Canada

I was reading a brilliant article titled “Post-Scarcity Economics” by Tom Streithorst and it resonated with me about our failing economy in Canada that I needed to write an article on it. Although the article is set against the US economy, much of what happens there also happens in Canada, albeit to a less extent 1. Please read the entire article (warning: it is lengthy) first, and I will be pulling sentences out and applying my experiences in Canada to them. ...

This Bloomberg article answers exactly what I’ve been questioning for the past 8 years: how is it that people in Canada (and Vancouver, in particular) can afford to live such extravagant lives? Well, the answer is that they can’t. And I knew that they couldn’t live their lives like that, but I never had any empirical evidence to back it up. The article displays the following graphic at the top, to highlight just how screwed us Canadians are in the near term. ...