you know federal often wants to intervene in many other provincial jurisdiction during electoral campaign, doesnt mean its their responsabilities and many disputes arises between provincial pm and canada pm because of it.

i know and my point is, was the 2015-16 a housing problem like we have today ?
obv not.
and yet he still double the budget in affordable housing just in 2016 and u come here and say trudeau didnt do nothing for affordable housing since 2015 ?
wtf man.

listen polievre is a fackin lying and hypocritical politician.
just trying to spin words contrary to facts, like trump.
HIs got no substance at all.

Today housing is a bigger crisis due to inflation and interest rates but housing wasnt cheap in 2015 either . Every year its become more and more expensive. What has Trudeau done about it? Nothing
What can Pierre do about it nothing

and whose fault is that if houses were not cheap in 2015 ?
harper, trudeau of provincial PM ?
houses problems do not appear magically out of thin air in 1 month.

And again u can believe what u want but for me, when someone double any kind of budget, he do actually something to try to help, shrug.

btw i have no idea why u complain much about housing prior to 2021.
it was not a huge problem, houses always been expensives for the majority of people anyway.
if not anyone would of had houses...

And please do not complain about high interest rates making it harder to buy a home.
high interest rates is what makes housing prices go down....
The problem is not high interest rates, its almost near 0 interest rates for more then 10-15 years prior.

Nobodies but the market Im blaming no one

Yes maybe we should raise interest rates to 21% like in the 80's to make homes more affordable . The way Justin spends we may get there

Its Funny we really agree that the PM cant make housing affordable

Sure, I can requote the full thing again since your video selectively edited it out.

Read that bolded bit about ten times in a row. It is annoying that conservative media keeps lying this way by clearly selectively quoting and not putting the full quote up. And it is annoying that you lap it up each time. And Trudeau HAS done a lot of various policies and billions in federal dollars like the Housing Accelerator Fund. One can argue if he could or should do more, but it both isn't nothing and he isn't saying it is nothing.

So stop lying.

Im not promising to build 1.4 million houses

I never promised in 2015 to make housing more affordable and never did

I never promised in 2021 to make housing more affordable and never did

I never promised to deliver clean drinking water in 4 years and still has not done it

I never promised to plant a billion trees and has no chance of doing it

Heck why not promise to build a billion houses

Im just calling out the PM's lies while also acknowledging Pierre cant deliver on this as well.

And how dare Pierre use Justins own words to show he has done nothing

I think we should all be responsible for our own lies. So when you selectively quote his comments - and show media doing the same - without making very clear the full context that is on you. It might be that you and him are both deceitful, but you are the only one who can fix yourself.

As for you LOZENLIST, well, Trudeau's government has actually done a lot on every one of those files. A lot of these policy debates don't get neatly cast into your idea of "lies", like a policy they campaigned on in their platform actually happens and the money is actually spent and it actually makes a difference, but this is all relative because of larger scale affordability issues. I'm not quite sure you understand how campaign platform works. Normally what happens is they come up with a list of policy proposals (you can read the 1.4 million one here: https://liberal.ca/our-platform/buil...dable-housing/) and then get some economists to do a an economic analysis (usually a bit rosier than reality) about the net economic impacts of that suite of policies and then they go on and in government do a lot of them and hit stumbling blocks on others. It isn't a clear cut "lie" the way you try to present it as. Maybe they should have tried a different suite of policy proposals, but the fact that housing is more expensive today doesn't make that platform a "lie".

Speaking of trees, look at this well timed anouncement: program is EXCEEDING its goals: https://www.newswire.ca/news-release...841939282.html.

It's a good example of the issue because the government IS doing a lot and a lot on a worthy goal. Should they go faster? Will they actually achieve their lofty goal? Maybe, maybe not. But this is good stuff, you should be proud, and some sort of low level "HAHA THEY LIED" is just silly.

Raising interest rates doesn't make housing more affordable. Prices may be going down but payments are much higher than they've ever been. Housing is the last thing that people will sacrifice and it's the rest of the economy that will suffer first.

Still got the most votes as a sitting President ever and most total votes for 2 elections, again if he was the least popular President ever why wouldn't Democrats do everything they could to have him run again? If you have an issue with the term most popular, then why do you think he gained over 12 million votes the 2nd election?

