Canadas Major New Employment SCAM!! (Why You're Broke)

Summary

The video script discusses a potential employment and immigration scam in Canada, which may be suppressing wages and undermining the labor market. The creator investigates online allegations, uncovering a suspicious trend of Labor Market Impact Assessments (LMIA) being used to hire foreign workers at potentially reduced wages, despite rising unemployment among Canadians. The video raises questions about companies claiming they cannot find suitable Canadian workers for various roles, suggesting a possible scheme to sell LMIA assessments to foreigners for a fee, which could lead to wage suppression and job market manipulation.

Takeaways

• 😨 There is an alleged employment and immigration scam in Canada that could be suppressing wages and undermining the immigration and employment systems.
• 🔍 The video creator found concerning information online about the situation and decided to investigate further by searching for more details.
• 📉 The labor market in Canada is reportedly deteriorating, with full-time employment rates decreasing, which could signal an impending recession.
• 📈 Despite unemployment rates being historically low, other indicators such as initial jobless claims suggest a worse employment picture than what is officially reported.
• 🛂 The Labor Market Impact Assessment (LMIA) is a document required for employers to hire foreign workers, which has been increasing in a suspicious manner.
• 🤔 There is a growing concern that companies might be selling LMIA assessments to foreign workers, potentially for a fee, to bypass normal immigration processes.
• 💼 Some companies listed in the video are alleged to have active LMIAs for roles that seemingly should be fillable by local workers, raising questions about the legitimacy of the need for foreign labor.
• 📊 The video presents data suggesting that part-time jobs are being counted in employment numbers, which may mask the true state of full-time employment.
• 🏢 Specific companies mentioned in the video, such as Maruti Empire and Stay Home Forever, have active LMIAs for roles that seem ordinary and not necessarily requiring specialized foreign labor.
• 📝 Public job postings related to LMIAs reveal a variety of roles that companies claim cannot be filled by Canadians, including positions in fast food chains and customer service.
• 🤷‍♂️ The video creator emphasizes that while no direct allegations are made against specific companies, the overall situation raises questions about wage suppression and the impact on local job seekers.

Q & A

What is the main concern raised in the video script about the Canadian labor market?

The main concern is a potential employment and immigration scam that may be subverting the Canadian labor market, keeping wages low, and undermining the immigration and employment system at the expense of Canadians and the people being brought over.

What does the video suggest about the current state of full-time employment in Canada?

The video suggests that full-time employment in Canada is showing a downward trend, indicating that there are more job seekers and potentially a sign of an imminent recession.

What is a Labor Market Impact Assessment (LMIA) and why is it significant in this context?

A Labor Market Impact Assessment (LMIA) is a document that an employer in Canada may need to obtain before hiring a foreign worker. It signifies that there is a need for a foreign worker to fill a job and that no Canadian worker or Permanent Resident is available to do the job. It is significant because it is allegedly being misused to bring in foreign workers at reduced wages, suppressing wages and potentially scamming the system.

How does the video script connect the increase in part-time jobs to the full-time employment situation?

The script suggests that the increase in part-time jobs is being counted as part of the non-farm payroll number, which may make the economy appear better than it is. The actual full-time employment numbers are falling, indicating a deteriorating labor market.

What allegations does the video script mention regarding the LMIA process?

The script mentions allegations that companies are selling LMIA assessments to foreigners for a fee, allowing them to work in Canada under the LMIA, which could be a form of scam and wage suppression.

What is the video's stance on the 'soft landing' scenario for the economy?

The video does not support the 'soft landing' scenario, suggesting that the interest rate hikes and economic factors are still impacting the system, and a recession may be inevitable.

What is the role of unemployment rates and jobless claims in the discussion of the labor market in the video?

Unemployment rates and jobless claims are used as indicators of the labor market's health. The video mentions that these rates have risen over the past year, and jobless claims have come out worse than expected, affecting the markets and suggesting a deteriorating labor market.

How does the video script use the example of part-time job numbers to illustrate a point about the labor market?

The script uses part-time job numbers to illustrate that even though the overall employment numbers may look okay due to an increase in part-time jobs, the actual full-time employment is decreasing, which is a more accurate reflection of the labor market's state.

What is the significance of the companies mentioned in the video script that have active LMIA applications?

The significance is that these companies, despite the rising unemployment in Canada, claim they cannot find Canadian workers for certain roles and need to bring in foreign workers. This raises questions about the validity of these claims and the potential misuse of the LMIA process.

What is the video's final call to action regarding the discussed issues?

The video's final call to action is to encourage viewers to share the information, like and subscribe for more content, and to suggest that investigative journalists might want to look into the allegations and strange findings presented in the video.