"The parts of the Canadian economy that really need support.....tourism, hospitality, domestic services".
Um....tourism is dead in Canada, the borders been closed to non essential travel since last march or so. Oh except to China. That's right.....they closed the border with the US, but kept allowing travel from China to this day. They closed the border with the US, and their infection rates are higher than when the US border was open.
And what do they mean by domestic services? People already pay an arm and a leg for that in Canada. I know people in Canada who work jobs that would make 45K in the US, and it only makes 25K in Canada....while also paying a huge chunk of that on taxes. Their dental plan barely covers the cost of a routine teeth cleaning and a few fillings.
And they're not just taxed to death on their paychecks, they're also paying practically double for the same shopping items....while facing a housing market that is soo over inflated, a house in a rural area that would cost 50K in the US, costs 250K in Canada. You know how much a trailer home from the 70's costs in Canada? Over 40K! Beat up gutted homes that look like they're from Detroit, that would need a complete renovation, cost 60K minimum.
I mean imagine you finally sold your house in such a market, and the government says, "Looks like you got a lot of pre-loaded stimulus". No it's not pre-loaded stimulus. While some people have definitely benefited from hyper inflation of property costs, that hyper inflation isn't going anywhere, so if they bought a house for 50K twenty years ago and now it's worth 200K.....they're not rich....because if they want to buy another decent slightly better house, they have to spend 300K on a house that might be worth 100K in the US.
So here they are, having just sold their home, Canadian government see's they have 200K in their bank account, they're shopping for their next home in the meantime.....and ooops, the government takes that money and now not only do they not have the home they sold.....they don't even have the money they got from selling it to buy a new one.....and then they are effectively homeless and broke.
"The parts of the Canadian economy that really need support.....tourism, hospitality, domestic services".
Um....tourism is dead in Canada, the borders been closed to non essential travel since last march or so. Oh except to China. That's right.....they closed the border with the US, but kept allowing travel from China to this day. They closed the border with the US, and their infection rates are higher than when the US border was open.
And what do they mean by domestic services? People already pay an arm and a leg for that in Canada. I know people in Canada who work jobs that would make 45K in the US, and it only makes 25K in Canada....while also paying a huge chunk of that on taxes. Their dental plan barely covers the cost of a routine teeth cleaning and a few fillings.
And they're not just taxed to death on their paychecks, they're also paying practically double for the same shopping items....while facing a housing market that is soo over inflated, a house in a rural area that would cost 50K in the US, costs 250K in Canada. You know how much a trailer home from the 70's costs in Canada? Over 40K! Beat up gutted homes that look like they're from Detroit, that would need a complete renovation, cost 60K minimum.
I mean imagine you finally sold your house in such a market, and the government says, "Looks like you got a lot of pre-loaded stimulus". No it's not pre-loaded stimulus. While some people have definitely benefited from hyper inflation of property costs, that hyper inflation isn't going anywhere, so if they bought a house for 50K twenty years ago and now it's worth 200K.....they're not rich....because if they want to buy another decent slightly better house, they have to spend 300K on a house that might be worth 100K in the US.
So here they are, having just sold their home, Canadian government see's they have 200K in their bank account, they're shopping for their next home in the meantime.....and ooops, the government takes that money and now not only do they not have the home they sold.....they don't even have the money they got from selling it to buy a new one.....and then they are effectively homeless.
"The parts of the Canadian economy that really need support.....tourism, hospitality, domestic services".
Um....tourism is dead in Canada, the borders been closed to non essential travel since last march or so. Oh except to China. That's right.....they closed the border with the US, but kept allowing travel from China to this day. They closed the border with the US, and their infection rates are higher than when the US border was open.
And what do they mean by domestic services? People already pay an arm and a leg for that in Canada. I know people in Canada who work jobs that would make 45K in the US, and it only makes 25K in Canada....while also paying a huge chunk of that on taxes. Their dental plan barely covers the cost of a routine teeth cleaning and a few fillings.
And they're not just taxed to death on their paychecks, they're also paying practically double for the same shopping items....while facing a housing market that is soo over inflated, a house in a rural area that would cost 50K in the US, costs 250K in Canada. You know how much a trailer home from the 70's costs in Canada? Over 40K! Beat up gutted homes that look like they're from Detroit, that would need a complete renovation, cost 60K minimum.
I mean imagine you finally sold your house in such a market, and the government says, "Looks like you got a lot of pre-loaded stimulus". No it's not pre-loaded stimulus. While some people have definitely benefited from hyper inflation of property costs, that hyper inflation isn't going anywhere, so if they bought a house for 50K twenty years ago and now it's worth 200K.....they're not rich....because if they want to buy another decent slightly better house, they have to spend 300K on a house that might be worth 100K in the US.
"The parts of the Canadian economy that really need support.....tourism, hospitality, domestic services".
Um....tourism is dead in Canada, the borders been closed to non essential travel since last march or so. Oh except to China. That's right.....they closed the border with the US, but kept allowing travel from China to this day. They closed the border with the US, and their infection rates are higher than when the US border was open.
And what do they mean by domestic services? People already pay an arm and a leg for that in Canada. I know people in Canada who work jobs that would make 45K in the US, and it only makes 25K in Canada....while also paying a huge chunk of that on taxes. Their dental plan barely covers the cost of a routine teeth cleaning and a few fillings.
And they're not just taxed to death on their paychecks, they're also paying practically double for the same shopping items....while facing a housing market that is soo over inflated, a house in a rural area that would cost 50K in the US, costs 250K in Canada. You know how much a trailer home from the 70's costs in Canada? Over 40K! Beat up gutted homes that look like they're from Detroit, that would need a complete renovation, cost 60K minimum.
I mean imagine you finally sold your house in such a market, and the government says, "Looks like you got a lot of pre-loaded stimulus". No it's not pre-loaded stimulus. While some people have definitely benefited from hyper inflation of property costs, that hyper inflation isn't going anywhere, so if they bought a house for 50K twenty years ago and now it's worth 200K.....they're not rich....because if they want to buy another decent slightly better house, they have to spend 300K.