The issue is fundamentals of economy is wrong ,I am not an economist but this is just common sense.
You increase the intrest rates to reduce consumer spending and then you bring 1 M + immigrants (including me ) so what will be the net effect, you will have more inflation.
Like someone told early the govt will try their best to avoid a housing crash because most of the CPP is in real estates and retirement funds of common canadians also.So don't hope it will crash or conservatives will save the world ,It will happen but not anytime soon
Lack of jobs or unemployment most of investments go to housing guess what nothing to invest in business so no Jon's more unemployment/underemployment.
Oligopoly and monopolies in banking, housing,retail ,I work as an analyst in a leading retail company in canada trust me you can easily understand if you look at it.
Garbage economy-Honestly I am looking for a new job but I have never struggled this much in my life to find a damn job with my qualifications ,that too after working in 2 fortune 500 companies, pay is garbage even after asking for a lot of experience. In US with Mt skills I should easily get 75-100k USD .here in cad current job is okay in terms of pay ,but when I look for a new 1 they are offering 50k cad which is way less than what i get paid now,really ,how fo you expect me to even pay rent with that.when I look I think india is better in this aspect.
I am just waiting for the passport after that man I am done can't take this crap anymore, I don't want to work till death for a roof over my head,and food .
If it was not for my nationality never would have moved from US ,such a miserable country with miserable people