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You aren't wrong.
We're stuck with the first past the post electoral system which is following the same route of falling into the 2 party trap. Corporations are buying those two parties and they are both further right than I think a lot of Canadians want, but the left leaning parties are a hard option to vote for, out of fear of the rightmost party getting the seat of power.
Trudeau did get elected originally on the promise of electoral reform with the NDP, but that promise was one of many he broke, and who knows how long before we can get it back as a voter issue.
Right now no one can get past the fear of economic uncertainty, which is being used by both the Liberals and Conservatives to ignore things that are much bigger in the long run, like climate change, and electoral stagnation.
Most 1st world democracies are stuck in this trap, because their voters won't accept short term pain that is necessarily for long term gains. They won't raise taxes, they won't invest in long term capital projects, and they all want to make as much money as possible as quickly as possible and blow it on all hedonistic pleasure, hence why everyone seeks to financial everything and pursue asset value growth...
The problem being that asset growth makes the rich richer, and deprives those without assets from every having a piece of the pie. It also devalues labor...
The sad truth is if you made some bargain, like asset values deflate buy 25%, by salaries double over the next decade... the voters won't ever accept it. Even if in the long run it would make everyone's lives better. Because they want their homes and stocks to keep doubling in value every 10 years, even as the COL climbs 50% higher than inflation.