Canada will likely collapse in the next 10 years. While that sounds like wild sensationalism, mounting evidence now points to a collapse on the horizon.

While the nation still maintains the appearance of a wealthy, developed Western democracy, Canada is hanging on through life support.

Half of Canadian provinces are now poorer per capita than the poorest US State – Mississippi – and Canada’s most populous and influential province – Ontario – has the same per capita GDP as Alabama.

So, what caused this rapid deterioration? What form is this collapse likely to take, and is it too late to prevent it?

Video Script:

Canada will likely collapse in the next 10 years that might sound like wild sensationalism but mounting evidence now points to some form of collapse on the horizon while the nation still possesses the outward appearance of a wealthy developed Western democracy Canada is currently hanging on through life support the oecd predicts Canada will rank dead last among its 40 Advanced Nations through the 2020s furthermore they predict Canada will have the slowest economic growth out to 2060 half of Canadian provinces are now poorer per capita than the poorest US State Mississippi and Canada’s most populous and influential Province Ontario has the same per capita GDP as Alabama to add to this the cost of living crisis particularly housing is approaching epidemic levels while Mass waves of immigration continue unabated no major political party seems willing to tackle the immigration Fiasco so there’s little hope for improvement in this regard Canada is now running on the fumes of its former prosperity and when this dries up the brittle bonds holding the Canadian Confederation together will swiftly break so how did this situation come to be what form is the collapse likely to take and is there any way to prevent it before answering these questions it’s crucial to examine the current state of Canada’s economy the nation is facing new numerous systemic issues but perhaps the most glaring is the massive level of capital flight Capital flight has two components a significant decrease in foreign investment in Canada and a rapid increase in Canadian Capital flowing abroad since 2013 foreign investment in Canada has decreased by 55.1% while Canadian Investments abroad have surged by 73.7% this trend is largely due to increased regulation high taxes skyrocketing debt levels deteriorating public finances and heightened uncertainty about the nation’s future unsurprisingly this downturn coincides with the rise of Justin Trudeau’s Canadian Liberal Party to power it should be noted that this has not been the historical Norm for Canada the nation led the United States in business investment as a share of GDP prior to 2015 while this is undoubtedly concerning a more fundamental problem exists in Canada’s economy it’s difficult to overstate how much of Canada’s economy is now a giant Real Estate House of Cards between 2014 and 2021 housing accounted for an astonishing 34% of total investment in Canada compared to just 18.5% in the US in contrast investments in productive sectors such as research and development intellectual property and information and Communications technology techology lag far behind those of the US for example Canada’s R&D investment is just 12.6% compared to 27.7% in the US an IT investment stands at 10% in Canada versus 177% in the US in other words when it comes to investments in productive assets the things that make products create jobs and promote productivity growth the US is vastly better positioned people tend to forget but it wasn’t long ago that houses were a place to sleep raise children and barbecue with friends on the weekends contrast that with the current Canadian dream of getting someone else to cover your mortgage payments with their rent and one can appreciate how twisted the idea of housing as an investment has become the transformation of housing into an investment vehicle has been disastrous housing unaffordability has led to couples delaying getting married having children and opening small businesses take a look at this chart indicating the average birth rate in 2022 the birth rate dropped to a historic low of just 1.33 children per woman meanwhile the average age of firsttime mothers has steadily climbed over the last 5 decades from 25.6 years in 1976 to 31.6 in 2022 in Vancouver Canada’s least affordable City the birth rate is a poultry 1.1 children per woman looking at these statistics it’s clear that the issue of housing unaffordability is directly impacting the birth rate simply put the issue isn’t that young Canadians don’t want to have families they’re just being priced out of doing so lastly while Canadians love to brag about their highquality and affordable education system which is largely accurate at the University level the nation is now losing skilled professionals at an astonishing rate primarily to the United States in the highly sought-after Tech Focus stem field one in four graduates are leaving to work abroad among software Engineers some of the most important talent for any advanced economy a staggering 66% are leaving to work outside the country this brings us to the next major issue facing the nation while its skilled workers are leaving unskilled workers are arriving in droves through Mass immigration while much has been said about Mass immigration to Canada there is a more Insidious aspect of this problem that goes largely unnoticed the labor shortage deception Canada has one of the highest immigration rates in the industrialized world the federal government’s current plan for 2024 to 2026 will bring in nearly 1.5 million new permanent residents over the 3-year period with a population of 39.7 million this represents a 3.7% increase