Mark Carney studders a new $3.2B plan to use your tax dollars to buy up vacant, overpriced condos that developers can’t sell.💸A third of these units cost over $1M. While ordinary families can't afford rent, the state steps in to rescue rich investors. Absolute policy failure🚨🇨🇦
You pay too much tax because there are way too many overpaid paper pushers in Ottawa.
The federal bureaucracy will cost $79 billion this year — $10 billion more than last year.
Carney keeps saying he will “spend less.” But Carney is spending billions more than Trudeau.
Carney government will buy vacant condos:
"...developers are stuck. They don't want to sell at a loss. They can't afford to hold those empty units indefinitely."
Why should Canadian taxpayers bail out developers who made bad business decisions?
Mark Carney basically announcing a bail out for Vancouver and area developers;
Too many completed condos sitting empty. Metro Vancouver alone around 2,500 finished units are standing vacant with no buyers.
They don't want to sell at a loss, they can't afford to hold those empty units indefinitely.
We will convert vacant condos into affordable housing. We're going to go use the right financing mechanisms, convert those into affordable housing so people can move in and use that."
Greed and horrible municipal planning has led to building overpriced shitboxes that no one wants.
Now Carney will reward that with taxpayer dollars instead of letting the market solve itself by bringing the prices down.
Absurd intervention.
I thought he was an economist??
Mark Carney spent $962,633.24 in in-flight catering and related fees over 79 travel days.
That works out to $12,185 per travel day - paid by taxpayers.
Same plane. Same Party. Same Government.
Next level out of control spending.
LIBERALS: "If you want to look at the results, Canada is the second fastest growing economy in the G7."
CONSERVATIVES: "That's not just an illusion, that's a hallucination. The government's own statistical agency says the economy is shrinking."
Mark Carney thought he picked the perfect Budget Officer to protect his fiscal fairy tale.
He picked the wrong person.
Today in committee, Annette Ryan dropped the bombshell:
The government’s own fiscal plan to bring the deficit-to-GDP ratio down has **less than a 1% chance** of actually happening.
That’s not my words. That’s the Parliamentary Budget Officer’s office saying there’s a **99% chance** the Liberals’ numbers are pure fiction.
Kelly Block asked the obvious follow-up:
“So for the average Canadian watching at home… there’s a 99% chance the government’s plan doesn’t unfold the way they say it will?”
Annette Ryan: “I think that is a fair statement.”
She then laid out the risks: trade war with the U.S., Middle East chaos hitting oil and supply chains, and wildly inflated stock markets that could unwind painfully.
Meanwhile, the same government that can’t even hit its own cooked-up targets is still spending like drunken sailors, importing millions more people, and sending billions overseas while Canadians can’t afford rent or groceries.
This is the same crowd the ex-military veteran warned about yesterday — the one saying if they don’t fix this, we’re heading for civil war in ten years.
Now their own numbers guy just admitted the plan has a **1% chance** of working.
Carney didn’t accidentally pick an honest person.
He picked someone who just torched his entire economic pitch in front of the country.
The mask is off.
#cdnpoli #Carney #LiberalFail #Budget #CanadaFirst