By Andrew Mackinnon
Last updated: 24th November, 2023
This is what happens in Canada when the size of the population of Canada increases as a result of the Government of Canada allowing non-white immigration into Canada:
> Demand for renting residential property (i.e. houses and apartments) increases, thereby causing rents for residential property to increase.
> The supply of labour increases as non-white immigrants into Canada seek work in order to support themselves, thereby causing salaries and wages to stagnate.
> More people living in Canada use public transport more, thereby causing congestion on trains and buses to increase.
> Demand for goods (including food), services and assets in general increases.
Non-white immigrants borrow from the banks in Canada in order to increase their purchasing power, thereby causing the size of the money supply in Canada to increase, since banks in Canada create money out of nothing when they lend.
Source:
This increase in demand for goods, services and assets in general and this increase in the size of the money supply in Canada both cause inflation of the prices of goods, services and assets in general.
Non-white immigration into Canada is therefore inflationary.
> More people living in Canada drive more motor vehicles, thereby causing traffic congestion to increase.
> Demand for purchasing residential property (i.e. houses and apartments) increases, thereby causing prices of residential property (i.e. house prices and apartment prices) to increase as non-white immigrants borrow money from the banks in the form of mortgages in order to finance their purchases of residential property.
> More people living in Canada borrow more money from the banks and pay more interest to the banks on their loans, thereby causing bank profits to increase.
> The Bank of Canada directs the banks to increase interest rates (which unnecessarily includes interest rates on existing loans) in order to discourage Canadian citizens, (non-citizens of Canada,) Canadian businesses and Canadian entities (e.g. not-for-profit entities) from borrowing (when the Bank of Canada could simply direct the banks to lend borrowers less money as lower multiples of their respective incomes, profits and operating surpluses), in order to reduce the size of the money supply in Canada and thereby reduce inflation of rents for residential property, goods (including food), services, assets in general and residential property, since money is destroyed when Canadian citizens, (non-citizens of Canada,) Canadian businesses and Canadian entities principal they owe to the banks in Canada.
As a result of the Bank of Canada directing the banks to increase interest rates, borrowers in Canada from the banks pay even more interest to the banks on their loans, thereby causing bank profits to increase even more.
By now, it is abundantly obvious that the purpose of non-white immigration into Canada is to cause rents for residential property (i.e. houses and apartments) to increase, salaries and wages to stagnate, the prices of goods (including food), services and assets in general to increase, the prices of residential property (i.e. house prices and apartment prices) to increase and the interest rates charged by the banks on loans to increase, so that white Canadian citizens have less income from their suppressed salaries and wages with which to pay for more expensive rents for residential property, goods, services, assets in general, residential property and interest on loans, thereby causing financial hardship for white Canadian citizens and diminishing their quality of life.