🇨🇦 The Billionaire Who Loved Canada's 750,000 Immigration Target

Met a billionaire at a luxury hotel in Toronto.

I asked him why he was so excited about Canada’s economy when ordinary Canadians were struggling to make ends meet.

He smiled.

“Have you seen the Liberal government’s immigration plan?”

I said, “The one targeting 380,000 permanent resident admissions and 370,000 new temporary resident arrivals every year?”

“Exactly. That’s 750,000 admissions and arrivals.”

I asked what made him so excited.

“Think about it. People need somewhere to live.”

“So?”

“I own rental properties.”

“They need electricity, water, transportation and infrastructure.”

“And?”

“I invest in utilities and infrastructure.”

I asked whether Canada had enough housing, hospitals, schools and public transit to accommodate population growth.

He laughed.

“That’s the beautiful part. When infrastructure can’t keep up, governments need billions to expand it.”

“And who provides the capital?”

He raised his glass.

I wasn’t impressed.

“Millions of Canadians already struggle to find a family doctor. Emergency departments are overcrowded. Young people can’t find decent jobs.”

He nodded.

“Those are serious problems.”

“Then why are you celebrating?”

“Because you’re looking at population growth as a citizen. I’m looking at it as an investor.”

I asked him about employment.

“Canada’s unemployment rate is 6.7%. Youth unemployment is 13.7%. Where are the jobs supposed to come from?”

He shrugged.

“That’s Ottawa’s responsibility.”

“What about competition for housing, hospital beds, university placements, electricity, water and public services?”

“Government planning.”

“And what about productivity? Shouldn’t Canada be investing in businesses that produce more per worker instead of relying on population growth?”

He smiled.

“You’re asking how to make Canadians wealthier. I’m asking where future demand will come from.”

I sat there thinking.

More people can strengthen an economy.

But more people without enough housing, infrastructure, capital investment and productive jobs can also mean more competition for limited capacity.

The next morning, another Liberal minister was celebrating Canada’s economic potential.

The billionaire was studying a new infrastructure investment opportunity.

And an ordinary Canadian was sitting in traffic, waiting for a doctor’s appointment and wondering how to afford next month’s rent.

I finally understood.

Ottawa measures how much the economy grows.

Bay Street measures how much cash flow it can generate.

Ordinary Canadians measure how much of their paycheque is left.

Three very different ways to measure prosperity.

And only one of them determines whether your standard of living is actually improving. 🇨🇦

is that our Canadian "spaceport" we paid 200 billion dollars for?

Texas Is A Blue State Now: We Asked AI To Simulate The Future

🇨🇦 CANADA IS A BROKEN COUNTRY.

Not because we’re poor. Because a country this wealthy should be doing so much better.

We have oil, natural gas, minerals, forests, farmland, world-class talent and access to the largest consumer market on Earth.

Yet millions of Canadians are struggling to afford the basics.

🏠 Housing has become a generational financial burden.

🛒 Groceries consume an ever-growing share of household budgets.

🏥 Getting timely healthcare can feel like winning a lottery.

🚗 Car insurance, property taxes and utilities keep eating into paycheques.

🏭 Manufacturing jobs face growing uncertainty.

💰 Governments borrow billions while ordinary families struggle to save thousands.

And what do Canadians get?

Another announcement. Another strategy. Another billion-dollar promise. Another politician telling us how fortunate we are.

A country’s success should be measured by the standard of living of its citizens, not the size of its government’s press releases.

Canada isn’t lacking resources.

Canada isn’t lacking talent.

Canada isn’t lacking opportunity.

Canada is lacking accountability.

And patriotism doesn’t mean pretending everything is fine.

It means demanding better from a country capable of so much more. 🇨🇦

Watch: brokencountry.com

AWESOME ‼️‼️🇨🇦🇨🇦

What a beautiful gesture #Swiss Chalet for all the veterans‼️

Let a veteran know @AlexRuff17

#caroftheday 1980 Chevrolet Corvette, 350 ci, automatic. This photo was taken at the Merlin Dorey Memorial Car Show in Ardoise, Nova Scotia July 2024 #carguycalvin

Can you proudly fly a Canadian flag at your house?

🇨🇦 DEAR CANADIANS OBSESSED WITH AMERICAN POLITICS:

A friendly reminder.

You are not an American citizen.

You don’t vote in American elections.

You don’t elect the American president.

Yet some of you follow Washington more closely than Ottawa and know more about Trump than your own MP.

