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this post was submitted on 19 Feb 2026
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Its unskilled labor being given PR into a housing crisis, while youth unemployment is extremely high. Which is being pushed by groups like the century initiative, which is funded by large corporations for their own ends.
There is no way that our economy can absorb people that fast, so it ends up being more bodies which cheapens labor, and leads to shortages of basic goods like housing. I feel it too axiomatic to really argue, like trying to convince you that water is wet, and I feel a gesture to the state of Canada is enough to see the damage.
Look, we can talk and argue about the rate of increase and it won't be controversial, with two caveats: a) that people already here should be grandfathered in (none of the PEQ fiasco). b) the rights of immigrant workers should always be equal to those of established ones.
I have explained above why I don't think the housing and unemployment crises are caused by immigration.
But I agree that if all else stays the same, a big increase in precarious immigrants exacerbates things. The point is that I don't think that we should accept everything else remaining the same and then play the game of blaming the immigrants. Front and centre should be a program to address the structural problems of our economic system, and immigration only secondary. Think about it: the Liberals just aggressively cut immigration rates, while keeping other things the same. The results are only small dips in the housing market, nothing that actually makes housing genuinely affordable: we're still in crisis but now we've run out of immigrants to blame.
Any politics that puts immigration at the forefront is just ceding the initiative to the (far) Right.
Its not blaming immigrants, that is a common tactic used by lobbyists and politicians to shut down discussion. Its simply what the BoC and our institutions say.
https://www.canada.ca/en/immigration-refugees-citizenship/corporate/reports-statistics/research/immigration-housing-prices-municipalities-canada.html#s6
https://www.bankofcanada.ca/2023/12/staff-analytical-note-2023-17/
The wage one is harder to quantify due to inflation, wages would have gone up far faster like in the US, but overall wages still rose. Wages just bought far less and people who dont own inflation hedged assets are far poorer on a per capita basis.
Our institutions are not talking about financialization of housing though! So it defaults to the "if all else remains the same, the factor to blame is immigrants". If we don't end financialization of housing, then even without immigration you're still going to have the exact same problem of housing scarcity because the system requires housing to be scarce so it's an asset that always appreciates.