Canada’s job market hasn’t kept up with its population growth, and that’s bad news for major real estate markets. Statistics Canada (Stat Can) data shows unemployment continued to rise in June. A deep dive shows the weakness is concentrating in some of the country’s most important real estate markets. Just five cities represent most of […]
Doesn’t our financial system require population growth?
Corporations are judged on how much they have increased their profits year over year, and not just that they were profitable. Once you get to a certain size, the main hurtle is the size of the market and not your ability to extract more from it.
Also, when you look at the chart, it’s basically at 2017 unemployment levels. So, the income generated through income tax should be proportionate, which means that we should be able to beef up social systems to help those without work.
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Doesn’t our financial system require population growth?
Corporations are judged on how much they have increased their profits year over year, and not just that they were profitable. Once you get to a certain size, the main hurtle is the size of the market and not your ability to extract more from it.
Also, when you look at the chart, it’s basically at 2017 unemployment levels. So, the income generated through income tax should be proportionate, which means that we should be able to beef up social systems to help those without work.