in 3 years this figure doesn’t even include the over half million international student visas issued annually when included this jumps to a 7.5% population increase in 3 years a jarring figure the reason given by politicians for these Sky High immigration targets is a supposed shortage of skilled workers however this is a Lie the reality is Canada doesn’t have a labor shortage it has a peasant shortage for years corporations have been exploiting loopholes in the temporary foreign worker program hiring International students and foreign workers for less than the cost of hiring Canadians this abuse is now rampant in the labor market where labor market impact assessment lmia fraud allows businesses to hire foreign workers and essentially sell them low skill jobs in exchange for a fast track to permanent residency while this sounds unbelievable the scheme is currently happening on a massive scale here’s how it works immigration Consultants approach businesses with an offer to Source foreign workers willing to pay cash in exchange for hiring them the foreign workers eager to gain expedited access to permanent residency through a job offer are happy to pay the lmia program requires these jobs to be posted on Canadian job boards before they can be offered to foreign workers to meet this requirement businesses post the positions on ghost job boards that technically comply but receive no actual web traffic after 28 days the business can legally hire the foreign worker who then kicks back part or all of their pay to the business along with a portion to the consultant for setting up the deal lmia jobs are often sold for $50,000 or more and an entire industry has emerged with shell companies created for the sole purpose of selling as many lmia jobs as possible this scheme is most prevalent in sectors like fast food restaurants Transportation warehousing and Retail positions that previously would be filled by high school and college kids happy to work in entry-level positions importing foreign workers isn’t needed to take orders at Tim Horton’s or stock shelves at Walmart so the claim that these workers are filling highly skilled labor gaps becomes extremely dubious combine this with the unemployment rate hitting a 7-year high of 6.6% and the reasoning becomes even more questionable 2023 loan saw 240,000 new lmia jobs approved more than double the number from just 5 years earlier this figure doesn’t even include open work permit holders or International students who don’t need permits to work in 2023 the number of international students with active study permits in Canada soared to 1.04 million putting it on par with the US despite Canada having just oneth of the US’s population when you add up all sources of foreign labor you’re looking at just shy of 2 million people with a Workforce of 16.5 million this represents an astonishing 12% of the total Workforce the concept of bringing in highly skilled workers to fill technical roles where there is a genuine shortage isn’t inherently a bad one however the current system is a far cry from that goal the result McDonald’s and Tim Horton’s jobs now have applicants lining up around the block for a chance at a low-wage job that not long ago would have been handed to any teenager who walked through the door so if the immigration system is dysfunctional to the point it’s destroying many Canadians future why is it allowed to continue the answer lies in the fact that big business greatly benefits from cheap exploitable labor and the major political parties in Canada largely in the pockets of these corporations are reluctant to rock the boat while the Conservative Party of Canada is now openly discussing reforms to the immigration system it remains to be seen if this is simply lip service before an election or a genuine effort to slash temporary foreign workers and international student numbers the previous issues while dire might still be reversed given the right mix of policy and political will but now we get to something more structural pointing to an eventual collapse throughout history collapsing societies share several key attributes Wars and revolutions are often preceded by large numbers of restless young men men without prospects without families or careers to pour their energy into young men quickly become a chaotic and destabilizing force within Society consider the rapid rise in the youth population in France leading up to the revolution the Spanish conquistadors plundering the Americas who are segundos or second Sons without inheritance rights or more recent violent political upheaval seen during the Arab Spring in Canada there are now nearly a qu million more men than women between between the ages of 20 and 29 mostly due to immigration this translates to 10% more men than women in this age group combine this with Skyhigh housing costs low wages and runaway inflation and you have a large population of frustrated bitter single men living a dozen to an apartment while working low-wage service jobs it’s safe to say this is a potential security issue and will not end well next Societies in Decline experience widespread institutional decay in Canada’s casee this can be seen in nearly every major public institution the nation’s once celebrated Health Care system is now rapidly collapsing with 6.5 million Canadians roughly 22% of the population having no access to a family doctor additionally weight times for critical surgeries like hip and knee Replacements commonly exceed a year the banking system still seen as one of the most stable in the world is on the cusp of a mortgage crisis as delinquency rates sore particularly in the two hottest housing markets Ontario and British Columbia compared to a year ago delinquency rates are up 135% in Ontario and 