A quote from last election.

I would rather have a 100k house debt instead of a 500k house debt and it’s easier to qualify for a cash down payment at 100k .
It favourable when u earn extra cash on the side and can put a down payment directly on a much lower house debt .
it’s fun when u actually can make money just by holding cash in a bank account too.

If u have no money , high inflation or high interest rates won’t make a difference regardless .

My goodness buddy, stop embarrassing yourself. See how you just said "least popular president ever"? But what did you just say? Oh, that's right:
Ouch. That must have hurt. Sorry dude your bizarre metric of losing the popular vote and losing the election as an incumbent president despite record turnout doesn't get you anything. Try again.

That sounds like pretty ****ing standard stock election rhetoric.

It’s called an increase in voting participation , not an increase in popularity for trump .
Biden had the most votes in history not because people think his great but just to make sure trump isn’t elected again …..
Actually trump did worst vs biden then Romney did vs obama in % allocating votes .

Affordable housing cannot be built to scale in meaningful numbers in Canada in the current environment. The construction costs and materials costs are way too high.

There is zero incentive to build affordable homes / apartments if you can spend just a little bit more on finishing and get higher end prices and rentals.

The only way to produce affordable homes at scale is to subsidize developers to do so. That's the only way. Trudeau can easily say:

- All affordable housing projects will not have to pay the GST costs.
- All affordable housing projects will have interest rates subsidized at lower rates at CMHC

Local municipality governments can say:

- All affordable housing projects will have their permit costs waived + municipal taxes waived for first 10-15 years.

I bet you we would have more affordable housing. But governments are too stupid to figure this out.



I am in middle of converting a 9000 sq ft commercial building into residential apartments and the base labor and materials costs are so high it only makes sense to rent it out at the high end which is what we will do.

My partners and I are also buying a 8500 square foot semi commercial building. We have to use high priced union labor if it was high end rentals or affordable housing. Over 50% of base material costs whether its high end rentals or affordable housing are the same. What is the incentive for the private sector to ever build affordable housing? Nada, nothing.

This is what Trudeau did for rental affordability:

Every single apartment that is under $2000 that I put up for rent for the last 12 months has 50-100 messages within the first 3 days. I get 15-20 visits in a 2 hour block and half a dozen applications. I am renting each new apartment for at least 15% more than the price I was able to get in 2019-2021.

And now Trudeau is doubling down on his mass immigration strategy for rest of 2023 / 2024 and 2025.

I would not be surprised if by the end of 2025 my rents go up by 30% compared to today.

Thanks Trudeau.

Yeah I think since at least from last year , that massive immigration policy he has is totally not appropriate at this time .

Can I ask what city you are doing the developments

As a Infill Builder I faced many hurdles as well with costs. I broke even on my last two projects .

My own personal home I tried selling before moving to BC to build and it was a struggle. I ended up renting the house out on a 18 month lease and I also had a 1 bedroom suite over the garage that I rented out as well on a 18 month lease. When these leases are up I could easily add 10 % as I am getting $2500 and a $1000 but I knew the tenants

I had to hire 25 workers this year for a decent size project. I'd estimate we contacted 200-250 people to fill that. That's at $135k/year for a Red Seal and paid flights from anywhere in the country. The skilled trades market for at least the next 3-5 years is going to be tight.

Montreal.

I don't know how its possible to make money as a builder right now. You have to sell a house to someone that has to qualify on a 7%+ stress test and get a 5.5% mortgage.

Meanwhile eating high construction costs.

This is a good example of the kind of broader market forces going on that are fairly separate from anything Trudeau is or is not doing. I guess his high levels of immigration (which you support?) helps the tight labour markets, but these types of things just drive up costs.

It's tight right now and will be tight in 2024.

But I don't think we will see many cranes in the sky in Canada by 2025/2026. Every large condo builder / apartment complex builder here in Montreal are all finishing up their projects and parking their lands.

With the land prices the bought at in 2020/2021, they can't make it work at 5% bank rates. They won't be able to refinance their capital out at the end.

Not for trades in construction in Canada.