Growing skepticism about immigration is a real political economy threat: Sean Speer

Sean Speer, editor-at-large of The Hub, Public Policy Forum fellow and former economic adviser to Prime Minister Stephen Harper, joins BNN Bloomberg to walk through some of the top challenges facing the Canadian federal government this year.
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Пікірлер: 104

  • @beautanner8409
    @beautanner84095 ай бұрын

    He didn't mention immigration in his suggested solution - we need to drastically draw down the current rate of people who are coming into the country. The answer doesn't just "lay in more homes", it is not just a supply issue... there is absolutely no NO way to build at the rate we are bringing people in. We CANNOT integrate them into this society as fast as we are brining them in. This guy is broken.

  • @Andrew-hp1jk
    @Andrew-hp1jk5 ай бұрын

    Is it possible to manage a country worse than how we've manage Canada's abundance?

  • @cvfghjmk

    @cvfghjmk

    5 ай бұрын

    Yes unfortunately. Look at Venezuela. But I see your point

  • @BigCheese150

    @BigCheese150

    5 ай бұрын

    @@cvfghjmk It took Venezuela almost 20 years to fail. Canada is just in the early stages. Slowing GDP, poor productivity, only job increase are in the public sector, uncontrolled spending, and currency depreciating. Eerily similar.

  • @shauncameron8390

    @shauncameron8390

    5 ай бұрын

    @@BigCheese150 Canada is more Argentina than Venezuela.

  • @BigCheese150

    @BigCheese150

    5 ай бұрын

    @@shauncameron8390 hopefully we vote the same way come election time.

  • @rishi505

    @rishi505

    5 ай бұрын

    ANOTHER Gift to canada after home crisis . Justin T need to resign and go for retirement . fail in every corner

  • @nickjohnston3882
    @nickjohnston38825 ай бұрын

    I don't see the backing he mentions for such levels of immigration. There ought to be a referendum concerning immigration. Why should the middle class essentially foot the bill for a lower standard of living? Any party that doesn't curtail immigration fails to advocate for Canadian citizens.

  • @maxineporter8848

    @maxineporter8848

    5 ай бұрын

    I don't recall the "500,000" or similar high number being a part of a campaign election platform or WHY Canada specifically needs that particular number. We should have a referendum on that. That plus the "post nationalistic state" concept which Trudeau never explained to Canadians, and may be creeping into his policies.

  • @Hyperpandas

    @Hyperpandas

    5 ай бұрын

    That you see immigration having a cost of a lower standard of living for the middle class is absurd, especially if you understand current demographics.

  • @Icecold0505
    @Icecold05055 ай бұрын

    Imagine if young Canadians could afford a decent existence. Then maybe 'fertility' rates would go up.

  • @AmanSS890

    @AmanSS890

    5 ай бұрын

    If young Canadians could afford to live of off there salary and afford to buy a house on there salary maybe maybe then the fertility rates would go up. Canada can’t fix the life of the people that all ready live in Canada so they just keep brining more people into Canada to pay the taxes and push out more babies.

  • @user-lb8bg6kj9m

    @user-lb8bg6kj9m

    5 ай бұрын

    Nobody states the obvious because it brings up the issue of why the working class is being exploited by a select few central banking crooks.

  • @user-lb8bg6kj9m

    @user-lb8bg6kj9m

    5 ай бұрын

    ​​@@trails3597 Even a blind man can recognize why young people are unable to start families.

  • @trails3597

    @trails3597

    5 ай бұрын

    @@user-lb8bg6kj9m A young Canadian has his best years ahead and therefore options to improve his lot.

  • @trails3597

    @trails3597

    5 ай бұрын

    Love your channel ice cold.

  • @mikebuchanan7610
    @mikebuchanan76105 ай бұрын

    Canada's population growth will come disproportionately from immigration? And who gave consent for that? What right does this "representative government" have without any say from the people they supposedly represent?

  • @trails3597

    @trails3597

    5 ай бұрын

    Wrong. They were voted in repeatedly. They have the mandate.

  • @user-lb8bg6kj9m

    @user-lb8bg6kj9m

    5 ай бұрын

    ​​​@@trails3597 Elections are a farce. Its nothing more than the kleptocracy pre-selecting the 3 "mainstream" parties and leaders to run for office -- fully funded, and pumped by the same "mainstream" media the kleptocracy owns. It's not an election, it's just a selection of pre-selected candidates. Pre-selected and vetted by the kleptocracy that is.

