In this episode, Neil dives into one of the most pressing issues impacting Canada's economy today: the relationship between rising immigration numbers, the country's undersupplied real estate market, and the strain on citizens' purchasing power.
With Canada's immigration policies welcoming record numbers of newcomers, Neil explores how this surge is affecting housing availability, affordability, and the overall economic landscape. As more people enter the country, real estate supply struggles to keep up, pushing prices higher and creating challenges for Canadians trying to secure homes.
Neil also touches on the broader economic implications of this rapid population growth, analyzing how immigration is reshaping the workforce, consumption patterns, and the average Canadian's cost of living. While the long-term effects of these policies are still unknown, the daily impact is already being felt by many Canadians, particularly when it comes to affording a home and maintaining purchasing power.
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Neil D'Souza:
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