"We're calling on the Prime Minister to sell his investments, turn them into cash, hand them to a trustee who can invest them in a way that is completely blind to him so that he does not have any knowledge of what he owns"
I assumed this was what a blind trust is, can you educate me what a blind trust actually is?
Unless we cut taxes and encouraged investment in Canada and grew GDP at a non-per capita level.
We were second last next to Luxembourg in the 38 countries of the OECD at per capita GDP growth since Trudeau took over.
In the end it doesn't matter to me what Canada does, I keep my investments outside of Canada, and I have more Bitcoin than I do Canadian assets due to my level of trust in our government.
Hes still got us capped at 500k immigrants a year now which is double what Harper had, and theres talk of him reviving foreign buyers. His new housing minister actually says prices shouldnt come down, they clearly have no initiative to lower home prices.
I stopped eating food with added sugar and I do feel much healthier now. The food we eat is cancerous and its not worth the future pain, diabetes also is no joke as you can easily lose a leg.
I also stopped drinking caffeine and havent had a migraine since.
He did hire housing ministers that ballooned Vancouver real estate however, who also says that housing prices shouldnt come down because its boomers retirement fund.
The government building it doesn't make something affordable, the supply relative to demand does. Harper had 1/3 the immigration, thus housing was affordable.
I don't disagree that they share blame however things were going fine prior to tripling immigration, was it not?
It was the Feds that changed the status quo in a rather static ecosystem, and I have a propensity to blame the direct catalyst that lead to the shortage rather than those who failed to adapt at breakneck speeds. Surely building the homes first would be the rational order of operations.
Housing prices rose because we brought in 1.4 million people in a single year and tripled immigration, blaming capitalism for that seems a bit silly. Trying to implement price controls is great but how do you decide who gets the cheaper house, you've done nothing to improve the supply while the demand continues to increase.
Most areas of our largest cities still zoned for single family homes, still no shovels in the ground for high speed rail, mass immigration from low emission countries continues. Has Canada done anything except tax the poor for not buying a new 80,000$ EV and instead relying on fossil fuels to power their 25 year old beige Corolla?
What you dont understand about the plan to financially repress the youth by ballooning home values via mass immigration is that Brookfield has a large residential real estate portfolio, which will fall in value if home prices fall.
Dont worry, he wont be cutting the Bank of Canada's funding, nor the billions in mortgage bonds the Bank of Canada is buying to inflate home values for his stock portfolio. It will be the less important things like health transfers and child benefits.
The new boss is the same as the old boss, but what would you expect when you vote for the monopoly man who built his empire selling greenwashing funds that mainly hold large US tech stocks.
Wow such an inspiring first mover advantage for the old. Meanwhile the young get to compete with hundreds of thousands of new people every year after we tripled immigration.
I'm sure we will ban robotaxi's as well once they're fully developed. Cant have anyone benefit from a cheaper price when it could go to a corporation.