this post was submitted on 12 Jul 2025
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Under Mark Carney's Liberal government, the CMHC has quietly redefined 'housing affordability' to no longer mean 30% of income, but "perhaps 40-45% ... [and] over 50% of income by 2035".

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[–] cecilkorik@piefed.ca 47 points 2 days ago (1 children)

"What do you mean the kids are failing their classes? That's so easy to fix, just lower the passing grade!"

[–] snoons@lemmy.ca 25 points 2 days ago* (last edited 2 days ago)

"I plan to lower the passing grade from 50% to 40-45% and 30% by 2035."