no consulted game.
Tyrant Trudeau.
I moved from Vancouver Canada to Mexico City a month ago best decision I ever made
This is a brain drain from Canada
Happy to have left early 2018...little did I realize just how bad things were to become in just a few years.
I left in 2008. Best thing I ever did
Where did you leave?
@@mikejakusz1493born in Burlington. Worked in Toronto (high tech) and moved to Fort Lauderdale in 2008.
How could you see the future
I had the opprotunity to move to Texas in 2008 (Work sponsorship) but I stayed because of "family". Well almost all those family turned on me during Covid and licked the LPC boots. Now i'm stuck here in Canada, waiting for the collapse.
@@Albertalorian Sorry to hear, that sounds like a nightmare. Liberal hive mind is for the weak. I'd love to say you're better off without them but that's a little harsh. I feel for you. My support from the South !
Isn't there laws to protect citizens against its own government
There is but everything gets swept under the table with Justin Trudeau
The libndp control the HOC and the senate is lined with libs so it’s basically a dictatorship
The current Australian government is planning on introducing a tax on unrealised capital gains. Beat that.
Omg your not serious. Canada that has been brought up as well. These people are truly insane. It will sniffle all business and won't even raise tax receipts, it barely does, money just leaves as do the creators.
GDP's already negative, the housing market's already crashing (see all-time high number of price reductions without any sales still), all-time consumer credit card debt, unemployment is skyrocketing and will surpass 2009's 10% peak. Homes and stocks will crash 60%. It's literally 3rd grade math. It was always inevitable. Already seeing it in every single asset class other than the Crypto market ....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She's often interacts on Telegrams, using the user-name.
@Lindawilburn
In a field as rapidly evolving as cryptocurrency, staying updated is crucial. Linda’s continual research and adaptation to the latest market changes have been instrumental in helping me make informed decisions.
Nice, I was just hodling before I found Wilburn. In my opinion she is the very best out there.
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.
The U.S has its fair share of problems, but anybody thinking of moving to Canada is only going to run into the same problems, if not worse.
Canada is nice to visit as a tourist, especially during the summer, but I realize I’d never want to live there. Canadians tend to be superficial and/or passive aggressive in their interactions, have no real culture to offer outside of “not being American”, the cost of living (especially in Southern Ontario) is ridiculously expensive, and unlike the U.S, there is no climate diversity, and I don’t like long winters.
To each their own, but Canada isn’t all it’s cracked up to be.
As an official immigrant (economic immigration) who went thru the whole process of selection - age, university degree, health verification and with more than 7.5k in US dollars at my bank account: it was a huge error of my life done in 2007.
Correction to the number you said regarding 500k of immigrants - it's way more - almost one million per year. It's done
Canada is finished. Uk is gone. Australia is next.
Indian students are protesting to give them permanent residency in Australia 😂. Although their country, Indian is not in danger and peaceful
I'm forming a new country.
Anyone wanna come?
lets do it :)
@@IMLI8
No tax
Equal law for all
No reservation
Let’s do it, I am in. Let’s push for the new country of Western Canada.
Only if the beer is free 🍻
@@andycommonsincanada
Is turban mandatory?
In defence of the country Canada I would like to say you will never find a more beautiful, rugged yet refined landscape, enriched with so many resources, young and fresh country still evolving towards its potential, such a wonderful and unique blend of diversity, I could go on and on ! The problem is Management when you have privileged , selfish ,self serving ,narcissistic, delusional leadership you have Disaster ! That my fellow Canadians is what we have had for 10 years and if your as old as myself you will surely remember the late 70’s till mid 80’s when yet again Pierre Elliot Trudeau was a our disastrous PM ! So the sooner we get the Cancer removed from parliament the sooner our land will heal ! The liberals have failed us too many times , the NDP have only destroyed what ever bit of respect they had by joining Trudeau ! Our only hope is someone who comes from a common background, who lived in a simple upbringing , who understand suffering and sharing ! I honestly believe Pierre Poliviere is that person that can bring back some sanity and hope for our nations existence !!
