Employment And Social Development Canada Report Says: The “Canadian Dream” Is A Myth

Many Canadians who have been watching the political and economic situation unfolding in our nation over the last two decades. Have been saying that Canada’s middle class utopia “AKA” the Canadian dream is an illusion.

The more that time passes, the more visible this becomes. Despite every political “leader” playing the situation off as “fixable”. The reality is that under our current system, it is not fixable. Politicians and central bankers may be able to stretch out the inevitable, but a fix is no where to be found.

The “middle class” is becoming a part of history. The central bankers and globalist class see no use for a middle class. Their goal is to create total serfdom, a class of serf’s and a class of oligarchs.

An internal federal government (Employment And Social Development Canada) report shows that this reality about the Canadian “myth” is known to the politicians as they continue to create false hope. Running elections campaigns, talking about fixing the middle class (Justin Trudeau is playing this card very heavily).

Here is the released text of that report.

“What we know about the middle class in Canada”:

There is a slight hollowing out of the middle class in Canada.

The ’2 parents-2 kids’ stereotype is not representative of the middle class anymore.

The majority of middle-income Canadians live in Ontario or Quebec.

Most middle and higher-income families are headed by a man but decreasingly so.

Heads of middle-income families are getting older … and more educated.

The market does not reward middle-income families so well … as a result they get an increasingly smaller share of the earnings pie.

The wages of middle-income workers have stagnated … and they get lesser government support for work transitions.

Middle-income Canadians are no more likely to move up than down the income ladder.

Wealth is not distributed equally among the middle class … and middle-income families are increasingly vulnerable to financial shocks.

Basic needs account for a large proportion of middle class’ spending … and many in the middle mortgage their future to sustain their current consumption.

A relatively small proportion of middle-income households experience material deprivation.

… over the medium term, middle-income Canadians are unlikely to move to higher income brackets i.e. the ‘Canadian dream’ is a myth more than a reality.