Short pieces by Chris Boundikas.
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01 / 04
01·
Canada has added 1.9 million jobs since February 2020. Young workers aged 15 to 24 got 62,000 of them. That's about 3 of every 100 new jobs. Before Covid they held almost 14 of every 100. Meanwhile there are 487,000 more young people. At the 2020 employment rate, another…
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Canada still has 2.8 million temporary residents. Five years ago: 1.3 million. That stock more than doubled. Even after Ottawa slammed the inflow shut, it only edged down from a peak near 3.0 million. Cutting new visas did not empty the rooms. The people already here mostly…
Read the full post on X03·
The Fed calls this "price stability." Your $100 is worth $11.52 and a house went from $23,900 to $410,700. That isn't stability. It's an inflow, and you're the exit liquidity.
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