the destroyer of worlds Posted June 11 Share Posted June 11 3 minutes ago, Bure_Pavel said: It was not supposed to be hateful, I'm just not sure who else you can really blame. A profit margin increase from 11.3% in 2020q1 to 19.2% in 2021q2 is a massive increase during a time of great hardship for the public. Those programs were short sighted and not well thought out in my opinion, not really fair to the average joe who is left with the bill while the rich pocketed all the cash. Action was definitely needed due to covid, but $350 billion is a lot of money to throw around willy nilly and could have helped a lot of people who are struggling out there. So tax the rich then? You know who 1000000000000000000000000000 % isn't going to to that? The career politician led CONs. You know which side of the isle that this has a chance of happening? Pretty boy leads one of those parties. 1 Quote Link to comment Share on other sites More sharing options...
Elias Pettersson Posted June 11 Share Posted June 11 2 hours ago, Bure_Pavel said: Canada’s federal COVID spending totaled $359.7 billion, of which an estimated 25 percent ($89.9 billion), at a minimum, was wasted. Total federal COVID spending has added $8.3 billion to present-day interest costs and we estimate approximately $2.1 billion of that amount is attributable to wasteful COVID spending. Over the next 10 years, Canada’s federal government is projected to pay $21.1 billion in interest costs attributable to COVID fiscal waste. Put differently, the cost of Canada’s COVID fiscal waste will total roughly $111.0 billion by the end of 2032/33. https://www.fraserinstitute.org/studies/fiscal-waste-during-the-pandemic-in-canada-and-the-united-states#:~:text=Canada's federal COVID spending totaled,attributable to wasteful COVID spending. The other roughly 150 billion dollars added to the National debt since 2020 would be unrelated to covid. Each Canadian now owes over 31k for their portion of the national debt and each Canadian spent roughly 9.5k on the fight against covid only including money spent by the federal government. But some people are more upset about some dude wasting taxpayer dollars by calling the crime stoppers tip line to complain about MP's committing treason... 1 Quote Link to comment Share on other sites More sharing options...
Warhippy Posted June 11 Share Posted June 11 2 minutes ago, Elias Pettersson said: But some people are more upset about some dude wasting taxpayer dollars by calling the crime stoppers tip line to complain about MP's committing treason... More so now because May came out and basically said it was nothing to really worry about. But she did mention it had stuff to do with leadership and np nominations Which party has had issues with that again? Quote Link to comment Share on other sites More sharing options...
Elias Pettersson Posted June 11 Share Posted June 11 1 hour ago, Warhippy said: Housing is unaffordable now! Oh wait... 2010 https://www.cbc.ca/news/business/should-canada-fear-housing-bubble-trouble-1.947180 2014 http://neighbourhoodchange.ca/documents/2014/04/paradis-et-al-2014-nowhere-else-to-go-inadequate-housing-risk-of-homelessness-among-families-in-torontos-aging-rental-buildings-rp231.pdf 2013 https://www.theglobeandmail.com/real-estate/mortgages-and-rates/why-canadian-homes-are-more-unaffordable-than-ever/article15588053/ 2012 https://www.businessinsider.com/canadian-housing-bubble-2012-10 2012 https://fcpp.org/2012/01/23/media-release-canadian-housing-affordability-continues-gradual-decline-restrictive-urban-planning-to-blame/ 2014 https://www.cbc.ca/news/canada/british-columbia/vancouver-s-housing-2nd-least-affordable-in-world-1.2505524 2013 https://www.cnbc.com/id/100736121 2014 https://bc.ctvnews.ca/canadian-housing-market-overvalued-by-20-per-cent-agency-warns-1.1915301?cache=kvcvaggfaak%2F7.537722 2010 https://seekingalpha.com/article/224257-canadian-housing-another-debt-fueled-bubble So tell me again how housing MAGICALLY became unaffordable sometime around Autumn of 2015 because I love that old gem Thanks for asking. A detached home in East Vancouver in August of 2015 was worth $1,293,500. A detached home in East Vancouver as of May, 2024 was worth $2,016,500. The 5-year mortgage fixed interest rate in August of 2015 was 2.38%. The 5-year mortgage fixed interest rate as of May, 2024 was 4.79%. With a 20% downpayment, your monthly mortgage payment for a detached home in August of 2015 was $4,018.20. With a 20% downpayment, your monthly mortgage payment for a detached home as of May, 2024 was $8,408.30. That's an increase of well over 100% in 8 1/2 years since Trudeau took office. In August of 2015, you needed to make $160,000 in combined yearly income in order to qualify for your mortgage with a 20% downpayment of $258,700. In May of 2024, you needed to make $336,320 in combined yearly income with a downpayment of $403,300 in order to qualify for your mortgage. I would say that is a significant difference and meets the definition of housing becoming more unaffordable since 2015... Quote Link to comment Share on other sites More sharing options...
