Posthaste: Canada could face two more decades of stagnant growth, report warns
Posthaste: Canada could face two more decades of stagnant growth, report warns
Country could be looking at low growth and higher inflation for next 20 years
All you have to do is look at Japan to see the future for most western countries.
They speedran this whole situation a few decades ago.
That feels a bit different to me because Japan refuses basically all immigration and their population is declining, while Canada is accepting record numbers of immigrants and is by far the fastest growing population in the G7.
Japan's population skyrocketted, and land prices got extremely high, it took another two decades before population started to decline.
Doesn't matter if it was births or immigration. We're seeing the population increase and land going up.
Soon we'll see immigration cut off as people get mad, and the population will take a decade or two before it starts declining.
Oh good, that'll be my entire adult life as well as my youth. Yaaaaaaay!
Don't plan on making it past 40?
In this economy?