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transcriptase 4 hours ago

Makes far more sense than the “population must increase forever” pyramid scheme the rest of the West is running. Check out Canada for a look at what happens when you try to juice GDP via population growth at the expense of literally everything else.

ryandrake 4 hours ago | parent | next [-]

What happens, specifically? Not that I'm a fan of "population increase forever" but what's wrong with Canada?

maxglute 3 hours ago | parent | next [-]

Pop increase faster than housing / good jobs. The usual. Tried to juice economy post covid with MASS Indian immigration, for reference peak "Chinese" immigration was post HK handover was 60k, settled at 40k per year, lots of Chinese wealth transfer to Canada. Indian immigration went from 60k per year to over 140k, outrageous amount. Bluntly, most of west including Canada gets second tier immigrants, all the good opportunities in US, Canada doesn't get to retain tier1 talent, and Indian immigrants are in aggregate less wealthy. The entire point of brain drain is to get best brains, or in lieu get wealth. Canada got neither. This not knock on Indian immigrants, who work just as hard as every other, just acknowledging value proposition is not the same.

The broader context is Canada is on paper a small pop country with sufficiently alright governance to get per capita rich selling shit from ground. The more people you have have, the less that model works, and frankly Canada at 25m in the 00s already passed that point (vs 6m Norway). It doesn't help that... foreign influence have stagnated Canadian fossil/extractive industries development. Trudeau thought it was good idea to aim for 100m Canadians by 2100 (century initiative)... which on paper makes sense - only way for Canada to compete/influence vs US is heft, but of course that means a lot of brown and eventually black people fighting for housing and opportunities in the interregnum.

Unsurprisingly, broken housing market = no one likes that interregnum.

alephnerd 3 hours ago | parent | prev [-]

A lot of people on the internet blame Canada's malaise on their historically lax immigration stance.

While to a certain extent it has caused some social issues (eg. Indian, Chinese, Viet organized crime took advantage of it to leave crackdowns during the 2010s and 2020s and degree mills abounded), it's impact on the economy is overstated.

Canada's economy was always a resource extraction and construction driven economy, and

1. the blocking of the Keystone Pipeline project (thus making Canadian ONG less competitive than American sourced ONG for refineries)

2. the rise of America as a net energy producer and exporter especially in ONG (thanks Obama/Biden, Trump/Pence/Tillerson, and former Govs Burgum and Perry)

3. the blocking of the GasLink LNG project (blocked the ability for Canada to build marketshare in Asia)

4. the blocking of the Northern Gateway pipeline project (blocked the ability for Canada to build marketshare in Asia)

5. the blocking of the Energie Saguenay LNG project (blocked the ability for Canada to build marketshare in Europe)

6. Bipartisan support in America for trade barriers against Canada even before the Trump tarriffs (eg. Biden and Trump's softwood lumber tariff policy)

7. (becuase this failure is bipartisan) Blue provinces halting renewables projects in Alberta and Saskatchewan while American governors on both sides took full advantage of CHIPS and the IRA, thus preventing Canada from building domestic dealflow in GreenTech

all played a much larger role than immigration in causing economic malaise for Canada.

At the end of the day, Canada's economy in the 2010s was structurally unprepared for America becoming a major energy producer and exporter by the 2020s, and was unable to successfully build infra to make Canadian ONG cost competitive against American ONG nor the ability to sell outside of North America.

THIS is the legacy of the Trudeau administration - if your economy is based on resource extraction, fighting against it for political reasons is self-harming.

Canada's GDP has essentially been stagnant for almost 15 years, and all kinds of infrastructure projects that would have helped the Canadian economy grow were blocked. Additionally, Canada has the same economic complexity [0] as Bulgaria [1] and Serbia [2] and is even less complex than Mexico [3], which makes Canada the least competitive choice for FDI within NAFTA.

Australia is in the exact same boat as Canada, but unlike Canada, their political class fully backed their resource extraction industries.

[0] - https://atlas.hks.harvard.edu/countries/124/export-complexit...

[1] - https://atlas.hks.harvard.edu/countries/100/export-complexit...

[2] - https://atlas.hks.harvard.edu/countries/688/export-complexit...

[3] - https://atlas.hks.harvard.edu/countries/484/export-complexit...

kens 3 hours ago | parent [-]

Serious question: what is ONG? I assume it's like LNG (liquefied natural gas), but after multiple searches, all I can come up with is Oklahoma Natural Gas, NGO in French, and On God.

alephnerd 3 hours ago | parent [-]

It's the abbreviation for Oil and Natural Gas sector.

PowerElectronix 3 hours ago | parent | prev | next [-]

No country is running a "population must increase forever". You only hear that when the public pensions are discussed because they are unsustainable. The argument is not " population must increase", it's more "human labor is the most critical resource and we must get as much as we can".

You can fear the results of runaway immigration in the short term, like cultural clashes, organized crime and brown people in your neighborhood. But you can't deny the results on the long term when you allow talent to go to your country and end up with more nobel laureates of New Zealand origin than New Zealand.

Stevvo 3 hours ago | parent | prev | next [-]

The data/facts disagree with you. In a low birth rate society a constant influx of new tax payers is required. Without it you end up with decades of stagnation like Japan.

gambiting 3 hours ago | parent | prev | next [-]

Population of most European countries is actually decreasing year on year:

https://www.worldometers.info/population/countries-in-europe...

But either way, European nations are nearly all screwed - their expenditure on pensions and healthcare will quadruple in the coming decades as the demographics change heavily towards elderly peple.

bombcar 3 hours ago | parent [-]

Pensions are a bit harder to get out of, but healthcare is easy. You never deny, just delay.

throwaway85825 2 hours ago | parent [-]

Or in Canada, MAID.

metalman 3 hours ago | parent | prev [-]

Here in Nova Scotia, Canada, mass imigration is driving the most intense building of everything boom, ever. And it just went up a notch. Plenty of Swiss imigrants as well.