Elias Pettersson Posted June 11 Share Posted June 11 36 minutes ago, the destroyer of worlds said: So tax the rich then? You know who 1000000000000000000000000000 % isn't going to to that? The career politician led CONs. You know which side of the isle that this has a chance of happening? Pretty boy leads one of those parties. Wealth redistribution to fix Trudeau's bad spending habits would only occur in a socialist or communist country... 1 1 Quote Link to comment Share on other sites More sharing options...
Optimist Prime Posted June 11 Share Posted June 11 1 hour ago, Ricky Ravioli said: I obviously can't speak for everyone but for me, it's not about blaming Trudeau. It's about wanting new ideas, new approaches and new views on how to solve the problem. Its clear at this point the current government doesn't have the ability or will to work on the issues. Time to try a different approach That is a rational and decent argument. My problem with the front runner to replace the current government is they have never articulated what their new approach will be other than to undo most things the current government has done. That is just a protest vote that will end up giving power to a literal Career Politician who took up residence in Ottawa in his 20's and refuses to leave, despite authoring a paper when he was 20 stating that every politician should be limited to 2 terms in public office: here he is 20 years later ingrained in office and now the leader of a party with zero ideas other than to blame the current PM for EVERYTHING, real and imagined. The new ideas concept, i totally get and in a lot of ways agree with, but the logical fallacy is that Pepi Le Pew is the provider of these new ideas. Quote Link to comment Share on other sites More sharing options...
Elias Pettersson Posted June 11 Share Posted June 11 23 minutes ago, Warhippy said: More so now because May came out and basically said it was nothing to really worry about. But she did mention it had stuff to do with leadership and np nominations Which party has had issues with that again? Was she drunk when she read it? Quote Link to comment Share on other sites More sharing options...
Optimist Prime Posted June 11 Share Posted June 11 19 minutes ago, Elias Pettersson said: Thanks for asking. A detached home in East Vancouver in August of 2015 was worth $1,293,500. A detached home in East Vancouver as of May, 2024 was worth $2,016,500. The 5-year mortgage fixed interest rate in August of 2015 was 2.38%. The 5-year mortgage fixed interest rate as of May, 2024 was 4.79%. Now do 2005 to 2015 please. I don't have the data you have been looking at or i would do it. Thanks in advance. EDIT: from a simple google search of the question: Quote about $550 thousand Prices for detached homes in Greater Vancouver went from about $550 thousand in 2005 to $1.25 million in 2015—an increase of more than 125 percent. So 125 % increase under the CONS federally and then a 65% increase under Trudeau :BUT ITS ALL TRUDEAU's FAULT, i am laughing my ass off over here. Again you can't make this stuff up. You are literally mad as hell and not gonna take it anymore...at what Harper did. a decade later. 1 1 1 1 Quote Link to comment Share on other sites More sharing options...
the destroyer of worlds Posted June 11 Share Posted June 11 3 minutes ago, Elias Pettersson said: Wealth redistribution to fix Trudeau's bad spending habits would only occur in a socialist or communist country... You realize that prior to the 80's, when voodoo economics took over CONservative brains, that the elites and corporations paid more in taxes right? America went to the moon and fought a war during that time. 1 1 Quote Link to comment Share on other sites More sharing options...
Bob Long Posted June 11 Share Posted June 11 1 hour ago, Ricky Ravioli said: I obviously can't speak for everyone but for me, it's not about blaming Trudeau. It's about wanting new ideas, new approaches and new views on how to solve the problem. Its clear at this point the current government doesn't have the ability or will to work on the issues. Time to try a different approach but then you're not looking: https://www.infrastructure.gc.ca/housing-logement/housing-plan-report-rapport-plan-logement-eng.html# There's a lot thats going on, but yes we also need far more. Just show me the 'different approach'. I've looked at what Skippy has said, everything that made any sense is already being implemented. The things that don't, like accusing cities of being "gatekeepers" is just political theatre. If we really want to move extremely fast, the only option imo is adopting a manufactured housing industry like Sweden has done, and putting those buildings on leasehold land. https://architizer.com/blog/inspiration/industry/swedish-modular-housing/ Quote Link to comment Share on other sites More sharing options...
