Loading video...

Video Failed to Load

There was a problem loading this video. This could be due to a temporary network issue or the video might be unavailable.

"(The developers) are asking for handouts... I think it is ludicrous, quite frankly" That was BC NDP Housing Minister Christine Boyle in 2021 as a Vancouver City Councillor Fast forward to today and she’s championing a $1.45B bailout for developers who can't sell their condos

Cosmin Dzsurdzsa

43,411 subscribers

28,091 views • 1 month ago •via X (Twitter)

News & Politics Finance

Anya Rossi• Live Now

Private livecam show

0 Comments

No comments available

Comments from the original post will appear here

Related Videos

NDP Housing minister Christine Boyle says this isn’t a bailout. Tell that to the BC taxpayers footing the bill for NDP incompetence. The Housing Minister can’t answer basic questions on her own plan. Time for real solutions, not more excuses.

NDP Housing minister Christine Boyle says this isn’t a bailout. Tell that to the BC taxpayers footing the bill for NDP incompetence. The Housing Minister can’t answer basic questions on her own plan. Time for real solutions, not more excuses.

Kerry-Lynne Findlay

17,840 views • 1 month ago

"Mark Carney seems to have a bailout for anyone in the Liberal club of power brokers, corporate insiders, and lobbyists," Poilievre said. The latest example is his $3.2B bailout for developers in Vancouver that will turn 2,200 empty condos into affordable homes.

"Mark Carney seems to have a bailout for anyone in the Liberal club of power brokers, corporate insiders, and lobbyists," Poilievre said. The latest example is his $3.2B bailout for developers in Vancouver that will turn 2,200 empty condos into affordable homes.

Juno News

38,757 views • 1 month ago

The NDP wants to sell BC's natural gas to the world. And ban it in your home. The Minister of Housing sent a letter pressuring Vancouver City Council to ban natural gas. The Minister of Energy knew about it. But nobody thought that was a problem. They're championing LNG exports on the world stage while stripping energy choice from BC homeowners. #bcpoli

The NDP wants to sell BC's natural gas to the world. And ban it in your home. The Minister of Housing sent a letter pressuring Vancouver City Council to ban natural gas. The Minister of Energy knew about it. But nobody thought that was a problem. They're championing LNG exports on the world stage while stripping energy choice from BC homeowners. #bcpoli

Trevor Halford

12,243 views • 2 months ago

After The Fucktastrophe Of The BC Condo Bailout The Likelihood Of Another Policy Change To Help Condo Developers Seems Guaranteed I think that Predictions are a Crap Business but here's one that is looking like a dead certainty Even though it only helps Developers Here it is:

After The Fucktastrophe Of The BC Condo Bailout The Likelihood Of Another Policy Change To Help Condo Developers Seems Guaranteed I think that Predictions are a Crap Business but here's one that is looking like a dead certainty Even though it only helps Developers Here it is:

Ron Butler

62,830 views • 1 month ago

🚨 Mark Carney says Metro Vancouver has 2,500 completed condos sitting empty. Developers don't want to sell at a loss. So Ottawa and BC are stepping in with billions in infrastructure money, cutting development charges by up to 50%, and using financing tools to convert vacant condos into affordable housing. Later, when asked if governments could buy unsold units from developers, Carney replied: "You can do both." Taxpayers becoming the backstop for the condo market? 🤔

🚨 Mark Carney says Metro Vancouver has 2,500 completed condos sitting empty. Developers don't want to sell at a loss. So Ottawa and BC are stepping in with billions in infrastructure money, cutting development charges by up to 50%, and using financing tools to convert vacant condos into affordable housing. Later, when asked if governments could buy unsold units from developers, Carney replied: "You can do both." Taxpayers becoming the backstop for the condo market? 🤔

Shazi

993,780 views • 1 month ago

CBC REPORTER: "A third of the condos you're targeting for 'affordable housing' opportunities cost more than a million dollars. Who, exactly, is this program supposed to benefit?" BC NDP HOUSING MINISTER: "These are the details we are working on." Wait. What?

