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Canada can use more doctors , farmers and military specialists for Canadas defense . Educated professionals are welcome here to help replace the ageing boomer gen.
@SaltyShaman haha yeah the private public partners gotta go. No place for them in government or sitting down together to determine what the worlds pressing issues are. That's not how a democracy works. But hey they keep claiming they have to save it. Lol.
not going to purchase a house anywhere in canada for half a million knowing what the government did to this country. Tents everywhere to the point where they are circling the houses and parks, and who knows who is living in them.
Brockville ontario has alot of nice family homes floating around 300-400k. I paid 317 for a 3 bed 2 bath detached garage in 2022 and the market has not changed much. Leave the large cities and you can own real estate
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.
What impresses me most about Stella Cornwall is how well she explains the basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades
Stella Cornwall stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!
The benefits for them are tremendous once they land. Here's your welfare cheque and your health care card. When they manage to find a job at Tim Hortons, the government will subsidize their wages and make you and I pay for it.
I just did a little math for fun. In Calgary there are 0 i say again 0 single detached homes under $585,000. All of the 5 houses i did see between 585 and 615 were all in the ghetto (Forest Lawn and Erin Woods for those who know). If i was crazy enough to buy them it would cost me $2300 a month for 25 years. I am a medical professional in emergency medicine and I cant afford that without cutting almost everything else out, nevermind property tax and upkeep. Its insane that I will literally NEVER be able to afford a house in my home town.
opposite problem. many are willing to work harder for less and less. its a race to the bottom of the barrel just as corporations want -- among the working class that is.
Ukrainians build Alberta. And have done lots for Canada. You shall be greatful for these Ukrainians. Number of Ukrainian refugees only 210 thousands. However about one million visas were issued Ukrainians do not rush for free food and accommodations, not like some from East.
Crash is not some quick dip and back to normal. As Japan shows, a crash could span decades. 30+ years and running in their case. During that time, living standards keep falling.
Yes ! Only this time it will be much more harsh as it should have happened long before . It will take much longer this time to recover as the world economies are changing fast .
London Ontario 20% drop in houses. Million-dollar homes were first to go at 1.8 to the average 1.3. and then the average home which was like $730,000 to $637,000.
what's the point. you are simply going to re-elect some chump from the three lib-cons-ndp uni-party that serve the same corporate masters. ...and then be right back here saying time for xyz to go.
LUKE - Companies buy residential dwellings (houses, apartments, etc) and amortise this on their P&L over a longer time than the average person can afford (or live). They then take this as a loss against annual profits, meaning they do not pay tax over a longer time period that they accumulate wealth, basically making their purchase in the residential market a hedge against ever paying tax. They then rent out the units, like leasing a car, You will own nothing and they will be happy. I am surprised no financial person has ever explained this. Anyone that can read an Income Statement or knows anything about corporate tax can clearly understand this. And therefore knows the direction this is headed AND can explain it in simple terms.
"Change happens when the pain of staying the same is greater than the pain of change" ... should be a shoe in for Pierre Poilievre and the Conservative party!
I'm so glad I have no mortgage. I'm retiring in a few years, and I'm going to move to a small town to escape diversity. Canada is becoming a 3rd world sh!thole thanks to Trudeau.
Excellent report; clear and concise graphs and commentary. Canadians know it's bad out there and the Liberals fail to show the full supporting data so it's difficult to gauge the size and implications of this boondoggle.
That and the fact that they don't know either if, where and what is about to crash. Bank of Canada governor is a guy flying the economy by the seat of his pants 🩳.
IF WE CONTINUE LIKE THAT, WE ARE GOIN TO BE WORSE. IF WE ARE GOING TO CHANGE, LEARNING FROM MISTAKES, WE WILL BE OK STARTING WITH 2027. WHY 2027 AND NOT 2026 OR 2025?
