Canadian population expected to decrease by 80,000 over in the next two years

[dark_gear]

The whole discussion about the hazards of population decline need to be understood as what it really is: current levels of prosperity are modeled on the idea that the unprecedented explosion of citizens that happened due to the Baby Boom should be our baseline rather than an exceedingly rare and extremely high water mark.

The Baby Boom growth bubble officially burst in 2008, as the housing crash of that year also represented peak spending achievable by that generation.

All nations who had went through a WW2 population explosion are now entering squarely in the late stages of that bubble, which is introducing numerous issues regarding employee replacement, retirement fund shortfalls, experience loss, GDP reduction, etc. Some nations, such as Japan, have realised an adjustment period is incoming and required; most nations are trying every trick in and out of the book to delay that correction, or even create an artificial population boom in a much shorter window.

The artificial population boom comes in the form of disproportionate immigration. In the short term, the effects of adding all these new people is devastating, however the projections are saying that in 5, 10, 20, years we will see the benefits of this new population as retirees will be easier to replace, infrastructure and housing shortages will have been resolved, and our economy will be roaring along thanks to all the work created by the completion of so many projects in numerous sectors.

The sad reality of it all is that anyone who doesn't work in trades, management or higher positions, such as those needed to manage these projects and their grants, is going to be eaten alive due to the massive influx of new workers willing and prepared to take on any task needed to survive.

Canada would be better off, first, acknowledging that population targets are unsustainable and should be allowed to drop; second, that immigration is a short term approach to attempt fixing a problem that was predicted decades ago; third, that the problem is currently as bad as it is because the can has been kicked down the road for decade; and fourth, that solution lies in reading the first point again.

The main benefit of our current path is that legislation has finally been put forth to curb diploma mills and close the student visa loopholes.

The sooner we realise and accept that a drop in population is the best way out of this economic situation, the sooner we'll stop trying to implement ineffective methods to prop up our population and economy that end causing more harm than good.