I get bummed out thinking about the number of young Canadians that have hopped the border to work in the US. It’s causing a significant amount of brain drain from the most talented and qualified pool of our young population. That said, I’m also here for the fat stax because my last Canadian job paid 🥜, so I’m a hypocrite 🤷 /drunkrant TC: $225K, 3 YOE
I feel bad for the future of the Canadian economy. Honestly Canada should be annexed into the United States.
Why the Canadian salaries are so low is beyond me …. SMH
Its funny considering the brain drain that happened in India.
Canadians move to the US. Backlogged Indians move to Canada 😂
Oh trust me that's not the real reason. A big part of why cost of living is high in Canada comes from the fact that it's considerably more isolated and remote. This drives up the transportation costs and hence the end consumer prices.
Next one is the population size. Being only 1/10th the size of the US, the market is smaller and less competitive. This explains less number of companies/jobs and lower salaries. If US had same policies as Canada, things would pretty much still remain the same for the US.
Immigration seems to be the #1 industry in Canada now. Get people from less developed countries but with a substantial amount of education and savings - pushes up real estate prices and keeps the tax books healthy. Not sure how the country is gonna be in 20 years though
But given it is prioritising based off merit and age, I don’t think it’s a bad way of safeguarding the futurebm
Canada has a lot of other advantages though, like great natural resources and the fact that its proximity the the US means it doesn’t have to worry about spending on military (ie it can freeload off the US and not worry about Russian or other aggression). That allows it to be more generous of a welfare state.
Isn't this a good thing? So real price can drop ?
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