I don't see that as a bad thing. It forces us to rebuild rather than keeping an insane system going.
You know what this means?
House prices tanking making it easier for Canadians to start families.
Commercial rental rates tanking making it easier for Canadians to start businesses.
The bad kind of foreign investment (land, commercial properties, rental properties, houses) fleeing the country and the good kind of investment (businesses, resource development) becoming attractive again.
Then there's what it did for the state of Canadian families. There is nothing like staring death in the face to remind you of what's important. Every family in the country grew tighter during this affair.
Oh, and everyone's wife is now pregnant. That drinking and only being able to hang out together part of the pandemic resulted in a lot of the old "who even cares, let's go unprotected. This could be my last one I'm certainly not spending that one pulling out."
Canada was in trouble. I'm not sure that still applies. We aren't a people who have problems rebuilding and making a better future.
The problem is unlike Australia we're bring in more immigrants to flood the market with cheap labour. There is no economic revival. The Fed's don't plan to shore us up or make us a more desirable country to do business with.
The plan is to utterly fuck us so that little potato gets his dictatorship. Expect interest rates to sky rocket, I'm calling 20% unemployment, more taxes and more regulatory burdens & costs to start or continue operating a business.
I don't even know about that.
Traditionally, foreign investors have loved Canada because it has been a safe bet when it comes to their investments.
Canada is no longer a safe bet. It's 1830 all over again.
Sometimes a crash is what a nation needs.
I don't see that as a bad thing. It forces us to rebuild rather than keeping an insane system going.
You know what this means?
House prices tanking making it easier for Canadians to start families.
Commercial rental rates tanking making it easier for Canadians to start businesses.
The bad kind of foreign investment (land, commercial properties, rental properties, houses) fleeing the country and the good kind of investment (businesses, resource development) becoming attractive again.
Then there's what it did for the state of Canadian families. There is nothing like staring death in the face to remind you of what's important. Every family in the country grew tighter during this affair.
Oh, and everyone's wife is now pregnant. That drinking and only being able to hang out together part of the pandemic resulted in a lot of the old "who even cares, let's go unprotected. This could be my last one I'm certainly not spending that one pulling out."
Canada was in trouble. I'm not sure that still applies. We aren't a people who have problems rebuilding and making a better future.
The problem is unlike Australia we're bring in more immigrants to flood the market with cheap labour. There is no economic revival. The Fed's don't plan to shore us up or make us a more desirable country to do business with.
The plan is to utterly fuck us so that little potato gets his dictatorship. Expect interest rates to sky rocket, I'm calling 20% unemployment, more taxes and more regulatory burdens & costs to start or continue operating a business.
I don't even know about that.
Traditionally, foreign investors have loved Canada because it has been a safe bet when it comes to their investments.
Canada is no longer a safe bet. It's 1830 all over again.
Sometimes a crash is what a nation needs.