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Canada is worse than you think.
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Just two years ago,
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a simple two bedroom apartment in Toronto
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cost on average $2,400.
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Today, that's $3,300.
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An average increase of 25% per year.
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And that's not an outlier.
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In most Canadian cities,
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you would need to earn at least double the minimum wage
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to afford a one bedroom apartment,
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and you could forget about buying.
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In major cities like Toronto and Vancouver.
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like Toronto and Vancouver.
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The minimum income that's required
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to qualify for a mortgage
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is double or triple
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the median household income.
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This makes buying even unattainable
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for the top 10% of earners.
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There is a housing crisis,
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a cost of living crisis,
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and now even an immigration crisis.
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This is a real change from the Canada I know and admire.
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What has happened.
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This is how living in Canada became impossible...
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with Hindsight.
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Justin Trudeau was first elected in 2015
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with a message of positivity.
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He built his campaign on hope,
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and the media often drew comparisons
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with Obama in the United States.
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On his first day in office,
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he entered a Montreal Metro station
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to take selfies with commuters.
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The exchange went viral.
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The atmosphere was exuberant.
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There was a feeling of hope and positivity.
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Trudeau had the second highest approval rating
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of any new prime minister in Canada's history.
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To understand how his approval ratings
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have turned around so dramatically.
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What Canada is in a housing crisis,
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a cost of living crisis,
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and most surprisingly, is now struggling with immigration.
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We need to go back in history.
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Canada is a nation of immigrants.
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In the mid 1800s,
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the population of Canada
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was almost entirely concentrated on the East coast,
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along the Saint Lawrence River and the Great Lakes.
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To its west and north
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lay a vast and sparsely populated area
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that they wanted to populate.
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They used immigration as a tool to build their country.
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They attracted new people with a comprehensive marketing campaign.
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Build your nest in Western Canada,
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was the message,
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calling it the new El Dorado.
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Boatloads of prospective migrants arrived in Canada
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and were vetted by migration officers.
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They were particularly eager to attract talented farmers.
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They could help Canada's westward expansion
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by settling uninhabited areas.
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They built villages
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and turned them into cities,
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attracting commerce and industry.
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Over time, strengthening Canada's grip on the West.
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population centers had emerged all along Canada's southern border.
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They grew from 3 million inhabitants to 9 million.
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These immigrants were selected on merit, but also on race.
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Canada wanted to maintain the status of a white man's country.
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But after World War Two,
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these discriminatory practices came under scrutiny.
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Canada started to build its modern immigration system.
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This was based on a points system.
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Prospective immigrants were scored based on their age,
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education, training, and language skills.
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The basic philosophy is
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that immigrants are selected based on their merit
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and what they can contribute to the country.
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This system is still in place in Canada today,
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making it the oldest immigration system of any country in the OECD.
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An early challenge
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was that an increasingly large
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percentage of newcomers were family members.
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In 1971, economic migrants made up 73%
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and family members 21%.
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But a decade later, this had turned around.
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Family members were seen
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as unproductive consumers of welfare benefits,
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and this prompted the government
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to make entry requirements stricter.
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By 1995, the percentage had dropped to 36%.
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Canada vested a lot of power
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in the federal executive branch of government,
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which makes it possible to respond quickly
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to unwanted flows of migrants.
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They kept identifying weak spots and making improvements.
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And by the early 2000s,
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the system was hailed around the world as one of the best.
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Even Donald Trump had good things to say about it.
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But what was most impressive were Canada's
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exceptionally high levels of public acceptance.
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Immigration, until recently, wasn't a controversial issue.
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two thirds of Canadians believe
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that immigration was a good thing for the country.
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The highest level of any country in the OECD.
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But that wouldn't last.
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Public opinion on immigration has shifted dramatically
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during the last years,
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from people feeling overwhelmingly supportive
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to most people feeling concern.
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During the first four years under Trudeau.
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The population grew at a record pace,
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mostly because of immigration,
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and it slowed during the pandemic.
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And that's where the problem started.
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Canada was facing a host of challenges.
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One of them was a shortage of workers.
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There are difficulties in all major sectors,
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from construction to health care.
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Companies were just unable to find the people with the right skills.
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This was the new Minister of Immigration.
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Fraser, like many before him,
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saw immigration as a tool to fix specific issues.
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The worker shortage, but also demographics.
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All across the Western world
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the population is aging and that is an issue.
