Despair in Canada
Aug 16, 2023
Cost of living crisis is pushing people to the edge.
— Wall Street Silver (@WallStreetSilv) August 15, 2023
People feel trapped, and hopeless, not knowing what to do to get out of this situation.
Canada is broken 🚨🚨🚨
🔊 pic.twitter.com/7e9SNlo20B
After graduating from university, she'll be making only 25% more than minimum wage. Her after-tax monthly pay will be roughly $2,800. If she lived in a basic apartment in Toronto by herself, then her entire income would be consumed by rent. Even if she shared the place with a friend, she would have $1,400 left over for food, utilities, internet, phone, transportation, etc.
After the doubling of prices over the past four years, it's no wonder that she's crying. Salaries and wages won't go up much though, thanks to Prime Minister Zoolander who will be importing over half a million new people every year. In fact, he'll soon be announcing an increase in immigrant quotas to keep wages low as the average young Canadian gets crushed under higher prices.
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