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The Loonie Hour
Canada’s Foreign Worker Program a Breeding Ground for Modern Slavery?
Aug 16, 2024
The conversation dives into Canada’s troubled foreign worker program, highlighting accusations of modern slavery and the precarious conditions facing low-wage immigrants. Real estate insolvencies hit a 20-year high, prompting discussions on systemic economic issues. Experts also examine the interplay of monetary policy and housing challenges, debating the need for interest rate cuts. Additionally, the podcast addresses changing consumer behaviors and economic indicators, setting the stage for evolving investment opportunities amidst a complex landscape.
57:10
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Quick takeaways
- Canada's temporary foreign worker program faces serious accusations of exploitation, drawing parallels to modern slavery through abusive practices.
- The rise in temporary foreign workers contributes to increased youth unemployment, raising concerns about job displacement in entry-level positions.
Deep dives
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode