🇨🇦🇬🇧 David Li 🇺🇦🇮🇱 @davidqlp
Famoffice CIO / Radiology Tech/ Gym rat / Econ macro nerd 🇨🇦🇬🇧🇮🇱 Toronto ,Canada Joined September 2011-
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The Canadian government's mass immigration policies of the last 10 years were highly regressive. Having seemingly learned nothing, they are dead set on turning back on the taps rather than letting the country heal. On cue, the media has begun parroting the government's narrative and gaslighting anyone who disagrees. This suggests that they remain blissfully unaware that the Bank of Canada has written extensively about how (mass) immigration has negatively affected housing, rents, inflation, labour supply, wages, and productivity. So I've compiled an inexhaustive list to help these folks. 🏘️- Monetary Policy Report, October 2023 🔗bankofcanada.ca/wp-content/upl… ▶️"The strength in rent and other housing costs is partly due to strong housing demand, which is supported by rapid population growth, and a structural lack of housing supply" 🏘️- Staff Analytical Note, December 2023 🔗bankofcanada.ca/wp-content/upl… ▶️"The rise in immigration is nonetheless contributing to pressures in inflation components linked to house prices, given that it is adding more to housing demand than to housing supply in the context of structural imbalances in the Canadian housing market." 🏘️ - Speech by Toni Gravelle, December 2023 🔗bankofcanada.ca/2023/12/econom… ▶️"When a country’s population is growing quickly, the supply of housing also needs to increase to avoid a worsening in affordability. Shortly after immigration began ramping up in 2015, Canada’s vacancy rate—a measure of how many apartments and houses there are available to rent or buy—started to fall." 🏘️ - Monetary Policy Report, January 2024 🔗bankofcanada.ca/wp-content/upl… ▶️"A larger increase in newcomers than in the past is adding pressure to the structural supply constraint in housing. This has helped to push the overall housing vacancy rate to record lows, which has underpinned house prices and led to higher rents (Chart 3-A)." 🏘️ - Staff Analytical Note, April 2024 🔗 bankofcanada.ca/2024/04/staff-… ▶️"Meanwhile, the composition of immigrants coming to Canada has changed considerably since 2015. Historically, growth of the immigrant population in Canada came mostly from permanent residents....While the wages of the earlier immigrants are closer to those of Canadian-born workers and have been increasing over time, those of non-permanent residents are much lower and have fallen over this period. Because real hourly wages are typically correlated with labour productivity, this piece of evidence is consistent with non-permanent residents working in less productive occupations." 🏘️ - Monetary Policy Report, July 2024 🔗bankofcanada.ca/wp-content/upl… ▶️"The increase in housing demand from newcomers is being felt across all types of housing, but the largest initial impact tends to be in rental markets. This is because most newcomers start out as renters." 👨🌾 - Staff Analytical Note, May 2025 🔗bankofcanada.ca/wp-content/upl… ▶️"if newcomers’ conditional wages reflect their labour productivity, the productive capacity of the Canadian economy grew less than it would have if recent newcomers had the same socio-economic characteristics as in the past." ▶️"However, this gain has been particularly acute for certain industries such as accommodation and food services, business, building and other support services, and retail trade. Labour productivity in these industries—which are comprised of a sizable share of lower-skilled occupations—is lower than the average in the business sector." 👨🌾 - Staff Analytical Note, May 2025 🔗bankofcanada.ca/2025/06/staff-… ▶️"Youth—individuals 15–24 years of age—represent a significant portion of the overall increase in unemployment since the start of 2023. This is a larger share than during other periods of rising unemployment (Chart 5). This is partly due to the high number of immigrants, who are generally younger than the rest of the population." 👨🌾 - Speech by Nicolas Vincent, May 2026 🔗bankofcanada.ca/wp-content/upl… ▶️“The labour market is particularly challenging for young people”: The 2022–24 influx of young newcomers “intensified competition in Canada for lower-skill and entry-level jobs”. Youth unemployment has risen above 14%, and he expects it may normalize now that immigration has been cut. 🏘️ - Staff Article, September 2026 🔗bankofcanada.ca/2026/09/sparks… ▶️"Strong population growth drove asking rents higher in recent years"
@danielfoch Liberals accelerating plan to turn Canada into a 3rd world shithole.... 😂
Here we go again. Pierre Poilievre is suddenly outraged by mass immigration. The same Conservatives who spent hundreds of thousands branding critics of mass immigration as “racists” while Pierre pushed for more direct flights to India. Then he helped prop up Carney’s government and hand the Liberals a majority. Pierre, you’re not the opposition to this mess. You helped create it! How much longer are Canadians supposed to fall for this Uniparty theatre?