CBC REPORTER: "A third of the condos you're targeting for 'affordable housing' opportunities cost more than a million dollars. Who, exactly, is this program supposed to benefit?" BC NDP HOUSING MINISTER: "These are the details we are working on." Wait. What?

Alex Zoltan

152,837 views • 1 month ago

Poilievre says Carney is moving forward with a condo bailout, arguing Canadians are being forced to "pay Carney's condo developers friends" so they avoid cutting prices. Young people are effectively competing with their own tax dollars for housing, he adds.

Poilievre says Carney is moving forward with a condo bailout, arguing Canadians are being forced to "pay Carney's condo developers friends" so they avoid cutting prices. Young people are effectively competing with their own tax dollars for housing, he adds.

Juno News

21,954 views • 1 month ago

While Mark Carney bails out condo developers in Vancouver and Brookfield seeks to profit from it all, a lesser known bailout is happening in Toronto. Sam Cooper breaks down the Toronto Model: a companion to the Vancouver Model system of Chinese money laundering that caused a similar housing crisis. Full episode premieres everywhere tomorrow, July 8th.

While Mark Carney bails out condo developers in Vancouver and Brookfield seeks to profit from it all, a lesser known bailout is happening in Toronto. Sam Cooper breaks down the Toronto Model: a companion to the Vancouver Model system of Chinese money laundering that caused a similar housing crisis. Full episode premieres everywhere tomorrow, July 8th.

Jason James

21,300 views • 1 month ago

Mark Carney had an official ethics screen blocking him from housing decisions tied to his former employer Brookfield. A Privy Council report confirms he was recused from $3.1 billion in housing support linked to a Brookfield subsidiary. Days later, he stood in Vancouver and announced a federal/provincial deal to use public money to absorb over 2,200 unsold condos and give developers $3.2 billion in breaks, because, in his words, developers "don’t want to sell at a loss" The video lays it out clearly. Official records. Clear contradiction. You decide what it means.

Mark Carney had an official ethics screen blocking him from housing decisions tied to his former employer Brookfield. A Privy Council report confirms he was recused from $3.1 billion in housing support linked to a Brookfield subsidiary. Days later, he stood in Vancouver and announced a federal/provincial deal to use public money to absorb over 2,200 unsold condos and give developers $3.2 billion in breaks, because, in his words, developers "don’t want to sell at a loss" The video lays it out clearly. Official records. Clear contradiction. You decide what it means.

Wes Jones

11,828 views • 1 month ago

BREAKING: The Liberals have moved to shut down debate on their billion-dollar bailout of billionaire Vancouver developers. Refusing to answer straightforward questions on where this idea came from, who lobbied for it and which developers, banks and foreign investors stand to benefit the most. Cover up? This is crony capitalism at its worse. Jacob Mantle Gabriel Hardy

BREAKING: The Liberals have moved to shut down debate on their billion-dollar bailout of billionaire Vancouver developers. Refusing to answer straightforward questions on where this idea came from, who lobbied for it and which developers, banks and foreign investors stand to benefit the most. Cover up? This is crony capitalism at its worse. Jacob Mantle Gabriel Hardy

Aaron Gunn

157,047 views • 1 month ago

Mark Carney spent today trying to clarify his controversial BC condo proposal, even admitting the government hadn't done a good job explaining it. According to Carney, the proposal would involve a roughly $1.45B program, with approximately 10% federal financing and 90% provincial financing, to purchase some unsold condos at a discount and convert them into affordable rent-to-own housing. Carney says the focus isn't on helping developers. He says the goal is to help families who can't afford a down payment get into a home sooner.

