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Housing Crash, Immigration Crisis & Economic Ruin | Rabidoux & Temprile
- Canada entered technical recession in Q4 2025 and Q1 2026, driven by declining population and negative private sector employment. Ontario and BC are hardest hit; Alberta is performing better due to oil investment.
- Housing market has collapsed unevenly: Ontario and BC prices down 20–35% from peak, with court-ordered sales at 50% of 2021–22 prices. Single-family homes may stabilize soon; rental declines will persist for years.
- Consumer and business confidence are at 2008 financial crisis and pandemic lows, despite headline data suggesting stability. A K-shaped economy is widening the gap between public and private sector workers.
- Immigration fraud and asylum backlog have spiraled: 525,000 asylum claimants (one per 77 Canadians), with 300,000 unprocessed claims allowing bad actors to operate legally for years. Inland claims from expired students should be blocked.
- Bill C-22 exploits real concerns about teen social media harm to introduce digital ID backdoors and encryption overreach, along with unilateral regulatory bodies exempt from judicial review.
- Bank of Canada monetary policy hinges on whether Iran conflict continues and energy prices stabilize; inflation expectations data in July will determine whether rates rise or fall.