4 years ago, Canada was also promised "the top 0.01% of talent" with temp foreign workers.
"Doctors and engineers"
What did we ACTUALLY get?
-diploma mills
-a housing shortage of 4 million homes
-15% youth unemployment
-lineups for job fairs
-immigration scams, nepotism
-balkalization, with entire cities from one demographic
-$40k "pay for citizenship" jobs
-protests demanding citizenship
-hospital wait times and infrastructure shortages
-wage suppression
-companies unable to compete if they didn't also bring in foreign workers
-refugee claims, when citizenship didn't pan out
-40% to 50% housing inflation
-40% rent inflation
-10 people living in single family homes
-lower gdp per capita
-empty food banks
-40 year old dudes working the teen jobs
-people working UNDER minimum wage
Canada's view of immigration plummeted 30% in 3 years.
And ultimately.... our left-wing prime minister had to apologize on national TV for this immigration mishap.
BREAKING - As Part of the UN The Decade for People of African Descent
The Canada will be establishing a "Black Justice Strategy"
$77 million in new spending for sentencing reform/health/rehabilitation and education exclusively for Black Canadians.
Details --> 🧵
"Black Canadians are overrepresented by wide margins in criminal courts, as victims of hate crimes, childhood abuse, and homicide, and in discrimination by police"
The 2024 Fall Economic Statement proposes to provide $77.9 million over two years, starting in 2025-26, to launch Canada’s Black Justice Strategy.
This strategy takes a whole-of-government approach and includes:
˗ $23.6 million over two years, starting in 2025-26, for the Department
of Justice to:
support Black-specific court worker services;
expand the use of Impact of Race and Culture
Assessments to
equip judges to write fairer pre-sentencing reports;
develop supports for Black victims and survivors of crime;
extend the External Steering Group, which provides expert advice
on implementing the Black Justice Strategy; and,
develop Black-specific diversion, conferencing, and bail supervision
programs for Black youth.
Almost infinite money glitch, take your Canada Child Benefit
put it into an RRSP -- now you get a 25-45% extra money because it was never taxed and is not taxable income. youre getting the tax refund back from ANOTHER income source.
AND you get more Canada child benefit next year because you've lowered your family income
Repeat.
To recap
Lets say you make 100k/yr
you take your $5000 CCB, put it an RRSP
and lower your income $5000
well, because the CCB doesnt count as income the tax deduction shaves off your work income
and, lets say you pay 35% tax
Well, now you have $5000 in an RRSP
and youll get $1750 back at tax time
AND youll get more money next year for CCB because its based on your income
So now, next year youll have a $1750 tax return and a $5200 CCB to invest in an RRSP ;)
which... then get your a LARGER tax return and a LARGER CCB
until the point where your RRSP contribution room is maxed out
And then, of course
you aim to cash out when your kids are older, at a time when you are no longer getting CCB