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But in Canada, it is extreme.
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In 1971, there were seven people of working age
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for each senior.
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In 2012, this was down to four.
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The projection is that there will only be two workers
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for every retiree by 2036.
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The number of Canadians that are over
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the age of 75 will double over the next two decades,
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while fewer people are entering the workforce.
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This inspired a radical new immigration plan.
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Canada has had a record population growth,
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and they announced to welcome 465,000
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permanent residents in 2023,
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485,000 in 2024,
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and 500,000 in 2025.
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They saw immigration as a race for global talent,
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and they had every intent on winning.
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Their target was to have economic migrants
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make up 60% of newcomers.
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An ambitious goal.
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And they particularly targeted workers in sectors
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with the highest demand like health care, skilled trades,
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manufacturing and technology.
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But when these plans were announced,
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immigration officers were already
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2 million residents applications behind on their work,
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and there was already a shortage of housing.
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But Trudeau and his cabinet members saw immigration as the solution,
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not the problem.
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And in 2023, Canada's population grew
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with the fastest rate in almost 70 years.
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This was the fastest growing population
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of any country in the OECD.
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More extreme voices like the Century Initiative
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lobby to grow Canada's population
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to 100 million by the end of the century.
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The plan was endorsed by a former prime minister,
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and lobbyists included several advisers to Justin Trudeau
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and his cabinet members.
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Public opinion was shifting.
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Whereas in 2022,
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27% of people believed that there
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was too much migration to Canada.
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In 2023, this was up to 51%, and in 2024
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and in 2024 to 58%.
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In July 2024.
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There were protests.
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This was an unusual sight in Canada.
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In 2025, there are federal elections in Canada,
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and Trudeau might lose his seat.
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The government likes to publish figures
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that show how the economy is growing.
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This is technically true,
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but the growth is primarily fueled by a growing population
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per capita growth is down,
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along with individual living standards.
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There is a clear mismatch
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between how fast Canada's population is growing
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and how long they need to supply housing
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and service infrastructures
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like health care and schools.
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This affects all layers of society,
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but this is most acutely visible in the cost of housing.
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The most vulnerable people are people
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with little to spare, like students.
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A story broke about 25 students
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that were living in one basement in Brampton,
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and it went viral.
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The mayor of the city responded
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that they've seen cases like these on a regular basis.
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The number of temporary residents,
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which includes temporary workers
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but also international students, have increased dramatically.
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they numbered 1.4 million,
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and in 2024 this had doubled to 2.8 million.
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Public opinion had now turned against
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Canadian immigration policies,
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and for the first time it had become a controversial topic.
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Trudeau, with elections coming up, needed to act.
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He put Sean Fraser, former Minister of Immigration,
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in charge of housing.
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These decisions were vilified in a comment section on YouTube.
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It's crazy that people believe the guy that got us into this mess
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is the guy that's going to get us out.
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Too little, too late.
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You cannot be the solution to the problem you created.
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Fraser is in an awkward position.
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Perhaps letting in 9 million new Canadians
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before homes were built for them
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had a little to do with this problem.
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A majority of people now disagreed with immigration policies.
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They were angry and frustrated by the cost of living crisis,
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and immigrants felt that they were unfairly
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portrayed as the cause of the problem.
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Trudeau's approval rating dropped in September 2024
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to just 33%,
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and only 26% favored him as the Prime minister.
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He had to turn this around.
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Trudeau announced that they'll change course
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the lower the number of new arrivals
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to slow population growth.
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He admitted he was wrong.
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When he took office, there was already a three decade long
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lack of investment in affordable housing.
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There were building challenges and supply chain issues.
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But as PM, he bears the burden of responsibility.
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It was his choice to allow entry
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to such large numbers of immigrants,
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growing the population
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and adding pressure to the housing market.
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The affordability of housing
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and the cost of living in general
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are very visible signs of a deteriorating living standards.
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In 2019 19% of Canadians
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felt that Canada was extremely unequal.
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That is now up to 38%.
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To the question whether the cost of living is now worse,
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the number rose from 66% in 2019 to 84% in 2024.
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And I'm still just scratching the surface.
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Canada, this was a real change.
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I hope that you learned something or found this video entertaining.
16:13 - 16:15
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that helps me with any questions that I have.
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But one of the things that you told me
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is that 95% of regular viewers on the channel
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and it's not really my style to ask for likes and subscribes,
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if you would subscribe to the channel
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