Canada's Immigration Own Goal | IceCap Canadian Market Wrap Episode 02

[@cyb_structure]

Excellent, Richard and production crew. Excellent, guys 👊🏼

[@KeithDickerIceCapAssetManageme]

Thank you, Cyb. Please share if you're able.

[@IceCapAssetManagement]

Glad you enjoyed it!

[@ol_thecreator]

Love the content! Came over from the Loonie Hour Pod, keep it up!

[@KeithDickerIceCapAssetManageme]

Thanks, man. Spread the word.

[@paulbarton5322]

Interesting material that helps visualize a lot of what many are feeling in Canada. I love the timestamps on the articles referenced so no one can claim they weren't aware this was going to be a problem.

[@KeithDickerIceCapAssetManageme]

Thanks. Please share with family and friends - really trying to grow this channel.

[@kevinkilgour1]

Solid content, Rich

[@KeithDickerIceCapAssetManageme]

Thanks, Kevin. KD.

[@IceCapAssetManagement]

Thank you Kevin!

[@James-il3tq]

Great analysis and detail Richard. Love the chapters too!

[@KeithDickerIceCapAssetManageme]

Thanks. Please share with family and friends - really trying to grow this channel.

[@marcgatto9675]

It's funny how the USA vs. Canada productivity gap completely diverged in 2015. I wonder what happened?

[@KeithDickerIceCapAssetManageme]

it's weird...

[@benvicius672]

I can't even deal with how rational and factual this is...

[@KeithDickerIceCapAssetManageme]

Thanks. Please share with family and friends - really trying to grow this channel.

[@Macinro191]

Great content, thanks icecap!

[@IceCapAssetManagement]

Thank you for watching!

[@aliihusain]

Richard, as someone who lives in Toronto with a young family, I find it frustrating that we often avoid going out because so many places are overwhelmingly crowded. It’s disheartening to see what’s happening to this beautiful city. However, looking 10 years ahead, do you think the current population growth could ultimately be beneficial, assuming the government reduces immigration levels to a more sustainable rate? Could you provide examples of other countries that have implemented similar extreme measures and how it affected them in the long term? Great presentation! Best of luck with the new channel.

[@Mike-xn8yt]

Hey Keith, Rich deserves a raise.

[@Lexis.options]

Great podcast content delivery Rich.

[@IceCapAssetManagement]

Thanks for listening!

[@KeithDickerIceCapAssetManageme]

Thanks. Please share with family and friends - really trying to grow this channel.

[@Trenty47]

Great video. So much effort goes into it. We appreciate your even keel and focusing on the data instead of sentiment.

[@KeithDickerIceCapAssetManageme]

Thanks Trent. Please share with family and friends - really trying to grow this channel.

[@Davidtbv]

Amazing work this was such a great presentation on such an important issue in Canada! You rock Rich!

[@ArcticCoder]

The Atlantic immigration pilot very quickly exposed many of the problems. Quick rental availability drop followed. Tent encampments started. Immigrants were suddenly everywhere.

[@handaferguson]

Great Job!!! Thank You... :-)

[@IceCapAssetManagement]

Thanks for watching!

[@ethimself5064]

That population growth chart looks 😱😱😱

[@shakar.bajalan]

Great overview explanation

[@Fundywhatshappening]

Do you think the housing/rental situation also prevents labour mobility within Canada, further impacting labour mismatches.

[@IceCapAssetManagement]

Yes I do! That's an excellent point.

[@gregorycaldwell3721]

I think one factor you're missing in the labour productivity section is the impact the anti oil and gas policies of the Trudeau gov't post 2015. This has resulted in capital flight, reduced FDI, and huge compliance costs resulting in a less competitive (and productive) energy sector. This sector has historically been one of the highest productivity sectors in the cdn economy. During this same period investment and production in the US energy sector has exploded.

[@IceCapAssetManagement]

Excellent point. I glossed over it when I a mentioned the Anti-Oil politicking but admittedly I could have spent more time on it. Maybe I'll make that the topic for a separate video.

[@rob-rf5mc]

Rich for PM!

[@IceCapAssetManagement]

Thank you but I'm not sure I'm cut out for that life. Who knows.

[@GrayMatterNZ]

Great work, love the content. Also makes me want to scream as the feds and the provinces don't give a shit

[@KeithDickerIceCapAssetManageme]

Hi Gray, thanks. Please share with family and friends - really trying to grow this channel.

[@IceCapAssetManagement]

Thank you

[@MurCurieux]

I am more than willing to leave for the US if Canada wants to help with the emigration process.

[@James-il3tq]

Canadian government is not going to help people flee this 💩 show. If anything they'll do what they can to keep people, their labour, businesses and capital from fleeing. You have to do it on your own mate 💪

[@MurCurieux]

Preach, wish I would have focused on getting out of this country earlier in my life. Never too late though I guess.

[@mikebroughton8644]

Perhaps you've seen how much the exit tax is...

[@MurCurieux]

Oh lord… tell me it isn’t so.

[@freddyferg]

Clearly the current government never had a goal of affordable housing. On the contrary the goal was to increase credit growth and the value of bank mortgage books. Increasing housing demand was always more doable than increasing housing supply in any event. The extraordinary increase in immigration helped to further stimulate housing demand. It also had the effect of suppressing wages also to the benefit of the status quo interest groups. Basically government policy is to maintain the status quo while offering platitudes of change. As such the Conservatives are now the “change party” without even positing anything substantive in terms of policy. All of this only works in Canada because of lack of engagement of the electorate.

[@g.a.brownetylutanic2028]

The titles are too negative. Need a second foil to add to the banter.

[@ashishtewaripro]

This is great stuff, wish more people see this. Thanks Rich 🙌 The GDP per capita graph says it all, clearly demonstrates when Canada started going downhill 📉

[@KeithDickerIceCapAssetManageme]

Thanks. Please share with family and friends - really trying to grow this channel.

[@IceCapAssetManagement]

Glad you liked it!