Where did you get those numbers? Canada never dropped below 250k immigrants for all the Harper years during the recession of 2008. That does not include refugees, student visas and temporary work permits then as now. It has gotten far far worse since then.
Estimated 5 million illegals have run over the southern border since Biden has been president.
2 месяца назад+1
220k? It was studied in 2016 and found you brought in 1.2m back then. It is closer to 1.6-2m currently. You are replacing the entire population of Toronto every year. Its the most extreme genocide ever recorded and the world doesnt care because you are too white. They call white genocide diversity.
Years ago Ottawa was becoming alarmed about the low birth rate across Canada. The population was not growing fast enough to support the upcoming Grey Tsunami and workplace replacement from the high level of Boomers retiring. Hence the push for immigration in Third World Countries to Canada, where large families are the norm.
other way around. banks having taken over the govt got them to implement a debt based monetary system where keeping the population indentured in debt of all kinds is profitable to the bankss. that resulted in a fall in family formation and fewer children as the people could not afford to start familiies despite working harder and longer. basicallly exploitation of the citizenry by banking crooks with the approval of govt. what you have written is the official narrative which conveniently leaves out the above. in recent times, that plan has been amplified.
It's worse we got retirement that will dwarf employment. The imports are a cover for that problem short term. How you ask short term spike in home sales but like the states the problem will show in business reality and rentals. Just saying if you only quote a banker you will never get to the real problems.
Real talk, I’d say numbers are closer to 60 million when all the dust settles. I live in small town Canada and we’ve doubled in population because of immigration
I started listening to you more than two years ago. I agree with most what you said. However, I could not agree with your assessment that Calagry real estate would crash. I kept saying while other parts of Canada was in danger but calgary was going to be good. The calgary real estate market was safe based on the depression we experienced in Calgary and recovery of oil gas market. I am a very experienced investor and I did not make this claim lightly. I said it because I had done comprehensive analysis and I have three investment properties. Real estate market has a time frame so your claim was proven wrong after two and half years. The rise on the nominal value is more 40%. On going forward basis, Calgary real estate will slow down but not as risky as other parts of Canada.
@@captainvanaroo1729 Canada is pretty bad economically. Calgary just happened not able to catch last housing bubble due to oil bust and Trudeau sabotage. Things need to change and people need to wake up. We are blessed with so much wealth but Canadians are not taking advantage of.
For all the dormers out there - financial post just has an article, Canadian family net worth is now on average over $1m, over half of it in financial assets like the stock market. For all the gloom, most families are doing very well, that’s why the crash never happens.
“ have saw” 2:56. You said it twice. How about Present Perfect “have seen”? Why don’t you know this? I bet you say “have went”, “ have ran”, “ have came” instead of “ have gone”, have run”, “ have come”. I’m hearing this everybday all day. Since when have people suddenly forgotten the Past Participles of Irregular verbs? In the past there was always some uneducated person that didn’t know them like the Beverly Hillbillies but now it seems like everyone. NEWS FLASH: You are no longer speaking English but a kind of Pidgin English. There is no excuse for this especially someone speaking with a British accent.
I drove a CEO of RBC from airport we chatted thanks to people like you he told me what RBC is being told by government of Canada who they cannot invest money too. That would be the real money Oil national gas mining and lumber. But must do more in real-estate. He said in plan words RBC is fucked.
![Oscar Maydon x Fuerza Regida - Tu Boda [Official Video]](http://i.ytimg.com/vi/_ymicn0_GYc/mqdefault.jpg)
Do you think immigration distorts the economy?
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Usury is a sin
@@MarketManiaCA It's quite obvious that it does
Canada can use more doctors , farmers and military specialists for Canadas defense . Educated professionals are welcome here to help replace the ageing boomer gen.
Destruction of Canada brought to you by McKinsey and BlackRock*s Century Initiative program.
When you have people in charge of the economy that think the budget will balance itself, this is what you get.
Unfortunately,that is what Canadian election determined.
