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2 yr. ago

  • I know everyone loves to hate on the boomers, but most of them didn’t strike it rich, many live in homes that are old and not well maintained, have failing bodies, are being squeezed out of labour jobs, etc. Having a tiny, taxable income stream at a time where society is turning against you isn’t some crazy benefit.

    Kershaw and (I suspect) u/wampus are talking about the intersection of rich and old. Someone who is making ~140k/year (or 250ish as a couple) doesn't need a top-up from the feds, regardless of their age. Kershaw's other op-eds have proposed lowering the OAS clawbacks for the wealthy and using that amount to increase payments to poor seniors.

    For example:

    Refining the OAS clawback for households with incomes of more than $100,000 would be transformative. It would free up $36-billion in federal spending over the next five years.

    About $12-billion could be added to the Guaranteed Income Supplement to deliver an extra $5,000 a year to the 469,000 seniors who currently fall below Canada’s official poverty measure. This would virtually eliminate poverty among seniors ... . For those who remain near the poverty line, another $4-billion could be added to the GIS to enhance their incomes too.

    The remaining $20-billion could be reinvested to double the increases for housing and postsecondary education in the 2024 federal budget, add 50 per cent to child care and cut the deficit by billions.

  • I think it's more a question of getting rid of the incumbents that presided over the most noticeable part of the affordability crisis.

    Trudeau & co initially said our GDP is growing, what's there to worry about? People have a long memory when they are ignored or slighted. Then add that Poilievre focused on affordability issues during the election. Even if the CPC policies suck, his supporters appreciate that he's talking about the problem.

    Neither of the LPC or CPC plans looked great for affordability, IMO. If Carney can stay in power long enough, I think they might be able to get 500k starts/year, but that won't be soon enough for the people who are priced out.

  • I've been living in a small town since the pandemic, and it's pretty good. I'd recommend it, if you're into a small town lifestyle (I'm not).

    I'm assuming the federal properties are lands inside city limits. Building housing a few hours from a population centre seems like a terrible idea. But I guess we'll find out more soon.

  • Yes! There wasn't a lot of meat prepared in my house as I was growing up, so I didn't get any experience with it. Having a meat thermometer means I don't need to guess. It's good.

    I've started cooking meat a lil cooler than recommended, in theory that it's more tender. With a meat thermometer I know it's still good.

  • From what I've seen, it mostly seems to be subsidies - either providing low(er) interest loans or investing in prefab housing.

    They also talk about paying private builders to create affordable housing, but I'm not clear who would own those buildings, who would get to live in them, or how much they would cost.

    There are a lot of unknowns, and (as far as I've seen) the only timeline is building 500k houses a year by 2035. If that's really the timeline, I doubt it will change the minds of young Canadians who are getting gouged on housing.

  • It's an op-ed, not an article. It explains the Fraser Institute's point of view (perhaps that of their donors). They raise a couple of good points (notably the one about the infrastructure bank), but it's their chance to get their ideas out. It shouldn't be balanced.

    If all op-eds need to be balanced, then we'd see indigenous land defenders having to explain why a company is allowed to despoil that land. Similarly, if a doctor is writing an op-ed explaining why think you should get vaccinated, they shouldn't need to reiterate the talking points of whackos saying it isn't. That's fine for articles, but this isn't an article.

    The point of op-eds is to get an idea out. This one is probably a counterpoint to Paul Kershaw's delicious trolling in yesterday's Globe.

  • That's a really interesting set of protections: they're targeting categories of scams and trying to prevent them.

    I can see that causing a lot of problems for people walking relatives through legit tech support, but if it prevent vulnerable people from getting scammed, that may be worth it.

  • I agree with all of your statements, but

    The bias in this is just revolting. I get that it's "opinion", but they've made no attempt at having a terribly balanced one.

    They have a point of view. I don't agree with it, and it ignores the pain that the housing crisis is inflicting on Canadians, but it makes no sense to expect them to parrot talking points they don't agree with.

  • Totally. Something is better than nothing.

    But there's a political risk that needs to be addressed quickly: many Canadians are getting priced out of their homes now, while others are unable to save for retirement. They see older Canadians making out like bandits on primary residences they bought 10+ years ago and they're justifiably angry.

    These people are probably going to vote Conservative in the next election if they don't see an improvement.

    It's unclear if the current LPC plan will provide housing relief within four years.

  • Dressed in a T-shirt, shorts, flip-flops, and wire-rimmed glasses, Yu declined to talk about the false report of his death or how he may have benefited financially from it.

    “You can see the PTSD in my eyes, right?” he said before telling this reporter to leave.

    That epitaph should be etched onto his gravestone.

    Although the obituary touted his alleged successes, the more significant self-tribute was Sunday’s release of a memecoin that one of his social media accounts promoted in what claimed to be an automated message. “If you’re reading this, it’s because my 72 hour deadman’s switch triggered so i’m not here, at least physically,” the message said. The message described the new coin, dubbed $LLJEFFY, as “my final art piece” and “an eternal grave in cyberspace.”

    Who doesn't have a deadman's switch to capitalize on one's own death?

    On-chain analysis shared on social media by Bubblemaps, a crypto analytics platform, showed accounts linked to Yu moving up to $1.4 million in cryptocurrency after his supposed death. Several accounts accused Yu of orchestrating an elaborate “pseudocide exit strategy” to cash out his holdings.

    So gifted! So capable! Such a deep understanding of the technology!

    ...

    Before his staged death, Yu published a manifesto introducing the concept of “legacoins” — described as an “evolution of digital assets commonly referred to as memecoins” that function as “a vault or storage, securing and preserving value indefinitely.”

    What an incredible coincidence!