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"(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

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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.

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"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.

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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:

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🚨 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? 🤔

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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?

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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.

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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.

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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.

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"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

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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…

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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

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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

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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 görüntüleme • 1 ay önce

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.

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100,907 görüntüleme • 1 ay önce