@SaltyShaman haha yeah the private public partners gotta go. No place for them in government or sitting down together to determine what the worlds pressing issues are. That's not how a democracy works. But hey they keep claiming they have to save it. Lol.
Recession? It is like a depression. People have nowhere to live. People lined up at food banks...
not going to purchase a house anywhere in canada for half a million knowing what the government did to this country. Tents everywhere to the point where they are circling the houses and parks, and who knows who is living in them.
Depression = Canada
TRUE!
@@FUD-o8u Have to agree on this. We Calgarians experienced it already, thanks to Trudeau.
If you make 100,000 a year. Then you qualify for $400,000 mortgage. What will that buy???
Nothing..
A shed
Crack House
@@MarketManiaCAit is a complete joke…the standard of living is just wow..
Whole country is a joke get these ‘leaders’ out of here by voting
Brockville ontario has alot of nice family homes floating around 300-400k. I paid 317 for a 3 bed 2 bath detached garage in 2022 and the market has not changed much. Leave the large cities and you can own real estate
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.
I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?
Having a discussion with financial advisors such as Stella Cornwall is highly recommended for adjusting your portfolio.
I totally agree! Her transparency is something I really admire. She's open and honest about everything.
What impresses me most about Stella Cornwall is how well she explains the basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades
Stella Cornwall stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!
It scares me to think how much damage will result from us waiting one more year until Trudeau is gone.
In the old days, it was boatloads, now a planeload every 2 minutes likely lands somewhere in Canada..
The benefits for them are tremendous once they land. Here's your welfare cheque and your health care card.
When they manage to find a job at Tim Hortons, the government will subsidize their wages and make you and I pay for it.
Another top-notch video with great information. Many Thanks
I think I’ll be heading to the Caribbean or South America can’t see myself staying here over the long term
My plan is to head to Spain. I know I will be able to buy a nice property for cheap, much lower all around costs, nice weather and better health care.
Europe is a failing continent but Spain would be good to visit
@@YoBoyMarcusBrilliant plan, first buy a time machine because the cheap spain you are talking about, no longer exists.
@@vizcachu Of course it does. I've been looking at real estate. It's half the price of Canada.
@@YoBoyMarcus
How will you make a living?
And how will you move there to stay? Under what visa.
I just did a little math for fun. In Calgary there are 0 i say again 0 single detached homes under $585,000. All of the 5 houses i did see between 585 and 615 were all in the ghetto (Forest Lawn and Erin Woods for those who know). If i was crazy enough to buy them it would cost me $2300 a month for 25 years. I am a medical professional in emergency medicine and I cant afford that without cutting almost everything else out, nevermind property tax and upkeep. Its insane that I will literally NEVER be able to afford a house in my home town.
Take that degree and move south of the border. It will be many years before it comes back if ever in Canada.
Too many newcomers from Pakistan and India now in Canada. Mostly unemployed and living off government hand-outs
@@ivobiancucci4528 Or taking White Canadians jobs because of the Turd subsidizing their wages to the big corporations
You forgot about the 1 million Ukrainians that just arrived.
opposite problem.
many are willing to work harder for less and less.
its a race to the bottom of the barrel just as corporations want -- among the working class that is.
Ukrainians build Alberta. And have done lots for Canada. You shall be greatful for these Ukrainians. Number of Ukrainian refugees only 210 thousands. However about one million visas were issued Ukrainians do not rush for free food and accommodations, not like some from East.
Absolutely
Im watching The BigShort. Everything happening in the movie is happening now in Canada
This place is fast becoming an overpriced slum for the majority!
A Drama teacher who got in only because the young people wanted leagalized weed.
Great content! Ty.
Who would think a Drama teacher wouldn't be great at running a country? LMOA. 😂😂😂😂😂😂 Party boy trudeau
People got exactly what they voted for.
Used to party at Pickton's Piggy Palace.
