Mortgage payments for typical home now exceeds 50% of after-tax family income in every Ontario urban centre; 110% in Toronto! Home Ownership and Rent Affordability in Canadian CMAs, 2014–2023! Housing affordability worsened across Canada from 2014 to 2023 as home prices and rents increased faster than median family after-tax incomes. 🇨🇦 #MarkCarneyCantBeTrusted 🇨🇦 🇨🇦 #SayingTheQuietPartOutLoud 🇨🇦 🇨🇦 #JustSayNoMore 🇨🇦 🇨🇦 #CarneyLies 🇨🇦 https://www.fraserinstitute.org/studies/home-ownership-and-rent-affordability-canadian-cmas-2014-2023

Industry leader says Budget 2025 offers “false reassurances” on housing! A major construction and development coalition in the housing industry argues that the Liberals’ budget is based on “backward-looking data that provides false reassurances” that the “sector is prospering and that affordability is improving.” Prime Minister Mark Carney unveiled Budget 2025 in the House of Commons on Tuesday, which would allocate $25 billion over the next five years to housing, claiming it will “supercharge homebuilding.” However, President & CEO of the Building Industry and Land Development Association David Wilkes, says otherwise, calling the plan “deeply disappointing.” 🇨🇦#MarkCarneyCantBeTrusted🇨🇦 🇨🇦#SayingTheQuietPartOutLoud🇨🇦 🇨🇦#JustSayNoMore🇨🇦 🇨🇦#CarneyLies🇨🇦 https://truenorthwire.com/2025/11/industry-leader-says-budget-2025-offers-false-reassurances-on-housing

OP-ED: The budget that forgot your grocery bill! Sylvain Charlebois writes, "For a government that often talks about food affordability and insecurity, Budget 2025 offers surprisingly little that directly addresses either." 🇨🇦#MarkCarneyCantBeTrusted🇨🇦 🇨🇦#SayingTheQuietPartOutLoud🇨🇦 🇨🇦#JustSayNoMore🇨🇦 🇨🇦#CarneyLies🇨🇦 https://www.junonews.com/p/op-ed-the-budget-that-forgot-your

Food bank use hits record high as affordability crisis deepens in Canada! Food bank use in Canada has surged to the highest levels ever recorded, with nearly 2.2 million visits in March alone, one-third of whom were children, according to a new report released Monday. 🇨🇦#MarkCarneyCantBeTrusted🇨🇦 🇨🇦#SayingTheQuietPartOutLoud🇨🇦 🇨🇦#JustSayNoMore🇨🇦 🇨🇦#CarneyLies🇨🇦 https://www.junonews.com/p/food-bank-use-hits-record-high-as

Canadians back local foods, but not for higher prices, study shows! The Agri-Food Analytics Laboratory repeatedly identified grocery affordability as a major concern for Canadians. https://www.rebelnews.com/canadians_back_local_foods_but_not_for_higher_prices

Privy Council report admits the imminent collapse of the middle class! The startling survey reveals that the collapse of the middle class and the widespread unaffordability of independent living are looming threats, which are likely to escalate. 🇨🇦#MarkCarneyCantBeTrusted🇨🇦 🇨🇦#NoMoreLiberalsAndNDP🇨🇦 🇨🇦#SayingTheQuietPartOutLoud🇨🇦 🇨🇦#JustSayNoMore🇨🇦 🇨🇦#CarneyLies🇨🇦 🇨🇦#BoomersVoteCPC🇨🇦 https://www.rebelnews.com/privy_council_report_admits_the_imminent_collapse_of_middle_class

Mark Carney’s 'affordable housing' plan: Foreign investors buy while Canadians struggle to own? If Carney and '15-Minute City' pioneer Bob Rennie go through with their 'affordable housing' strategy, will it ease affordability or just further the foreign investor takeover? 🇨🇦#MarkCarneyCantBeTrusted🇨🇦 🇨🇦#NoMoreLiberalsAndNDP🇨🇦 🇨🇦#SayingTheQuietPartOutLoud🇨🇦 🇨🇦#JustSayNoMore🇨🇦 🇨🇦#CarneyLies🇨🇦 https://www.rebelnews.com/mark_carney_s_affordable_housing_plan_foreign_investors_buy_while_canadians_struggle_to_own

Good news. Canada prevented the mortgage cliff that would have seen existing borrowers pay more. The bad news? The rapid rate cuts and extended amortizations are only expected to help new buyers for a few weeks before further affordability erosion. That was the take in a new report from Oxford Economics, who doesn’t see affordability returning until 2035. https://betterdwelling.com/canadian-mortgage-rates-to-rise-housing-unaffordable-until-2035-oxford-econ/

Bank of Canada deputy governor Rhys Mendes says allowing for a period of price declines may sound tempting, but it would ultimately be more painful for Canadians. His speech comes as the Bank of Canada declares victory on high inflation, but Canadians remain dissatisfied with higher prices across the economy. The Liberal government has worn much of the political blame for higher prices, to the advantage of the federal Conservatives. On Thursday, Prime Minister Justin Trudeau unveiled a plan to give a two-month GST break on a slew of items starting Dec. 14 to help with the affordability crunch. The federal government is also sending out $250 cheques to Canadians who worked in 2023 and earned up to $150,000. https://www.bnnbloomberg.ca/business/economics/2024/11/26/allowing-a-period-of-price-declines-would-be-painful-for-canadians-boc-official/

Trudeau lectures Canadians to prioritize climate change over groceries, affordability 🇨🇦 #NoMoreLiberalsAndNDP 🇨🇦 🇨🇦 #SayingTheQuietPartOutLoud 🇨🇦 🇨🇦 #resigntrudeau 🇨🇦 🇨🇦 #JustSayNoMore 🇨🇦 https://tnc.news/2024/11/18/trudeau-prioritize-climate-change-over-groceries/ via @truenorthcentre