Big Real Estate Executives Among Top Donors to Pierre Poilievre’s Conservatives
Big Real Estate Executives Among Top Donors to Pierre Poilievre’s Conservatives
Big Surprise, faux populist backed by real estate moguls
So the person advocating to solve housing crisis is spinsored by big real estate? Smells aquatic here... gills and all. There's a rodent in this pile, that everyone will forget to look for untill it's too late.
Joke all you like, but they're counting on EXACTLY that. "I hear Trudeau sucks but these guys have no plan. Okay, pick them"
Canadians tend to vote out than vote in. I know there are more parties than liberal or conservative but in our entire history there hasn't been a parliament that hasn't been the main two. There really isn't any good options and it's infuriating.
The easiest way to solve the housing crisis is to build more housing, so it stands to reason that he would align himself with people wanting to build more.
Canada does have the lowest number of housing units per capita in the G7. It's not like it isn't something we don't need.
Makes sense at first, but REITs mostly don't build, they mostly buy existing properties and collect rent.
It makes sense to align with developers; it doesn't make any sense to align with rental property managers.
real estate business operations are part of the reason we're in this mess. At present real estate is a lucrative investment as you can buy properties hold on to them effectively shrinking the market and driving demand up... and driving the price of your investments up. Then, after you've bought a place for $300k and it's market price got to $500k you take out a loan against the remainder and go live in warm places until market conttacts some more and you can repeat the process... TLDR; it pays to buy real estate and just sit on it, which is what real estate companies do (or help others to do)... it does not positively contribute to supply of new housing, quite the opposite. So please tell me that business that literally created this mess for us (and profit for themselves) sponsoring politician is lobbying for more housing? Would they be willing to shoot off their both feet?
Landlords aren't developers lol
I am far too poor for this timeline.
There is nothing that trump lite offers that is of any use to Canada.
No way!
While I'm opposed to corporate money in politics, the amounts these executives contributed seems rather paltry.
Due to donation limits ($1700 / year), it's hard to amount to much unless you sprinkle it across all members of the household and donate to the party and EDA too.
https://www.elections.ca/content.aspx?section=pol&dir=lim&document=lim2023&lang=e
@OminousOrange @mooniyaw You can thank #JeanCretien for getting #Corporate money out of politics (at least, by direct donations). Surprisingly, #StephenHarper reduced personal contributions even further (a way of owning the #Libs as at the time their party was much better at attricting lots of small doners).
https://www.theglobeandmail.com/news/national/pms-donation-plan-stuns-party/article25428665/ #cdnpoli
In 2019 Canada enacted Bill C-76 which allows third-party donations (somewhat equivalent to America's super PACS) which allows unlimited donations ... from here:
Can I donate to third parties?
Even if you are not organizing events or producing advertising, you may still choose to engage in the election by making contributions to third parties to support their regulated activities. Unlike political contributions, individuals, businesses, and other organizations are permitted to make contributions to third parties, and are not subject to any monetary or non-monetary limit on the amount of their contributions.[30] A third party, however, must not use funds from a foreign entity to pay for regulated activities.[31]
Each contributor’s name and their contribution amounts must be reported in the third party’s financial returns, which are then published on the Elections Canada website.[32]
If you liked trump then Squinty McProudBoy is your guy. If you are a decent human being find someone else to vote for. A vote for bitcoin milhouse is a vote for racism, white supremacy, misogyny, and hatred.
Surprised pikachu face
When election hopes are based on how much money your campaign has and how much of it is corporately supported ...
... it's starting to look more like a plutocracy rather than a democracy
I always hate how we conflate developers and speculators when we talk about real-estate companies. Like, if somebody supports the automobile industry, you'd assume they mean factories and not dealerships.
Hearing Poilievre has support from builders would be good news in a housing crisis. Hearing Poilievre has support from investors and speculators who are gouging people and exploiting the housing crisis, not so much.
Wait a sec, you're telling me a career politician and landlord isn't a working class hero??