Can't build wealth when half or more of the income goes towards rent or that 6% 1million mortgage.

Wealth disparity increasing, cost of housing increasing, GDP/capita decreasing, productivity decreasing. This is not the "The Great Reset" that I was envisioning after COVID19. I was dubious of course, but I really thought there's a chance of more progressive policies. But instead we just have the feds subsidizing electric vehicles tech.

Land ain't cheap where most of the immigrants end up going. Canada still offers a better quality of life but that will dimminish over time if housing issue is not addressed.

I've heard about this before, this is unbelivebly uncompetitive! Sounds like something the Consumer Affairs should look at.

What's more concerning is that the goverment fails to realize that expensive housing is killing the economy.

Forget about the fact a huge chunk of money is going into an unproductive asset. Young people and immigrants who can't afford housing are gonna start looking elsewhere (US for example).

Who's gonna pay taxes to sustain the older folks in their empty million dollars SFH??

Sounds like you need to write for The Beaverton.

There was plenty of money invested into wars and oil extraction. C'mon!

"Deep state"??... must we copy every aspect of American culture, even their conspiracy theories?

Always boggles my mind how these people have the time to be crazy. Don't they have jobs to go to? How do they pay for groceries and stuff?

Checking - Tangerine

Savings - Tangerine or EQbank

Credit cards - Tangerine, Brim, Amex

Investing - Questrade

I also use a credit union's services for all the same services.

I've mostly kept with free online or cheap accounts. Was with a big bank before but didn't like the fees, and generally big banks have old and clunky web interfaces.

I do feel like managing this many accounts is a pain, and sometimes I do think about a one big bank solution. But, I can't justify the fees.

There should be a tax credit if you vote. Too many people dismiss the importance of local elections.

Call it a plan, call it common sense, I don't care as long as it's actually being done. So far, there have been lots of talks about this emergency but no real action on the housing front.

It does, however it goes up in smoke sometimes as well.

I fully agree with you and it's encouraging to see things like "Alberta Is calling" campaign. But, I wish the federal goverment would be more involved in spreading the immigrants around our vast land. It feels like all they do is set targets and "job done"...

Let's be real, BoC has OCD and wants to bring to a nice round number of 5%.

The sheep must be from Boston

So what now? Does Justin asking a new rapporteur or does he cave and we get the public inquiry? Feels like he has exhausted all his options and there's nothing else left.

Meanwhile the federal government is worried about population demographics and spurring immigration in response.

A nice game of tug of war. Inflation will be with us for a while...

"But, I hate the federal interference into my affairs and so do other premiers. Can that jerk in Ottawa stop interfering?"

Fucking comical...

I want what they're smoking

From the report:

"There are currently more than 1.25 million potential homes in Ontario’s municipal development pipeline, slightly the Province’s target of building 1.5 million homes by 2031. However, the CMHC estimates an additional 1.85 million units (2022) would be needed in Ontario beyond what is already being built or in the pipeline to restore housing affordability."

Well, more like "guys, we need to increase taxes to make this work" and "we can't promise things will be like in the good old days".