  • @mikebuchanan7610

    @mikebuchanan7610

    5 ай бұрын

    @@trails3597 Wrong. Nobody voted for what they're doing with immigration. It was never put to a vote. No mandate.

  • @trails3597

    @trails3597

    5 ай бұрын

    @@marcusmossuto I googled what you said; it's on their platform in 2015.

  • @antonburdin9756
    @antonburdin97565 ай бұрын

    Arbitrary immigration targets are simultaneously increasing demand and suppressing wage growth. There are better ways to control immigration. I would suggest demand based approach with some guard rails in place. For instance, I would require all educational institutions to provide housing for international student (at least 50%). Businesses should be required to provide accommodation to all temporary/seasonal workers on top of the minimum wage. In order to hire foreigners employers should be required to prove that he is paying enough to afford housing in the region (market cost of accommodation is less than 30% of salary). Accommodation for refugees should be secured before bringing them to the country from around the globe. No accommodation = no permits. It would limit demand and prevent wage suppression. Either home owners are loosing some equity, or we are all dealing with inflation (wage-price spiral), or some combination of both (stagflation), there are no other ways around to fix affordability. No private company will ever increase supply in the anticipation of price decrease. Permits are not homes. Developers are already scaling down their projects and firing workers because there is not enough demand at the current price level. So only government could increase supply in this situation.

  • @trails3597

    @trails3597

    5 ай бұрын

    It takes time to build houses. Businesses respond to demand and business cases. Immigration helps demand. That said immigration is not monolithic and is not the only problem. Student immigration is half of the total and is being reduced by tying it to learning institution's ability to lodge them. With current levels at 30% above historical levels and half the problem dealt with that leaves 15% to solve. Besides w/o immigration our current population's is going down. Therefore its not an insurmountable problem. Some say we need 3m homes by 2030. I say the future is not linear! Blaming housing on immigration is not entirely fair. A significant part of the housing problem is due to the pandemic aftershock of inflation and the fact we had a housing price/demand problem beforehand in major cities for years. Govts are doing what they can by making changes to zoning, removing fees to help business cases and the federal govt is giving money to build/buy supported housing for refugees and those at risk and more.

  • @antonburdin9756

    @antonburdin9756

    5 ай бұрын

    @@trails3597 «w/o immigration our current population's is going down», so what?

  • @trails3597

    @trails3597

    5 ай бұрын

    @@antonburdin9756 So, even more reasons to say immigration is not the problem!

  • @trails3597

    @trails3597

    5 ай бұрын

    @@DrMarkyMark UN sources say immigration is actually trending down. In 2008 it was at a high of 8/1000 people. It's now 6/1000 which is about average. So pandemic/inflation/interest rates may be the more important factor to our housing problems.

  • @antonburdin9756

    @antonburdin9756

    5 ай бұрын

    @@trails3597 It looks like you realize, that the population growth could not last indefinitely, so, why not sooner rather than later? Why don’t we choose productivity growth over the total GDP numbers? Our per capita GDP numbers have been stagnant for over a decade.

  • @lominiski
    @lominiski5 ай бұрын

    I want a job too and immigrants are take some that I want. I also want a house or home.....too expensive for a Canadian like me to buy. There has also been a lot of violence and crime with the higher immigration.

  • @yyzag23

    @yyzag23

    5 ай бұрын

    I'm all for controlled immigration but if you're educated - you're not competing with the poorer indentured class immigrants canada is importing (like Dubai does). You want a home, well all of the western world is going through a real estate crisis. Do not blame immigration for violence - that shows your lack of education. Crime and the drug/opioid crises are homegrown and not imported via immigration.

  • @arifa1407
    @arifa14075 ай бұрын

    I never truely lived in canada till the 90s, after that back and forth to school back and forth from jobs in other nations, i thought canada was still the place where people said thank you, please, excuse me when you are in stores passing by, holding doors, being polite, etc. homes still at the prices they should be, niceness all around! nope! nope nope!, its the dreads of society that have arrived the naiton I once knew is gone, no thnak you, to pleasse, no service, no customer serivce everyone rude mean nasty no manners, homes wow the prices, employment none!, i understand they had no where to go and no one would take them but this is a shell of its former self cnada..

