this post was submitted on 10 May 2025
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Canada

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[–] [email protected] 3 points 2 months ago* (last edited 2 months ago) (3 children)

The US has had actual per capita GDP growth, while Canada only has mass immigration into a housing shortage with per capita GDP growth below inflation, so it makes sense. Wages actually grow in the US, and there isnt capital shallowing, so they can afford more services.

https://tradingeconomics.com/canada/gdp-growth

[–] [email protected] 20 points 2 months ago (1 children)

Bla bla bla.

Canadians need high speed internet services, too. Bell, Telus and Rogers are already gouging Canadians with insane prices. But it's still not enough? Fuck all that.

In Québec, there used to be several electric utility companies in different regions of the province. They kept charging too much for crappy unreliable electricity because they didn't want to invest in their shitty infrastructure to deliver electricity to their customers. They also didn't want to build infrastructures in further regions because it would cost them too much. Remind you of anyone?

Well, René Levesque, as the premier of Québec, made the province buy all the companies and nationalized them under one company: Hydro Québec. Since then, the infrastructure was expanded so the furthest regions of Québec. More dams were built. It became the pride of Québec and a great source of revenue for the province.

As it turns out, nationalizing important utility infrastructures is beneficial to the population, but trying to benefit shareholders is bad for the population.

[–] [email protected] 4 points 2 months ago* (last edited 2 months ago)

I dont disagree with nationalization. Its an inelastic good with a natural monopoly due to cell phone frequency limitation caps, its an obvious case for nationalization, I think it would allow cellphones to use all frequencies and their increase speed and penetration.

[–] [email protected] 6 points 2 months ago (1 children)

Where are wages growing in the States?

[–] [email protected] 2 points 2 months ago* (last edited 2 months ago)

https://www.atlantafed.org/chcs/wage-growth-tracker#Tab1

The US didn't do mass immigration to erase their wage pressure during the Phillips curve induced labor shortage. They've done very well relative to Canada.

[–] [email protected] 3 points 2 months ago (1 children)

I know right, fascism is great for profits!

[–] [email protected] 2 points 2 months ago (1 children)
[–] [email protected] 2 points 2 months ago (1 children)

Was the project scrapped under Biden?

[–] [email protected] 1 points 2 months ago (1 children)
[–] [email protected] 2 points 2 months ago* (last edited 2 months ago)

You push your narrative, I'll push mine. According to your narrative, the Bell deal is off because USA stronk, Canada no stronk. Your narrative, your burden of substantiation.