57
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Feb 2026
57 points (100.0% liked)
Canada
11794 readers
627 users here now
What's going on Canada?
Related Communities
🍁 Meta
🗺️ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
🏙️ Cities / Local Communities
- Anmore (BC)
- Burnaby (BC)
- Calgary (AB)
- Comox Valley (BC)
- Edmonton (AB)
- East Gwillimbury (ON)
- Greater Sudbury (ON)
- Guelph (ON)
- Halifax (NS)
- Hamilton (ON)
- Kingston (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Niagara Falls (ON)
- Niagara-on-the-Lake (ON)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Sarnia (ON)
- Saskatoon (SK)
- Squamish (BC)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Whistler (BC)
- Windsor (ON)
- Winnipeg (MB)
Sorted alphabetically by city name.
🏒 Sports
Baseball
Basketball
Curling
Hockey
- Main: c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montréal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Soccer
- Main: /c/CanadaSoccer
- Toronto FC
💻 Schools / Universities
- BC | UBC (U of British Columbia)
- BC | SFU (Simon Fraser U)
- BC | VIU (Vancouver Island U)
- BC | TWU (Trinity Western U)
- ON | UofT (U of Toronto)
- ON | UWO (U of Western Ontario)
- ON | UWaterloo (U of Waterloo)
- ON | UofG (U of Guelph)
- ON | OTU (Ontario Tech U)
- QC | McGill (McGill U)
Sorted by province, then by total full-time enrolment.
💵 Finance, Shopping, Sales
- Personal Finance Canada
- Buy Canadian
- BAPCSalesCanada
- Canadian Investor
- Canadian Skincare
- Churning Canada
- Quebec Finance
- Canada Grown Business
🗣️ Politics
- General:
- Federal Parties (alphabetical):
- By Province (alphabetical):
🍁 Social / Culture
- Ask a Canadian
- Bières Québec
- Canada Francais
- Canadian Gaming
- EhVideos (Canadian video media)
- First Nations
- First Nations Languages
- Indigenous
- Inuit
- Logiciels libres au Québec
- Maple Music (music)
Rules
- Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca
founded 5 years ago
MODERATORS
https://www.macrobusiness.com.au/2024/10/canada-and-australia-collapse-into-productivity-sinkhole/
This was based on a report by the banks that argues it leads to less productivity investment by company.
Here's a far larger presentation with a lot more data about how mass immigration depressed wages and capital investment:
https://m.youtube.com/watch?v=bOXgOLCm54A
I'm not arguing that in the current environment, with TFW cheap labour, etc. immigration has't had neg effect on productivity, wages, etc.
But that doesn't answer the question of why things were different in the 1950-75 period. The analysis says we can accept immigration at 0.85% per year at the moment to keep prod stable. In the 2015-2025 period population grew by 1.1% per year. Yet in the 1950-75 period, pop grew by 2.3% per year, prod grew and real wages more than doubled. Something must have been different back then to produce such stark results. What was it?
On a related note, do you believe that growing productivity causes growth in wages?
BTW, thank you for engaging in good faith. I'm doing the same whether we agree or not. 😊
Probably because of the extreme inflation, as it was before we had inflation targeting. Something similar happened historically as to whats happening now, Nixon put Arthur Burns in charge of the Fed, because he was an extreme dove. We and the rest of the world then borrowed a ton at very low interest rates, then Volcker came along, and we inevitably had double digit interest rates and a 12% unemployment rate.
Labor takes a long time to absorb unless you are adding at a slow enough rate for the country to absorb. Infrastructure takes a long time to build, BC is now raising taxes on the lowest tax bracket to fund expansion, as Eby has begged the Feds to stop for years now.
https://www.msn.com/en-ca/news/canada/david-eby-s-views-on-migration-problems-shouldn-t-shock-anyone/ar-AA1MBRyM
Would you agree for there to be enough infrastructure they need to tax citizens to fund expansion, which then takes many years to build, and you are effectively paying it forward till those people can contribute themselves?