this post was submitted on 12 Jul 2025
154 points (94.3% liked)

Canada

10125 readers
715 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

  2. Misinformation is not welcome here.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
 

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".

you are viewing a single comment's thread
view the rest of the comments
[–] teppa@piefed.ca 0 points 2 days ago* (last edited 2 days ago) (2 children)

The new boss is the same as the old boss, but what would you expect when you vote for the monopoly man who built his empire selling greenwashing funds that mainly hold large US tech stocks.

[–] nik282000@lemmy.ca 14 points 2 days ago (2 children)

So, you think Poilievre was the right choice then? The guy who consistently voted against affordable housing?

[–] Auli@lemmy.ca 7 points 2 days ago (1 children)

What makes you think any of them where the right choice. Whole system has been be burned to the ground.

[–] nik282000@lemmy.ca 3 points 2 days ago
[–] teppa@piefed.ca -2 points 1 day ago* (last edited 1 day ago)

The government building it doesn't make something affordable, the supply relative to demand does. Harper had 1/3 the immigration, thus housing was affordable.

[–] whoisearth@lemmy.ca 5 points 1 day ago (1 children)

Carney does not run the CMHC.

[–] teppa@piefed.ca 1 points 1 day ago* (last edited 1 day ago) (1 children)

He did hire housing ministers that ballooned Vancouver real estate however, who also says that housing prices shouldnt come down because its boomers retirement fund.