We have a biggest chunk of demographic, seniors, moving into their most expensive (in terms of healthcare) period of life with relatively very little population coming behind to replenish the tax base.
We also have publically traded (and booming) retirement corporations vacuuming up generational wealth with rents that are anywhere from $3000-6000 per month.
Novel-Werewolf-3554 on
Just as it should be. Our youth should stop having to compete with the poorest in the world for jobs and the richest in the world for housing. Then family formation can begin again in earnest.
TantricBuildup on
Is it surprising? Dont people want to be somewhat secure (financially and have a roof over their heads) Before starting a family?
People cant afford to own a home, they can hardly afford these food prices.
Jobs are difficult…
What, in the current state of Canada, says „Raise a family“
beeredditor on
Depopulation could be beneficial for Canada as a resource exportation economy. Our wealth still primarily comes from the assets in the ground. Less people means that resources are shared amongst less people, which increases everyone’s share.
OkFix4074 on
I am surprised with Quebec’s ability to holds the population, despite being the highly regulated environment for a new business to flourish or attract big tech jobs!
just 202 net out flow when compared to 66000 in Ontario ! despite being the second largest populous province!
I assume its cos the immigration targets are with the province – which has better ability to predict demand and accept accordingly.
14K in BC is not surprising – I can give it in writing 95% of that is just from lower mainland/ metro Vancouver – its insanely expensive here compared to pay grades.
MTLinVAN on
What incentive is there for people to have kids?
I have young children but know many couples who chose not to, and I can understand.
They cite the high cost of day care (I spent $1200 a month per child and for three years, there was an overlap when both my kids attended daycare).
They cite the high cost of housing or the unavailability of the right kind of housing (how many studio, 1bd, or 2bd condos do we really need? Where are affordable 3-4 bedroom housing units?).
They mention the insecurity around the job market which makes their own jobs precarious and makes them question the type of jobs their children will have down the road (let’s not forget to mention wage stagnation and the erosion of strong unions).
They mention the global environment, both in terms of climate change and increasing global instability.
They mention the high cost of living, from high cost of groceries (which is slated to go up about $100 per month for the average family), high cost of housing, high cost of insurance (which will continue to increase with the amount of natural disasters), high cost of gas/heating, increasing costs for education (I started saving into an RESP when my kids were born and I’m not despite my savings if it’ll cover the cost of future studies), etc, etc, etc
Canuck-overseas on
Just recently, Netherlands announced they now have a larger population of 65+ year olds than 20 and under. For any society….it is disastrous. Canada needs to open the immigration floodgates once again, we cannot give in to these self-sabotaging policies.
Neko-flame on
Can’t have kids in a 400sf studio that costs $2000. Most to the GenZs aren’t even fantasizing about kids or home ownerships like us millennials did. They would rather travel cause that’s something they can actually do in the next few years.
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This is why immigration has been so high.
We have a biggest chunk of demographic, seniors, moving into their most expensive (in terms of healthcare) period of life with relatively very little population coming behind to replenish the tax base.
We also have publically traded (and booming) retirement corporations vacuuming up generational wealth with rents that are anywhere from $3000-6000 per month.
Just as it should be. Our youth should stop having to compete with the poorest in the world for jobs and the richest in the world for housing. Then family formation can begin again in earnest.
Is it surprising? Dont people want to be somewhat secure (financially and have a roof over their heads) Before starting a family?
People cant afford to own a home, they can hardly afford these food prices.
Jobs are difficult…
What, in the current state of Canada, says „Raise a family“
Depopulation could be beneficial for Canada as a resource exportation economy. Our wealth still primarily comes from the assets in the ground. Less people means that resources are shared amongst less people, which increases everyone’s share.
I am surprised with Quebec’s ability to holds the population, despite being the highly regulated environment for a new business to flourish or attract big tech jobs!
just 202 net out flow when compared to 66000 in Ontario ! despite being the second largest populous province!
I assume its cos the immigration targets are with the province – which has better ability to predict demand and accept accordingly.
14K in BC is not surprising – I can give it in writing 95% of that is just from lower mainland/ metro Vancouver – its insanely expensive here compared to pay grades.
What incentive is there for people to have kids?
I have young children but know many couples who chose not to, and I can understand.
They cite the high cost of day care (I spent $1200 a month per child and for three years, there was an overlap when both my kids attended daycare).
They cite the high cost of housing or the unavailability of the right kind of housing (how many studio, 1bd, or 2bd condos do we really need? Where are affordable 3-4 bedroom housing units?).
They mention the insecurity around the job market which makes their own jobs precarious and makes them question the type of jobs their children will have down the road (let’s not forget to mention wage stagnation and the erosion of strong unions).
They mention the global environment, both in terms of climate change and increasing global instability.
They mention the high cost of living, from high cost of groceries (which is slated to go up about $100 per month for the average family), high cost of housing, high cost of insurance (which will continue to increase with the amount of natural disasters), high cost of gas/heating, increasing costs for education (I started saving into an RESP when my kids were born and I’m not despite my savings if it’ll cover the cost of future studies), etc, etc, etc
Just recently, Netherlands announced they now have a larger population of 65+ year olds than 20 and under. For any society….it is disastrous. Canada needs to open the immigration floodgates once again, we cannot give in to these self-sabotaging policies.
Can’t have kids in a 400sf studio that costs $2000. Most to the GenZs aren’t even fantasizing about kids or home ownerships like us millennials did. They would rather travel cause that’s something they can actually do in the next few years.