Any why do we allow this?
We live in a free market. As a consumer, you can choose not to buy products and/or services that are made/provided overseas.
Any why do we allow this?
We live in a free market. As a consumer, you can choose not to buy products and/or services that are made/provided overseas.
BTW I dont support what the city workers are asking for, but I hate it when we all get thrown in the same pot.
The flip side is that we also live in a global market. Just as Canadian consumers buy globally, Canadian producers also sell globally. For Canadian firms to prosper, they need to be able to sell beyond our borders. With our wages where they are, our Canadian-produced goods and services are at a handicap when it comes to being cost-competitive in that global market.
a. close the market - revoke free trade, don't allow any exports or imports.
Which is what we had back in the 1800s. The result now as then would be that with a limited population providing a limited market, no Canadian manufacturer would ever be able to achieve decent economies of scale necessary to lower per unit costs. Nor would they have any incentive to really try. With a captive market with little or no competition, why should they?
Assume a $400K mortgage and the base cost to end up mortgage free in 20ish years is likely around 50K per year. No car. Take in a roomer to help with groceries. Rent out the empty garage for big bucks. Internet at the library and antenna TV. Don't smoke or drink or eat out ever. Learn to love casseroles. Clip coupons. Get a part time job. Take in a spinster aunt, built in babysitter, maid and source of income.
Have you ever thought about the fact that the boomerang generation might not be doing it by choice? Very few 20-somethings can earn enough to cover rent, unless they're packed like rats into a rented apartment. Even with that, it would take forever and a half to save up for a down-payment on even a cheap condo, unless they want to owe money on it until they retire and then some.
This 1200-1300 sq-ft house sure has a lot of rooms. Spinster aunt and a roomer plus a family?
Its great to not have a car but if you have a family it is almost imposible to get by on transit alone. You would end up paying the same monthly as a car anyway.
Assume a $400K mortgage and the base cost to end up mortgage free in 20ish years is likely around 50K per year. No car. Take in a roomer to help with groceries. Rent out the empty garage for big bucks. Internet at the library and antenna TV. Don't smoke or drink or eat out ever. Learn to love casseroles. Clip coupons. Get a part time job. Take in a spinster aunt, built in babysitter, maid and source of income.
Not to mention in order to get educated you are forced to saddle yourself with massive debt. The cost of education has far out paced the wage for those positions when they get out.
Or they could move away from the GTA and buy the same house for $200K. Suddenly they have enough money for a decent and reliable car and some of those luxury items you mentioned.. maybe even a nice vacation every once in a while.
But no.. millions of people choose the GTA way of life and they get very little sympathy from me.
This is a valid point.
Read this:
http://www2.macleans.ca/2011/08/25/why-your-teenager-cant-use-a-hammer/
15 years from now anyone who can turn a wrench or swing a hammer will be a millionaire. I worry about the future. Too many kids are focused on a university education being their meal ticket. An education system spitting out 10,000 engineers to feed an industry with only 5,000 entry level positions is not sustainable.
This is a valid point.
Read this:
http://www2.macleans.ca/2011/08/25/why-your-teenager-cant-use-a-hammer/
15 years from now anyone who can turn a wrench or swing a hammer will be a millionaire. I worry about the future. Too many kids are focused on a university education being their meal ticket. An education system spitting out 10,000 engineers to feed an industry with only 5,000 entry level positions is not sustainable.
If someone were to move away from the GTA would they be able to find a job with the same rate of pay as they would in the GTA? I would argue not. So even though the cost of living goes down, that is offset by a lower salary.
But no.. millions of people choose the GTA way of life and they get very little sympathy from me.
This is a valid point.
Read this:
http://www2.macleans.ca/2011/08/25/why-your-teenager-cant-use-a-hammer/
15 years from now anyone who can turn a wrench or swing a hammer will be a millionaire. I worry about the future. Too many kids are focused on a university education being their meal ticket. An education system spitting out 10,000 engineers to feed an industry with only 5,000 entry level positions is not sustainable.
I moved away from the GTA - wage up, cost of living down, lower tax rate, more work.
We are in a race to the bottom right now, people will buy whatever is cheapest no matter what it does to jobs locally. Everytime someone buys cheap offshore goods they drive their own wage down. Walmart started this long ago and it will only stop when people realize that they are saving money at the expensense of their job and wages. We will all have 3rd world wages soon enough if we continue this.
We live in a free market. As a consumer, you can choose not to buy products and/or services that are made/provided overseas.
you forgot to add... in your specific career. I know I couldn't leave the GTA and make the same money. Not even close.