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/biz/ - Business & Finance


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54512068 No.54512068 [Reply] [Original]

when will Canada's economy finally collapse.

>> No.54512285
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54512285

>>54512068
2 more weeks?

>> No.54512700

>>54512068
>checks countries with growing populations
never

>> No.54512786

i feel no loyalty to, patriotism for, or feeling of belonging in my home country of canada.

>> No.54512817
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54512817

>>54512786
At least you know your country is shit, unlike americucks who are delusional.

>> No.54512840

>>54512786
good now you can transcend the nation state mindset and move into sovereign individualism. Become the Cyber Knight you always knew you were.

>> No.54512847

>>54512700
yeah idk man that's going to backfire pretty hard

>> No.54512848
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54512848

>>54512068
>when will Canada's economy finally collapse.

It already has in some ways.

Small businesses destroyed. Majority of new jobs / hires are with the government. Large swaths of the population unemployable mentally ill drugged up losers on stealth-UBI. Government policies continue to pump up living costs and inflation with no end in sight.

https://www.ctvnews.ca/canada/union-representing-35k-cra-workers-vote-in-favour-of-strike-1.6347043

https://www.theglobeandmail.com/business/article-canada-self-employed-workers/

>> No.54512857

>>54512840
but i'm just a scripted chatbot programmed by russians to sow dissent and demoralization on western social media. can i ever learn to love?

>> No.54512860
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54512860

>>54512840
>into sovereign individualism.

This unironically is the way.

>> No.54512928
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54512928

>>54512848
> One in three Canadians believe grocery store price gouging is the main reason for food price increases: survey

> Commercial real estate in down town Ottawa at 20% vacancy

these are some of the headlines I've seen this week along with countless reddit post whining about rise cost of living and people not knowing what to do. The Canadian experiment is going to come to a cataclysmic conclusion. We are the most indebted population per capita of the G7 nations. People here have fully absorbed the state's "greedflation" narrative and the BoC has not a single ounce of gold. The hyperinflationary contraction will be profound here. And the funniest part of all of it as that when most of the middle class populace is destitute they will demand the government intervene and save them.

>> No.54512977
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>>54512928

If you go to the Leaf Liberal Hive Mind at r / canada it is interesting. They seem aware that infinite immigration is causing housing to go up. But stopping it is out of the question because racism. Have this bizarre fixation on LOBLAWS being the source of all inflation in the economy. The policies that they support are hilariously causing their own demise.

>> No.54512988

>>54512928
>The Canadian experiment is going to come to a cataclysmic conclusion.

The future for the bugman is the coming CBDC-UBI-MAID pipeline.

>> No.54512997

>>54512700

pretty much any country in africa?

>> No.54513022

>>54512857
wrong, i am a western chad who has moved country thrice already and will do it again in the next 5-7 years. I will ultimately have a house in globohomo nations, rogue nations and a boat for the catch me if you can moments.
>>54512997
yes, hence the bbc porn and race spam

>> No.54513033

Canada's electricity grid absolute third-world tier. I've experienced many black-outs while living in toronto. I'v experienced zero black outs while living in china

>> No.54513217

>>54513033
>compares an ancient global civilisation to a small outpost where pajeets come to make money
Lol

>> No.54513244

The Ponzi scheme will never end.

>> No.54513245

>>54513217
>ancient global civilization
We were robbing the USA, China, Canada, Australia, Europe... anybody that would lever up the nation to spend was being robbed.

>> No.54513426

>>54512068
it is inevitable when leaving the francophone unchecked

>> No.54513499

>>54512857
why would russians need bots to reiterate the sentiment most young men in the west are already feeling

>> No.54513589

>>54512068
Technically Canada's economy collapsed in 2008. Adjusted for the CPI Inflation rate Canada had no growth since 2008 in all sectors except for one...housing.

>> No.54513595

>>54512700
SPBP. There's billions of people they can still bring here, they're more than happy to stuff 30 Indian wageslaves into one housing unit and charge $10K a month. Boomers sold the whole country.

