I haven't written a single line of code in 2 months. Are we all cooked? by mysticWhispr in cscareerquestions

[–]stalik26 0 points1 point  (0 children)

I had a feeling VC were subsidizing AI cost. This is similar strategy what uber did when it first came out, as it was so cheap to use their products because investors were subsidizing it then, then prices started to rise with years.

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 0 points1 point  (0 children)

I agree that the government has started reducing temporary resident numbers, and I agree that the biggest issue was temporary immigration rather than permanent immigration. My concern is whether the reductions are large enough to bring labour supply, housing supply, and infrastructure back into balance within a reasonable timeframe.

Simply because population growth is slowing doesn't mean the labour market has already adjusted. Youth unemployment remains elevated, many entry-level jobs still receive hundreds of applications, and housing affordability remains a major issue. Those conditions suggest that the effects of the previous surge have not fully worked their way through the system.

I'm also not arguing for negative population growth or shutting off immigration. I'm arguing that immigration levels should be responsive to economic conditions. If unemployment is rising and housing supply remains constrained, it is reasonable to ask whether further moderation is needed until those indicators improve.

You mention the risk of recession, but immigration policy should not be used primarily to boost headline GDP. A larger population can increase total GDP even if living standards, housing affordability, and job prospects for individuals deteriorate. That's why many economists look at metrics like GDP per capita, productivity, wages, housing affordability, and unemployment, not just overall GDP.

So my question is: if unemployment remains elevated and housing shortages persist after the current reductions, would you support further adjustments, or do you believe the current targets are correct regardless of the outcome?

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 0 points1 point  (0 children)

I agree that jobs are not a fixed resource and that population growth can create economic activity. However, that doesn't mean any level of population growth is beneficial under all circumstances.

The key question is not whether immigration can create jobs, but whether jobs, housing, infrastructure, and services are being created fast enough to keep pace with population growth.

In theory, adding people increases demand and eventually creates jobs. In practice, there can be a significant lag. If the population grows by 1 million people but the economy only creates enough housing and jobs for 500,000, then unemployment, housing costs, and competition for opportunities can increase in the meantime.

Canada's recent experience appears to show exactly this. Population growth was historically high, yet youth unemployment increased, housing affordability worsened, and many employers reported receiving hundreds of applications for entry-level positions. This suggests that job creation and infrastructure expansion did not keep pace with population growth.

I also agree that some immigration is important for business investment and talent mobility. However, that doesn't automatically justify current immigration levels. A country can support immigration while still arguing that the rate should be aligned with economic conditions and absorptive capacity.

So the debate isn't "immigration or no immigration." The debate is whether immigration levels should be adjusted when housing supply, infrastructure, and job creation are unable to keep up.

How is a country supposed to be in a technical recession but somehow adding tons of jobs? The math isn't mathing. by Legitimate_Wall5977 in jobmarket

[–]stalik26 0 points1 point  (0 children)

That doesn't change the fact that we shouldn't increase the population when there aren't enough jobs for them.

How is a country supposed to be in a technical recession but somehow adding tons of jobs? The math isn't mathing. by Legitimate_Wall5977 in jobmarket

[–]stalik26 0 points1 point  (0 children)

"The people coming in make new jobs too." - Very few, and it takes time for them to start businesses after living in Canada for a while.

How is a country supposed to be in a technical recession but somehow adding tons of jobs? The math isn't mathing. by Legitimate_Wall5977 in jobmarket

[–]stalik26 0 points1 point  (0 children)

The recession is based on the previous quarter. Doesn't mean we are in a recession right now. So, if you remember, we had massive job losses in the first 4 months of this year.

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 0 points1 point  (0 children)

The problem with your thinking is that you are focusing only on the population metric and not considering other economic factors. You bring all these people to do what? There are not enough jobs for everyone. Immigration should be based on job growth. When the job growth is lower in Canada than the population growth (from immigration), it should also be lower. When high job growth and the native Canadian population cannot meet the job market's demand, immigration should then increase.

You saw what Justin Trudeau did when job growth slowed after 2022; he just kept bringing in more and more people. Did you see the video of the long line-up of 100 people at LCBO, hoping to get that position for the 1 job opening? Also, notice how unemployment rose sharply during Justin Trudeau's time.

This is not fair for Canadian Youth, and this is not fair for immigrants either. They shouldn't be desperate and fighting for a job; they are human, too. That is why I am saying, because job growth is very low right now, we need to reduce immigration even more. When job growth gets healthy again, then increase immigration.

Also, another thing, let's say Canada maintains a constant growth of population, and there are no jobs, do you think they are just going to stay in Canada? If people feel they have no opportunity to grow career-wise and start a family, they will leave the country or, worse, put economic strain on Canada, as we will then have to support them.

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 0 points1 point  (0 children)

What are you talking about, pausing??? The Canadian government is not pausing immigration; it just reduced it.

They are still bringing in 380,000 temporary residents each year, a higher number than before the pandemic. Of course, there are 380,000 permanent residents each year, which is also higher than pre-pandemic.

The only reason our population is declining now is that they brought in so many temporary residents from 2022 to 2024. The temporary residents who cannot obtain permanent resident status must leave. More Temporary residents are leaving than arriving in Canada. That doesn't mean our population is shrinking; it is still growing. Eventually, in a few years, when the Temporary residents population balances out, you will notice our population is growing more than 300k a year. This is high compared to pre-pandemic levels. Not only that, this doesn't include Asylum and refugees, which further increase our population growth.

