May 28, 2024

#220 - How Incompetence Has CRUSHED Canada

51 minutes

First, we uncover the startling revelations about the Canada Pension Plan's failure to meet its inflation targets. What went wrong, and how does this impact the retirement security of millions of Canadians? We dissect the numbers, the miscalculations, and the repercussions of this financial oversight.

Next, we turn our attention to the government’s decision to increase immigration targets, a move that has sparked widespread discontent among immigrants already in Canada. We explore the challenges these newcomers face, the growing frustration within immigrant communities, and the broader social and economic implications of this policy shift.

Finally, we address the alarming rise in mortgage risks that now threaten Canada’s financial stability. With skyrocketing housing prices and increased borrowing, we analyze how the mortgage market's fragility poses a significant risk to the nation’s economy and what this means for homeowners and potential buyers.

0:00 - Intro

3:46 - CPP not keeping up with inflation

16:14 - Immigration Runs Rampant

25:41 - Mortgages Pose Risk to Canadians Financial Security

35:30 - Vassy Grills MP Mark Holland

47:00 - Wild Card

...more