Down Dawg

Facts are mine, opinions are my dog’s

[Michael Mahoney @MikeTheNavyGuy1]

Put another way, he's an experienced educator with 2 university degrees and pretty much a decade in power as PM of a G7 nation.
You're that angry man that hates Canada.
Would you hurry up and leave already?
This is getting pretty saad to watch

[Down Dawg @346hcn]

Pretty darn good…thanks for asking

[Philly @Philly_P87]

BREAKING: Canada is excluding U.S. companies from bidding on a $4.9 billion contract for at least 1,600 new Army vehicles, limiting the competition to two Canadian firms

Canadians how do you feel about this?

[Down Dawg @346hcn]

@OutlawTory Just add asshole to your bio

[Down Dawg @346hcn]

Can’t disagree ⬇️

[Down Dawg @346hcn]

@ScottTowns14204 @Tintie4 @sunlorrie Thanks for your insight Scott, now piss off.

[Down Dawg @346hcn]

Our pond has a very aggressive water lily…there’s blossoms under that leaf fest

[Down Dawg @346hcn]

Paul brings facts….kryptonite to Jamil.

[Paul Stewart II @PaulStewartII]

It’s a rent-to-own for people who can’t buy for lack of down payment. Clearly @jamiljivani, you don’t understand any of this.

A clue: The Carney-Eby housing announcement is best understood as counter-cyclical housing policy. Poilievre and others seem to be projecting what they’d do onto Carney.

Ottawa and B.C. are trying to jump start the program by not having to build every affordable unit from scratch. They are using a soft condo market to move already-built vacant units into affordable housing faster. At discount prices.

Prices are falling. The condo glut accelerating.

Metro Vancouver condos are no longer trading at 2022 conditions. In May 2026, the apartment benchmark price was $697,800, down 7.9% year-over-year.

Sales were weak, active listings were elevated, and the sales-to-active listings ratio was only 13.1% overall and 14.2% for apartments.¹

Last fall, about 2,500 new condos were reported sitting unsold and empty in Metro Vancouver. That was already roughly double the prior year.²

The glut is growing - as of May 2026, CMHC reports 5,317 completed and unabsorbed condo units in the Vancouver CMA, and 6,149 completed and unabsorbed homeowner plus condo units overall.³

CMHC’s Spring 2026 Housing Supply Report points in the same direction: condo presales have collapsed, unsold inventory has surged, and Vancouver recorded the highest unsold condominium inventory at completion among the major markets studied.⁴

Rental pressure has also eased. CMHC reported Vancouver purpose-built rental vacancy at 3.7% in 2025, the highest since 1988, with rent growth at a two-decade low.⁵

So the public policy logic is clear and consistent with federal housing strategy.

The new Canada-B.C. Partnership on Condo Conversion, through Build Canada Homes and BC Housing, aims to convert more than 2,200 vacant condo units in priority growth areas into affordable homes.⁶

Priced properly, this delivers affordable housing faster than new construction, uses public financing when sellers have less leverage, and reduces completed homes sitting empty while people need housing.

The broader Canada-B.C. package also includes nearly $1.6B in federal funding over 10 years, matched by B.C. for up to $3.2B, to reduce development charges by up to 50%, save up to $40,000 per unit, and fund housing-enabling infrastructure.⁶

This is not the whole housing solution.

But it is a smart use of market timing: buy or convert when the market is soft, not when prices are at peak.

Sources:

¹ Greater Vancouver REALTORS, May 2026 MLS Housing Market Report
https://t.co/1sbkAEnAms…

² CBC News, Oct. 1, 2025, citing CMHC completed and unabsorbed condominium inventory
https://t.co/MGWQdMhQtf…

³ CMHC Housing Market Information Portal, Inventory of Completed and Unabsorbed Units, Vancouver CMA, May 2026
https://t.co/NuNhN2fevK…

⁴ CMHC, Spring 2026 Housing Supply Report
https://t.co/gYDCENGBjv…

⁵ CMHC, 2025 Rental Market Report release
https://t.co/LautRnk7os…

⁶ Prime Minister of Canada, Canada-B.C. housing announcement, June 18, 2026
https://t.co/C0Lev77E0o…

[Phil Pothen 🇨🇦 he/him @pothen]

Whatever we're doing in Canada that makes people ike Timothy Snyder and Jason Stanley want to come here, ad makes people like Jordan Peterson & Gad Saad want to leave, is the thing that makes us great. Canada is the product of 250 years of the border sorting people this way.

[Down Dawg @346hcn]

This ⬇️

[Cynthia🤝🇨🇦🏴󠁧󠁢󠁳󠁣󠁴󠁿🌈🌲🇺🇦 @Tintie4]

@CPAC_TV As he lives in luxury himself. And you don’t need a house to start a family. We were in a basement suite. Then an apartment. He has never had to give up anything

[Down Dawg @346hcn]

💩from the CPC deep thinkers in the comments is hilarious, all are super smart economists 🤣

[Scott Robertson @sarobertson_]

David Cochrane presses CPC trade critic Adam Chambers on 'full-blown' recession claims: "You're the only group calling it a full-blown recession. Part of being a credible steward of the economy as a government in waiting is to properly analyze, assess, and define what is happening in the economy."

[Down Dawg @346hcn]

@guyfelicella @stgert Same

[Down Dawg @346hcn]

@JeffDougla39706 @marissenmark @TheChaosWeeber Evidence may be that the NDP was elected…

[Down Dawg @346hcn]

@lytbil @CrazyVibes_1 Gave it to RFK jr.

[Down Dawg @346hcn]

@ItsDeanBlundell After Rick Bell.

[Down Dawg @346hcn]

@ArfinNathaniel 😬

[Down Dawg @346hcn]

@MarkBourrie @jbeggs252 For what will remain a mystery…

[Down Dawg @346hcn]

@SuburbanPolly I’m a fu$k no!

[Down Dawg @346hcn]

What an effed up world 😡

[Mohamad Safa @mhdksafa]

I don't understand how we're not having a global revolution right now.

There are 3 million files of documented evidence about powerful men who

Raped
Cannibalized
Trafficked
Filmed
Terrorized
Tortured
Murdered
13, 14, 15 year children!

And Zero arrests.

[Down Dawg @346hcn]

@TheBlueGem3 Yep

[Down Dawg @346hcn]

@1loriking Enjoy 😊