Seems odd though that despite these issues being provincial that every province is seemingly struggling with these issues...
Almost like there is a larger macroeconomic force at play.
Almost like there is a larger macroeconomic force at play.
I agree with you.
Ding ding ding!
Demographics my friend. Somehow what should have been the most predictable thing ever (that people get old over time, changing the age profile of the country), has somehow created issues that are coming as a complete surprise to the government... Healthcare underfunded because people are getting old. Tertiary education overattended leading to a skills mismatch. A large cohort of baby boomers who consistently push for NIMBY style policies because they spent so much on their house that their retirement depends on it...
Policies should be proactive in these fields rather than reactive. I'm of the opinion that many countries /regions struggling with these issues have largely done it to themselves by lack of foresight.
I'm hopeful that it will improve in the future though. Pretty much only able to go up from here! Let's go land value tax!!!