Mark Carney spent today trying to clarify his controversial BC condo proposal, even admitting the government hadn't done a good job explaining it. According to Carney, the proposal would involve a roughly $1.45B program, with approximately 10% federal financing and 90% provincial financing, to purchase some unsold condos at a discount and convert them into affordable rent-to-own housing. Carney says the focus isn't on helping developers. He says the goal is to help families who can't afford a down payment get into a home sooner.

Shazi

34,607 views • 1 month ago

Minister Gregor Robertson on Canada's housing crisis: "I can only do so much." "[As] mayor in a city [Vancouver] that got hit hard by the affordable housing crisis a couple of decades ago, we can't fix it at the city level." "This housing [crisis] is very complex."

Minister Gregor Robertson on Canada's housing crisis: "I can only do so much." "[As] mayor in a city [Vancouver] that got hit hard by the affordable housing crisis a couple of decades ago, we can't fix it at the city level." "This housing [crisis] is very complex."

Juno News

118,741 views • 4 months ago

"I don't think we've done, myself included, a particularly good job of rolling this out and explaining exactly what it is," says PM Carney when asked whether developers pushed for federal-B.C. plan to convert unsold condos in the province into affordable housing units. #cdnpoli

"I don't think we've done, myself included, a particularly good job of rolling this out and explaining exactly what it is," says PM Carney when asked whether developers pushed for federal-B.C. plan to convert unsold condos in the province into affordable housing units. #cdnpoli

CPAC

33,910 views • 1 month ago

Today in the Ethics Committee, Conservative MP Aaron Gunn -Aaron Gunn called out the Liberals’ $1.45 billion BC condo developer bailout for exactly what it is. He ripped into the generational inequity of taking tax dollars from young people still trying to enter the housing market and handing huge sums to developers who have already made billions. He pointed out that this creates no new housing. It simply rewards the people who built overpriced condos that normal families cannot afford. Gunn said it is bad economic policy. Unethical. Immoral. Wrong. He is correct. This is not about helping young Canadians get homes. It is about protecting the connected developers and their political friends. The Liberals shut down any real investigation before it could start. British Columbia families are paying the price while the same people who helped create the housing mess get bailed out.

Today in the Ethics Committee, Conservative MP Aaron Gunn -Aaron Gunn called out the Liberals’ $1.45 billion BC condo developer bailout for exactly what it is. He ripped into the generational inequity of taking tax dollars from young people still trying to enter the housing market and handing huge sums to developers who have already made billions. He pointed out that this creates no new housing. It simply rewards the people who built overpriced condos that normal families cannot afford. Gunn said it is bad economic policy. Unethical. Immoral. Wrong. He is correct. This is not about helping young Canadians get homes. It is about protecting the connected developers and their political friends. The Liberals shut down any real investigation before it could start. British Columbia families are paying the price while the same people who helped create the housing mess get bailed out.

Dan Knight

13,670 views • 1 month ago

Canadians are becoming the backstop to the condo market in Vancouver with over 2200 unsold condos on the market with developers refusing to sell at a loss with ~4000+ vacant condos on the market. The Canadian tax payer is about to get bent over. But, elbows up right? $3.B later and counting…

Canadians are becoming the backstop to the condo market in Vancouver with over 2200 unsold condos on the market with developers refusing to sell at a loss with ~4000+ vacant condos on the market. The Canadian tax payer is about to get bent over. But, elbows up right? $3.B later and counting…

Joel Hodlman

25,629 views • 1 month ago

Bro, as someone who was gaming in the 90's, I had no idea that Crash Bandicoot was nearly impossible to run on the PS1. The developers found a way to get around the PS1 limitations, and the way they did it was sick! This is what optimization looks like, and somehow, most modern game developers can't seem to pull it off.

Bro, as someone who was gaming in the 90's, I had no idea that Crash Bandicoot was nearly impossible to run on the PS1. The developers found a way to get around the PS1 limitations, and the way they did it was sick! This is what optimization looks like, and somehow, most modern game developers can't seem to pull it off.

