CaptainTrouble
Based Member
The Canadian government (all levels) spends roughly $50B/year directly to Native Indians. Yes, you read that right. $50B/year. This also doesn't include one-time extraordinary payouts. In 2024, these payouts were themselves over $10B on-top of the regular $50B. The estimated economic cost of Native Indians is about $30B/year. This is the cost the lack of development in Canada because of Native Indian bands.
The additional cost to Canada's prison and judicial system for Native Indians is about $2B/year; however, this cost will stay in place after my solution so it doesn't matter. There's also significant costs to culture and overall health of society having Native Indians integrated with us. I've seen it first hand; as the Native Indian population in a city goes up, the happiness of people goes down. They rip the joy out of any community they are significantly a part of.
Overall, the total costs to Canada for the current Native Indian system is about $80B/year (not factoring in an average for one-time payouts).
If we presume this $80B/year grows at a the rate of inflation per year, then into perpetuity, this amounts to a present value of $5.9T ($80B divided by 1.35% which is the real risk-free rate of Canada. That's essentially what the cost is in today's dollars of Native Indians in Canada.
Native Indians cost Canadians $5.9T in present dollar value.
Canada cannot ignore the Native Indian problem any longer. When we were a rich country, we could afford to ignore it. Now that we're becoming increasingly poorer we're going to have to deal with the Native Indian problem.
The additional cost to Canada's prison and judicial system for Native Indians is about $2B/year; however, this cost will stay in place after my solution so it doesn't matter. There's also significant costs to culture and overall health of society having Native Indians integrated with us. I've seen it first hand; as the Native Indian population in a city goes up, the happiness of people goes down. They rip the joy out of any community they are significantly a part of.
Overall, the total costs to Canada for the current Native Indian system is about $80B/year (not factoring in an average for one-time payouts).
If we presume this $80B/year grows at a the rate of inflation per year, then into perpetuity, this amounts to a present value of $5.9T ($80B divided by 1.35% which is the real risk-free rate of Canada. That's essentially what the cost is in today's dollars of Native Indians in Canada.
Native Indians cost Canadians $5.9T in present dollar value.
Canada cannot ignore the Native Indian problem any longer. When we were a rich country, we could afford to ignore it. Now that we're becoming increasingly poorer we're going to have to deal with the Native Indian problem.
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