Has Canada turned its back on its own future?

Has Canada turned its back on its own future?

I recently had lunch with a 30-year-old working professional who makes a better-than-average salary in a great career for one of Canada's largest companies.

What she shared with me while shocking, I have heard it many times already from this age group.

"I don't think I will ever be able to afford a home in Canada and I can't even consider having children."

She told me none of her friends from school have started a family for the very same reason.

What is wrong with our government that has no compassion or plan for our future?

We need the following to support our future and we need it asap.

  1. A $50,000 zero-interest loan to each first-time homebuyer, that can be combined with a partner for a $100,000 loan provided both have two years of steady employment. The loan would be repayable in full on sale of the home or completely forgiven after 10 years. The loan can be rolled into another home if a move is required.
  2. $50,000 over five years for every child born up to a max of three per family.
  3. Free daycare provided that both parents are working or attending school.
  4. Free post-secondary education for a max of four years. Only includes tuition and books.
  5. Guaranteed work for every young person under 30 at minimum wage or better.


To encourage youth and all Canadians to start a business or invest in a business

  1. Stock purchase tax credit - any purchases made on the Canadian stock exchanges receive a 50% tax credit at the anniversary of the holding of said stock for at least one year. Max lifetime of $500,000 credit.
  2. Option to fully expense capital assets in the year of purchase.
  3. 50% wage support for every new hire that is there for at least one year. The rebate comes on the anniversary of the new hire.
  4. Daycare in the home grants and loans for startups along with free education and support for Daycare owners.
  5. Every hourly wage that is 75% higher than the provincial minimum wage entitles the business owner to a waiver on the employer portion of CPP and EI. To qualify all employees for that whole company must be 75% over the provincial minimum.


Government support at all levels to lower home costs

Local governments to reduce DCC for single-family homes by 50%

Provincial and Federal governments to release crown lands to developers.

Limit immigration until our youth are put on better footing.


All the above is doable and very easy to do, just takes will. This will stoke jobs, and grow the economy.

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Steven Bergg

Your Home Sold GUARANTEED with Team BC Guaranteed, C-21 Executives Real Estate Kelowna.

2 年

While I agree with the sentiment and direction of your post. Average price comparisons are a bit misleading when comparing the USA with Canada. It's a BIG population down there with a lot more cheap real estate outside of the main urban areas which are expensive. I have not sliced and diced their demographic data but I think it would show some key differences.

Tom Cullen

OK Delivery, confidently connects local vendors' products with consumers and businesses, supporting the growth of local companies in international markets.

2 年

Nicely put, Jim, now we just need some compliance and action, from Pierre Poilievre!

Michael Sidhu

Designing tax and wealth strategies to reduce government interference in your life

2 年

Great post Jim Csek, CPA, CMA

Jamie Rose

Leader in Financial Management, Reporting, and Analysis | Sales, Marketing, & SEO Specialist | Commercial Real Estate & Accounting Professional

2 年

It is so true. Investments in the future drive revenue growth.

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Vince Walzak

Principal at Allterra Entertainment

2 年

Jim, I fully agree with most, not all of your suggestions and I partially agree with the rest. Some of these suggestions have already been partially implemented by the current Liberal Gov't. The question is where the hell will the funding come from as we have recently gone into debt dealing with the COVID crisis? Print more money? (Hardly)

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