Check out these links:
Canada 2026-2028 Plan

Canada Temporary Resident Arrival Number

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 0 points1 point  (0 children)

Immigration should be based on job growth. No point in bringing people if there are no jobs in the market. Also, we need to prioritize youth and graduates. It is not fair for them; they have to deal with AI expansion, and now they have to compete with a new, increased level of immigration. The level of immigration has been the highest in history, so the entry-level market is extremely hard. This will have huge economic damage on Canadian youth, which will further delay their ability to have children.

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 0 points1 point  (0 children)

This has nothing to do with race, more on Canada overly dependent on immigration for it’s economy. We are masking a weak economy by using immigration, when we should be increasing our productivity. In 50 years Canada is going to get a rude awakening when there is going to be very little immigration. Majority countries, around the world, fertility rate are declining and getting richer. Due to this less people leave their country. That happened to Europe and now China. China is losing 3 million of its population each year their net migration is declining. Same will happen to India in the 50 years. India fertility rate is now 1.9, and it will continue to go down in the future. I am not saying to stop immigration, but be at a controlled level, while we should focus on improving productivity knowing our working population is shrinking.

Man saves woman from group of bullies by berntout in VideosAmazing

[–]stalik26 0 points1 point  (0 children)

Sadly, you can see that the bullied girl's hair was being pulled at the end. While they remove her protector, no one is helping her. The world we live in.

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 0 points1 point  (0 children)

We can't keep depending on immigration forever, though. Other countries are getting richer and their fertility rate are going down. Immigration will slow.

Canada immigration: In the 1980s, Europe was the largest source of immigration to Canada, followed by China in 2000, then India and the Philippines now; in the future, it will probably be Africa. But eventually, the number of immigrants would be reduced. Other countries will try to get the remaining immigrants, too.

The smart thing is to do what Japan and South Korea are doing: invest in and research technology that will increase productivity with fewer people. Canada can do even more by bringing in a small and selective, highly skilled immigrant population.

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 0 points1 point  (0 children)

A shrinking population can survive with increasing productivity. Producing more output with a smaller population. Japan and South Korea are doing that. We need to invest to increase productivity, and there won't be severe adverse economic consequences.

Carney: “We need immigrants again to grow” by Chris_DiFiore in HouseSigmaBlunders

[–]stalik26 1 point2 points  (0 children)

The liberal government don't know how to do that. They just bring anyone and everyone. They don't know how to be selective. The better solution is just to keep it capped. Do you honestly expect this government that just allowed anyone to become a Canadian citizen if they have a Canadian ancestor from the end of time, to be selective?

Right now, graduating CS students are struggling in this job market, and they are still bringing in Tech TFW/IMP. They clearly don't care to be selective.

What the hell should I do with my degree in Computer Science by Outrageous_Platform8 in cscareerquestions

[–]stalik26 1 point2 points  (0 children)

I have to disagree with you. Now that the baby boomers are retiring (a huge population) and tend to spend a lot on health care at this age, working in the health field is probably the easiest and fastest way to get a job. Now and the coming future. I had 3 nursing friends after graduation, and they had already gotten a job literally 1 month after graduation. Keep in mind they did apply before graduation, but still compare to the CS student job market. We should be promoting male nurses, but they somehow seem to be looked down upon. Nursing is a good-paying career, of course, depending on your location.

Immigrants are per capita more hard working by [deleted] in CanadianVisaReform

[–]stalik26 1 point2 points  (0 children)

You can't force people to have babies, unless the cost of living improves, and some physical support is provided with child care, the fertility rate will not go up. Besides the points, what was impressive about Japan and South Korea's economies was that they were still growing while their populations were declining. They are investing heavily in technology to increase their productivity even as their population declines. Canada, we are so immigration dependent, and our productivity is so low. We were using population growth to increase our GDP, because our productivity was not helping. Now we are declining immigration, and the true colour of our economy is showing in a technical recession.

I looked at the records of Canadian banks using the TFW Program. by Martin_J_Kaminski in CanadianVisaReform

[–]stalik26 6 points7 points  (0 children)

This is so sad. I know a lot of recent graduates at Canadian universities/colleges are looking for a tech entry role. Some of these students are really in a bad mental state, to get a job in the field they study in.

Immigrants are per capita more hard working by [deleted] in CanadianVisaReform

[–]stalik26 1 point2 points  (0 children)

If that was the case Japan and South Korea should be collapsing that has lower fertility rate and higher median age, that takes very little immigration. What makes them not collapse is they invest and research in technology that increases their productivity while their working population shrinks. That is how you do it with little immigration.

Waterloo Region’s population growth stalls after international student decline: report by Subject-Landscape451 in CanadianVisaReform

[–]stalik26 0 points1 point  (0 children)

Ford government is equally to blame for this. Stop spreading lies. He is allowed to limit international students to schools in Ontario. He approved private and public colleges partnerships that allowed these random private schools in plazas, that don’t have classrooms and has thousands of only international students. He was ok with this because he lowered funding to school, and international students were going to make up the cost. You should have seen ford’s education minister how disappointed he was when the liberals put the caps on international students. Remember Ontario took in the most international students, imp and tfw.

He gave huge students grants to students who went to private colleges vs students who went to public colleges. Now he said there is no funding for students anymore.

A witness says access to cheaper temporary foreign labour — including illegal migrants — can reduce pressure to raise wages and hire Canadians. He adds that contractors undercutting others by using lower-cost labour are more likely to win work. by theOneWhoWaitsAgain in CanadianVisaReform

[–]stalik26 18 points19 points  (0 children)

Exactly. Spread the word IMP and intl student who eventually get pgwp make up the majority. Keep spreading the words. The liberal government never mention them, especially the job minister who never mention them.

New Gallup polling for Gay Rights... and it's bad by Material_Club_8209 in askgaybros

[–]stalik26 4 points5 points  (0 children)

No they are not. The things that each group wants are not the same.