35 Replies to “Housing Bust”

  1. Build Canada Homes is code for prison camps the WEF overlords want to build where we will own nothing and be happy.

    1. This is how you get raw concrete stack-a-prole apartment buildings in every small town in Ontario. Full of foreigners, who don’t have jobs.

  2. This would be the same federal government that managed to lose money selling weed to stoners, no?

  3. just what we need …. another commie orwellian agency …. all hail the emperor

  4. Will the gov’t plant 2 billion (or was it 10 billion?) trees in their front yards?

    If the standard construction contract rate for electricians and plumbers is $80/hour, will the construction rate for gov’t contracts be $140/hour? Where will the gov’t get these qualified Red Seal construction workers from? If your house is constructed with sub standard or “non compliant trades workers” will the insurance rate for it be 1.5x or 2x the current rate? Are the new gov’t overseers going to instruct the insurance providers what they’re allowed to charge as well?
    With provincial and municipal permits taking 20% of the cost of housing in some areas, will the federal gov’t be overriding these requirements for gov’t houses? Will the gov’t be instructing the trades training schools to cancel their requirements for entry so they have someone qualified to build these?

    Will these houses look similar to the type of houses built in Canada in the early 1970’s? 900 ft bungalows on smaller footprints with single 4×4 on posts for the back fence?

    Will these houses be similar to what I’ve seen on Indian Reserves built in the 80’s? Those houses…. well they need work. All of them.

    1. Maybe they will be crappy 1950’s PMQs they built on CF bases. The government makes a very poor slumlord. At least back then the lowest bidder built them cheaply. Now? Look for a hundred billion dollar program that will build 100 substandard duplex with most of the money dissapearing in a black hole. Managed by Brookfield, of course.

  5. One more encroachment into the world of free enterprise . The problem is that we have too many low information voters who buy this crap . Libs destroy wealth they don’t create it .

    1. They make ’em in Shandong.

      Because Canadians couldn’t make sh1tty prefab houses out of Canadian lumber with Canadian staple guns, right?

  6. Lliberal built homes: no gas heaters or stoves, electric heat only. Must be wired for electric cars. Probably no air conditioning either. Wait lists like heakth care. Housing authorities like in Britain.
    Etc.

  7. In re-imagining the economy, they will call their government housing the “Projects” and prioritize residents chosen based on race and gender . I’ve seen this coming for years as they have criminalized making a profit from providing housing while ensuring a shortage through land availability and regulations. They’ll rationalize the need by calling the shortage a “market failure”.

    1. Criminalized making a profit ?
      The banks , real estate agents , sellers , and bureaucrats made a huge profit. In an artificial market.
      So much money was flying around no one questioned it.
      The criminal part is people called it Capitalism.
      And then wonder why Marxism is there waiting to fill a void left by mismanagement ,and a malignant type of greed And really when you think about the results , Crony Capitalism and Communism seem pretty much alike.
      I guess no one can come up with an idea to build smaller homes , on smaller lots people can afford and eventually pay off. You’d think someone could think out of the box , and get it done with as little government money as possible. But I guess it’s near impossible. Well good luck getting industry back, and all the other things that have to be done as well. If they can’t tackle this one without more bureaucracy, and billions they don’t have anyways.

  8. Soviet-style housing plans from a Soviet-style Liberal racist Party.

    Everything. Everything will go wrong. Lawsuits against the government for decades.

  9. Government involvement usually results in nothing getting built and at triple the estimated cost.

  10. What a disaster. The plan will be rentals, high density, DEI at the top of the list, Liberal insiders get contracts…oh no! Budget will rise to $100B by 2030. If you want more information, look to the UK in the 60’s.
    Luckily, being government, nothing will be built in my lifetime.

  11. $24 billion to Liberal consultants, lawyers, and managers, $1 billion for housing.

    Note; the $1 billion will be in 2045.

  12. Ha. 10 years from now 4 homes will be built (if that) and all the Libs and their Chicom buddies will have pocketed the rest. You can take that to the bank!

    Alberta had better get out while we can.

  13. I had a client build some shit row housing on a government funded Metis project. They cost as much as stand alone houses if not more. Everything the government touches turns to shit.

  14. A crony cash give away by any other name is still the same..

    Oddly enough tho, the US is still waiting on the broadband build out, and charging station deployment that the Biden administration promised, to the tune of billions in US taxpayer cash.. I am beginning to think they aren’t coming, but I don’t want to be too quick to judge.. Cynics say that those were flimsy excuses for ‘redistributing’ taxpayer cash back to those bundlers and supporters that kept his party in power, but that’s crazy talk. There’s no way Canada’s Lib party would do something similar before their ‘special coronation election.. right?

  15. Made In Canada Sub Prime Mortgage Disaster.

    He’s no ordinary thief.

    1. at this point, my cynical self thinks the rez experience was the model they are basing this plan on. worked sooooo well dinn it?

      1. Well if you talk to them , at least they know it’s going to get worse.
        They watched their culture go for shit, and we did the same .
        Ironic isn’t it.

  16. So I JOKED yesterday that Carney’s “solution” to Trump’s tariff equality would be to give FREE ev-cars to every Canadian … and here right on cue … he’s promising FREE ‘green’ Homes to every Canadian to defeat Trump.

    Socialists gonna socialist

    And when your nation goes even broke-r … how will you pay for all Carney’s Free shit?

  17. They can hire the guy who ran the Hamilton program where they paid entirely too much for chinese prefab homes.

  18. Carney government will build sheds, call them homes, in 15 minute cities, and you better not exceed your Personal Carbon Footprint (PCFP) or else your EV won’t start.

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