Canada’s Corrupt Liberal Government

Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a part of everyone’s retirement plan, according to Canada’s government.

That’s according to statements made by Canadian Prime Minister Justin Trudeau in an interview with the Globe & Mail’s City Space podcast. “Housing needs to retain its value… It’s a huge part of people’s potential for retirement and future nest egg,” he explained when discussing affordability.

The statement is shocking. If the intention was to never lower home prices, what was with the tens of billions spent on improving affordability about? We’ve long argued many of the measures implemented were actually to reinforce prices, not lower them. But let’s look past all of that, and get to the most disturbing part of that sentence. 

An unhoused woman almost a year into exile at a small RV encampment in Hamilton’s North End says she’s hopeful a permanent housing solution that fits her needs will arrive soon.

Heather Grant’s precarious life at the Barton-Tiffany brownfield continues after a dispute over plumbing with a landlord last June put her family into a tent at Woodlands Park then the recreational vehicle they currently reside in today.

Sometimes, politics is simple.

Occasionally, voters disregard all the noise, look at their own personal circumstance and vote accordingly.

That would not bode well for the Liberals in next year’s election.

In the House of Commons on Monday, Conservative Leader, Pierre Poilievre, pointed out that three-quarters of the outstanding mortgages in the country will be coming up for renewal before the end of 2026.

As predicted on this blog, Trudeau is working to support sky high real estate prices in cities to protect his urban vote base.

Trudeau says real estate needs to be more affordable, but lowering home prices would put retirement plans at risk

Prime Minister Justin Trudeau says his government aims to make housing more affordable for younger Canadians without bringing down home prices for existing homeowners.

Cutting shelter costs while ensuring that homeowners’ property values remain high could be viewed as contradictory, but Mr. Trudeau was adamant that property owners would not lose out.

“Housing needs to retain its value,” Mr. Trudeau told The Globe and Mail’s City Space podcast. “It’s a huge part of people’s potential for retirement and future nest egg.”

Mass immigration will be maintained at unsustainable levels to force housing prices ever higher and drive rents out of reach.

Trudeau’s corporate cronies will reap a bonanza from the shortages mass immigration brings not the least of which is depressed wages.