It is December, and the epidemic has been going on for 3 years. 2022 is much harder than we thought, but this year is about to end.
However, the risks of hikes in , economic fluctuations, and real estate market collapse are still like dark clouds pressing on us. Entering the post- new crown era 2023, can the dawn of hope still exist? What trends will be seen in various industries, housing prices, medical care and education?
McLin Magazine recently made a major prediction on this, looking forward to 2023 to see if this picture is as you wish.
The most immigrants in history
2023 Canada will usher in the most immigrants in history, breaking the record of annual revenue of 400,000, and will eventually reach 500,000 in 2025.
There is a strange phenomenon in Canada's economy - on the one hand, the unemployment rate is not low, on the other hand, the labor shortage is shortage, and the job vacancy is serious, especially in the fields of education, health care and construction.
fell into debt crisis due to dental care
Recently, the first phase of Canadian national dentistry has finally been launched, and families who meet the conditions can directly receive the money. For many, this is undoubtedly a great thing, but parliamentary budget officials estimate that the “cost” for five years to advance the plan could be 5.3 billion.
Cheaper daycare
Like dental care, the federal government's daycare plan is to achieve 10 yuan childcare in 2026.
The government will continue to post money in the next few years, and parents are expected to continue to see more cheap daycare services next year.
Euthanasia is easier
Euthanasia has been expanding in Canada since the decriminalization of medical assisted death in Canada in 2016.
At first, it was only suitable for terminally ill patients who have "reasonably foreseeable" death. In 2021, euthanasia eligibility will be extended to any Canadian over the age of 18 who suffers from severe physical illness, disability, or chronic pain, whose condition is irreversible and unbearable.
is expected to continue to expand next year, including those whose only underlying disease is mental illness, which has also sparked widespread discussion and criticism.
National housing prices fell by 25%
During the epidemic, many Canadians moved to marine provinces such as Nova Scotia , New Brunswick and Prince Edward Island , causing a sharp rise in housing prices here. However, as the epidemic ends, employers require employees to return to their offices, etc. By the end of 2023, National housing prices may fall by 25% , the largest drop in the Atlantic province of Canada.
House supply pressure increases
Although the national housing prices will still fall in 2023, the widespread acquisition of immigrants also brings a question: Where do new immigrants live?
Currently built housing in Canada is still not enough to accommodate the growing population. Over the next decade, at least one million homes will be needed to build ontario alone, while 156,000 units will be needed to meet the needs of the Greater Vancouver area.
To make matters worse, we do not have enough skilled construction workers.
more dense cities
Canadian population may reach 52.5 million in the next 20 years, with a growth rate exceeding any other G7 country.
This also means we need to build higher and denser housing . The skyline is bound to change, think about the Vancouver Broadway plan, which will be earth-shaking in the coming years.
House prices will fall, but rents will rise
Comprehensive the above situation, housing prices may plummet next year, but this does not mean that housing is becoming cheaper and cheaper.
High interest rates will keep mortgages high and loans become difficult, while rents will continue to climb as supply remains tight.
The number of renters nationwide is growing faster than that of owners, especially in cities such as Montreal , Quebec City and Halifax .
Economic recession will eventually bring harm
Bank of Canada fought inflation in 2022, seizing every opportunity to increase interest rate , and the side effects are also obvious - economic recession.
House construction activities are decreasing, manufacturing may be in a halt. Trade with the United States will slow down, people will buy less cars and appliances, and the plastic, metal and wood industries will feel pressure.
In short, it is best for everyone to "tighten the seat belt".
Flight selection will be more
Air travel in Canada has always been both costly and time-consuming, and the recent labor shortages and service cuts have made flight more painful.
But there is also good news. The existence of low-cost airlines such as Lynx Air, Swoop (WestJet's discount airline) and Canada Jetlines makes it cheaper to visit relatives.
and Lynx is expanding – it will start flying to Orlando, Phoenix and Las Vegas later in 2023 – which heralds a new era of cheap travel in Canada.
The sequelae of the new crown
The epidemic may subside, but the symptoms of long-term COVID can be painful: fatigue from being unable to get up, severe palpitations and loss of taste and smell, etc.
At present, experts know very little about the disease and are difficult to diagnose, and they don’t even know how many Canadians are suffering from the torture of the new crown.
This may change in 2023 – doctors, including Ontario’s chief medical officer, will push for a long-term COVID strategy to improve testing and treatment for long-term COVID.
18 long-term COVID-19 clinics in 5 provinces in Canada have opened to provide care for affected patients. Scientists at the Lawson Institute of Health in Ontario have identified the unique biomarker , which believes that the new coronavirus can be diagnosed through simple blood tests and adopt new treatments.
Family doctors "price increase"
Shortage of doctors is a national phenomenon, especially in some provinces. Nearly one-quarter of BC people do not have a family doctor and cannot find a family doctor.
To address this issue, provinces have started incentives, with BC providing new family doctors with a signing bonus of $25,000, and student debt relief of up to $130,000.
In addition, different billing models may be adopted to increase the income of family doctors and retain more doctors.
Emergency room continues to close
Doctors are kept, but the shortage of nurses is still the biggest challenge facing hospitals in 2023.
Temporary closure of emergency rooms may become more common, forcing patients to seek medical treatment further away and wait longer.
mRNA vaccine can cure cancer
Scientists are optimistic that the mRNA vaccine developed to fight coronavirus can also be used to fight many other diseases.
Our immune system can use these protein to fight infection.
vaccine based on mRNA also showed hope as cancer treatment , which helps to generate antigen that attacks tumor cells.
International students increased significantly
Last year, Canada replaced the UK as the third most ideal learning destination for international students (second only to the United States and Australia).
This is good news for colleges and universities: international students pay extra fees.
The government has also seen the benefits of recruiting international students - it can be a solution to the problem of rapid aging of the labor force.To accommodate more international students, the government has also provided some incentives, such as lifting restrictions on off-campus working hours. Various measures will also inspire more international students to come to Canada.
Give up the public school system
Continuous cuts in the education budget have made parents disappointed with public education. And in private schools, students can get more personalized attention.
Enrollment in Canadian private schools increased by 21% from 2006 to 2020.
In Ontario, one in four schools are now independent (a total of 1,576), and by 2023, that number will only grow.
Overall, in 2023, we still have more hope.
Looking back at the past year, we are like giving birth to newborns in pain. Wave goodbye to the past and look up at the stars, we still have to pursue our dreams.
2023, whether it is calm or stormy, we must still set out firmly.
