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.
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.