It was during the election, the Liberals convinced people Pierre was going to Kowtow to Trump and remove the counter tariffs, and they said we needed elbows up.
Removing counter tariffs kind of like this actually:
toastmeister
joined 3 months ago
Sorry how do they do that when they actively import ever greater numbers into an existing housing shortage, while stating it is to protect "small business" that ends up being Tim Horton's and Loblaws?
The UN called it modern slavery, with 30 people to a basement.
Look who controls Canada, its Blackrock and large banks. Hence why the new housing minister calls residential real estate an investment asset, whose price must stay elevated in order to generate profits for investors.
Did they tell them to go to the back of the line?
Given the state of the billions we threw at EV batteries at least this might achieve a yield at some point.
Mass immigration into a housing shortage is corporate welfare as well. Brookfield real estate does well, cheap labor depresses wages, higher corporate profits so stock valuations rise dramatically.
I have a feeling the NDP would do something to fix housing and help the created wealth inequality in the long run, I think if they won they could attract some better party members and talent, and get some voices speaking about the crazy injustices in what we are doing to the youth. I do hate the party in its current incarnation, due to the exact reason they lost party status, they were a party of lapdogs.
Oil companies are publicly traded, I dont think they make as much money as you think, and are extremely cyclical. Pipeline companies tend to do a heck of a lot better, and are sheltered from oil price volatility, and even they are valued pretty cheaply. Alberta is lucky anybody invests in oil companies at all, given Bill 69, Kinder morgan and Transmountain pipeline being blocked by indigenous consulation laws, emissions caps, a new PM that literally wrote a book about how oil has to stay in the ground.
Well if he can do better economically I think Canadian wages and productivity would rise. Look at the stock market since before the Covid stimulus, you didn't go up in 6 years, then Caroline Rogers saying its an emergency and that there is a dearth of investment.
We covered up wages and productivity with population growth and capital shallowing. Now we can't even release a budget, what does that say to investors?
Until someone throws buckets of paint at it for supporting the exploitation of indigenous.