As a close watcher of Canadian politics, here's the best summary I can offer for those not familiar: Overal Picture Canada has seen gdp-per-capita decline for nearly every quarter over the past 3 years. Large stimulus spending during the pandemic fueled the housing crisis and added massive inflation. Stimulating the economy through similarly massive increases in Non-Permanent Residents has kept GDP afloat, but come a…
> stimulus spending during the pandemic fueled the housing crisis
not very informed on canadian politics/economy so apologies if it is an obvious question, but what is the connection of stimulus spending and the housing crisis?