🐻Christopher🐺

My favourite animals are bears, sloths, wombats, tree kangaroos, lemurs, and sea otters. Honourable mention to capybaras—cool also. I love all of the dogs.

[Hutchyman @Hutchyman]

#VanRE @thatemfagan Nearly half of the 22,405 short-term rental listings were found to be operating illegally, according newly released data from short-term rental platforms that the province says it will use to step up enforcement of new restrictions. https://t.co/S3E1mRjVF4

[John Pasalis @JohnPasalis]

Of course every expert is coming out now to say a population growth rate of 3%/yr (1.2M people) is too high 

Where were they years early when their advocacy could have actually helped

Rather than speaking up now that these opinions are safe to share & after the damage is done

[Floyd Marinescu 🔰 @floydmarinescu]

No politician who campaigns for affordable homes ever mentions how to do it without bring prices down.

Homes can't both be great investments and affordable.

[Cara Stern @carastern]

Oh dear. We need more affordability through lower prices. Anything else is just pretend.

This is not a great statement for someone trying to build credibility among those who are currently priced out.

[Rob Gillezeau @robgillezeau]

This clearly articulates the mindset that has dominated housing and taxation policy over the last two decades and resulted in the housing crisis we're in today. Any policymaker who is serious about the housing crisis knows that prices need to come down.

[unusual_whales @unusual_whales]

For every 1,000 residents, Canada brought in 32 people last year.

Over the past two years, 2.4 million people arrived in Canada, more than New Mexico’s population, yet Canada barely added enough housing for the residents of Albuquerque, per Bloomberg.

[Mikal Skuterud @mikalskuterud]

Your regular reminder that relying on immigration to meet local labour market needs is futile. This thinking reflects a misunderstanding of how economies work and explains much of the mess our immigration system finds itself in today.
https://t.co/6apP37pCUh

[steveston in Canada @stevestonnotri1]

Hoping that rents start to decline and vacancy rates inch up from an abysmal 1% in your neighbourhood so your kids can fly the home coop? Nope - maybe not this year...

[The Globe and Mail @globeandmail]

Immigration to Canada surges in April, worsening outlook for housing affordability https://t.co/Alye9QugnS

[Matthew Scace @mattscace67]

A couple months ago my colleagues and I @calgaryherald set out to understand how rapidly Calgary's affordability narrative has weakened. My job was to find the data that backs that up.

In this story we have 7 charts on how life in #yyc has changed—

https://t.co/zjtaAUnTfj

[CBC News @CBCNews]

Canada's recruitment of international students has tilted strongly toward filling spots in business programs, while doing little to meet the demand for workers in health care and the skilled trades, according to a CBC News analysis of federal data. https://t.co/KXrOzmyC5I .

[Paul Vieira @paulvieira]

Over the past two years, 2.4 million people arrived in Canada, more than New Mexico’s population, yet Canada barely added enough housing for the residents of Albuquerque. https://t.co/XZioP5bmHy

[Daniel Foch @danielfoch]

Bank of Canada: Housing starts have been well below demographic demand

[John Pasalis @JohnPasalis]

"But our ability to successfully welcome new Canadians depends on having the physical capacity to do so properly—in particular having enough homes"

Why did 🇨🇦's housing crisis need to get this bad for so many people to learn this obvious lesson?

[John Pasalis @JohnPasalis]

"For the next few years we must reduce our immigration intake, following the example of other immigration-friendly countries.

In doing so, we would finally address the demand side of the housing equation, after fixating with increased supply"
https://t.co/CShXTh8xG2

[Rob Gillezeau @robgillezeau]

This is an awful policy change from the federal government that will raise home prices and, on net, transfer wealth from younger Canadians and newcomers to older, high wealth Canadians. It runs directly counter to the budget's theme of promoting intergenerational fairness.

[Paul Vieira @paulvieira]

🇨🇦 chart of the day, the housing-crunch explained, via @CPAcanada chief economist David-Alexandre Brassard:

[Mikal Skuterud @mikalskuterud]

“Who set fire to our once-enviable immigration system? Prime Minister Justin Trudeau is on a mission to find out. Just as soon as he gets all of this soot out of his hair.”

Must read from @RobynUrback. Nails it.
https://t.co/K5TDLk6Ng0

[DouglasTodd @DouglasTodd]

Trudeau says temporary immigration has "grown at a rate far beyond what Canada has been able to absorb."
An historic statement, while strange.
He loves to apologize for the mistakes of others, but seems incapable of apologizing for his own policies.
1/2 https://t.co/JDDZ2hnQxA