  • @maxineporter8848
    @maxineporter88485 ай бұрын

    So the government is largely creating public sector direct or indirect jobs in a few large cities? That does not bode well for a healthy (private sector) economy. Plus the concentration of new jobs on in a few cities which will exacerbate regional political division.If an increase in government revenues per capita/GDP per capita was the statistic then the increase to government revenues more recently might be positive. But that is not the statistic here (it is only gov't revenues/GDP).

  • @user-lb8bg6kj9m

    @user-lb8bg6kj9m

    5 ай бұрын

    GDP numbers themselves are hocus pocus. A lot of useless activity is thrown into GDP calculations to come up with good numbers. I doubt there is any clear way of measuring an increase in national prosperity other than asking how well citizens are doing over a period of time. And the citizen, certainly the worker in the private sector, is and has been going downhill for a while now.

  • @ThomasMullaly-do9lz
    @ThomasMullaly-do9lz5 ай бұрын

    Aren't the guys talking scared that A. I will take their jobs?

  • @maxineporter8848

    @maxineporter8848

    5 ай бұрын

    Apparently not. UBI will be the next big social program on the liberal/NDP horizon. That begs the question....did we really need a big population hike? Looking ahead to the future (that is beyond the election/vote cycle) is beyond liberal thinking. Incentives to keep older healthy workers in the workforce longer might have been an alternative policy?

  • @carstenerbe3926
    @carstenerbe39265 ай бұрын

    Bravo for noting the rural / urban divide

  • @mateofernando5066
    @mateofernando50665 ай бұрын

    Nothing short of a moratorium on ALL IMMIGRATION is needed. We neeed to build homes and rental stock first for the people already in this country. If more and mroe people end up homeless and young first time buyers are unable to ever have an opportunity to buy a home, this is political suicide for any party if this is not addressed. We are creating third world conditions in this country with such poor government planning regarding housing and immigration.

  • @AmanSS890
    @AmanSS8905 ай бұрын

    Canada usto be great in the 90s you could work a decent job and still be able to buy a house . Be able to buy groceries. When you would open the door for so one they would say thank you . Know people that are coming to Canada have no interest in being nice . It’s like no thank you no please no service , no customer service everyone is so rude Such rampant immigration just makes Canada look over crowded . Have jobs available for young workers have homes more affordable then yes people will Start to have kids again. I go to Toronto know it’s like all of India moved there. People abusing the study programs just to get into the country no intention to study. We should stop immigration all together until things become more affordable

  • @cloutm_anager8262
    @cloutm_anager82625 ай бұрын

    We need to reduce regulations/taxes/permitting times for building.

  • @MikeyPaper
    @MikeyPaper5 ай бұрын

    Our political atmosphere is going to look a lot different in about 20 years from now. Browns and turbans everywhere...

  • @TheTruthAlways
    @TheTruthAlways5 ай бұрын

    Trudeau raised all taxes and still cannot balance the budget.😂

  • @trails3597

    @trails3597

    5 ай бұрын

    The growing fiscal deficit is a problem but I am glad I live in Canada and not in US with their worse deficit.

  • @fretstain
    @fretstain5 ай бұрын

    why is the government still determined to rely on private developers for housing if that clearly isn't working?

  • @canuckasaurus

    @canuckasaurus

    5 ай бұрын

    Real estate is basically Canada's version of the military-industrial complex. The government has a vested interest in propping it up.

  • @fretstain

    @fretstain

    5 ай бұрын

    I'm a little confused by what you're saying. Obviously the government won't let the real estate market fail - our economy/GDP is so tied up in real estate now that it's too big to fail. But are you saying that's the reason they won't get more involved in building housing? Their current model of cutting a few fees and taxes to incentivize developers seems like it's not working out. There's no way they're going to come close to their building targets at this rate@@canuckasaurus

  • @Snookyboo
    @Snookyboo5 ай бұрын

    6:12 The background noise that starts here is creepy af

  • @Captain0Newman
    @Captain0Newman4 ай бұрын

    The "consensus" is already over. Its the end of the road. Instead of immigration, why not just make life better for Canadians, so we can have our own families?

  • @GF-po4lb
    @GF-po4lb5 ай бұрын

    I’m still surprised people are supporting these policies

  • @lominiski
    @lominiski5 ай бұрын

    I am a Canadian have not.

  • @BDee3126
    @BDee31265 ай бұрын

    51st State of America now.

