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this post was submitted on 19 Feb 2026
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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.