First and foremost, in my opinion, Justin Trudeau is the WORST Prime minister in Canadian history, and he’s likely one of the worst Prime Ministers ever in the Commonwealth. Justin Trudeau in one year, has likely had more LEGITMATE scandals than Joe Biden and Donald Trump combined.
The worst part of Justin Trudeau is that it’s hard to know if his corruption is based on IGNORANCE because, similar to Joe Biden in the United States, even when it appears like he’s trying to do something good, he shoots himself in the head, because it appears he doesn’t comprehend the basics of attracting investment into the country.
With that said, I refuse to follow the trend that claims Justin Trudeau is responsible for everything wrong with Canada; it’s about time Canadian voters take some responsibility for their stupid voting patterns.
Rent controls in Canada, for example, might as well be a federal law because even so-called Conservative parts of the country implement price controls on RENTAL housing, which is what fuels higher rental prices. For those of you who are financial illiterates, rent controls are PRICE CONTROLS, and government price controls are known to create SHORTAGES of things.
If I’m a landlord, living in Toronto, for example, I have to price in my profit BEFORE the new tenant moves in, which equates to me as a landlord being forced to raise my rent price on NEW tenants. Rent controls are LOCAL/city/municipal government problems for the most part, and a lot of local voters vote for this stuff.
‘Because it’s 2015’: Trudeau forms Canada’s 1st gender-balanced cabinet
Justin Trudeau created a Gender neutral cabinet‘Because it’s 2015’: Trudeau forms Canada’s 1st gender-balanced cabinet
| cbc.ca
Now, rent controls have been a problem in Canada, for along time, rent controls existed long before Justin Trudeau became prime minister. Also, I know that local governments impose other regulations on landlords, and most landlords consider it a write-off when a tenant leaves and destroys their or doesn’t leave and refuses to pay rent because the local judges usually side with the tenants based on the current local rules being enforced.
How The CMHC and Justin Trudeau Made the Housing Situation Worse In Canada
Around 1999 the Canada Mortgage and Housing Corporation(CMHC), which is a crown corporation(a state-owned enterprise), became a major player in mortgage-backed securities; they also helped to protect PRIVATE banks from defaults by allowing “low-income” Canadians to qualify for a home.
For the record most of the people using CMHC would not be low-income if it weren’t for all the PRICE CONTROLS in Canada, a lot of Canadians are often baffled as to why foreigners have so much money to plow into the Canadian housing market, this is because these Canadians ignore how much they’re being TAXED and how artificially high the cost of living is in Canada to pay for this GIGANTIC government taxpayers are financing.
So, for example, in COMMUNIST CHINA, the cost of living is a lot lower than in Socialist Canada. So if the cost of living is lower in China, that equates to Chinese people for example having more DISPOSABLE income than the average Canadian has, even if the Canadian employee on paper makes more money than the Chinese employee.
Below is the Trudeau popularity tracker by Angus Reid; if the data does not show up below, you can click the link provided or search for “Trudeau popularity in Google”.
Approve/Disapprove of Prime Minister Justin Trudeau | angusreid.org
Now, most people do not associate CMHC with PRICE CONTROLS, but that’s what CMHC exists to do, stabilize prices which also include RISING PRICES. What people tend to forget about capitalism and why some people hate capitalism, is that prices can FALL and even CRASH in a capitalist society.
Whenever you see a CROWN CORPROATION in Canada consider associating it with PRICE CONTROLS!
In case you’re wondering why we’re on a FIAT monetary system, that’s why. In a fiat monetary system, indebted governments can PRETEND and even appear to be solvent as long as foreigners are willing to purchase their CURRENCY.
The Foreign Exchange Markets(Forex Markets) are indeed a thing, that allows countries like Canada to IMPORT things for less money than they would have to had the world been on a Gold Standard. This makes fiat currency a commodity, but it can also reward idiot politicians like Justin Trudeau, who can run perpetual cashflow NEGATIVE deficits and make it appear like his wealth redistribution models are harming Canadians.
Now, suppose you’re arguing that Trudeau’s carbon and other tax rises, along with his changing of the tax code and excessive regulations on Canadians, are not having an impact on Canadians’ lives. In that case, it’s because you’re DISCOUNTING rising prices.
Canada is a socialist country, but had Canada been a CAPITALIST country, the housing market would have been allowed TO CRASH. The CMHC helps stabilize inflated prices, which is why I remind Canadians that the housing market reflects the TRUE VALUE and purchasing power of the Canadian dollar.
Because the housing market is a DOMESTIC problem, the housing market revolves around rules and regulations IN CANADA that Canadians VOTED FOR. The forex markets have little to do with domestic policy in Canada. People are complaining that foreign students are being scammed to come here, I wish Canadians would ask, where are these foreigners getting all this money?
These foreigners are able to get this money to come to Canada because purchasing Canadian dollars is CHEAP for them; if you’re clueless as to what I’m talking about, consider doing some traveling and notice how much more you can buy with a Canadian dollar OUTSIDE of Canada than you can buy with it inside of Canada.
The cheapest things in Canada come from OUTSIDE of Canada, which is a similar problem that exists in the United States. Americans find their purchasing power increase outside of the U.S. Once you’re able to comprehend what’s going on with PRICES in Canada, everything starts to make more sense.
All of these idiot conspiracy theories need not exist; the problem with Canada’s housing market is the IDIOT VOTERS!
Interesting times ahead!
