As Canadians grapple with the housing affordability disaster, NDP Chief Jagmeet Singh says he’ll taking goal at house-flippers if he’s elected, promising to spice up their taxable capital good points.
As Abigial Bimman reviews, the announcement in British Columbia comes on the heels of Vancouver Liberal candidate Taleeb Noormohamed coming beneath fireplace for his personal historical past.
Noormohamed, who’s operating for the Vancouver-Granville using, was lately revealed to have flipped 41 properties since 2005, turning $5 million in revenue.
In the meantime, Conservative Chief Erin O’Toole can also be making extra pledges on the marketing campaign path.
If elected, he’s promising to sort out Canada’s great deficit, vowing to stability the nation’s finances inside the subsequent 10 years.
The Tories plan on steering away from proposing cuts whereas paying down Canada’s debt by rising the economic system and slowing down authorities spending.
However as Mercedes Stephenson reviews, the plan sounds acquainted to Liberal’s technique.
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O’toole will Balance the budget by selling more guns to Saudis to kill Yemenis children. Shame !
We still discovering bodies of indigenous children ……
They have done NOTHING about the foreign entities and Chinese money launderers/fentanyl dealers buying up real estate. Now Blackrock is moving in… just sickening.
Did you know that it is illegal for anybody to force you to get a vaccine or a covid test here in Canada? Just look up Bill S-201. Print out a bunch of them. Use them for your protection. 👍
Might just show the world what happens when you think you can move anywhere you want without consequences
NDP should be taking aim at idiots from other countries who buy property and leave the property vacant. only people who live in Canada should be able to own it.
A FISCAL NIGHTMARE! It's really sad that the progressive cult masquerading as liberals ever got elected. The damage they have done to Canada's economy since 2015 will be felt for decades. I pity O'Toole if he gets elected PM with a minority or majority, what a fiscal nightmare he'll face.
Even if Canada's federal government spends itself into bankruptcy, and the post pandemic economy still does not recover, the NDP will certainly state, that it would have worked if only the government had spent more!
All politicians and parties are the same. Why people can't see this is beyond me. Bunch of liars and deceivers
2 non confidence vote against trudeau in parlement twice npd add is back this is why we are stuck whit this clown. Enought of dictatorship in Canada.
When did he buy them, who did he buy them from, who did he sell them to, was it done through a corporation, what renos were done before they were resold? These would be some good questions to answer how flipping happens, if there is abuse and how laws can be structured to better? Can we see some good investigative reporting on this. This is all public data available so all it needs is some good journalism!
Time for a change of leadership. No more printing money snd burden Canadian. Haha liberals did whatever damages they could do to our economy.
PLEASE VOTE CONSERVATIVE FOR LOWER TAXES AND MORE JOBS, TRUDEAU AND SINGH WILL DESTROY CANADA. SOCIALISM ALWAYS FAILS AND PUTS MORE PEOPLE INTO POVERTY. PLEASE EDUCATE YOURSELF
I love how this guy likes to concentrate on the provincial jurisdictions where he has no authority whatsoever but he never ever brings up the fact that it cost more to get a permit in Burnaby then it does to build the building that it takes 2 years minimum to get that permit
What a surprise that Liberal Party members like Taleeb Noormohamed, Bill Morneau, and Justin Trudeau all say they're going to do one thing 'for the good of Canada', but then end up getting caught doing the exact opposite while enriching themselves and allies.
People who buy, renovate, and sell homes pay capital gains already on the profit. They take risks, pay for reno’s, and pay land transfer taxes, along with supporting local businesses which include real estate agencies. The price of properties are driven by foreign investors who secure their money in real estate in Canada.
Prople have always used the housing market like the stock market and the wealthy have always been able to use it to a greater degree.
Libs have known this for years….DID NOTHING!!
Wait when are the debates?
NDP-NFG
A vote for the cons is a wasted vote.
If this gets passed.
I lose all of my savings
Show the media and politicians who are in charge! No more Vaccine mafia, Maxime Bernier all the WAY!
O'Tool gives me NO confidence
A message to every Canadian citizen,
New parties must be established for the sake of Canada that will not be under the wills of companies and external interventions. The four current parties have now become a failure and have not provided anything to society in Canada. There are many unemployed people, and many poor and needy people, and we see these people sleeping in the streets without shelter. This is not democracy and freedom- this is a false democracy. Many people have become victims of pharmaceutical companies that affect human health and no one holds them accountable. This agreement between the Canadian government and pharmaceutical companies is at the expense of society. Canada’s area is very large. This is considered a shame for everyone. Canadian Prime Minister Justin Trudeau does not understand anything from the side of politics and does not understand anything from the economy. His group surrounding him also does not understand anything and will destroy Canada, its economy, its security, and the future of everyone.
He also meets with people about whom we did not know anything and then put in place new laws that affect society and the future of society without knowledge to the public. The truth is, the Canadian Prime Minister and other representatives in Parliament are considered to be run by this group. How strong are these from the scientific point of view to persuade lies on the community. The world has begun to collapse and they do not have enough to serve the elderly now and in the future, and we have evidence that the Canadian government changed the law. Retired age was at 60 years old and now it is for 65 years old. It is clear that they do not have the ability to serve the needy among the poor.
Likewise, the poor have no shelter, and we see them every day in the streets. This is false freedom and false democracy. Canada to this day is under the control of British colonialism, big companies and usurious banks. In addition, everyone knows and sees the indigenous people in Canada have become poor and hang out in the streets. They have fallen victim to alcoholic beverages and drugs. This is the democracy that we hear. Now we have discovered the truth, there is no democracy or freedom, and many people have lost their jobs and will lose their homes and possessions and are hanging out in the street. How convenient that in the time of the Corona pandemic, the secret war in order to anesthetize the Canadian community, the Canadian government allowed the sale of drugs and narcotics easily in Canada so that they do not think about politics or In the economy, nor in the future- in reality, they look at humans as beasts. Millions of people will leave Canada and America. This is what will happen- this is the cause of the selfishness emanating from those who rule the world from the criminal merchants, as well as the divine events.
Justin Trudeau against USA business Justin Trudeau he tried to control Canada by Indian business special Made in India 8 years ago until now ، I don't think so this is good for United States and Canada very bad future
India and China
Little difference between NDP and Liberals. Both are needed in Canada…
The liberals actually nominated a house flipper for one of their candidates. Yes, really.
Holy frick we need to get them out of office. NDP and conservatives are both respectable parties with good ideas.
Love the simple process of the NDP, I mean who else goes on National television with a budget written on a cocktail napkin?
VOTE PPC
Conservative platform: money for nothing and your chicks for free……
Housing market has much more room to grow. Prices are still not up to par with most metropolitan areas in other places of the world.
Conservatives are islamophobic check out Lisa Robinson scandal. If you support racism vote for conservatives.
screw the liberals !!!!!!!!!!!!!!!!!!
Im so sick of O’tools lies, its like asking a 10 year old about economics
Oh no 🙈 I hate liberals they put purple
Voting PPC
Jagmeet stood from Burnaby in 2017 did nothing to control Burnaby B.C ! Just talk jugs no plan no action!!!!!
NDP fiscal plan maybe good but, the leader doesn't represent the whole country as CANADA. He's a complete representative of his religious belief and his ethnicity. How will he represent in the world as Canada's PM? Without the name Canada he will automatically be percieved as leader from Pakistan or India. I wanted to vote the NDP candidate but, knowing who the leader is, I voted conservative.