Hey the people got what they wanted decriminalized weed, only reason the liberals got voted in
Kicking the can down the road again, it's time for an all out crash get it over with so we can move on. And get rid of Trudeau too.
Crash is not some quick dip and back to normal.
As Japan shows, a crash could span decades.
30+ years and running in their case.
During that time, living standards keep falling.
Yes ! Only this time it will be much more harsh as it should have happened long before . It will take much longer this time to recover as the world economies are changing fast .
Shocking ? No. Expected ? Yes Predictable ? Definitely
London Ontario 20% drop in houses. Million-dollar homes were first to go at 1.8 to the average 1.3. and then the average home which was like $730,000 to $637,000.
All by design
exactomundo
Time to go Trudeau!!
what's the point.
you are simply going to re-elect some chump
from the three lib-cons-ndp uni-party
that serve the same corporate masters.
...and then be right back here saying
time for xyz to go.
Turd = treason , Turd for prison
Somalia ... with frostbite!
LUKE - Companies buy residential dwellings (houses, apartments, etc) and amortise this on their P&L over a longer time than the average person can afford (or live). They then take this as a loss against annual profits, meaning they do not pay tax over a longer time period that they accumulate wealth, basically making their purchase in the residential market a hedge against ever paying tax. They then rent out the units, like leasing a car, You will own nothing and they will be happy. I am surprised no financial person has ever explained this. Anyone that can read an Income Statement or knows anything about corporate tax can clearly understand this. And therefore knows the direction this is headed AND can explain it in simple terms.
Nice introduction.....by ( market Mania) channel ...thanks for sharing
Depression like back drop.
front drop
Shocking??!! Only to those who dont live in the real world!!
Canada is last place in the g7.....dragging down the g7 LOL. BRICS+ leads the way!!!!
"Change happens when the pain of staying the same is greater than the pain of change" ... should be a shoe in for Pierre Poilievre and the Conservative party!
Keep electing chumps from the 3 lib-con-ndp Uniparty.
Watch your living standards continue to dive.
It's not shocking to anyone with more than three brain cells.
I'm so glad I have no mortgage. I'm retiring in a few years, and I'm going to move to a small town to escape diversity. Canada is becoming a 3rd world sh!thole thanks to Trudeau.
I just bought 66 canadian silver maple leafs. My assests are going up.
I do the same. Every paycheck, i buy 5 ounce silver . Sometime gold, if i got extra and i even into crypto.
With low wages, comes lower inflation!
Excellent report; clear and concise graphs and commentary. Canadians know it's bad out there and the Liberals fail to show the full supporting data so it's difficult to gauge the size and implications of this boondoggle.
That and the fact that they don't know either if, where and what is about to crash.
Bank of Canada governor is a guy flying the economy by the seat of his pants 🩳.
How has the housing market so blown out of proportion? Look no further than companies like Vanguard along with the Bank of Canada and CMHC.
shameful
Hate this once amazing country!
Duh! 🙄
IF WE CONTINUE LIKE THAT, WE ARE GOIN TO BE WORSE.
IF WE ARE GOING TO CHANGE, LEARNING FROM MISTAKES, WE WILL BE OK STARTING WITH 2027.
WHY 2027 AND NOT 2026 OR 2025?
What's Canada going to do when real estate crashes?
Start exporting curry
link is coming up lame when shared
Not "shocking" since we all saw this coming.
Any good news.mate???
Lol most of his videos negative 😂
lol
Meh wont get the clicks!
More immigrants are coming
Toronto Vancouver house prices ll go down %90 imminent
We let in 220,000 immigrants in Canada, by contrast the entire USA only ket in 45,000....
Where did you get those numbers? Canada never dropped below 250k immigrants for all the Harper years during the recession of 2008. That does not include refugees, student visas and temporary work permits then as now. It has gotten far far worse since then.
Estimated 5 million illegals have run over the southern border since Biden has been president.