MugenLord

173,911 views • 4 months ago

Mark Carney is spending your money buying 2200 condos in Vancouver. A condo bailout?! This is wrong for several reasons, but at the end of the day if you’re a young person looking to buy a house in Vancouver, Mark Carney just said loud and clear that he isn’t in it for you.

Mark Carney is spending your money buying 2200 condos in Vancouver. A condo bailout?! This is wrong for several reasons, but at the end of the day if you’re a young person looking to buy a house in Vancouver, Mark Carney just said loud and clear that he isn’t in it for you.

Andrew Scheer

52,810 views • 1 month ago

The Carney Condo Bailout Fucktastrophe! I Won't Leave This One Alone: It's Just Too WRONG To quote the Prime Minister: "Builders dont want to sell at a loss" Doesn't mean the Canadian Taxpayer needs to make sure Developers get full price for their Garbage Units at crazy prices

The Carney Condo Bailout Fucktastrophe! I Won't Leave This One Alone: It's Just Too WRONG To quote the Prime Minister: "Builders dont want to sell at a loss" Doesn't mean the Canadian Taxpayer needs to make sure Developers get full price for their Garbage Units at crazy prices

Ron Butler

168,929 views • 1 month ago

Calling out the developers bailout by Mark Carney as it is. Pierre Poilievre: "What Mark Carney and the Liberals have done is they’ve inflated a housing bubble with too much money printing and immigration driving up demand. Having created the housing bubble, and now bursting that bubble, now they want to come and bail out the bankers and developers who profited from it. This is another example of a tiny club of Liberal elites, billionaires, and insiders getting rich by making hardworking Canadians poor." 🔥

Calling out the developers bailout by Mark Carney as it is. Pierre Poilievre: "What Mark Carney and the Liberals have done is they’ve inflated a housing bubble with too much money printing and immigration driving up demand. Having created the housing bubble, and now bursting that bubble, now they want to come and bail out the bankers and developers who profited from it. This is another example of a tiny club of Liberal elites, billionaires, and insiders getting rich by making hardworking Canadians poor." 🔥

Kirk Lubimov

28,100 views • 1 month ago

Former Liberal Party president Stephen Ledrew just laid it out plain. This Vancouver condo bailout stinks. A $3 billion taxpayer handout to bail out rich developers — right after the Housing Minister (former Vancouver mayor Gregor Robertson) took $25,000-a-plate fundraisers from the same condo king now getting bailed out. Then there’s the timing: Brookfield (where Mark Carney used to be chairman) cuts a billion-dollar deal with Vancouver developers just weeks before the bailout drops. And Carney? The guy who “forgot” he had millions in American oil shares when asked about his assets. Ledrew says it walks like a duck, quacks like a duck… it’s corruption. So what do the Liberals do when Conservatives try to call witnesses and investigate? They use their stolen majority to shut the committee down for the summer. No questions. No answers. Just protect the deal. If you’re clean, prove it. But right now this whole thing reeks — and Canadians are the ones left holding the bill.

Former Liberal Party president Stephen Ledrew just laid it out plain. This Vancouver condo bailout stinks. A $3 billion taxpayer handout to bail out rich developers — right after the Housing Minister (former Vancouver mayor Gregor Robertson) took $25,000-a-plate fundraisers from the same condo king now getting bailed out. Then there’s the timing: Brookfield (where Mark Carney used to be chairman) cuts a billion-dollar deal with Vancouver developers just weeks before the bailout drops. And Carney? The guy who “forgot” he had millions in American oil shares when asked about his assets. Ledrew says it walks like a duck, quacks like a duck… it’s corruption. So what do the Liberals do when Conservatives try to call witnesses and investigate? They use their stolen majority to shut the committee down for the summer. No questions. No answers. Just protect the deal. If you’re clean, prove it. But right now this whole thing reeks — and Canadians are the ones left holding the bill.

JayGen 𝕏 er🇨🇦

100,942 views • 1 month ago