>> No.54513599

>>54512977
If you want to see what full retard looks like see r/CanadaPoitics. Sheer lunacy.

>> No.54513751
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54513751

>>54513599
>r/CanadaPoitics

Never heard of it. Will check out.

>> No.54513769

>>54512068
Have faith, fellow leaf.
EVERY
BUBBLE
MUST
POP

>> No.54513772

>>54513599
>r/CanadaPoitics

Tax tax tax. Regulate regulate regulate. Antivaxxer bad. Doug Ford bad. Tax. Regulate. Over and over again.

>> No.54513936

>>54512068
As someone who's lived their entire life in Florida, this looks fucking beautiful.

>> No.54513949

>>54513936
Canadas nature is amazing. The people suck.

t.Toronto anon

>> No.54513968
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54513968

>>54512786
then leave
canada mogs most of all three worlds. the thing that sucks most about canada is the american influence and car-centric planning

>> No.54513983

>>54512977
To be fair, it's fucking bonkers that groceries in this hellhole are controlled by 2 companies. Still not the main cause, but I'm sure it's a factor.

>> No.54514020

>>54513968
>car centric planning
We got one

>> No.54514024 [DELETED] 

>>54513968
>the thing that sucks most about canada is the american influence and car-centric planning
No, the thing that sucks most about Canada is the mass influx of cheap third world labor, along with our faggot PM.
Mo shitskins, mo problems.

>> No.54514033

>>54512068
When’re the USA collapses

>> No.54514102

>>54513983
>To be fair, it's fucking bonkers that groceries in this hellhole are controlled by 2 companies. Still not the main cause, but I'm sure it's a factor.

Profit margins on grocery are low and no one can find any evidence that they have raised over the last few years. Like 1-3% margins. Profits have increased because they are moving more product as people eat at home more and eat out less. Plus profits up from pharma, non-food items and business optimization. Left / lib / progs are free to start a grocery store chain with near zero profit margins that is owned by the workers and provide a living wage. They are free to show the world how it is done.

>> No.54514125

>>54513968
>car-centric planning

A commie American larping as a leaf telling heritage Canadians to leave. Disregard.

>> No.54514728
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54514728

>>54512068
Not soon enough holy fuck die already.

>> No.54514744

>>54513968
Nah Ill fuck things up for you instead since you fucked me out of a normal life.

>> No.54514754

>>54514728
Hes probably an indian. Indians live in glass houses, I mean glass tinderboxes and they throw molotovs.

>> No.54514762

>>54514754
vv
>>54514125

>> No.54514768

>>54512068
When you least expect it.

>> No.54514806

>>54514024
Correct.

>> No.54514856
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54514856

>>54512068

As soon as people / property investors either start to default on their mortgages due to rising interest rates or runaway inflation happens.

The Canadian dollar is highly tied to the US dollar since each province does more trade with the US than with the rest of Canada. Almost all of our retail prices are based in US dollars and whatever the current exchange rate is. As such, we are almost forced to match or exceed the US' interest rates to keep our purchasing power.

If the Canadian dollar begins to lose to the USD, then we will have runaway inflation during which people won't be able to buy cars, food, etc. We're feeling a little bit of that now but it's only low income people really feeling the heat since affordable housing is drying up and purchasing power of necessity commodities is losing big.

Our mortgage terms are a lot shorter than the US so we'll feel the immediate consequences of high interest rates a lot quicker than the US. Average mortgage term is about 5 years, so since interest rates have hiked a bit, we largely haven't felt their effect on the market. At the same time, real estate is being upheld with 1 million plus new people in Canada a year with a small population, which is like 5x what similar economies like Australia are doing.

We are due for a crash, it's just hard to say which way it will go and how much more time the government can buy. It's insane how poor the average Canadian is since we are richest country on earth per capita due to our geography and resources. The mismanagement of resources and corruption is insane.

