Richard White
Senior Member
Tell the US to kick rocks.
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- Thread starter King of Kensington
- Start date
Tell the US to kick rocks.
kEiThZ
Superstar
You're deflecting. And you know it. Every country has had inflation because of COVID. Not that many countries have seen the kind of shelter cost inflation we've seen in Canada, over the last few years.
kEiThZ
Superstar
Do you know how our economy works? We'd all be poorer if trade was cut with the US.
Richard White
Senior Member
I know how the economy works but a bad deal for the sake of having one is not to anyone's benefit.
kEiThZ
Superstar
This is bang on:
The Liberals are lowering carbon taxes and raising immigration. They should do the opposite
www.theglobeandmail.com
The Liberals are lowering carbon taxes and raising immigration. They should do the opposite
Opinion: The Liberals are lowering carbon taxes and raising immigration. They should do the opposite
When a large share of new arrivals are recruited precisely because they’re low-wage workers, that spells lower growth in average living standards, not to mention higher inequality
www.theglobeandmail.com
Northern Light
Superstar
On income inequality in Canada, (which is not the only measure of standard of living, lets be clear) there is a measure for that. Its called the Genie Coefficient. The lower the number, the closer you are to equality.
Here's the 2000-2021 statistic for this, for Canada:
www.statista.com
So, remarkably consistent for 19 years, then inched downward in the pandemic. Arguably, a good thing) this would be the impact of CERB.
So where are we now?
So, in a post CERB world, we're looking at the highest level of income inequality recorded in Canada since at least 1999, or in 24 years.
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So how is our southern neighbour doing?
Well, they have higher inequality than us, as they have for many years.......but their Genie coefficient in 2023 is pegged at 0.41; notably this compares to 0.47 in 2020.
The decrease there coincides with significant wage pressure at the low end of the income spectrum in the U.S.; something that also coincides with the U.S. taking in fewer foreign students, fewer refugees etc. Resulting in labour shortages where wages rise.
Here's the 2000-2021 statistic for this, for Canada:
Measure of income inequality in Canada | Statista
This statistic shows the Gini coefficient of Canada from 2000 to 2021.
www.statista.com
So, remarkably consistent for 19 years, then inched downward in the pandemic. Arguably, a good thing) this would be the impact of CERB.
So where are we now?
So, in a post CERB world, we're looking at the highest level of income inequality recorded in Canada since at least 1999, or in 24 years.
****
So how is our southern neighbour doing?
Well, they have higher inequality than us, as they have for many years.......but their Genie coefficient in 2023 is pegged at 0.41; notably this compares to 0.47 in 2020.
The decrease there coincides with significant wage pressure at the low end of the income spectrum in the U.S.; something that also coincides with the U.S. taking in fewer foreign students, fewer refugees etc. Resulting in labour shortages where wages rise.
kEiThZ
Superstar
CERB was initially a great program. They just keep it around for far too long without qualification. This eventually led to lots of abuse and all of that money, coupled with record low rates went straight to the place capital always goes in Canada: housing. The real irony? The laptop class got richer during the pandemic. The heroes who stocked grocery shelves and drove out buses suffered health and economic losses.
Support in the US was both less substantial and more targeted (since a lot ran through businesses). Weirdly this was more likely to reward and protect workers and the immigration restrictions from the Trump era, only made demand for labour soar, improving benefits for workers.
Support in the US was both less substantial and more targeted (since a lot ran through businesses). Weirdly this was more likely to reward and protect workers and the immigration restrictions from the Trump era, only made demand for labour soar, improving benefits for workers.
lenaitch
Senior Member
So you're saying we could have negotiated a better deal. I wonder what leverage we could have brought to the table to bring the US to its knees.
Quite frankly, most agreements with US are largely a shell anyway. Even if they sign on, they will do what they please anyway (pushed by lobby groups) and gain at least a measure of concession from the tribunals. I'm not sure they ever actually completely lost a trade dispute.
kEiThZ
Superstar
Ministers just out there openly admitting to using international students to suppress wages.
kEiThZ
Superstar
Of all their legacies, this Liberal government is probably going to be most remembered for breaking the Canadian consensus on immigration.
www.economist.com
Canadians are starting to sour on migration
So far, it has not led to a populist right-wing surge
Richard White
Senior Member
Of all their legacies, this Liberal government is probably going to be most remembered for breaking the Canadian consensus on immigration.
Canadians are starting to sour on migration
So far, it has not led to a populist right-wing surge
As I said, this is ammunition for an election.
The CPC and NDP can take it and run with this. Before you say it cannot happen and that the NDP would not side with the CPC against the Liberals there is precedent.
In November 2005, the CPC, Bloc and NDP sided against the Liberals to force an election. Back then, it was the Sponsorship Scandal that forced their hand but now it is immigration.
There is precedent and I can see an election being called. With the Carbon Tax, Immigration and Housing Crisis it is a no brainer. The CPC and NDP have the Liberals dead to rights.
See here: https://www.cbc.ca/archives/the-vote-that-toppled-paul-martin-s-minority-government-1.4913662
Admiral Beez
Superstar
My Canadian colleagues of Indian ethnicity tell me it’s even worse for them. As society now sees them and their Canadian-born adult children as default cheap, semi or unskilled labour to be hired and paid as such, even if they have advanced stem degrees from Canadian universities. Trudeau is burning bridges everywhere.
afransen
Senior Member
This is just a disgusting form of head tax to fund our bloated post secondary institutions. Bring in indentured servants who work to pay off their head tax (tuition) in exchange for the possibility of becoming a citizen in time.
afransen
Senior Member
As someone who does hiring, I definitely make the distinction between people who have relevant degrees from Canadian (or Western) institutions vs a degree from India with a 1 year business diploma in Canada. My struggle with the latter group is that some of them might be good candidates but it is very hard to determine if they are BS'ing you, especially if there is a bit of a language barrier.
kEiThZ
Superstar
This is exactly how I feel. Especially after living in the US and seeing how Mexican Americans are treated there. There's a reason so many Mexican Americans are Trump supporters and vociferously opposed to illegal immigration. It's because of what that immigration has done to perceptions of their community.
It's even worse for Indians in many ways because Indians are so diverse. I, as somebody of South Indian heritage, have very little in common with most North Indians. Brampton is almost as foreign to me, as it would be to you. Yet a white guy might look at me and lump me right in with the Punjabis who live in Brampton.
I think the LPC is really going to be surprised by the backlash amongst immigrants themselves, next election. Even among Indians, the current crop of immigrants is far more diverse than just Punjabis and many of them have lived through India undergoing an economic transformation after ditching a lot of socialist policies. To many of these people, Trudeau and the Liberals reminds them of the Nehru-Gandhi INC dynasty.