Canada Is Becoming a Dystopian Nightmare
Hi, its been awhile. You know, I rarely go on camera anymore, but this video has become quite personal to me, and I feel like the best way I can tell this story is through a more personal medium. And this is the story of how canada has turned into a dystopian nightmare. This is the city of waterloo in ontario. You can think of it as the silicon valley of canada. Blackberry’s headquarters were here. 2 well known universities are located within a about 2 kilometers of one another. And over there was where I used to live when I went to school in the area in 2016. I had a 1 bedroom, 1 bathroom, 512 square foot apartment. The cost of rent? $900 a month including internet, electricity, and water. However, earlier this year, I took a look that apartment that I lived in 7 years ago and saw that it was being rented out for about $2000 a month. Essentially, the rent of this place had gone up 122% over the course of 7 years. An average increase in rent of about 17.4% per year for almost a decade. If you were to view this rental property as a rental income investment, it would be very comparable to the returns that ponzi schemes would see, like what Bernie Madoff was doing in New York before he was sentenced to 150 years in prison. Except, this apartment isn’t apart of a ponzi scheme. Its just the new Canada. You see, my one anecdotal story is not exactly an outlier for the average rental price in canada. In 2015, the average canadian paid $1172 in rent, and today, 8 years later, that number has jumped to $2289. Essentially if you invested in the rental real estate market in 2015, you ended up walking into an investment return that outpaced the best returns from the largest hedge funds in the world. And obviously, its not just rental prices that Canada has seen skyrocket, its the sale prices too. In 2011, the average sale price of a house in canada was $348,000. 12 years later, prices have more than doubled to $709,000. In Toronto, the average house went from $500,000 in 2013, all the way up to 1.3 million in 2023. In fact, if you were to look at what a $200,000 gets you in other major cities like london england. You’ll see that you can get a pretty nice 2 bedroom apartment. But in toronto, $200,000 gets you…a parking space. You heard that right. Welcome to Canada. In fact, the average 1 bedroom, 500 square foot apartment in toronto is currently going for $550,000 canadian. It is prices like these that have given toronto canada, the title of ‘the biggest housing bubble in the world’. Now even though, toronto is canada’s largest city, it doesn’t represent all of canada. But this does. The average monthly mortgage on a new home purchase in 2015 was about $1400. Today what do you think that number is? Is it up 50% in 7 years? 100%? Well let me tell you friends, if it was only 100%, that would've been great. The average monthly mortgage on a new home purchase today is approaching $3500 in Canada. And when you consider that the median household income after taxes brings in around $5000 a month, you can see why there is a mortgage crisis going on right now in the country as well. But thats only just the surface of the story. I dug a little deeper to find out why this housing crisis was going on. And a key reason why there’s a housing crisis in Canada is because of a housing shortage. One story that popped out to me was how there was a proposal to bring in 4,690 housing units in the city of Mississauga ontario, a city with about 825,000 people that has been hit especially hard by this housing crisis. The proposal was going to build a few high rises along with an entire neighborhood of townhomes and detached houses. However, the homeowners and the city council shot this proposal down citing things like not wanting to live in a congested area, or a construction site for a few years, and also, having too many shadows cast upon the surrounding area. And to be honest, I understand where this thought process was coming from. If i’d spent my life savings to buy a house in a more quiet neighborhood, I wouldnt want it to turn into a congested and noisy nightmare either. But this was just one example of many rejections that would having helped fixed canadas housing shortage. 2nd Channel: 
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/ @chapple3388 My Game Dev Channel: / @attikagames1160 Want some Advice? Ask Me on Reddit! / jackchapple Personal: On Tik Tok: @jackchapple On Reddit: / jackchapple On Instagram! / jack_chapple_real On Twitter! / jackchapplesci On Facebook! / chapplerei CONTACT: jackchapplevideo@gmail.com OR (even better, and more likely to get to me): Send me a tweet or instagram DM. Podcast:Jack Chapple
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Why I Left Canada Permanently... (10 Honest Reasons)
Here are 10 reasons why people are leaving Canada and why I left Canada permanently and moved to Europe. I will cover my main reasons why I left my home country Canada some of the reasons many other people are leaving Canada too. #canada #canadian #leavingcanada
Nomad CEO
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Breaking Point: 7 Shocking Reasons Why Immigrants Are Leaving Canada in 2023
n recent years, Canada has been seen as an attractive destination for immigrants seeking better opportunities and a high standard of living. However, a surprising trend has emerged in 2023 - an increasing number of immigrants are leaving Canada. The reasons behind their exodus? The cold weather and harsh winters have always been a challenge for many newcomers, but now, poor job prospects and a high cost of living are making it difficult for immigrants to establish themselves and build a life in Canada. But the four other reasons will surprise you! Music from #Uppbeat (free for Creators!): https://uppbeat.io/t/all-good-folks/a... License code: EEQGPAEXAJUQPBXY Music from #Uppbeat (free for Creators!): https://uppbeat.io/t/nick-petrov/endl... License code: LITGXBZYDPQSOVFC
Christi In Canada
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The REAL reason why Immigrants are Leaving CANADA. Watch before you make a decision!
