Just over 100 days into his term, Canadian prime minister Mark Carney is taking aim at the size of the state while ramping up military spending. He’s launched a whole-of-government review, pushing deep cuts, deregulation, and a $9 billion boost to defense.
He at least ran on lowering home prices so could be called out for breaking his promises. The Liberals ran on the exact same platform they did before, creating “affordable housing” while simultaneously making housing unaffordable.
Their main attack on Pierre was that he built no affordable government housing during his term, which is what they view as success even though housing was less than half the cost when he was housing minister.
Ummm…Poilievre never had a term. What they were attacking him for, was that his plan for making housing more affordable wasn’t going to actually do anything to make housing more affordable. Like everything else he came up with, it was just a slogan with no plan to back it up.
Matching immigration to housing completions doesn’t lead to lower prices?
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Explain how he “planned” to do that.
https://immigrationnewscanada.ca/poilievre-suggests-reducing-immigration/
You know that Canada is decades behind quotas, even without immigration as a factor…right? Immigration numbers are one of the smallest contributing factors dictating the cost of housing. Without an actual plan to address HOW to lower those costs, he is just blowing smoke up your ass.
This is as vacant as saying, “We will simply build more houses, and everything will get cheaper”. That isn’t a “plan”…it’s an oversimplified slogan with no real meaning.
The CMHC already said the new caps are lowering rents, so I’d say you’re foolish if you think 4% annual population growth didnt exacerbate our housing shortage. Without immigration our population would be in decline.
That’s mainly based on asking price, not the general trend. Rent is still increasing overall, just not as fast as it was. It’s a lot like inflation. It doesn’t go down.