Thread 61129610

Thread for Elbows Up Canadians who don’t want to touch the shitty United States of America with their money. After the tariffs, the threats of annexation, the fact that so many Canadian car manufactures are relocating to the States, costing Canadian jobs and livelihoods, and Trump obliterating our timber industry…. Canadians like myself are DONE investing there.

Just some stocks I have, Loblaws, Metro, Canadian National Rail, and Brookfield Asset Management. Any other Canadian investors?? Was also looking at buying some Canadian themed gold or silver.

Canada is fucked. Canada also only has themselves to blame.

>b-b-b-but Trump bad!!

Too bad faggots, this is what happens when your economy is built on real estate, too afraid to invest into real companies and taxed to oblivion.

>>61129728
You don’t pay tax in Canada until you’re wealthy and real estate is actually the only real economic problem that Canada has.

We have a real economy USA only has military and racism

>>61129881
>You don’t pay tax in Canada until you’re wealthy
lol good one.

>actually the only real economic problem that Canada has.
>housing crisis
>low productivity
>affordability (record number of food bank users this year)
>poor investment in other sectors
>inflation
>interest rates
>labor shortages

>>61129928
oh and too many brown indian faggots who cant drive

>>61129934
>>61129928
Our interest rates and inflation is basically 0%. It’s the USA stuck in high interest rates

>>61129610 (OP)
Canadian here. You arent canadian you brown jeet. Go back to india parasite

I pay 40+% income tax in this shithole

Canada is DOOMED

>>61132059
Only the super rich pay anything close to that. In which case… that’s how we prevent out of control skyrocketing wealth inequality and keep the budget deficit low

>>61132368
>Only the super rich pay
>$110,000 gets 40% income tax
Literally the middle class gets taxed at 40%

>>61132193
Sadly Canada is still better to live in than most countries

>>61132384
That’s literally a six figure income.

I’m wealthy and my marginal tax rate in Canada is like 27%

>>61132560
>That’s literally a six figure income.
and its now the middle class in Canada. have you seen home prices?

>>61132560
I'm only making barely under 200k and I still feel like I'm upper-lowerclass

>>61129610 (OP)
Aren't they opening up a ton of resources related to mining gold and silver and other rocks? Won't that raise your mining stocks or is it already priced in?

>>61132574
Ok and? You don’t need to buy a home you just need to meet monthly rent payments

>>61132625
I make $68k a year in downtown Toronto and I feel as wealthy as Galen Weston

>>61132625
In fact my dad who earns $55k near Barrie says he feels like the richest man on earth due to lower rents there

>>61132857
More than half his wage in rent....rich...

>>61133984
The fact that he can even afford rent means he’s rich