well fucking DUH
Canada is facing a number of destabilizing forces — like climate change, disinformation, and young adults never owning a home. That’s the take from an internal RCMP report called the Whole-Of-Government Five-Year Trends For Canada. The report is a “scanning exercise” on evolving risks for law enforcement to monitor. It puts the fact that many people under 35 will never own a home, on par with disinformation and climate change.
Police Worry Canada May Be Destabilized If Young People Realize They Won’t Own A Home
One of the concerns law enforcement is warning about is the impact of eroding economic conditions. Especially when it comes to young adults.
“The coming period of recession will also accelerate the decline in living standards that the younger generations have already witnessed compared to earlier generations,” reads the report.
Canada may have seen a pandemic economic boom, but it was largely related to rapidly appreciating real estate. Unfortunately, that doesn’t apply to young adults who saw housing get further out of reach.
“For example, many Canadians under 35 are unlikely to ever buy a place to live. The fallout from this decline in living standards will be exacerbated by the difference between the extremes of wealth, which is greater now in developed countries than it has been at any time in several generations,” warns the RCMP.
Wealth disparity is bad enough, but what happens when that wealth disparity is driven by shelter disparity? It’s a problem not typically seen in advanced economies at scale.
The writing is really on the wall now. And yet, the working class sleeps...
canada plays the progressive moral high ground to whitewash their broken capital flow magnet scheme.
It is not that hard to look good on the outside when your neighbour is the US
I had such a rosy view of Canada before I lived there (just the usual ignorant American idealism about how its a land of free healthcare and better environmental stewardship and better relations with indigenous people....). The US is not a paragon of indigenous relations by any means but holy shit the way that First Nations people are treated in the field I work in as far as "government to government" relations go is absurdly racist and paternalistic compared to how it works in the US (again, not that murica is a model for this in any way).
Three resource extraction companies in a trench coat.
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