this post was submitted on 28 Jul 2023
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So a 1% annualized growth rate, while our growth from immigration is 3% a year (1.2M/40M). That's a recession pretending to be growth, and they're still raising interest rates.
As a construction worker who's been working 1/3 time, or less due to housing slowing down, how are we supposed to sustain this influx of people without massive public housing projects? Without refunding the CMHC and actually building affordable housing, instead of "luxury condos" everywhere.