What banks in Canada received bailouts, exactly? Even during the 2008 collapse, no bailouts, no small FIs (credit unions) went under.

I think you're thinking of America.

And in this case, my comment wasn't about op ex or efficiencies specifically. It's just a blunt statement that the canadian government can't handle all the immigration, nor can canadian systems or infrastructure. It's all crumbling as a result of stupid levels of immigration -- which accounts for practically 100% of our population gains for the past however many years. Housing prices fluctuate based on immigration levels -- housing costs have been going down since 2024 (before trump and the recent nonsense), the same time that they put harder caps on immigration. If you look at a comparison between the real housing price index and our immigration levels over the past two decades, the spikes and dips match up pretty well.

People unquestionably in favour of immigration don't look at what it does to the sustainability and stability of existing infrastructure/ecosystems. Introduce an influx of hundreds of thousands of wolves to a pasture, and it doesn't matter how efficient the 2000 worker sheep may be, they're all fucked. You can't instantly create hundreds of thousands of sheep to meet the new demand for sheep from the hundreds of thousand of wolves. Our government can't manage to do basic checks on even the reported abuses, so it really isn't any surprise that we have shit like international gang extortion rings in BC these days.