I've never seen Nova Scotia so dirty, there's garbage on the side of the roads is disgusting.
Maybe you saw the roads after the winter snow melted away? The mess gets cleaned up afterwards.
There should have been a non-confidence vote we've been failed it's too late you can't keep doing what we're doing and not be destroyed
Toronto has a 'rain tax' now--that's right--you pay for the rainwater that falls on your property
How do they determine how much to tax you ? Do they have to install some expensive metering device with yearly fees ?
That did not actually get passed. It was mentioned but gained no traction
Halton Region too!
My new built house i am paying towards rain drop to my house
I lost over £80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least £10k profits weekly. Thanks Randy Douglas.
He mostly interacts on telegrams, using the user-name.
@rdougSP
Exactly, I would always consider his signals to be one of the best ever used, 100% accurate.
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Just retired . But I live 6 months a year in Colombia where 60 dollars gives me enough food for a whole week that includes meats, soap, detergent toiletries everything. A meal is about 4 to 5 dollars. And my rent is 360 a month 3 bedrooms 2 balconies , and a pool outside. My utilities, internet , water , gas, electricity monthly average is 70 dollars. I know a few Canadians and Americans that have digital nomad visas where they work remote .
Alberta must separate
@@S.W.A I've lived here over 60 YEARS born and raised. Alberta has been treated like a prostitute by the federal government my entire life.
@@S.W.A I wish Alberta Saskatchewan Manitoba and NWT would separate form a new Republic of Would Buffalo with no politicians
Alberta and BC could be one of the wealthiest nations as a duo major. Alberta would do well with the coast and visa versa , BC for the oil ext.
That’s what WEF want! Brake up big countries into smaller nations to control them
EUROPE is doomed as well..🤣👹🔥 Better BRICS for freedom. ❤❤
🤣
W ok is the reason.
woka cola
To wipe out the middle class to turn Canadians into a third world country.
Why don’t Canadians take to the streets to demand rapid change? The country is in freefall, and people just complain without reacting 🤷♂️
Born ,raised, and proud Canadian, trust me ,there's a reckoning coming to those are fcning use right now, wait and see.
I await the boogaloo with baited breath!
you work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a bit coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
VENTURING, into the trading world without the help of a PROFFESIONL,
Wow, I'm surprised that wealthy expart is being mentioned here
Thanks for dropping this information,How can I reach out to him ?
He mostly interacts on telegrams, using the user-name.
wealthy_expat01.....💯 That’s it
These other places you are talking about have issues if their own.
There is nowhere left to hide. It's time to fight back.
Mainly Muslim countries, going to, Australia 🇦🇺, New Zealand, Britain, Canada, United States 🇺🇸 mainly British Colonies ❤❤❤,
Every developed countries are going down Canada's way..
You can expect better life in developing countries of SE Asia, Africa and S America.
100 million? Why? Infrastructure cant handle that and there will be a decline in living standards even more than today!
What you talking about, only 500,000 immigrants/year? Even officially 1.5 million and who knows what's the real number? The country simply don't have the carrying capacity to host this many people. The health care system close to collapse, the schools are terrible, infrastructure not updated to the extra millions. I think, just give some time and none would want to immigrate here. People are slow to notice trends.
I agree..word will get out it isnt worth coming here
There is no need for me to explain the reasons for what happening in Canada. Our major major issue is big number of immigrants are entering in Canada. We should stop it NOW and should send back all students came and coming from India
Canada is the New India
Not every brown guy is Indian!
Poilievre has a massive task ahead
Job One: find that visa-issuing machine and pull the plug out.
His first task should be to remove control of the WEF. This is what killed the country.