Satchmo Posted June 11 Share Posted June 11 37 minutes ago, Bure_Pavel said: It was not supposed to be hateful, I'm just not sure who else you can really blame. A profit margin increase from 11.3% in 2020q1 to 19.2% in 2021q2 is a massive increase during a time of great hardship for the public. Those programs were short sighted and not well thought out in my opinion, not really fair to the average joe who is left with the bill while the rich pocketed all the cash. Action was definitely needed due to covid, but $350 billion is a lot of money to throw around willy nilly and could have helped a lot of people who are struggling out there. Ok, if the liberals threw money around - and perhaps they did - how does that impact the price of homes? Are you saying they should not have spent any of that cash on anything but home subsidies? And yes, corporate fat cats with with big bonuses drove up prices, which drove up other prices, which drove up... This was a factor in house prices to be sure but only indirectly. BTW - I've always found realtors and realtor commissions to be a big factor in housing prices. The higher it sells for, the more they make. 1 Quote Link to comment Share on other sites More sharing options...
Bure_Pavel Posted June 11 Share Posted June 11 1 minute ago, Satchmo said: Ok, if the liberals threw money around - and perhaps they did - how does that impact the price of homes? Are you saying they should not have spent any of that cash on anything but home subsidies? And yes, corporate fat cats with with big bonuses drove up prices, which drove up other prices, which drove up... This was a factor in house prices to be sure but only indirectly. BTW - I've always found realtors and realtor commissions to be a big factor in housing prices. The higher it sells for, the more they make. They got the money from printing large amounts of it, while also dropping interest rates to practically zero creating a huge boom in the housing market. The after math of printing all that money is high inflation rates. The asset to best protect against inflation is housing, everyone now trying to protect against inflation and there is now serious FOMO as everyone with a house is making bank, while everyone not in the housing market is left in the dust. There needs to be a correction in the housing market but the government is now saying they want to make housing more affordable without lowering the prices of homes to protect people's retirement but that makes no sense. Quote Link to comment Share on other sites More sharing options...
Optimist Prime Posted June 11 Share Posted June 11 "The Lie said to the Truth- "Let's take a bath together, the well water is very nice. The Truth, still suspicious, tested the water and found out it really was nice. So they got naked and bathed. But suddenly, the Lie leapt out of the water and fled, wearing the clothes of the Truth. The Truth, furious, climbed out of the well to get her clothes back. But the World, upon seeing the naked Truth, looked away, with anger and contempt. Poor Truth returned to the well and disappeared forever, hiding her shame. Since then, the Lie runs around the world, dressed as the Truth, and society is very happy. Because the world has no desire to know the naked Truth." Pierre Poilievre can't wait to get those stolen PM's clothes on. 1 Quote Link to comment Share on other sites More sharing options...
Optimist Prime Posted June 11 Share Posted June 11 9 minutes ago, Bure_Pavel said: They got the money from printing large amounts of it, while also dropping interest rates to practically zero creating a huge boom in the housing market. The after math of printing all that money is high inflation rates. The asset to best protect against inflation is housing, everyone now trying to protect against inflation and there is now serious FOMO as everyone with a house is making bank, while everyone not in the housing market is left in the dust. There needs to be a correction in the housing market but the government is now saying they want to make housing more affordable without lowering the prices of homes to protect people's retirement but that makes no sense. If you read back a bit you will see that housing prices in Vancouver went up 125% in the Harper decade and only 65% in the Trudeau decade. Care to speak to how that plays into your narrative? Quote Link to comment Share on other sites More sharing options...
Optimist Prime Posted June 11 Share Posted June 11 1 Quote Link to comment Share on other sites More sharing options...
Satchmo Posted June 11 Share Posted June 11 5 minutes ago, Bure_Pavel said: They got the money from printing large amounts of it, while also dropping interest rates to practically zero creating a huge boom in the housing market. The after math of printing all that money is high inflation rates. The asset to best protect against inflation is housing, everyone now trying to protect against inflation and there is now serious FOMO as everyone with a house is making bank, while everyone not in the housing market is left in the dust. There needs to be a correction in the housing market but the government is now saying they want to make housing more affordable without lowering the prices of homes to protect people's retirement but that makes no sense. How did the average consumer feel about those interest rates at the time? Home owner or not, just somebody with a credit card or three? Rates have just come down to combat inflation. Dammed if you do, dammed if you don't I guess. If you are retired or near to it, as so many are in our aging economy, the last sentence makes perfect sense. I spent decades paying off my house. It is a huge part of my retirement plan. Now, I don't mind selling my home for a number far lower than it is currently assessed as long as my next home is also priced far lower than it is currently assessed. I think this government can be blamed for ignoring the housing crises for too long. That is a feature of many governments, both liberal and conservative. Many governments are more reactionary than prescient and are slow to act on problems until they become too big to ignore. Quote Link to comment Share on other sites More sharing options...