Even more immigration? Mark Carney is totally out of touch. Conservatives are fighting to put Canadians first. Sign to back our plan to stop them: conservative.ca/cpc/fix-canada…
@MsMelChen This tragedy is France's own doing. The rioters are not "classic liberals." Reports that they spared Muslim-owned businesses while burning and looting everything else point to something far more ideological and sinister. Macron can no longer turn a blind eye to Islam.
@visegrad24 Lenin’s useful idiots : the ‘compassionate’ progressives.
@RoKhanna Import 3rd world parasites, become a 3rd world shithole country 😂
In so many cases, what happens in Europe eventually happens across the Atlantic. They are patient zero. We are running out of runway.
Please DON'T Buy Freeland's Book: Don't Make Her Any Money Don't Pay Attention To Anything She Says If she secretly hated Trudeau she could have quit any day She DIDN'T She kept kissing his Ass until he decided to fire her Don't support this awful person
‘CRYING WAS ROUTINE:' Freeland reveals Trudeau's woke cabinet culture westernstandard.news/canadian/cryin…
Canada does not need an additional 15 million Indians. We should send these highly qualified international students back to India, so that they can enrich their own country.
Saint John, New Brunswick: This man was caught dumping multiple bags of garbage at a playground and even threw some into the Saint John river. We need harsh punishments for illegal dumping before Canada is turned into a third world country.
Canada's Mass Immigration (2017 to 2025) was the worst economic policy decision in Canadian history. It was NOT progressive; it was, in fact, extremely REGRESSIVE. It transferred wealth and market power: ➡️from the Young to the Old, ➡️from the Poor to the Rich, ➡️from Labour to Corporations, and ➡️from the Renter Class to the Owner Class. Prior to 2015, immigration to Canada was high and focused on high-skilled, high-wage labour. In 2015, THIS government CHANGED the RULES, which shifted the focus to low-skilled, low-wage labour. This hurt the job prospects of young Canadians entering the labour market, put downward pressure on wages and lowered Canada's productivity. ➡️bankofcanada.ca/2025/05/staff-…) It also increased housing costs, particularly for renters, who tend to be poorer and younger. ➡️bankofcanada.ca/publications/m… In short, it was horrific for the youngest, poorest and most vulnerable in our society. Never mind the social upheaval it caused. Now that Job Vacancies have normalized and rents are falling, this government is floating the idea of raising immigration. It is outrageous. Worse, it is, again, being pitched as progressive when it is not. It hurts the Working Class; Bernie Sanders was right...youtu.be/vf-k6qOfXz0 The only thing that will improve the standard of living for working-class people is productivity growth. That's it.
One Big Question: How Did MASSIVE Levels Of Immigration 2022 - 2025 Help Average Canadians? Or did massive levels of Immigration actually FUCK- OVER average Canadians? Clearly the Fuck-Over because the Government was forced to HALT Immigration Why thnk about increasing? 2/
With Canada’s population growth at a historic low of 0.5 per cent, Mark Carney is in a position to proactively lead the debate on restarting immigration, Adam Radwanski writes. thestar.com/business/mark-…
Trump derangement virus has reached epidemic levels. These people are mentally ill.... theglobeandmail.com/opinion/articl…
@guypbenson Two-tier policing at its finest. @10DowningStreet @BBCWorld @UKPolice_Online
@TRobinsonNewEra Queers for Palestine! 🇵🇸 All they had to do was read a few quotes from Lenin…
Canadians are falling for it again. They have another prime minister making big promises, while delivering economic underperformance. You can't tax and regulate your way to prosperity.
@MichaelAArouet There's a comprehensive explanation for what happened to Canada, in one chart:
News Release - Suspect Sought in Assault Investigation at a Demonstration, Yonge Street and Grosvenor Street area, Images Released tps.ca/media-centre/n…
These rallies never happen in places that are on the up and up. If you've got a giant Palestine rally in your town, I'm afraid its's the clearest available evidence that your town is getting shittier.
MASSIVE rally in Toronto! Thousands marching for Free Palestine in Toronto #StopTheGenocideInGaza
The diversity, inclusion, and equity cult that has taken over Canadian academia does not worry this idiot. The land acknowledgements do not worry this idiot. The transgender activism wherein Canadians no longer are clear about what constitutes a man or a woman does not worry her. The crumbling healthcare system does not worry her. The indigenization and decolonization of Canadian science does not worry her. The astounding increase of Islamic immigration does not worry her because Canadian values are apparently Islamic values (as stated by @MarkJCarney). The parasitic taxation whereby the most productive members of Canadian society pay roughly 70% of their income (once all taxes are combined) does not worry her. The REAL threat according to this nasty lobotomized feminist is the US, Trump, Musk, and yours truly.
Imagine that this imbecile "journalist" @anniedufour99 thinking that the US is the great enemy of Canada. Not the astounding parasitic suicidal empathy that has led to policies placing Canada in grave existential danger (e.g., the unfettered open border immigration policies).
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