Canada’s Entrepreneur Exodus: How Housing, Taxes & Capital Are Hollowing Out the Economy Browse foreclosure listings across Canada: https://realist.ca/tools/distress-deals Openclaw for realtors: https://meetyourhomies.com/ The script argues Canada is not only losing jobs but also losing entrepreneurs to the US, with declining business formation, shrinking venture capital per capita, and worsening GDP-per-capita divergence versus both the US and the OECD. It claims high taxes, regulation, and especially extreme housing costs reduce risk-taking and push founders and capital to jurisdictions with better funding, exits, and scaling incentives. Government policy is portrayed as increasingly propping up growth through residential investment and public-sector spending, including subsidies like removing GST/HST on new homes to stimulate construction, which further crowds out innovation elsewhere. The speaker cites a long-running drop in new firm creation since the 1980s, a tax “cliff” that discourages scaling, and a widening spread between cheap mortgage credit and expensive business loans that channels capital into real estate. The episode concludes by warning Canada risks becoming a low-growth consumption economy and suggests tracking firm creation, VC, migration, and public vs private job growth. 00:00 Entrepreneur Exodus 01:13 Housing Driven Economy 02:20 Startup Creation Collapse 03:20 Why Founders Leave 05:42 Safety Over Risk 06:31 Tax Cliff Scaling Trap 08:05 Venture Capital Follows US 08:46 Founder Story Homies 09:58 Housing Costs Kill Risk 13:00 Tax Risk Subsidize Stagnation 13:42 Canada Falling Behind 14:33 US Pull Compounding Drain 16:15 What It Means Next 16:58 Policy Fixes Metrics 18:04 Closing Thoughts #canada #entrepreneurship #realestateinvestingcanada #realestate #housingcrisis #startups #technology #investors

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