Thank you Lord Jesus for the gift of life and blessings to me and My family $14,120.47 weekly profit our lord Jesus have lifted up my Life!!!.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
Investing $15,000 and received $174,000
with inflation soon everyone in Canada will be a millionaire
,😂😂😂😂😂😂
Millionaires who can’t afford anything
I quit Canada before it quit on me. No turning back. Maybe visit after a few years just to see.
Canadians have been moving to the US for decades! I left almost40 years ago .
I left in 1990, so my memory of life in Canada are sweet.
We left three years ago, the best decision ever !
It sounds like Australia
Both are realms.
No! Stay and fight! Grrrr.....
There is the risk that millionaires will lose everything
Many countries in Europe also has poverty problems
Yep a lot of people leaving canada their here in ARIZONA ! THOUSANDS !
If Trudeau gets in again we will be joining you in Arizona.
@@andycommonsincanadathe US isn't much better
@@andycommonsincanada As long as you are pro 2nd amendment and conservative your welcome !
@@user-zs1fr7im6l
Very much so 2 nd and very Conservative, right wing
If i had million i would leave to.
100k-200k us dollars it's a million in south America and in east of Europe like Hungary
@Boudicca-xm2pi I wish your right but you need money so I promise you this I win the lottery and I'll go so fast there would only be a flash
Why not leave so you actually have the chance to make a million ? Your odds are lower making a million in such a high tax country .
Honestly its kinda true...its expensive my rent went up from 1300 to 2300 in matter of 1 year....
Really? What’s holding you back from leaving?
That's illegal to do in one year! I'm a landlord and I know it's illegal.
@The_Blessed_Cowboy i live in alberta there is no rental control....stop this bull
@@harlem_777 just cash 💸 recently lost 140k....in sport betting trying to double it....lost it all...
@@simonsays2379 I'm a born and raised Albertan. How long have you lived in that place, when did your landlord decide to increase rent? Was it written? Did the land lord follow the proper steps in order to do so? Just wondering! Calm down
I scaped from Peru twenty years ago for exactly the same reasons. I settled in Canada. This is my Alamo now. We need to resist in the trench until the next elections.
If Trudolf wins again, then I will fly back to Peru.
I’m in Ontario and it’s an absolute shhhh it hole junkies in every park migrants in every building tax to death and home/rent are unaffordable im skilled trades work 40-60hrs a week for a home
Tonnes of Millions left Canada during the pandemic.
I was a member of International Living for several years and just never found a "fit'. I was born here; this is my turf. Any time I traveled, it was joy to return home to YVR. Didn't always live on the west coast, so it's a part of Canada not all or even most of Canada that is for me. It supercedes what 'they' do. 0:14
I have lived all of my 27 years of life in Canada (the GTA) & I can honestly say the man isn't wrong. The video was a taaadddd bit aggressive 🤣 BUT as someone who is working desperately on their exit plan, I cannot disagree.
Canada, UK and US in a mess
RIP Canada
This guy is also an immigrant. Find him at the beach to catch him red handed
Hoping we have a political change soon 😊
Canada should take on Sharia law. In Canada most people seem to have a very nasty passive aggressive attitude. Freeland warned Canadians that bad times were coming. She wasn’t planning to prevent hard times. She is making the hard times.
Many, many thanks for your insights and for your foresight. I retired here (having worked in Asia for an extended time) thinking the country of my birth (Canada) was the country of my inevitable death. Yet here I am now... looking around... Many thoughts. This country my forefathers fought for and many Yes died for whilst thinking "a better life for my kin" as their death breath... This is NOT Now what I see now as I look around me....!
The people will have to band together and get rid of Trudeau nobody is coming to help us get that through your heads!
My family has also decided to leave
Glad I'll be long gone by 2100
Me too
Same
you comment is so reliefing and sad, lol
Just imagine how it feels to split your salary with the government while suffering to pay your rent literally every month.
Canada is fucked, i need out of here
You can't revot in Canada. You didn't know what they did to the truckers.
