- Aug 6, 2012
- 28,129
- 24,915
- 2,405
Put a fork in the Canadian economy for the rest of this century. This, on top of now a massive increase in food prices. Guess what CBC is blaming the price increases on? Climate change and covid-19.
The Canadian Dream hasn't existed for 50 years, it is long gone, along with our reputation and civil liberties. Consider how weak our PPP is and how it is nearly impossible to make it to the Millionaires Club, let along the Billionaires Club in Canada, and the offset is only to reward the creepy kakistocracy.
Canadians are positively swimming in debt.
More than $2 trillion, in fact, according to the latest numbers from the Bank of Canada — up by almost four per cent in the past year, despite repeated dire warnings from economists, policy-makers and central bankers.
Canadians now owe roughly $1.70 for every $1 they earn, a ratio that experts warn is among the highest in the developed world.
And Canadian families are feeling the pinch.
Civil servant Lee Hyndman lives in Vancouver with her husband, Chris, a seasonal worker, and their two kids. In the past, the family didn't have to worry about keeping a roof over their heads.
But all that changed with a few unexpected calamities.
The Canadian Dream hasn't existed for 50 years, it is long gone, along with our reputation and civil liberties. Consider how weak our PPP is and how it is nearly impossible to make it to the Millionaires Club, let along the Billionaires Club in Canada, and the offset is only to reward the creepy kakistocracy.
Canadians are positively swimming in debt.
More than $2 trillion, in fact, according to the latest numbers from the Bank of Canada — up by almost four per cent in the past year, despite repeated dire warnings from economists, policy-makers and central bankers.
Canadians now owe roughly $1.70 for every $1 they earn, a ratio that experts warn is among the highest in the developed world.
And Canadian families are feeling the pinch.
Civil servant Lee Hyndman lives in Vancouver with her husband, Chris, a seasonal worker, and their two kids. In the past, the family didn't have to worry about keeping a roof over their heads.
But all that changed with a few unexpected calamities.