Canada’s Corrupt Political Class

In last week’s cabinet shuffle, Prime Minister Justin Trudeau promoted Sean Fraser, one of his government’s rising stars, from immigration to housing. His job in this new portfolio is to fix the problem he contributed to in his old one.

Mr. Fraser must find a way to ease this country’s critical housing shortage, a problem the Liberal government is stoking by bringing in more than a million newcomers a year to Canada.

High levels of immigration bring growth, energy and confidence to our country. But they also bring problems. Mr. Fraser must fix the worst problem of all, or risk undermining the Canadian experiment.

Immigration benefits no one save the Corporate  and permanent political class, they love importing new slaves.

A smaller piece of the pie is all you’ll get for your labours meanwhile Trudeau and his cronies will line their pockets.

Reduced wages, shortages of housing, overwhelmed education, public tranit, healthcare and a fragmented low trust society are features not bugs.

They want you poor and afraid.

If Canada’s population boom continues at its current frantic pace, interest rates will face upward pressure and the massive influx of people will significantly worsen affordability for homebuyers and renters, a new report from TD Bank warns.

And the bank’s economists are calling on the federal government to restore “balance” to its immigration policies.

That rapid growth has helped employers fill job openings and propelled Canada to become the fastest growing economy in the G7, but it is also causing “dislocations in other segments of the economy,” including the housing market, health care, social services and infrastructure, that threaten to undo the benefits, the report’s authors warn.

It’s pretty bad when even the porkers of Canada’s corporate class are saying STOP.

People can’t afford rent never mind even dream of owning a home but Trudeau always has money for Corpoarate welfare cases if it “advances” his green-scam.

… Hejazi, who recently wrote a book about Canada’s slouching prosperity, agreed and added that government protectionism of the country’s biggest industries is another leading factor: “Companies are only as productive as they need to be,” he said — by shutting down competition, Canada is “killing innovation” as companies grow complacent.

“If you look at the three major industries in Canada: Telecom, air transportation and finance — I can go further and say dairy and even grocery — all of these industries are extensively protected from competition,” Hejazi said. As a result, these companies “don’t need to move the needle” in order to pull in profits.