If a Tory government ever did what the Liberals just did with those unsold condominiums, the torrent of criticism would be more like a tsunami with the mainstream media pulling out all the stops to pile on the government. Just sayin’…
Prime Minister Mark Carney has faced a torrent of criticism since June 18, when he announced a plan to work with the B.C. government that he said would help homebuyers struggling to save for a down payment.
Carney has since said his government did not explain the program well.
I truly “loathe” the main stream media. But the MSM do not bite the hand that feeds them (literally with all of the media bailouts)
I have done some “less than special” things with money, and learned my lesson because of the consequences. I sometimes feel that I am the only one who DOES pay the consequences in this modern world.
Too many condos to Fail?
Yeah, eventually your Socialist government will run out of the peoples money … and everything will fail. Everything.
Carney has since said his government did not explain the program well.
No of course not, explaining that program well would be impossible. It stinks so bad that there is absolutely no spin that he could put on it to make it smell like a rose.
2026
Canada has two official languages: English and French
2046
One Language: Mandarin
The legacy media is run by card carrying Lieberal Party members. They all have the gall to look you in the eye and yell at you they are not biased.
My next band, Torrent of Drool.
There aren’t enough clubs in Canada to host all your bands … LOL
Sure, PP. Asking Parliament to “probe” is like asking the CBC to “investigate.”
IDK … “probe” … may excite your MP’s during Pride month, err season
You are not helping homebuyers. You are subsidizing a few people, many of them who are friends and family. They used to call it grifting. Now they call it helping the provinces. If you want to help homebuyers, lower interest rates or cut the GST on all home buying. But don’t give just a few people government subsidized houses unless you’re trying to kill the economy for the rest of us. Sorry, got a little ahead of myself.
exactly.
let the price flop. oh look, suddenly MORE ppl able to meet the new price show up and sales resume,
as
it
has
been
since cash existed. buuuuuuuut LIEberals are something new on the scene.
and Carnage is the newest version.
meanwhile the polls tell us to expect another LIEberal majority.
Newsflash: Carney is asshole.
The MSM are shit.
Thats why the get along.
You gotta love BC. Mild climate, luxuriant green forests, and our wild condos are unparalleled. From leaky condos to reeky condos in what? 30 years? Supernatural BC, I say. And we own nothing and we’ve been convinced we’re happy.
Ok. Let’s put things in perspective:
(1) Oakridge Park in Vancouver has sold $1 billion worth of luxury condo units in pre-sales, with the first phase residential towers expected to begin closings in late 2026 or early 2027.
(2) In March 2026, a 3,800-square-foot penthouse on the 57th floor sold for $20.8 million ($5,373 per sq ft), down from a presale listing price of around $30 million.
(3) With thousands of completed units unsold regionally, buyers of the high-priced Oakridge presales may face financial losses if forced to complete at contract prices that exceed current market value.
(4) I’ve seen that sh@t go up looking from my office window. By the way: “1 dead after crane load falls at Vancouver construction site” (warning: CBC link… https://www.cbc.ca/news/canada/british-columbia/vancouver-oakridge-crane-incident-1.7121881)
(5) The whole Cambie area from West 41st to West 49th has been a construction zone for, what, two decades?
(6) when I asked an “administration worker” (let’s keep it simple and civil) who they expected to move into the area, the answer was: “young professional couples with no children”.
(7) The area has one important local college; a transportation hub connecting several communities to UBC; several elementary and high schools (including a Canada Act 1982 paragraph 23 French school. Go read your Constitution). And what I got was “young professional couples with no children”.
(8) So, you have it.
superb research.
clap
More here: https://www.thebureau.news/p/eby-briefed-for-meeting-with-vancouver
If $1 goes to Westgate or Concept Properties, then it’s a corrupt payoff to Carney via Brookfield, no matter how many “Ethical Screens” exist.