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This young guy gets it completely. Mark Carney is trying to ram through a **$3.2 billion taxpayer-funded bailout** for empty condos in Toronto and Vancouver. Not to build new affordable homes. Not to help young families. To bail out developers, banks, and investors who are sitting on thousands of...

60,117 görüntüleme • 19 gün önce •via X (Twitter)

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Just called out the NDP condo bailout on the Mike Smyth Show -Mike Smyth. This is what happens when government taxes and regulates an industry into crisis then rides in with a bailout. 35 to 45 percent of the cost of a new home in BC is government. Taxes, regulations, restrictions and endless delays drive up prices and make housing unaffordable. This NDP government mandated all this building while creating the very conditions that killed demand. Over 70,000 people have fled British Columbia because they cannot afford to live here, get married or raise a family. Jobs are leaving. Investment is drying up. Now with thousands of empty condos sitting unsold, Carney and Eby want taxpayers to bail out the developers at full price? Then they will have to subsidize them even more so people can actually live in them? Forestry workers, waitresses and young families who are already struggling to put food on the table never shared in the developers profits. But now they are supposed to subsidize their losses? That is absolute nonsense. This is business. Developers took the risk when times were good and made their money. If the units are too expensive, they need to lower the prices until British Columbians can afford them. Government should not be the backstop for private investment. That is not how our economy should work. It is a socialist approach that punishes working people while protecting insiders. We need to slash the taxes and cut the red tape that made this mess in the first place. Common sense over ideology. British Columbians deserve better.

John Rustad

15,184 görüntüleme • 23 gün önce