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Old 01-09-2024, 09:19 PM   #3248
GGG
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Originally Posted by Muta View Post
Unless the cost of living to have a multi-child family becomes significantly cheaper in Canada in the coming months and years, those incentives are going to have to be pretty damn convincing. COL, higher education and the increasing rejection of religion are large factors in the declining birth rates in western countries.
Dollars also might not do it at all as like you point out it’s a reduction of religion and improvement in family planning that drives low birth rates as evidenced by lower incomes in developed countries having more kids than higher incomes. It’s a lifestyle choice, an unwillingness to sacrifice personal goals for having children. People like to say they can’t afford another child but what they really mean is they don’t want to take the lifestyle hit to have an another child or a first child.

So if automation hasn’t eliminated scarcity you will need like 20% additional tax penalties on the child less to pay for their own retirement / health needs.
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