Is Carney's condo bailout dead?
On today's episode of Straight Up, Marc Patrone examines Carney and Eby's botched condo buyout announcement and whether the deal is too toxic to save
Last week, Prime Minister Mark Carney and BC Premier David Eby announced a joint project to buy up over 2,200 vacant, unsold condominiums and convert them into affordable housing.
The plan immediately triggered intense blowback from all fronts, with critics blasting it as a taxpayer-funded bailout that artificially protects developers’ profits.
With the optics worsening, both leaders have scrambled to distance themselves from the fallout, with Carney stressing it was the province's idea and Eby publicly blaming the feds for rushing the announcement before the details were ready.
On today’s episode of Straight Up, political commentator Dimpee Brar joins Marc Patrone to break down the fallout and whether this deeply fractured housing plan is too toxic to save.
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The federal condo buyout is federal tax payer welfare for millionaire developers who are gouging Canadian home buyers and possibly engaging in foreign illegal money laundering.
it is time for a forensic audit of these developers to see where their investment capital comes from and to which shareholders their profits go.
An excellent report Marc.
Your guest gave a most accurate list of some (but not all) of the scandals that Comrade Carney has been involved in pretty much all to his benefit and that of his crony WEF and Globalist types, a few well connected Liberals and of course Brookfield.
The list was not complete as there are more currently in the works and I suspect more to come as long as this dangerous fraud is PM of Canada.
Not going with the best fighter jets made in the world but literally going with one of the worst and front and centre a multi-billion dollar high speed train boondoggle in the making which could make California's look like amateur time comes to mind.