The Loonie Hour Podcast

Higher Wages & Higher Taxes are in Canada’s Future

December 3rd, 2021

Higher wages are coming to Canada. As the workforce ages there will be a shortage of workers, which means Canada will also rely more heavily on immigration. Meanwhile, many municipalities across the country are suffocating with too much debt and not enough revenues. This is despite record low borrowing costs and sky high real estate prices. Governments are actively looking for more tax revenues and property will be at the forefront. 

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