Housing
Trudeau admits immigration too much for Canada to ‘absorb’ but keeps target at record high

From LifeSiteNews
Despite his admission that the influx of people has outpaced Canada’s ability to sustain itself, Trudeau said he is committed to continuing his government’s plan to bring in 500,000 permanent immigrants each year.
Prime Minister Justin Trudeau has admitted that his mass immigration policies have driven Canadians’ wages down and attributed to the housing crisis, but he still insists on bringing in hundreds of thousands of people each year.
During an April 2 media conference in Dartmouth, Nova Scotia, Trudeau acknowledged that his immigration policies have negatively affected Canadians after a journalist questioned him on how his policies have contributed to record high unaffordability in the nation.
“Over the past few years, we’ve seen a massive spike in temporary immigration, whether it’s temporary foreign workers or whether it’s international students in particular that have grown at a rate far beyond what Canada has been able to absorb,” he admitted.
PM Trudeau says immigration to Canada has "grown at a rate far beyond what Canada has been able to absorb," adding that "temporary immigration has caused so much pressure in our communities," in relation to housing #cdnpoli pic.twitter.com/3ASFufZKID
— Mackenzie Gray (@Gray_Mackenzie) April 2, 2024
“To give an example, in 2017, two per cent of Canada’s population was made up of temporary immigrants,” Trudeau continued. “Now we’re at 7.5 per cent of our population comprised of temporary immigrants. That’s something we need to get back under control.”
Amid heckling from protestors, Trudeau acknowledged that the immigration crisis must be solved. However, he attributed the negative effects only to the spike in “temporary” immigrants, who he claims are “putting pressure on our communities.”
“That’s something that we need to get back under control, both for the benefit of those people because international students we’re seeing increasingly vulnerable to mental health challenges, to not being able to thrive and get the education they want,” he stated.
“But also, increasingly more and more businesses [are] relying on temporary foreign workers in a way that is driving down wages in some sectors,” Trudeau continued.
Despite the admission, Trudeau announced that he still plans to bring in permanent immigrants at a record pace, despite Canadians struggling to afford homes and even food.
“Every year, we bring in about 450,000, now close to 500,000, permanent residents a year, and that is part of the necessary growth of Canada,” he insisted. “It benefits our citizens, our communities, it benefits our economy.”
While Trudeau remains insistent that mass immigration “benefits” the economy, recent figures show that the nation’s GDP per capita growth rate is dismal compared to other countries with lower relative immigration levels like the United States.
The Bank of Canada has even gone as far as saying that the weakening productivity of the nation’s economy has become “an emergency.”
In March, Canada reached a population of 41 million, just 9 months after hitting the 40 million mark. Such growth is unprecedented in recent history and among the highest immigration rates in the world.
Trudeau’s acknowledgment comes as a recent report found that Canada is one of the unhappiest places in the West for people in their 20s as young Canadians are experiencing the effects of Trudeau’s government, which has been criticized for its overspending, onerous climate regulations, lax immigration policies, and “woke” politics.
Additionally, a March poll revealed that seven out of 10 Canadians believe the country is broken and that the Trudeau government does not focus on issues that matter.
Furthermore, many have pointed out that considering rising home prices, many Canadians under 30 are at risk of never being able to purchase a home.
2025 Federal Election
Voters should remember Canada has other problems beyond Trump’s tariffs

