04-15-2025, 02:14 PM
(04-13-2025, 07:06 AM)Momo26 Wrote: They say median is a better measure in many respects but I need to take a closer look at all the data.
I think when people talk and seemingly everyone around them says they are feeling the pinch at the grocery, with the mortgage, and not saving nearly a much (or zero), it tells people all they need to hear.
I know now beyond a doubt that the educated class has a much higher earning potential in the US vs Canada. I have come to conclude that Canadian companies and by extension canadians, have a smaller appetite for risk and thusly are less innovative and have less growth mindset as compared to US counterparts. Are we living a 'better, slower paced and less-ambitious' life as a result? That's subjective. But the once comfortable middle-class is becoming far less comfortable and cushy now
This! Canada is currently the land of mediocrity and high-taxes. My question is what happens when someone else's money runs out? As in, when corporations and wealthy individuals leave, who will foot the bill? The spending is out of control and our current tax system is out of touch and uncompetitive - we are a broke nation but no one wants to admit it, can't wait to see how this will evolve
Secretly hoping Carney wins as he will drive this country into despair - a wake-up call is needed every now and then, hopefully we get ours soon