Canada’s Real Estate Economy, Fueled by Mass Immigration and Offshore Cash, Is Unsustainable, Mayor Brad West Warns

British Columbia, and much of the country, is confronting the consequences of an economic model that was never built to last. For years, we have been told a comforting story about growth — that as long as cranes dot the skyline and property values climb, prosperity will follow. But beneath that veneer lies a stark truth: our economy is not driven by value-added manufacturing, groundbreaking technology, innovation, or by unlocking our vast natural resource potential. It is built almost entirely on real estate and relentless population growth driven by mass immigration. And it relies on the building and selling of homes to the next wave of newcomers.

This is not diversification. This is dependency. And like all dependencies, it eventually demands a price.

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Pierre Poilievre among the dozens of MPs with rental property amid housing crunch … Huh?

Conservative leadership candidate Pierre Poilievre is among the dozens of MPs who own rental property even as he blasts the unfairness of Canada’s housing market for young Canadians, Global News has learned.

Poilievre, the perceived frontrunner in the party’s leadership race, has made housing unaffordability a central part of his campaign so far, and has frequently criticized what he calls the “gatekeepers” keeping homes out of reach for home-buying hopefuls.


Two condos owned by Poilievre and his wife? That’s nothing compared to others.

No idea why Poilievre was singled out for headline treatment unless God forbid our media are nothing more than paid propagandists for the LPC!

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Poll results reflect ‘emerging consensus’ over need to reduce home prices, expert says

A slim majority of Canadians believe that reducing home prices is more important than keeping them stable, but most still feel that housing affordability is unlikely to improve in the next five years, according to a new poll.

The survey, conducted for The Globe and Mail by Nanos Research, found that 52 per cent of Canadians said reducing prices was necessary, while only 35 per cent felt prices should be kept stable. Thirteen per cent of respondents were unsure.

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LAU: Toronto taxpayers should demand better of city’s homelessness services

According to a recent City of Toronto report, in October 2024, there were an estimated 15,400 people experiencing homelessness in the city — more than double the approximately 7,300 homeless in April 2021. Of the homeless population, about 80% stay in city-administered sites, 10% in provincially-administered sites, and 10% outdoors.


The Chow regime like all other leftists do not want to fix the homeless crisis.

They see it as a primary source of financing their pet projects and lining the pockets of their commie pals.

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Carney’s $26B bet on prefab housing could be a gamechanger — but will everyone play along?

Prime Minister Mark Carney’s vow to double Canadian housing construction to 500,000 units a year would seem to be an ambitious enough goal.

But Carney’s housing plan is also an industrial strategy meant to kick-start a nascent factory-built housing industry and rejuvenate Canada’s ailing forest products sector.

With his $26 billion Build Canada Homes (BCH) agency, which goes into operation this fall, Ottawa hopes to increase production of innovative housing types including prefabricated, modular, panelized and mass timber housing.

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A skeptic’s take on the housing crisis: ‘The developer is the good guy’

If housing costs too much, there must not be enough supply. That’s Ottawa’s simple take on the affordable housing crisis in Canada. And their simple solution? Impose policy, including the housing accelerator fund, to get rid of zoning prohibitions and accelerate the building of new homes within existing urban footprints.

But, asks Patrick Condon, professor of urban design at the University of British Columbia: What if the feds are wrong?

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‘Where else am I going to go?’: He’s 91 and newly evicted. Why it’s so hard to find him — and many Toronto seniors — a home

The wallet Isidoro Ventullo pulls out to try and pay for brunch at a restaurant in Little Italy is makeshift — a patch of grey duct tape stitched together like a foldable envelope. In it, he has neatly folded in his photo ID, some smaller denominations and a yellow flash card bearing a list of essential phone numbers and names.

At his stage in life, the 91-year-old is determined to hold on to what is familiar — whether it’s a tattered wallet or the neighbourhood he calls home.

It’s partly why more than a month after being evicted from his apartment in Little Italy in the midst of a heat wave, he has yet to find a permanent place to live.

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Ford government fails to hit housing target, even after adding LTC beds, student dorms

Tiny Houses for a shrunk people

Despite adding long-term care beds, retirement homes and student dormitories to its housing statistics, the Ford government fell tens of thousands of units short of its goal last year.

New data released by the province this month confirms that even with its modified definitions of new housing, Ontario achieved less than 80 per cent of its self-imposed 125,000-unit target for 2024.


Why is that idiot at Queen’s Park still wanting to import the 3rd world? Oh right his cronies love their slaves.

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Housing crisis may get worse, new forecasts show

Carney solves housing crisis.

OTTAWA — Canada’s housing crisis may get worse before it starts to show much relief, as new projections say that the number of housing starts will actually decrease this year and next.

These new estimates, from both public and private sector housing forecasts, contradict political promises from all levels of government to boost supply of homes across the country.


It’s all good Carney and his pals will continue making money off the shortages mass immigration creates.

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Carney repeats housing pledge lie despite data showing goal is out of reach

Prime Minister Mark Carney is standing by his promise to double home construction to 500,000 units a year, even as federal data shows the target is far beyond the country’s current building capacity.

Blacklock’s Reporter says Carney offered no explanation for how his government plans to overcome the well-documented obstacles.

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The Liberals are betting prefab homes will help boost supply. But who will want to live in them?

Jeffrey Dowell and Barbara Poushinsky’s home in the rural community of Rideau Ferry, Ont., about an hour outside Ottawa, has a barn-style gable roof and chipper red siding. Inside, the high ceiling, large windows and open-concept layout in the kitchen-living room give the home a modern feel, while wooden pillars throughout the space add a rustic touch.

The 1,200-square-foot house is chic and homey, and kitted out with features that will help the retired couple age in place. You’d never know much of it was built in a factory and delivered to their property on the back of a truck.

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The law protects the rights of the most vulnerable among us to live in filth and despair

The law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread.” — Anatole France, from The Red Lily.

In 2014, Vancouver Sun reporter Lori Culbert and I wrote a weeklong series of stories identifying the government social welfare programs — and their cost to taxpayers — in Vancouver’s Downtown Eastside.

The numbers were staggering …

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Piece by piece, cranes lift 84 prefabricated rentals into place in downtown Calgary

Along a busy street on the west end of downtown, another new rental building is going up — but instead of being built from scratch, prefabricated units are being craned into place, piece by piece.

Each box being stacked contains two studio apartments, already filled with appliances like fridges, stoves, washers and dryers.

Altogether, the pieces will make up 84 studio apartments across six storeys.

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Kelly McParland: How Toronto built a condo glut amid a housing shortage

In Toronto today it’s deemed entirely acceptable to build a mammoth residential/retail/commercial/hotel tower reaching 80, 90 or 100-and-more storeys into an increasingly obliterated sky, and be celebrated for your vision, ambition and architectural brashness. But just try to get permission for a modest structure able to house six families and see how far you get.

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