@nairyartinmechedjian4551 I'm well aware what they did, there will be no revolt. People are scared of the government
My top picks for bull run are DOT, FIL, and SOL. And best ICO to invest is Versidium, huge potential.
i grew up in canada and it really is a disgrace now. just the access people have now to state-sanctioned suicide is so gross, apart from all the theft of my income
Bro i have property in dubai im only here a few days pray i go back to dubai canada is disgusting.
I hate to ask but is it nice in Dubai, I hear a lot of conflicting views on it and wanted to know what’s it like
@kni9ght not great to live from what I've seen and watched. Check out South America..
@@shoshi06 okay, I’ve heard the same from many others and I’m getting a better picture the more data I get, thank you for your input
@@kni9ghtits amazing don't listen to this goon dubai is safe clean cheap restaurants amazing job opportunities beautiful women great infrastructure
@kni9ght It's amazing, my guy zero taxes great amenities
Millionaires own homes and they are some of the most expensive in the world and appreciating everyday. I am a shead autistic. I went abroad for 7 yrs seeking lower rents in Mexico and China. Canada is worse for the poor FFS!
Hey you gotta go you gotta go 💩
😂 but this is happening only because Trudeau is deliberately importing "servants", the undesirable troublemakers from those countries that they themselves keep on a leash. Westerners assume they know better hence this result.
AAA credit 💳 rating 😂
I noticed that since corona, everything changed over night ,not the same country!!
Canada is broken, and so many people are blind to what I'd happening
Immigration could have been a blessing if they had imported only the skilled immigrants and put them in the jobs where they are needed but noooo they had to import millions of international students to maximize profits for banks, colleges, and corporations. Hence wreaking havoc on healthcare system, housing and the job market.
1000000%
Canada is finished. I need to leave once my crypto moons.
Great video 😊
Yah, so which country is perfect paradise? There is none. So just stay where you’re born.
Some are better than others. Canada and pretty much all of the west is doing bad rn, so I'd definitely move while I still can.
And they still call it democracy
Why is everyone talking Polivier going to change anything cutting carbon tax will help don't get me wrong but the system won't change taxes won't change only go up
How he is going to fix it after Trudeau 's spendings open borders, he is helping the illegals than his own people.
I’ll wait to see who wins the US presidency, if Trump gets in then I’ll be US bound
Why are these people not fined or charged for doing this in public, it's not legal here.
@@sinbadandsalty3908 Bylaw officers are afraid to be called a racist. They actually paid a visit to the (indigenous Canadian) local lady who called this out on TikTok.
@@sfrwriter Hogwash, the law needs to be the same for every race👍
You can still make a lot of illegal money in Canada tho.
If millionaires leaving How about middle class people they are going to dig their graves with on hands unbelievable! What’s going on here unbelievable! 😢
Canada is the best ❤
Yes 👍 ❤
I'm poor and was born in Canada. I would never be able to move. After a separation I lost everything 2 years ago and ended up temporarily homeless. Now housed, but will never again own a home, let alone a farm. Poor folks have to just stick it out regardless.
Nah sorry don’t wanna pay a million for healthcare in the US thanks. Got a couple surgeries for free it would have cost 100+ thousand in the US . And I’m 31 pretty young. Nah . Canada 🇨🇦 always . Sorry
Im a Canadian citizen but l have not lived there for 19 years lm happy l have left. I moved to South East Asia, and it has been a much better life style in every way.
The government legislation of all drugs has been a disaster in Canada 🇨🇦 medical system has collapsed cost of housing is beyond possibility for first time buyers it is all so very sad .
total bullshit. Glad you went afar, we don't need anti Canadians. The most of us are doing very well.
It has become a cesspool
What you consider as wealthy saved 200k or couple of millions.
Votes matter, see what happens when you vote wrong. Why leave your home? start voting for the other party.
Completely correct.