this post was submitted on 20 Jul 2025
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The reason is nobody wants mass immigration to artifically replace GDP, which lead to capital shallowing and everyone becoming poorer in the aggregate.
In the 38 countries of the OECD Canada was second to last only to Luxembourg since 2015 in per capita GDP growth, it has been abysmal and it hurts the poor the most. The rich like Carney invest in the US, as per his recent disclosures.