• 50 Posts
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Joined 1 year ago
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Cake day: June 11th, 2023

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  • It’s harder than that.

    As long as our population is growing, we need to ensure the appropriate amount of new affordable housing is built. Government stopped doing that in the 1990s, so we have 30 years of backlog to catch up on.

    Current infill housing can be more expensive than the housing it replaces, pushing it beyond the means of many Canadians. Density isn’t enough.

    Tax write-offs created in the 1970s make real estate investments more attractive than actual investments in actual companies that create actual jobs. That encourages people to treat homes as an investment, which pushes more money into the real estate market. Coincidentally, Canadian productivity has been dropping relative to our peer countries for decades. 🤷

    Government has outsourced housing to the private sector, so we’re now beholden to private investors to choose to build housing. Interest rates are higher now, so private investors will slow down the building of new housing.





  • I dislike this kind of story. It feels like gotcha journalism.

    Oliphant will probably receive some kind of rebuke because he didn’t tow the party line. That will encourage politicians to keep quiet and stick to talking points, for fear that they’ll be outed for having an opinion. Even when talking in private.

    That polarizes politics further, and gives party leaders even more power, because they get to decide on the messaging and the punishment for detractors.

    There may be public value in showing that there are internal divisions within the Liberal party, but we knew that already.

    Having said that, recorded conversations and airing internal grievances is appropriate in situations where there is wrongdoing, or it shows something we don’t already know.