220k? It was studied in 2016 and found you brought in 1.2m back then. It is closer to 1.6-2m currently. You are replacing the entire population of Toronto every year. Its the most extreme genocide ever recorded and the world doesnt care because you are too white. They call white genocide diversity.
and 2 milion students.mostly from india
Your numbers are off by a factor of 10.
hand out toilet paper and economy will boom.
Lending ll b stop
Cuz all banks bancrupted
Years ago Ottawa was becoming alarmed about the low birth rate across Canada. The population was not growing fast enough to support the upcoming Grey Tsunami and workplace replacement from the high level of Boomers retiring.
Hence the push for immigration in Third World Countries to Canada, where large families are the norm.
other way around.
banks having taken over the govt got them to implement a debt based monetary system
where keeping the population indentured in debt of all kinds is profitable to the bankss.
that resulted in a fall in family formation and fewer children
as the people could not afford to start familiies
despite working harder and longer.
basicallly exploitation of the citizenry by banking crooks with the approval of govt.
what you have written is the official narrative
which conveniently leaves out the above.
in recent times, that plan has been amplified.
They made zero effort to increase the natural birth rate. Its the Kalergi Plan.
Usury is a sin
Alberta is a financial disaster just waiting to happen.
It's worse we got retirement that will dwarf employment. The imports are a cover for that problem short term. How you ask short term spike in home sales but like the states the problem will show in business reality and rentals. Just saying if you only quote a banker you will never get to the real problems.
Real talk, I’d say numbers are closer to 60 million when all the dust settles. I live in small town Canada and we’ve doubled in population because of immigration
I started listening to you more than two years ago. I agree with most what you said. However, I could not agree with your assessment that Calagry real estate would crash. I kept saying while other parts of Canada was in danger but calgary was going to be good. The calgary real estate market was safe based on the depression we experienced in Calgary and recovery of oil gas market. I am a very experienced investor and I did not make this claim lightly. I said it because I had done comprehensive analysis and I have three investment properties. Real estate market has a time frame so your claim was proven wrong after two and half years. The rise on the nominal value is more 40%. On going forward basis, Calgary real estate will slow down but not as risky as other parts of Canada.
Luke is in the fear porn industry what you expect if things where great in Canada Luke would be broke.
@@captainvanaroo1729 Canada is pretty bad economically. Calgary just happened not able to catch last housing bubble due to oil bust and Trudeau sabotage. Things need to change and people need to wake up. We are blessed with so much wealth but Canadians are not taking advantage of.
It's coming down to reality soon. Do not be fooled by the pumpers manifesto.
Believe in King Yeshua, that's the only investment worth beginning from
Why are you still living there 😂
For all the dormers out there - financial post just has an article, Canadian family net worth is now on average over $1m, over half of it in financial assets like the stock market. For all the gloom, most families are doing very well, that’s why the crash never happens.
Um have you looked around. Canada was never like this. How can you not see it? I know commies/liberals like living this way but reality is reality.
“ have saw” 2:56. You said it twice. How about Present Perfect “have seen”? Why don’t you know this? I bet you say “have went”, “ have ran”, “ have came” instead of “ have gone”, have run”, “ have come”. I’m hearing this everybday all day. Since when have people suddenly forgotten the Past Participles of Irregular verbs? In the past there was always some uneducated person that didn’t know them like the Beverly Hillbillies but now it seems like everyone. NEWS FLASH: You are no longer speaking English but a kind of Pidgin English. There is no excuse for this especially someone speaking with a British accent.
bell end.
what is that report telling us
that we don't already know.
Why can’t Canada get more immigrants that are from the countries have the same values
Deport time
I drove a CEO of RBC from airport we chatted thanks to people like you he told me what RBC is being told by government of Canada who they cannot invest money too.
That would be the real money
Oil national gas mining and lumber.
But must do more in real-estate.
He said in plan words RBC is fucked.