Meanwhile, back home:

🏠 Housing remains unaffordable.

💸 Taxes consume a substantial share of your income.

🏥 Healthcare wait times remain a serious concern.

🛒 Groceries keep draining household budgets.

💰 Government debt continues to grow.

And somehow, every Canadian problem becomes Donald Trump’s fault.

Here’s a revolutionary thought.

America’s president is responsible for governing America. Canada’s prime minister is responsible for governing Canada.

Yes, American policies affect us. Trade, tariffs and foreign policy matter.

But they cannot explain away every domestic policy failure.

You can dislike Trump without making him your entire personality.

You can support Trump without treating him like Canada’s prime minister.

And you can disagree with both without losing your mind.

Canada needs citizens who scrutinize Ottawa as passionately as they obsess over Washington.

Because the politicians who actually control much of your taxes, healthcare, housing policy and public spending are right here at home.

🇨🇦 Stop treating American politics like a spectator sport while Canadian politics determines your standard of living.

#Canada #cdnpoli

🚨🇨🇦 CANADA CREATED MILLIONAIRE HOMEOWNERS WHO CAN’T AFFORD TO BUY THEIR OWN HOUSES TODAY.

Think about how absurd this has become.

A Canadian couple buys a modest house for $400,000.

Years later, it’s worth $1 million.

Congratulations. They’re sitting on a $600,000 paper gain.

But here’s the problem.

Their children can’t afford to buy in the same neighbourhood.

The couple can’t easily downsize without paying enormous transaction costs.

Their property taxes, insurance and maintenance bills keep climbing.

And if they sell, every comparable house has become expensive too.

So what exactly did Canada create?

More productive businesses?

Higher wages?

Better factories?

More internationally competitive industries?

Or simply a society where existing property owners became wealthier on paper while younger generations inherited enormous barriers to ownership?

A HOUSE GOING FROM $400,000 TO $1 MILLION DOESN’T MEAN CANADA CREATED $600,000 OF PRODUCTIVE ECONOMIC CAPACITY.

It means the market price of an existing asset increased.

That distinction matters.

Because an economy cannot become genuinely prosperous simply by making the same houses more expensive and encouraging everyone to borrow more money against them.

Real prosperity comes from productivity, competitive businesses, innovation and rising purchasing power.

CANADA SPENT YEARS CELEBRATING RISING HOME VALUES.

Perhaps it’s time we started celebrating rising living standards instead.

A country where parents own million-dollar houses but their children cannot afford starter homes should be asking some difficult economic questions.

🍁 @wealthmoose

#Canada #Housing #Economy

Average Term of Ownership is 7 - 8 years...
Life Changes

Does a 40 Year mortgage help you?
@ronmortgageguy

RUTHLESS! Pierre Poilievre just delivered his most SAVAGE press conference in two years.

Mark Carney compares his immigration numbers to the insane levels of Justin Trudeau. But when you compare yourself to insanity, it is insanity.

Then he goes after BROOKFIELD Profits off of LLY! We are BACK BABY.

Ever see Doug smile so big?
He was asked about the midterm results and said he was doing “cartwheels”

I wonder how he’s going to manage when nothing changes.

For 11 years he’s watched Canada decline under the Liberals watch, did he ever get upset at them? I’m pretty sure he ney got elected. This man can’t ever be taken seriously. He suffers from extreme TDS & it’s blinded his judgement.

Back to Europe!😍

The Canada-EU Alliance is built for Carney.

Canadians don’t get a say.
Parliament doesn’t get a say.
Canadians get more taxes and more regulations
Carney gets richer.

Carney is doing this for himself, not Canada.

Cabinet minister is happy to join the EU and allow them to tell Canada what the rules are, what our new taxes are, and how much the charge is for the privilege.

Are Liberals actually this stupid, or just willing to give up Canadian sovereignty in order to line their pockets?

#caroftheday 1934 Ford Coupe, V8, automatic. This photo was taken at the Apple Blossom Car Show in Centerville, Nova Scotia in 2024 #carguycalvin

Amazing change in gas prices in Ontario post the mid terms … like magic @GasPriceWizard

Has anything changed post the midterms?
V tariffs Canada US

Final Results: Congress 41%, Trump 48%

Congress betrayed DOGE, spent like drunken sailors, punted the SAVE Act, and barely lifted a finger to gut the administrative state -- Trump did all the heavy lifting.

Trump's biggest mistake was this stupid war.

Good Morning
Worrying is not a plan…
What’s the plan?