An RCMP Report Warns That Canada Faces Major Threats in the Coming Years. No Kidding.
Hidden in the tumult of the news cycle, an internal RCMP report last week about medium-term risks facing Canada should have generated more attention. On March 10th, the CBC reported on the document after Matt Malone of Thompson Rivers University obtained it through an access to information request.
The report warns of various crises shaping life in Canada now and in the years to come, including climate change and extreme weather, political polarization, geopolitical conflict, an increasingly polluted information space, and economic decline — not the least of which is the fact that home ownership is increasingly out of reach for so many of the country’s younger population.
According to the report “The coming period of recession will also accelerate the decline in living standards that the younger generations have already witnessed compared to earlier generations.” A growing wealth gap has long been a gathering storm, and that storm is now making landfall in full-effect. It will bring nasty outcomes.
Writing in Better Dwelling, Stephen Punwasi argues “The transfer of housing from end users (or even “mom & pop” landlords) to institutional investors results in communities being reduced into yield generating assets. As a consequence, prioritization of wealth extraction occurs without regard for long-term sustainability, leaving communities vulnerable to shock.” He reminds us that such shifts have been central to political instability and even collapse in the past. And some tend to imagine we are infinitely resilient, or such things could never happen to use — even after the Covid-19 pandemic wreaked havoc — the compounding weight of crises is a potential Voltron of doom. |Read more https://www.davidmoscrop.com/p/an-rcmp-report-warns-that-canada| davidmoscrop.com/p/an-rcmp-rep…
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