>> No.54514916

>>54512860
Oh joy more atomization.

>> No.54514979
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54514979

>>54512840
>>54512860
Get this Jewish garbage out of here, 1488 for life

T. BC interior

>> No.54515011

>>54514979
Saskatchewan and the east coast are my suggestions for safe places in coming years. BC is going to suffer. Alberta is going to suffer. Ontario is going to suffer. Quebec is going to suffer. Manitoba is going to suffer.

>> No.54515079

>>54515011
I'm in a place with farmland, where urban sprawl is constrained by sheer geography. The closest city (20k pop) is a 90 minute drive away.

>> No.54515131

>>54515079
All I gotta say is that if things start heating up, dont wait until the fires at your doorstep.

>> No.54515266
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54515266

>>54513936
You should do a drive through the Canadian Rockies (Banff to Jasper) at some point. Some of the best nature you'll ever see.

>> No.54515287

>>54512786
based
I'm going full gibs and never paying taxes again

>> No.54515401

>>54514020
>>54514024
>>54514125
>>54514744
cope
you stupid faggots don’t even know that canada’s immigration policies are way more prohibitive than the states and eu. a “fast” track here requires 2 degrees (BA &/or MA) and at least three years of relevant work experience. all the poors here are white and native, and you will see very little cultural diversity outside the major urban centers.
we often rank high on the international best places to live, happiest countries, quality of life, etc.
we own a sizable amount of the worlds fresh water and have a fuck ton of arable land and resources.
fuck the anti-canada shills - get out of my country
t. english and german leaf lineage since the 1800s

>> No.54515593

>>54513968
>t. dillusional boomer
Not funding your retirement faggot

>> No.54515675

>>54515401

Dude, I'm not convinced you live in Canada because you sound ignorant as fuck right now.

The Liberal government has explicitly outlined (and is currently implementing) a plan to, specifically, inject foreign newcomers to Canada into the rural countryside and remote settlements.

Foreign immigration (primarily from India) is the #1 main factor driving population growth in Canada. 80% of immigrants to Canada are non-white. 4% of Canada's population (yes, literally, four percent) is already full-blown Pajeet Indian. All of these foreign immigrants to Canada come from cultures where the birthrate is much, much higher than that of white westerners, so the downwards pressure on the white percentage of Canada's population is basically two-fold and compounded in this regard.

That is why statisticians like Eric Kaufmann project that by the turn of this century, only 20% of Canada's population will be of White European stock. That's only 77 years from now, but if you take into account the aforementioned factors you understand how it's possible. It's already happening. In 1971 Canada was 96% white. Today it's less than 70% white.

You're living under a rock with your head in the sand.

>> No.54515728

>>54515675
We're going to have economic problems, which are going to become huge socio-political problems and the race thing always comes up so this is honestly a recipe for disaster.
Socialism is retarded. Giving people free money to come to Canada while this makes life less affordable for the most dangerous people in the country is retarded.

>> No.54515778
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54515778

>> No.54515790
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54515790

>> No.54515801
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54515801

>> No.54516429

>>54512068
>2nd largest country in the world
>highly educated population
>relatively large low-IQ work force to backup the educated manager
>enormous reserves of natural resources
>USA's unconditional and FREE military protection

Hmmmm... never.

>> No.54516437

>>54515778
>>54515790
>>54515801
Promise you nobody is gonna read that

>> No.54516445

>>54515401
I live in Toronto and whites are clearly a visible minority. By a long shot. All the large cities are basically afghanistan/bangladesh.

>> No.54516526

>>54515401
>we often rank high on the international best places to live, happiest countries, quality of life

That Canada ranks highly on Globohomo indexes isn't a positive, son.

>> No.54516571

>>54516437
Read and saved fuckwit. Go thank your public school teacher for watching over you.