Warhippy Posted June 11 Share Posted June 11 46 minutes ago, Optimist Prime said: Now do 2005 to 2015 please. I don't have the data you have been looking at or i would do it. Thanks in advance. EDIT: from a simple google search of the question: So 125 % increase under the CONS federally and then a 65% increase under Trudeau :BUT ITS ALL TRUDEAU's FAULT, i am laughing my ass off over here. Again you can't make this stuff up. You are literally mad as hell and not gonna take it anymore...at what Harper did. a decade later. Damn you Damn yous all to heck for pointing out the truth!! Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted June 11 Share Posted June 11 48 minutes ago, Elias Pettersson said: Was she drunk when she read it? You should not make fun of anyone's possible addictions. Not a good look for you my friend Quote Link to comment Share on other sites More sharing options...
The Arrogant Worms Posted June 11 Share Posted June 11 Quote Link to comment Share on other sites More sharing options...
Warhippy Posted June 11 Share Posted June 11 51 minutes ago, Elias Pettersson said: Was she drunk when she read it? Guessing your only recourse is to rip on someone with cognitive issues as opposed to addressing how a standing party leader read the report and doesn't find it concerning outside of party leadership races and mp nominations Quote Link to comment Share on other sites More sharing options...
Bure_Pavel Posted June 11 Share Posted June 11 (edited) 34 minutes ago, Satchmo said: How did the average consumer feel about those interest rates at the time? Home owner or not, just somebody with a credit card or three? Rates have just come down to combat inflation. Dammed if you do, dammed if you don't I guess. If you are retired or near to it, as so many are in our aging economy, the last sentence makes perfect sense. I spent decades paying off my house. It is a huge part of my retirement plan. Now, I don't mind selling my home for a number far lower than it is currently assessed as long as my next home is also priced far lower than it is currently assessed. I think this government can be blamed for ignoring the housing crises for too long. That is a feature of many governments, both liberal and conservative. Many governments are more reactionary than prescient and are slow to act on problems until they become too big to ignore. That's the thing people actually were able to pay off their house, most people close to retirement who were in the housing market can comfortably retire no problem now, as most will downsize anyways. Edited June 11 by Bure_Pavel 1 Quote Link to comment Share on other sites More sharing options...
Sharpshooter Posted June 11 Author Share Posted June 11 10 minutes ago, Bure_Pavel said: That's the thing people actually were able to pay off their house, most people close to retirement who were in the housing market can comfortable retire no problem now as most will downsize anyways. Do you read or just post knee jerk? 1 Quote Link to comment Share on other sites More sharing options...
bishopshodan Posted June 11 Share Posted June 11 Can someone contact Lorrie and find out the truth about all this stuff May said? Also, can anyone tell me what reasons PP has for not wanting security clearance? I swear, sometimes I think this guy is trying to snatch defeat from the jaws of victory. 1 Quote Link to comment Share on other sites More sharing options...
Warhippy Posted June 11 Share Posted June 11 May described the contents of the report as "not as bad as a John le Carré novel but a bit more worrying than Miss Marple." "So I am very glad I read the full report. I am very comfortable sitting with my colleagues," said the veteran parliamentarian. The redacted NSICOP report described what it called "particularly concerning" behaviour by some parliamentarians. For example, the report said some elected officials "began wittingly assisting foreign state actors soon after their election." The report said unnamed members of Parliament worked to influence their colleagues on India's behalf and proactively provided confidential information to Indian officials. May said that case study involved people not currently serving in Parliament. "You couldn't find a single name of a single member of Parliament currently serving who had significance intelligence, or any intelligence or any suggestion in the unredacted report that they had put the interest of a foreign government ahead of Canada's," she later told CBC"s Power & Politics. May, who told reporters that she had to tread carefully to avoid disclosing classified information, said the report lists the names of less than a handful of MPs who may have been compromised by foreign governments. "They have been beneficiaries of foreign governments interfering in nomination contests," she said. "Saying that I'm relieved does not mean that there is nothing to see here folks. There are clearly threats to Canadian democracy from foreign governments." She also said she did not read any specific reference to the Senate in the report. NDP Leader Jagmeet Singh, who also has a top security clearance, is expected to read the report Wednesday. Bloc Québécois Leader Yves-François Blanchet said Tuesday he's inquired about getting cleared to view the report. Conservative Leader Pierre Poilievre has not sought clearance to review classified intelligence. He has argued that doing so would prevent him from commenting publicly. "Elizabeth May took on her responsibilities as party leader, got her security clearance and did the work," said Prime Minister Justin Trudeau on Tuesday. "Mr. Poilievre should do that too. He is choosing ignorance so he can play partisan politics." 1 1 Quote Link to comment Share on other sites More sharing options...
Gurn Posted June 11 Share Posted June 11 (edited) Lady had a stroke- but let's make fun of her speech issues; that's sure to win some votes. 2 sentences removed. apparently the poster didn't know, of May's illness. That said I'd surmise the person that tweets as Justin's Ego, on twatter, did. Edited June 12 by Gurn 3 1 Quote Link to comment Share on other sites More sharing options...
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