Buying a house may remain out of reach for many Canadians for the foreseeable future, with mortgage costs unlikely to fall enough to offset lofty home prices and weak spending power, economists and real estate agents say.
Even with expectations that the Bank of Canada will keep cutting interest rates in the coming months, the issue of home affordability — which has strangled Prime Minister Justin Trudeau’s poll numbers — is unlikely to fade before the next election.
The mandate for the Liberal minority government ends at the end of October 2025, but an election could come well before then, with the Conservative opposition spoiling to end Trudeau’s nine-year run at the top.
No Prime Minister in Canada’s history even approaches the harm done by Trudeau.
Housing affordability, the destruction of Canadian society from the LPC’S evil mass immigration scam, the criminalization of citizens, the unmitigated anti-white racism of its woke policies, Soviet style 5 Year Plan economy ruining green scams and of course the lies, the constant stream of lies about any matter large or small.