>> No.54516576

>>54512700
when white population declines past 50%

>> No.54516590
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54516590

https://www.youtube.com/watch?v=XJI6RE2DK0E

YOU CANT BREAK ME

>> No.54516622

>>54514856
Agreed about to get everything into USD.
Canada is absolutely shocking.

>> No.54516639

>>54515401
> Prohibitive immigration policies
Why are so many immigrants working in fast food , driving taxis and low end retail?

>> No.54516654

>>54512068
Probably Canada will do well because while the entire west is browning and the far east are all incels, Canada's immigration program is at least based on job skills so the brown people coming in are relatively competent

>> No.54516675

>>54514728
It's free healthcare

>> No.54517023
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54517023

>>54515401
>get out of my country

You 100% are an American using a VPN. You don't fool anyone.

>> No.54517051

>>54512068
https://www.cbc.ca/news/canada/canada-record-population-growth-migration-1.6787428
It's already over for Canada. They're even saying it's possible their total population will be double what it is today by 2040. They may actually be the first western nation to become majority non-white with these rates.

>> No.54517059
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54517059

>>54515401

How sad would you life have to be to go on the internet and larp as a LEAF of all people! Everyone I know is either blackpilled or very concerned about what has happened to this country. From all ages, economic groups and backgrounds. There is no one that thinks things are going ok. Only a fucked in the head American who thinks Canada is some socialist utopia would have these sorts of delusions.

>> No.54517362

>>54512068
Still getting 500k immigrants coming yoy, its not gonna collapse. Canadas natural resources alone can sustain its economy long after everyone in this threads is 6 ft under

>> No.54517388

>>54516437
I read it

>> No.54517447

>>54516437
I read that.
>t. nobody

>> No.54517501

>>54515401
canadian here, when was the last time you left your mom's basement and went outside?
Our cities are brown dystopian shitholes

>> No.54517742

>>54515675
>4% of Canada's population (yes, literally, four percent) is already full-blown Pajeet Indian
I wouldn't have a problem with this if they were spread out across the country. Instead they all concentrate in the most expensive cities like Toronto for some reason and just overrun certain places

>> No.54517752

>>54512068
in 2 more weeks

>> No.54517778

>>54517742
Keep to your containment zone shitskin.

>> No.54517798

>>54515401
>canada’s immigration policies are way more prohibitive than the states

Hasn't been true in decades. Imagines till believing this in the year of our lord 2023

>> No.54518353

>>54515675
Most biz posters arent white including myself. We literally dont care if white people dont exist in canada

>> No.54518417

economies are not going to collapse, slavery is being built clandestinely, it's a slow burn into serfdom through inflation, artificial scarcities, increased government bureaucracies so you won't even be able to go after what you rightfully own. there is no big crash it's a steady decline of life quality until we literally start to suck on bugburgers and live in communes of hundreds to survive.

>> No.54518418

>>54518353
>We literally dont care if white people dont exist in canada
we are the fairest arbiters in this shithole. You should be concerned about the balkanized terror this place would become when the planes stop flying and everything gets drawn up along ethnic lines. White people are the glue that keep this dumpster fire from devolving into the biggest ethnic conflict in human history. There's something like 200 ethnicities in Toronto. Now subtract food for 3 days and The Purge looks like the happy ending of a Disney movie.

>> No.54518453

>>54515266
Too crowded with foreigners. Everything is too expensive, then the tourist hotspot gas stations jack everything up. Just check it out on YouTube.

>> No.54518462

>>54515401
This isn't true.

>> No.54518479

>>54515401
>a “fast” track here requires 2 degrees (BA &/or MA)
No it doesn't.
https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/documents.html

>> No.54518486

>>54512068
it's already collapsing
a vancouver canucks discord i frequent has people talking about cost of living almost as much as hockey
people are actually crossing the border into washington state to buy groceries because they can't afford them in canada

>> No.54518719
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54518719

veeery soon.

>> No.54518951

>>54512068
On April 14th. Turn on the news.

