John,
Annual inflation hit another 30-year record in March,
with an annualized rate of 6.7%.
Beyond gas and food prices
that are exploding, one sector that is among the hardest hit is
housing.
Since Trudeau was elected in 2015, the
average price of a house in Canada has doubled.
Yes, doubled to about $800,000 in only seven
years!
In her budget two weeks ago, Chrystia Freeland
announced another series of costly and inefficient measures to
subsidize construction and home buying.
But a few days later,
she admitted that the problem is “mathematical”: Canada has the
fastest growing population in the G7 because of high immigration, and
the supply of housing is not growing fast enough to catch up with
demand.
Justin Trudeau himself also admitted this week that
immigration is partly responsible for exploding housing prices.
Still, he wants more mass immigration, with the
numbers increasing from 250,000 immigrants per year when he was
elected to 450,000 next year.
Conservative leadership
contender Pierre Poilievre offered his solution to the problem this
week.
He wants to “force” municipalities to change zoning laws
and allow multi-unit construction in neighbourhoods with detached
homes, or else he would punish them financially.
Not only is
it unconstitutional for Ottawa to meddle in municipal affairs.
It’s also a frontal attack on the freedom and local
autonomy of families that decided to invest and live in a quiet
neighbourhood, and don’t want its character to be destroyed by
“densification.”
Poilievre has nothing to say about
mass immigration of course. He and the Conservative Party support it
just like the Liberals.
John, the real cost of mass
immigration is that millions of young Canadians will never be able to
afford a house where to raise their family as their parents and
grandparents did.
We don’t need costly programs and
federal attacks on local autonomy to solve the housing crisis.
Lowering immigration to sustainable levels would be a simpler
solution.
John, if you support this common-sense solution, please help
us promote it with a $2.50 donation today!
Many
thanks,
-Max
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