Welcome to Canada! Give us your money.

By Edar 'Cinnikull' Aihil

Canadian BankersThat big bang you just heard wasn’t the garbage truck slamming your trashcans. It’s the marketing effort by a particular (recently-battered) industry targeting a particular community.

It’s the realization of something big. And that’s where the money is.

You see, there’s an entire cottage industry — no, strike that (silly me.) There’s a whole lucrative multi-billion dollar industry that’s been milking immigrants. It’s what I’ve started calling The Immigrant Market Industry (a full post on that later.)

The Immigrant Market Industry

Most of this ‘market industry’ is busy churning out magazines, seminars, sessions, counselling, researches, academic studies, periodicals and acres and acres forests worth of paper. The more you produce, reproduce and recycle, the more government funding you get, apparently.

But that’s not what this post is about.

Let’s take a sample from the Immigrant Market Industry milkers.

The Milkers and Shakers

On top of the food chain are the government-funded and ad-supported free glossy magazines which are franchised by top media giants like Toronto Star and that are run by pat-on-the-back, mutually congratulating representatives of the ‘Immigrant Community’.

They even have — I kid you not — fancy black-tie type Immigrant Awards ceremonies (a full post on that later, too.)

On the face of it, it all looks very touchy-feely and weepy-sobby and lump-in-throaty. You know, how nice… there are so many people and organizations competing with each other to make the new Immigrants feel right at home.

Nothing wrong with that, mind you.

Milk the Sheep, Feed the Beast

However, as someone with impeccable credentials of being a cynic, you clearly notice what’s greasing this well-oiled machinery apart from the well-meaning but oft misguided government grants. And what’s really at the (big) business end of those ear-to-ear smiles.

Notice the big ads with a nice ethnic family grinning and jumping for joy? Saw the nice foreign-looking kids eating and drinking and merrily rejoicing? Read the ‘testimonial’ of a hard-working man, fresh off the boat from an unpronounceable city who was helped by a nice lady (herself an immigrant?)

The Banks, my dear Watson.

Every reputable bank and their appointed telemarketing scammer in Canada is welcoming the newcomers!

Get them while they’re fresh and steaming with hope, waive them a few fees for a couple of months or so with asterisk-laden fine-prints, sign them up for a credit line or two, hook them up with a nice mother-tongue speaking officer, sell them a mortgage or two later, rope them in with incomprehensible interest and financial instruments, and Bob’s your uncle.

I love Market Economy!

Published: July 27th, 2010

Comments

  • http://www.correresmidestino.com Zhu

    The pressure to spend can be quite intense at first, even I was surprised. After a while, you quickly learn that nothing is free…

  • http://www.end-2012.com Nicolas

    Hello, i have a more plus for living in Canada :-)
    via http://end-2012.com/survive-2012/how-to-survive-polar-shift-at-dec-2012-safe-zones-of-our-planet-%E2%80%93-canada-2

  • http://www.handytax.ca HandyTax

    The spending craze can be overwhelming to many immigrants, although it pales in comparison to the United States. Still, there are many programs and tax credits out there that give people in a variety of situations a chance to prosper.

  • http://pressfortruth.ca/ MrTaxpayer

    For you all intrested in Canadian banks I do recommend to watch this video called:
    Oh Canada Our Bought and Sold Land.
    http://www.ohcanadamovie.com/index.html

  • http://www.thecanadianfacts.org/index.html me

    Social Determinants of Health:
    The Canadian Facts
    http://www.thecanadianfacts.org/index.html

    check this pdf that covers:

    1. Income and Income Distribution
    2. Education
    3. Unemployment and Job Security
    4. Employment and Working Conditions
    5. Early Childhood Development
    6. Food Insecurity
    7. Housing
    8. Social Exclusion
    9. Social Safety Network
    10. Health Services
    11. Aboriginal Status
    12. Gender
    13. Race
    14. Disability

  • http://www.theglobeandmail.com/ MaxPayne

    I bet they on purpose pay low wages so people are forced to use credit cards and to make the banks rich.

    Here is nice documentary
    http://moneyasdebt.net/
    http://torrentchannel.com/Money_As_Debt

    ”Debt and interest are the greatest threat to our security”

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