Canada’s Corrupt Liberal Government

Trudeau government created housing crisis poised to worsen without major reforms, RBC report says

Canada’s housing affordability crisis will hit even more alarming levels in the coming years without a bold set of policy reforms to boost supply, the economics department at Royal Bank of Canada said Monday in a report.

The country needs to complete roughly 320,000 housing units annually from now until 2030, simply to meet the new demand that will arise over that period, according to RBC estimates. This would amount to an increase of nearly 50 per cent from recent completion levels – and it would require a record pace of construction.

If anything, Canada is moving in the wrong direction. There were around 240,000 housing unit starts in 2023, down from roughly 271,000 in 2021, according to figures from Canada Mortgage and Housing Corp. This doesn’t bode well for completions over the rest of the decade.

In the past few weeks the Liberals have been on blast about their many housing initiatives as if that was going to solve the crisis they created.

All of their grandiose declarations amount to a drop in the bucket.

It’s all bullshit all the time from the Liberals.

h/t DS

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by Blazingcatfur••0•Posted in"Homelessness & Affordability Crisis", Canada, Canada's Corrupt Liberal Government

Deluge of federal pre-budget announcements draws fire from opposition, premiers

Prime Minister Justin Trudeau continues to face resistance from the Conservative opposition and some provincial leaders as time ticks down to the federal budget on April 16.

In a letter to the prime minister released on Sunday, Conservative Leader Pierre Poilievre again articulated his critique of the government’s handling of a range of issues — from housing, to the carbon tax, to the economy more generally.

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by Blazingcatfur••0•Posted inCanada's Corrupt Liberal Government

MacDougall: Spend, then spend some more, won’t save Trudeau

At this rate, all Finance Minister Chrystia Freeland has left to do on April 16 is rise in the House of Commons, point to Prime Minister Justin Trudeau, and say “ditto.” That’s how quickly the prime minister is pulling rabbits out of her (supposed) budget-day hat.

There’s been the $15 billion top-up to the Apartment Loan Construction Program; the $6 billion for infrastructure related to housing; another $1.5 billion for the rental protection fund; and a $400 million boost for the Housing Accelerator Fund. All announced before budget day.

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by Blazingcatfur••0•Posted inCanada, Canada's Corrupt Liberal Government

Trudeau campaign announces billions to build Canada’s AI capacity with your money

The Liberal government is setting aside $2.4 billion in the upcoming budget to build capacity in artificial intelligence.

The bulk of that — $2 billion worth — is going into a fund that will aim to provide access to computing capabilities and technical infrastructure.

Prime Minister Justin Trudeau made the announcement in Montreal today as part of his government’s pre-budget tour.

This is campaigning on our money.

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by Blazingcatfur••0•Posted inCanada's Corrupt Liberal Government, WTF?

Why Pierre Poilievre’s over-the-top attacks on Justin Trudeau are bad for the country

There’s been some criticism of Conservative leader Pierre Poilievre because he hasn’t given Canadians much detail about what policies he would adopt to make things better in Canada if he were elected prime minister.

It appears those critics have missed the point. Things will obviously be better if he’s PM because Justin Trudeau won’t be. That is the entirety of Pierre Poilievre’s argument to the Canadian people.

Works for me.

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by Blazingcatfur••0•Posted inCanada's Corrupt Liberal Government

Ottawa’s billion-dollar housing pledges promising but not enough


Canada’s housing crisis heightened in 2020 and 2021, when families with median incomes faced an average house price that was as high as seven to nine times their annual income. Surging home prices and relatively stagnant income growth combine to make the dream of home ownership beyond the reach of most Canadians, especially young people, unless either house prices fall by half or earnings double.

The rental market is no more affordable. Renters spend on average more than 35 per cent of their incomes on rent. In tighter markets such as Toronto and Vancouver, rents could be as high as 45 per cent of income.

Housing unaffordability is a dire issue.

