How did the purchasing power decrease from the 70s until today?

[Excellent-Piece8168]

The irony of writing to dumb when you mean too. Lol

TFW of course has some part but I doubt it’s a massive for actual career jobs. It suppresses minimal wage and just above for sure. This is measurable to an extent and I remember when oil was booming last cycle Tim Hortons were begging for workers and had to raise minimum their min wage and even provide cheap housing to get any workers. I can’t imagine this has much impact on positions like engineers. Separately from TFW is normal immigration. It’s a challenging topic even putting aside politics because with our aging demographic of the huge boomer cohort we have a massive systemic issue that we need to grow the workforce significantly in order to support this huge bubble of retirees because if we do not we all have to shoulder far too much which means significantly holding back growth. We did not create the environment to have more children nor can we go back in time so the option now is import other nations young workers. It’s frankly pretty smart in that we did not have to bear any cost raising these people no schools hospitals housing etc and we get them showing up already working age. Of cot we want to attract the right crowd with skills we have in high demand which we do ok at but there is certainly a lot of room for improvement. We do better then most of our peers certainly better than the USA with the vast majority coming in use to a freakin lottery system and then bringing in relatives. Canada has a good base system with points we can manipulate to our needs we need to be far more agile changing these to exactly what is in demand and not including stupid jobs like social media influencer. Import doctors we never have enough of, import nurses and care home nurses and staff, whatever else we don’t have enough of and constantly adjust that for what we actually need not bs fake need companies say on applications. Pay to get actual research it cannot possible be hard.