It was a heated day in Canada’s House of Commons when elected Speaker Greg Fergus ejected Conservative Leader Pierre Poilievre from the chamber on April 30. Fergus removed Poilievre after he repeatedly refused to withdraw his remark that Prime Minister Justin Trudeau was pushing “wacko” drug policies....
Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a...
I think what’s being said is: if housing prices lower, you are going to ruin some people’s retirement plan – at least some of those people will have worked hard their entire life to purchase and pay off that house. There’s been some incentive to save in this way as well (first time home buyer plan, tax deductions for more ecologically sound houses, that kind of thing).
I suspect he’s probably right, that letting house prices drop would over all make things worse in Canada. My goto solution would be to subsidize housing by increasing taxes on corporations and people/corporations that own more than one house. but i’m not any kind of expert
Sometimes home owners will sell their house after retirement for something smaller, live off the difference, then sell that house and use the money from that for long term care, or inheritance.
There’s also the obvious: they worked for something, possibly quite hard, why do they have to pay the price for others? Presumably they’ve been paying taxes all along, and have already been contributing to the greater good.
I guess my feeling is, it’s not so simple to just wreck housing prices. I absolutely feel like corporations, and probably some ultra wealthy don’t work that hard and get most of the rewards (or aren’t even people), like if the money has to come from somewhere there is a clear set of people who could afford to lose some wealth, and not materially effect their life; and that’s not necessarily single dwelling home owners.
In most cases yes. However in the cases of fines poor people are more penalized than wealthy, so there should be some proportional consideration there.
I’ve heard 4% rule, but for myself I use an investment firm that does monte carlo projections, with ages, spending rates, and current assets to give you a rough idea of likelihood of assets lasting till death.
I haven’t read the article…yet (after a skim I agree with the article). I really don’t know how to feel about the gay/trans issue as I’m fine with my kids being gay or trans, but I don’t want anyone dictating to me what religion or philosophy I raise my kids with, so I feel like I shouldn’t get to say what the nut jobs believe it what they tell their children (to a point)… This is tough
You aren’t a parent are you? Cause children will actually hurt themselves badly, and really do need active care at an early age.
For older children setting boundaries for your children so they aren’t assholes is “determining best interests”.
I don’t want people telling me what religion or philosophy to raise my kids in, I kind of think of this as parents rights. Of course as kids get to be adults those go away.
Fact Checked: Four Claims on Drug Deaths (thetyee.ca)
It was a heated day in Canada’s House of Commons when elected Speaker Greg Fergus ejected Conservative Leader Pierre Poilievre from the chamber on April 30. Fergus removed Poilievre after he repeatedly refused to withdraw his remark that Prime Minister Justin Trudeau was pushing “wacko” drug policies....
Shannon Phillips targeted climate and parks action. Then she got targeted. The NDPer is now leaving office (www.cbc.ca)
Canadian Home Prices "Need" To Be High To Pay For Retirements: PM - Better Dwelling (betterdwelling.com)
Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a...
No jail time for Hamilton police officer who sexually assaulted woman he was mentoring, judge rules (www.cbc.ca)
A former Hamilton police officer will not go to jail for sexually assaulting the woman he was mentoring as she pursued her own career in policing....
Canadians expect they need $1.7M to retire, BMO survey finds, but it's even more for millennials (ca.finance.yahoo.com)
Boom in southern Quebec mining claims, including under people's homes, causes anxiety (www.winnipegfreepress.com)
Non-Paywall Article
Many immigrants leaving Canada within years of arriving: StatCan (www.ctvnews.ca)
There's no such thing as 'parents' rights' (rabble.ca)