PM Mark Carney's Canada

[urbanclient]

[The bulk of wealth accumulation going to the wealthy] was the same under Harper as it was subsequent governments.

Agreed....

The only people accumulating wealth are the wealthy.

So the 67% of households owning their home are wealthy? Or are you disputing the fact that homeowners are more likely to accumulate wealth?

"In 2021, there were 5.0 million renter households, or a rental rate of 33.1%."

National Housing Day: A look at homeowners and renters - Statistics Canada

A home is more than simply a roof over your head; it can also be a source of security, dignity and identity. Canada’s residential housing accounts for over one-fifth of our national wealth.

www.statcan.gc.ca

 

[picard102]

So the 67% of households owning their home are wealthy? Or are you disputing the fact that homeowners are more likely to accumulate wealth?

How many homes did Harper build?

 

[Admiral Beez]

The greatest social damage is to prevent people from accumulating any wealth, as wide swaths of the population are priced out of home ownership.

Purchasing a place to live should be about obtaining a home, not about building wealth. The assumption that home ownership is a get rich investment vehicle has put many into a pickle. In my own case, buying a home was never about building wealth, but about financial security and freedom. Now, some might say that’s the very definition of wealth, but I’m not increasing anything, as I’ll never sell this place. My estate will benefit later.

 

[Westey]

The only people accumulating wealth are the wealthy. This was the same under Harper as it was subsequent governments.

Although I recall this chart from Ottawa citizen that shows the wealthy did the best under Chretien/Martin, whereas Harper improved the lot of everyone equally.

 

[Westey]

How many homes did Harper build?

He ensured that the number of homes needed due to immigration match the number built by the private sector.

 

[picard102]

Although I recall this chart from Ottawa citizen that shows the wealthy did the best under Chretien/Martin, whereas Harper improved the lot of everyone equally.
View attachment 730539

Looks like Harper flatlined for most.

 

[Admiral Beez]

He ensured that the number of homes needed due to immigration match the number built by the private sector.

I suggest you have that backwards, in that Harper had no control over the number of homes, but he did control the immigration tap.

 

[zang]

That was partly due to a high profile honour killing and other gender-related crimes. Paradox of tolerance...

“Honour killing” is a BS term used to demonize immigrants.

Plenty of misogynist killings of women happen at the hands of non-immigrants and caucasians. We only seem to want to attach the moniker of “honour killing” if it can be tied to cultural values.

Is the killing of a woman at the hands of a jealous/angry/mentally ill man different in some way because of the culture they come from? Hell no. So why did Harper specifically try and make it such?

 

[lenaitch]

“Honour killing” is a BS term used to demonize immigrants.

Plenty of misogynist killings of women happen at the hands of non-immigrants and caucasians. We only seem to want to attach the moniker of “honour killing” if it can be tied to cultural values.

Is the killing of a woman at the hands of a jealous/angry/mentally ill man different in some way because of the culture they come from? Hell no. So why did Harper specifically try and make it such?

Except that it has come out in evidence in a number of cases, certainly not anywhere close to a majority, that the crime was committed by or on the behest of a family member because the victim brought shame on the family or otherwise was believed to have violated some cultural norm. It's not a captured statistic because the motive for a crime is not a fact-in-issue in Canadian law (with very few exception).

 

[lenaitch]

Purchasing a place to live should be about obtaining a home, not about building wealth. The assumption that home ownership is a get rich investment vehicle has put many into a pickle. In my own case, buying a home was never about building wealth, but about financial security and freedom. Now, some might say that’s the very definition of wealth, but I’m not increasing anything, as I’ll never sell this place. My estate will benefit later.

This. Other than people who were formal landlords, people generally didn't by housing as an investment until prices started their steady climb. Typically, the progression was usually rent, then starter home, then larger home to accommodate a growing family, then maybe downsizing as the family left and you got into retirement.

 

[Admiral Beez]

Typically, the progression was usually rent, then starter home, then larger home to accommodate a growing family, then maybe downsizing as the family left and you got into retirement.

And now there's nothing to downsize to. I live in a 4-story, 5-bedroom, 3-bath semi. If as my adult children now launch and I'm over 55, I wanted to downside to anything other than a condo, there's really nothing in the city. All of the 2-bedroom, 1-bath bungalows have been bought up by flippers who knock them down and build those lot-maximizing cubist monstrosities. So, I'll stay here even as the house is underutilized.

 

[lenaitch]

And now there's nothing to downsize to. I live in a 4-story, 5-bedroom, 3-bath semi. If as my adult children now launch and I'm over 55, I wanted to downside to anything other than a condo, there's really nothing in the city. All of the 2-bedroom, 1-bath bungalows have been bought up by flippers who knock them down and build those lot-maximizing cubist monstrosities. So, I'll stay here even as the house is underutilized.

They're probably out there but in suburbia and not cheap. I looked for the neighbourhood where I grew up in Willowdale but nothing was active. One on the street where my dad moved to in the '70s was about $1Mn. I was surprised when I looked on Realtor how many have been torn down and replaced lot-filling homes.

 

[Monarch Butterfly]

They're probably out there but in suburbia and not cheap. I looked for the neighbourhood where I grew up in Willowdale but nothing was active. One on the street where my dad moved to in the '70s was about $1Mn. I was surprised when I looked on Realtor how many have been torn down and replaced lot-filling homes.

Instead of moving out, people tend to stay and renovate because of the neighbourhood. Don't want to move out of town for a longer commute. Some of the 1950 and 1960 "suburban" homes have such big lots, that they can add an addition in back or build over the attached garage.

Or they replace the original monster furnace with a modern high-efficiency model, and discover they have much more room now in the basement for a bedroom or two.

 

[picard102]

certainly not anywhere close to a majority,

Certainly not anywhere close to a level that would necessitate government hotlines or policy outside of normal criminal law. 12-15 over 25 years.

 

[afransen]

Ah, another of those degenerated-into-bickering discussions. However, remember that re the PP alternative being framed as "dystopian": in the context of the election, it was really less about him than about the reflected glory of Trump, and PP being fatally framed as more of a likely mirror/lapdog/patsy for Trump's 51st-state rhetoric. Indeed, if it weren't for Trump awakening those misgivings, Canadians were perfectly prepared to give PP a firm mandate, even if it required holding one's nose while doing so.

Likewise, I agree to an extent about "life going on" under Harper. But where *he* choked up was when he and his boys in short pants got a little too cocky and started entertaining Arc-de-Drumpfian schemes like the Mother Canada statue, next to which Justin's "sunny ways" looked like a breath of fresh air...

The problem is that PP is beholden to the significant percentage of the CPC vote and even more significant percentage of the party faithful and donors that are Maple MAGA. PP would have a hard time standing up to Trump when 30-50% of the people he needs to beg for money from think Trump is the best thing to happen to the US. And yes, these people walk among us.