Federal report warns of bleak future as Canada faces economic meltdown

A homeless encampment
A homeless encampment Wikimedia Commons
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A federal think tank is warning that Canada could face a dramatic social and economic breakdown within 15 years, including mass emigration by wage earners, a surge in mental health crises, and widespread illegal hunting for food among the poor.

Blacklock's Reporter says the stark prediction comes from a Foresight Brief quietly released by Policy Horizons Canada, a division of the Privy Council Office.

Dated January 2025 and titled Future Lives: Social Mobility In Question, the report paints a picture of a deeply divided Canada by 2040 — where few believe they or their children can build a better life.

“Many people in Canada assume ‘following the rules’ and ‘doing the right thing’ will lead to a better life,” the report states. “However, things are changing. Wealth inequality is rising. It is already common for children to be less upwardly mobile than their parents.”

Analysts suggest that growing inequality will erode hope and trust in institutions, driving many to leave the country altogether.

“Canada may become a less attractive destination for migrants,” it says, warning that even new Canadians could seek better opportunities elsewhere if the country is seen as stagnant or regressive.

The report outlines a grim future where affluent Canadians wall themselves off in gated communities to escape economic, political, and social unrest, while those left behind turn to survival tactics outside the law.

“People may start to hunt, fish and forage on public lands and waterways without reference to regulations,” it notes. “Governments may come to seem irrelevant.”

Access to postsecondary education is projected to become a luxury only the wealthy can afford, while homeownership for first-time buyers will depend almost entirely on family wealth. Inheritance, the report says, may become “the only reliable way to get ahead.”

Mental health outcomes are expected to worsen dramatically, driven by a deep sense of frustration and hopelessness.

“Frustration could leave many people deeply unhappy with negative consequences for their family and loved ones,” analysts wrote.

The report does not disclose who ordered the research or for what purpose, though all contributing authors are federal employees. Policy Horizons Canada emphasizes the scenario is not a forecast but a plausible outcome if current trends continue unchecked.

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