Eight and a half years ago, in January 2015, the Liberal Party’s 36-member caucus gathered in London, Ont. ahead of a new sitting of Parliament.
There was some reason at the time to believe their leader, Justin Trudeau, would be the next prime minister of Canada. But some of the original shine had come off Trudeau by then. And it would get worse for the Liberals before it got better.
“One of the issues we’ve got going for us, ironically, is all of these attacks and criticisms are putting him through tests that the public will watch him pass,” an adviser to Trudeau said at the time. “It’s an arc. It has a story to it.”
In theory the mass immigration & housing crisis’ alone should kill off Trudeau.
But all he needs is for his committed base to show up and a good showing by the NDP to squeak through with a minority government as happened last go round.
My theory and I do have one concerns home equity. Trudeau will bleed out support with each underwater mortgage.
If he keeps the mass immigration floodgates open we’ll never see enough homes to meet demand. Home prices will at worst stabilize at or near current levels and likely increase under this scenario. That will make a lot of home owners happy that their investment is protected.
Lots of homeowners reside in urban centers like Toronto, Montreal and Ottawa. Cities filled with homeowners who also happen to be Liberal and NDP supporters. Civil servants, teachers and other such unionistas. Cities also filled with GST cut enriched developers and real estate investors. In short the Liberal left base and their corporate cronies.
Junior won’t care if he doesn’t pick up a vote west of Toronto so long as he holds on to power.