62% in BC and when it comes to education another one of Canada’s former pride and joys we are now witnessing a dramatic shift in public confidence in the last 20 years the percentage of younger Canadians who view a university education as a Sound Investment has dropped from 85% to 45 % this sort of institutional Decay has led to a widespread loss of trust which can be observed in plummeting approval levels for both Federal and provincial governments the news media and economic confidence a 2023 survey showed only 28% of Canadians think their families will be better off in 5 years a 6% drop and an all-time low the same survey reported that 60% of Canadians now say the country is more divided than ever before four widespread loss of confidence leads to higher levels of mistrust anger and Division in society this indicates the process of bulcan isation is now well underway which does not bode well for the nation’s future with the groundwork for collapse laid out the question becomes what form would this collapse take historically Nations collapse in one of two ways either through Civil War Revolution or a coup or through financial collapse in Canada’s case the latter is far more likely than the former armed Revolution is exceedingly improbable in an aging population without a significant presence of paramilitaries militias or other non-state armed groups a financial collapse similar to what happened in Argentina or Lebanon would be the more likely scenario while this might sound far-fetched it wasn’t long ago that Argentina and Canada were on par economically in the early 20th century Argentina developed its highly fertile Farmland rapidly industrialized and even surpassed Canada in total income per capita income and population What followed was a long and steady decline starting in the 1960s culminating in 2001 when Argentina experienced a complete collapse the nation defaulted on his debts and fell into a deep political and economic crisis from which it has yet to recover it’s important to note that Argentina’s collapse wasn’t due to war famine or plague instead it was self-inflicted the result of Decades of poor fiscal and monetary policies including wealth redistribution trade protectionism and import substitution in Canada’s case we can see the beginning of this process in real time through Capital flight bad economic policies Mass immigration and the ongoing housing crisis it’s worth noting that the idea of Canada breaking apart isn’t new historically this involved the French speaking province of Quebec breaking away to form an independent country the Quebec sovereigntist movement gains significant traction starting in the 1960s leading to two referendums on Independence in 1980 and 1995 both were narrowly defeated but the margins were close with the 1995 referendum failing by a razor thin margin of 50.6% to 49.4% the other potential separatist movement is based in the western provinces particularly Alberta Western alienation has long been an issue in the western provinces of Alberta and Saskatchewan and to a lesser extent British Columbia and Manitoba in its current form much of this sentiment comes from the perception of federal overreach lack of representation in Ottawa and the suppression of Western Energy development Alberta in particular could be the Catalyst for a future breakup The Province contributes roughly 16% of the nation’s GDP despite only having about 10% of the seats in Parliament similar patterns can be seen in Saskatchewan and BC as to the frustration is the fact that the more prosperous Western provinces are forced to send tax revenues to the poor Eastern provinces primarily Quebec in the form of Equalization payments to say this has deepened resentment towards Ottawa in the west is an understatement and as Quebec’s previous attempts at sovereignty have shown Canadian provinces have the legal right to secede this makes the possibility of Western separation far more realistic than similar secessionist movements in other countries all this to say the bonds holding Canada together are far more fragile than they appear to keep the Confederation together the political Elite must continuously appease Quebec with special treatment and economic incentives while preventing the wealthier Western provinces from Gaining too much political power however this Balancing Act only works as long as the nation is economically stable should a Financial collapse occur you can bet the West Andor Quebec will bolt for the exits as soon as possible while this may seem like a bleak prognosis it’s important to recognize that the breakup of Canada does not mean the country would turn into a frozen Mad Max Wasteland while the collapse and breakup of the nation would undoubtedly be messy and chaotic in the short term it would also allow the various regions to pursue their own interests unhindered by an overbearing federal government consider Czech a Slovakia breaking up into the Czech Republic and Slovakia in 1993 or Montenegro separating from Serbia in 2006 in both cases the transitions were relatively smooth and led to an increased autonomy for each region in Canada’s case the new nation of Quebec would be free to pursue its interest as a sovereign French State the Western provinces would have a free hand to develop their energy resources and Thrive without being economically or politically restrained meanwhile the fate of Ontario and the maritimes would be in the hands of their voters ultimately when a political entity ceases to function as intended the best solution may be to scrap it and start a new many years in the future the end of the Canadian experiment might be seen not as a disaster but as the beginning of a bright and prosperous future if you enjoyed this video please consider.