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by Blazingcatfur••0•Posted in"Disinformation", "Homelessness & Affordability Crisis", Canada's Corrupt Liberal Government

Foreign Interference Needn’t Determine Election Outcome for Winners to Feel Indebted to China: CSIS Officia

A Canadian intelligence official says while Beijing’s attempts at foreign interference may not have had a decisive impact on Canada’s 2021 election outcome in a specific riding, such covert activities can still leave the elected candidate feeling indebted to the communist regime.

At a closed-door hearing, the Public Inquiry into Foreign Interference received a summary of interviews with intelligence officials that said, “even if FI [foreign interference] did not directly lead to the election of a given candidate, that interference could nonetheless have an impact on the relationship with that candidate, and by extension the communities they represent.”

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by Blazingcatfur••0•Posted in"Canada's China Class", "China - Communist Slave State", Canada's Corrupt Liberal Government

Justin Trudeau is beset by a divided party and an angry electorate

“My job is not to be popular.” Justin Trudeau, Canada’s prime minister (pictured), spent much of March explaining himself as he fought a revolt against an increase to the country’s carbon tax. On his own terms, and few others, Mr Trudeau is succeeding. Both his Liberal Party and the tax—which increased from C$65 to C$80 ($59) per tonne of CO2 equivalent on April 1st—are unloved. Mr Trudeau survived a no-confidence vote ahead of the increase, but the debate it sparked has added to the burdens of a prime minister who is staggering through his ninth year in power.

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by Blazingcatfur••0•Posted inCanada's Corrupt Liberal Government

Beneath ArriveCan

MPs want to know how a mobile app’s costs grew out of control. An abandoned house on an Ontario First Nation is an important stop in the search for answers

The house at 55 Vimy Ridge Rd., a 90-minute drive northeast of Toronto in the Alderville First Nation, has seen better days. The wooden front steps are broken, a basketball-sized wasp nest hangs from its roof, and debris – gas cans, a fridge, furniture and rusting metal – litters the backyard.

Passersby would never guess that the property is connected to a business that has received more than $100-million in federal spending. In corporate records, the home is the registered address for David Yeo, a former soldier who is now an entrepreneur and the founder of Dalian Enterprises Inc., one of the companies at the centre of a growing controversy over government contracting related to the ArriveCan mobile app.

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by Blazingcatfur••0•Posted inCanada, Canada's Corrupt Liberal Government

Vivian Bercovici: Liberals and NDP turned their backs on Jews — in Israel and Canada

On Oct. 7, Hamas terrorists launched a massive attack against Israeli civilians that, I expect, succeeded beyond their wildest expectations. Operation Al-Aqsa Flood had been planned for years, with training support of every kind from the Islamic Republic of Iran and other Islamist proxies in the region.

The goal was not only to invade southern Israel but to reach the Al-Aqsa Mosque in the Old City of Jerusalem; to “flood” the mosque with holy warriors — jihadis — and destroy Israel along the way.

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by Blazingcatfur••0•Posted in"Oct 7 2023", Canada's Corrupt Liberal Government

ChrystiaFreeland is at the centre of a political storm. The course she charts out of it could save her Liberal government — or make matters even worse

OTTAWA—It’s 2014, and Chrystia Freeland is laughing on the streets of London.

In classic Freeland fashion, she’s casually strolling with a smart and influential person whom she has known for years: Michael McFaul, a top Barack Obama-era foreign policy thinker, fresh off his stint as the American ambassador in Moscow. Aown a long block of the historic city, the subject turns to how Freeland recently transformed her life. Only seven months earlier, she was elected to Parliament in a downtown Toronto byelection, thus trading her vocation as a successful journalist for a new calling as a Canadian politician.

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by Blazingcatfur••0•Posted inCanada's Corrupt Liberal Government

CHARLEBOIS: Debating the path to carbon pricing

Over 340 economists have penned an open letter in support of Canada’s prevailing carbon tax policy.

Despite the misleading information noted in the letter regarding the carbon tax’s impact on our climate and its effect on our cost of living – specifically referencing the Bank of Canada’s erroneous calculations – the group certainly has the right to express its viewpoint.

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by Blazingcatfur••0•Posted in"Net-Zero Tyranny", Canada's Corrupt Liberal Government