  • @maryjoan4128
    @maryjoan41285 ай бұрын

    Liberal policies have demolished the entrepreneurial spirit of Canada..we are not open for businesses

  • @shauncameron8390

    @shauncameron8390

    5 ай бұрын

    Liberal as in uber-communist.

  • @BumFightsVol5
    @BumFightsVol55 ай бұрын

    Wre you feeling enriched by diversity yet ??

  • @nolancummings9590
    @nolancummings95905 ай бұрын

    Unsubbing. The People of Canada of not want such rampant run away immigration. It should be lowered to the tens of thousands yearly. Create opportunities and prosperity by investing in young people and their futures and fertility rates will climb again. End the woke narrative and men and women will resume cordial relationships and we can return to a nation of wealth and growth for all citizens.

  • @user__100
    @user__1005 ай бұрын

    Canada uses Newcomers to pay pensions of old Europeans through tax

  • @Ela-cw7fi

    @Ela-cw7fi

    5 ай бұрын

    What???? The masses are coming in with their sick, old and unemployed. Most cannot even speak ENGLISH!!!! The COST of taking in these refugees will deplete every form of social benefits including the Canadian Pension -- within the next 20 years!!!! The Indians - which there are way, way, way too many -- bring in both parents on BOTH sides and collect old age pension as soon as they can get their hands on it - and they have not worked in this country for a second!!!!!!

  • @upupandaway5646
    @upupandaway56465 ай бұрын

    Carbon will cause high inflation 😢😢. Thank you left wing voter's.

  • @user-lb8bg6kj9m

    @user-lb8bg6kj9m

    5 ай бұрын

    That is it's purpose. A good scam where banks make money moving carbon credits around while producing nothing of value.

  • @BigCheese150
    @BigCheese1505 ай бұрын

    Mass immigration won't stop anytime soon, unfortunately. With the baby boomer generation retiring, we need a mass influx of people to fill their positions and ultimately, pay taxes so the CPP train can keep rolling. Canada will be a shell of its former self in 25 years, and not for the better.

  • @Hazara26

    @Hazara26

    5 ай бұрын

    Why to collect CPP another scam. I don't CPP deducted from my paycheque. The money the government deduct I needed now due to inflation not 20 or 30 years from now. And the money which government is saving for me would be peanut 20 or 30 years from now so it is failing system. CPP should be voluntary not forced.

  • @theowoytowich9959

    @theowoytowich9959

    5 ай бұрын

    WE don't need mass immigration. WE need some targeted immigration plus emphasis on increasing productivity. Also many boomers would continue working part time if this was available to them. Also as a country we do not need to do everything but do things that we are good at.

  • @beautanner8409

    @beautanner8409

    5 ай бұрын

    No we don't need a mass influx of people - not at the rate at which we are bringing them in. We are currently experiencing record breaking growth: not replacement levels, growth - on par with sub-Saharan African countries. Other similar countries to Canada are bringing in a fraction of our immigrants, and their economies are stronger than ours. The case for the labor need is overblown.

  • @littlethings8331

    @littlethings8331

    5 ай бұрын

    Stop regurgitating some crappy pro immigration idea. Canada’s population growth has been astonishingly high and it’s already way beyond the purpose of complementing its aging population. Last year Canada took in over 1 million immigrants and in comparison, the US whose economy is 10 times of Canada’s only took in a bit over one million immigrants. If Canada continues this crazy level of immigration, most Canadians will soon have a third world life quality, only the bureaucrats and elites will be laughing.

  • @littlethings8331

    @littlethings8331

    5 ай бұрын

    @@beautanner8409 Exactly. Canada took in over 1 million immigrants last year and in comparison, U.S. also only took in over 1 million immigrants. To put that into perspective, U.S.'s economy is 10 times of Canada's; their GDP per capita is increasing but Canada's GDP per capita is decreasing. Does Canada need immigrants? Yes. Does Canada need that many immigrants every year? Hell no! The mass immigration only benefits those who can exploit from immigrants such as bureaucrats, elites and landlords etc.

  • @WizardHarry69
    @WizardHarry695 ай бұрын

    Vote ppc. Only ones to have called out mass immigration leading to a deterioration in the labor and housing market.

  • @Doug-zl8nb

    @Doug-zl8nb

    5 ай бұрын

    Immigration is allowed to do massive crime and canada with no...jail time...pushing good Canadians out

  • @TheTruthAlways

    @TheTruthAlways

    5 ай бұрын

    Waster your vote. Max is a joke.