>> No.54518970

It's the housing bubble and everything can keeps pumping it (immigration, low rates, no restrictions on residential property speculation). It's sucked in every last productive CADollar.
Nothing but Lost Decades left just like Japan except Japan kept afloat by trading with China at all costs (their main trading partner by export AND import).

>> No.54518971

>>54518951
Why April 14th

>> No.54519020

>>54518971
You didn't think it would last forever, did you? News will break on April 14th that will incontrovertibly turn the Canadian public against the government and against multinational conglomerates and banks. Maybe it will start with TD going down on Monday.

But you're a fed, you don't care what the people actually care about, do you? How much do you get paid to oppress people? Will you expect mercy when the tide turns because we know you're incapable of caring for anybody but yourselves.

>> No.54519027

>>54518971
Also, will you even answer a single one of my questions above? I highly doubt it because your honor and manhood is nonexistant. I hope you get everything you give. Hubris always comes before the fall.

>> No.54519068

>>54518971
Been 13 minutes. You insta-fed replied to my post about some spooky date but yet, when called-out and questioned, you squirm away. Some day, your shield won't save you from the storm.

>> No.54519083

>>54517742
I wouldn't have a problem with a piece of shit in my room if the shit was evenly spread out over the entire floor and the walls so that I could never get away from it, rather than contained in the toilet

>> No.54519120

>>54518971
>>54512068
These guys are feds. Can we laugh at them and tell them to use their service weapons on themselves you guys?

>> No.54519205

>>54518971
>>54512068

>Fed boy, fed boy, where'd you go?
>Fed boy, fed boy, is there still snow?
>Up north, where the Horton's and John Deere glow?
>Oh Fed boy, oh fed boy, are you scared that we know?

>> No.54519344

>>54519020
>>54519027
>>54519068
>>54519120
>>54519205
mentally ill kek

>> No.54519345

>>54516437
I'm a /lit/izen.

>> No.54519382

>>54518353
You will when you realize that you and the rest of the shitskins like you left your native countries because you were retarded and fucked everything up.

>> No.54519391

>>54512700
Indias gdp is only 60% higher than canacuck despite the 3500% greater population size. Growing population means nothing if the people coming in are just making the country a shithole.

>> No.54519399

>>54512817
Would much rather be surrounded by hillbilly redneck retards than fucking smelly dumb egotistical poojets that are trying to take over the country and make it some Sikh utopia

>> No.54519518

>>54519344
>brown ID calls me mentally ill on an amateur sandwich-making bulletin board system

4chan assigns us ID's and grants digits according to an ancient and clandestine ordinal system dude. 4chan spoke and chose to give you a brown ID with THE WORST (most unlucky) digit combo...double 4's. You're literally cursed and have been identified by the hive organism as such.

>> No.54519595

>>54512700
Their productivity has been stagnant for a decade now, growing population means nothing if it's low IQ Global South trash.
Canadian economy is basically a Bazaar now, people who will never own a home are selling kebabs to each other, innovation is dead.

>> No.54519659

>>54512068
Sooner than latter.
Their economy was dead back in 2012, with decades of low fertility rates and low demand, what they have done is built this pyramid scheme, starting from 2015 they flooded the country with shitskins and sandniggers hoping to get some demand growth, this led to an explosion in real estate market, on which is the state's pension fund depends, what they have failed to achieve is real economic growth, innovation is dead, real wages are declining and productivity has been stagnant for over a decade now.
Their economy is basically a bazaar where pajeets sell kebabs to everyone and changs buy up all land.

>> No.54519781

>>54512928
Lol I got in the habit of stockpiling food 2 years ago

>> No.54519826

>>54516437
I did

>> No.54519907

>>54518971
Hello fed

>> No.54520684

>>54515401
>we own a sizable amount of the worlds fresh water and have a fuck ton of arable land and resources.

water and food is more expansive in canada than most other countries

>> No.54520771

https://www.youtube.com/watch?v=FMAureGwabY