Why New Immigrants, Including Filipino Immigrants, Are Leaving Canada?" Welcome back to our channel! Today, we're diving into a topic that's been making headlines lately – why new immigrants, including Filipino immigrants, are leaving Canada. We'll explore the key reasons and discuss solutions to help newcomers thrive in their new home. In 2022, the following 10 countries were Canada’s top immigration sources according to each immigrant’s country of citizenship. Each country will be listed alongside the number of immigrants that came from that country and the percent of Canada’s total PR number accounted for by that country. India (118, 095 immigrants) – 27% China (31,815 immigrants) - 7.2% Afghanistan (23,735 immigrants) – 5.4% Nigeria (22,085 immigrants) – 5.05% Philippines (22,070 immigrants) – 5.04% France (14,145 immigrants) – 3.2% Pakistan (11,585 immigrants) – 2.6% Iran (11,105 immigrants) – 2.5% United States of America (10,400 immigrants) – 2.3% Syria (8,500 immigrants) – 1.9% The Filipino community is one of the largest immigrant groups in Canada. But why are some of them leaving? Several factors contribute to this trend. Filipino immigrants, like many newcomers, face challenges such as underemployment, lack of recognition for foreign credentials, and high living costs, particularly in major cities. These factors can lead some to consider returning to the Philippines. Cities with the Highest Rate of Immigrant Departures Some cities are experiencing a higher rate of immigrants leaving and returning to their home countries. These cities often have high living costs and limited job opportunities for newcomers. Cities with High Immigration Departure Rates - Vancouver, Toronto, and Calgary have seen higher departure rates. Coping and Thriving as New Immigrants Now, let's discuss solutions to help new immigrants, including Filipinos, cope, adjust, and ultimately thrive in Canada. 1. Mentorship and Networking: Connect with established immigrant support organizations and fellow immigrants to build a strong network and gain valuable insights. 2. Credential Recognition: Advocate for better recognition of foreign credentials and explore upgrading opportunities through local educational institutions. 3. Financial Planning: Create a budget and financial plan to manage expenses and save for the future. 4. Language Skills: Invest in language courses to improve communication and job prospects. 5. Explore Regional Opportunities: Consider settling in smaller cities or provinces with lower living costs and more job opportunities. In conclusion, Canada remains a welcoming destination for immigrants, including Filipinos. While challenges exist, with the right support, determination, and strategies, newcomers can overcome these obstacles and build successful lives in their new home. If you have any questions or experiences you'd like to share, please leave them in the comments. Don't forget to like and subscribe for more insightful content. Thanks for watching! Everydollar app link https://play.google.com/store/apps/de..
FilUCan
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Survey: 30 per cent of newcomers likely to leave Canada in 2 years
A new online survey shows 30 per cent of newcomers are considering leaving the country within the next two years. Dilshad Burman with the reasons why and what it means for the Canadian economy.
CityNews