From the Fraser Institute
By Jake Fuss and Grady Munro
Canadians will head to the polls on April 28 after Prime Minister Mark Carney called a snap federal election on Sunday. As the candidates make their pitch to try and convince Canadians why they’re best-suited to lead the country, Trump’s tariffs will take centre stage. But while the tariff issue is important, let’s not forget the other important issues Canadians face.
High Taxes: As many Canadians struggle to make ends meet, taxes remain the largest single expense. In 2023, the latest year of available data, the average Canadian family spent 43.0 per cent of its income on taxes compared to 35.6 per cent on food, shelter and clothing combined. High personal income tax rates also make it harder to attract and retain doctors, engineers and other high-skilled workers that contribute to the economy. Tax relief, which delivers savings for families across the income spectrum while also improving Canada’s competitiveness on the world stage, is long overdue.
Government Debt: At the end of March, Canada’s total federal debt will reach a projected $2.2 trillion or $52,094 for every man, woman and child in Canada. The federal government expects to pay $53.7 billion in debt interest costs in fiscal year 2024/25, diverting taxpayer dollars away from programs including health care and social services. The next federal government should rein in spending and stop racking up debt.
Red Tape: Smart regulation is necessary, but the Canadian economy is plagued by a costly and excessive regulatory burden imposed by governments. Regulatory compliance costs the economy approximately $12.2 billion each year, and the average business dedicates an estimated 85 days towards compliance. The next federal government should cut undue red tape and make Canada an easier place to do business.
Housing Affordability: Canadians across the country are struggling with the cost of housing. Indeed, Canada has the largest gap between home prices and incomes among G7 countries, and rents have spiked in recent years in many cities. In short, there’s not enough housing to meet demand. The next federal government should avoid policies that stoke further demand while working with the provinces and municipalities to remove impediments to homebuilding across Canada.
Collapsing Business Investment: Business investment is necessary to equip workers with the tools, technology and training they need to be more productive, yet business investment has collapsed. Specifically, from 2014 to 2021, inflation-adjusted business investment per worker fell from $18,363 to $14,687. Declining investment has helped create Canada’s productivity crisis, which has led to a decline in Canadian living standards. Clearly, Ottawa needs a new policy approach to address this crisis.
Declining Living Standards: According to Statistics Canada, inflation-adjusted per-person GDP—a broad measure of living standards—dropped from the post-pandemic peak of $60,718 in mid-2022 to $58,951 by the end of 2024. The next government should swiftly reverse this trend by enacting meaningful policy reforms that will help promote prosperity. The status quo simply will not suffice.
Tariffs are a clear threat to the Canadian economy and should be discussed at length during this election. But we shouldn’t forget other important issues that arose long before President Trump began this trade war and will continue to hurt Canadians if not addressed.
Business
CMHC dished out $30 million in bonuses in 2024

By Ryan Thorpe
The Canada Mortgage and Housing Corporation rubberstamped $30.8 million in bonuses in 2024, according to government records obtained by the Canadian Taxpayers Federation.
That pushes total bonuses at the CMHC up to $132 million since the beginning of 2020.
“Why are Canada’s housing bureaucrats showering themselves with bonuses when countless Canadians can’t afford homes?” said Franco Terrazzano, CTF Federal Director. “Canadians need more homes, not more highly paid pencil pushers rubberstamping bonuses for each other.”
A total of 2,398 CMHC staff (91 per cent of its employees) took $30.8 million in bonuses in 2024 – for an average of $12,865 each.
The records show that 12 CMHC executives took a combined $1 million in bonuses last year – for an average of $83,859 each.
The CMHC also issued 2,190 pay raises to staff in 2024, costing taxpayers $9.3 million. No employees took a pay cut, according to the records.
The CMHC has repeatedly claimed it’s “driven by one goal: housing affordability for all.”
In 2024, the Royal Bank of Canada said it was the “toughest time ever to afford a home.”
Last year, polling from Ipsos found 72 per cent of Canadians who do not own a home say “they have given up on ever owning” one.
Eighty per cent of respondents to that poll also said home ownership in Canada is now “only for the rich.”
The Canadian Real Estate Association, in its latest housing outlook report, predicted the average home price will “climb by 4.7 per cent on an annual basis to $722,221 in 2025.”
“The CMHC’s c-suite deserve pink slips more than huge bonuses,” Terrazzano said. “The federal government must stop rewarding failure with taxpayer-funded bonuses.”
Undeserved bonuses are a longstanding tradition in Ottawa.
The federal government has awarded $1.5 billion in bonuses since 2015, despite the fact that “less than 50 per cent of [performance] targets are consistently met within the same year,” according to the Parliamentary Budget Officer.
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