Like, trying to get those who primarily sell to working class folks to see how raising the minimum wage actually benefits them, because it means that all of their customers have more money to spend is nigh impossible. All they see is that they'll have to raise prices, and it makes them even more hostile toward their employees.
Yeah this argument never really made sense to me. Unless your product's only input cost is labour (which I can't think of a single job that would apply to, let alone close to minimum wage job) your costs should only have to go up by a fraction of the minimum wage increase. This would leave a minimum wage worker/customer better off after buying your product than they would have if it was cheaper.
Conservative Leader Pierre Poilievre said Tuesday his party will oppose the government's proposed capital gains inclusion rate increase — a tax hike that is projected to pull in roughly $19 billion in new revenue....
the party is taking a stand against a policy that disproportionately affects wealthy people and big corporations.
What about every single other policy that's even tangentially related to affordability that disproportionately affects everyone who isn't wealthy and small businesses?
Proposed packaging changes include allowing the lids and containers of cannabis products to be different colours, permitting cut-out windows or transparent packaging so that consumers can see the product before buying, and allowing QR codes so buyers are able to find more information.
Producers would also be able to package multiple products together as long as the package is still under the 30-gram limit, and products inside also meet packaging requirements. The change would mean producers could sell higher quantities of edibles in one outer package.
Hopefully this means I can get something like a 6 pack of drinks.
I think the number one factor there is real estate. You can't start a farm out of your apartment and restaurants can't easily exist out in the boonies where rent is cheaper.
Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a...
Assuming you're talking about a full service retirement home and not just a 55+ building $5000/mo seems like a good deal to me, at least from a BC perspective. You'd be looking at almost $2000 just to rent anywhere, you'd be lucky to have a meal cooked for you for $10, $20 if it's decent quality, that's another $900-1800/month. Once you consider utilities you're pretty close to what a new renter would be paying if they refused to cook for themselves.
Yeah, I do think the assisted living industry would be forced to adjust though. It's not like the real estate market in general, if the majority of their potential buyers simply don't have enough money it's not like they can pivot to other demographics or attract wealthy people from outside the country.
If things aren't corrected, it won't be long before a whole generation of new seniors is cash poor with no house to sell.
The thought of an across-the-board regulation based rent cap never crossed my mind, but that actually could be effective and fair. If there was some kind of easy to understand formula based on the unit, potential landlords would easily be able to calculate whether it makes financial sense instead of simply cutting costs and squeezing as much rent out as possible. There wouldn't be an incentive to kick people out (can't jack the rent) but there would be one to keep it maintained/updated since they'd be competing on everything but price. Honestly, I wouldn't mind if my rent went up a bit if it meant my unit would be properly maintained or I had the freedom to move somewhere similar without doubling my rent.
Edit: you could make it more enticing to the current landlords by easing some renter protections, like making it much easier to remove problem tenants
“I want to reassure Canadians that the Canada Revenue Agency does not intend to collect any portion of any non-resident landlords’ unpaid taxes from individual tenants,” read a statement released by Minister Marie-Claude Bibeau on X, formerly known as Twitter, Friday afternoon....
A recent survey shows not all Canadians are ready to make the switch to an electric vehicle as they have concerns about charging stations, cold weather and battery life.
WestJet says mechanics strike would disrupt long weekend plans for 250,000 travellers
https://www.cbc.ca/news/canada/calgary/westjet-flight-cancellations-work-stoppage-1.7248086
Who’s telling the truth about the capital gains tax? | About That ( www.youtube.com )
Poilievre says Tories will vote against capital gains tax hike, calls it a 'job killer' ( www.cbc.ca )
Conservative Leader Pierre Poilievre said Tuesday his party will oppose the government's proposed capital gains inclusion rate increase — a tax hike that is projected to pull in roughly $19 billion in new revenue....
Feds propose raft of changes to cannabis rules to reduce regulatory burden ( www.canadianevergreen.com )
Proposed packaging changes include allowing the lids and containers of cannabis products to be different colours, permitting cut-out windows or transparent packaging so that consumers can see the product before buying, and allowing QR codes so buyers are able to find more information.
Investors reshaped Canadian home real estate. Something similar is happening in agriculture ( www.cbc.ca )
When asked if young, aspiring farmers ever inquired about buying his farm, Marcus Collinson just laughs....
Young Canadians are being priced out of home ownership and even parenthood. Why on earth would mandatory national service make them love their country more? ( www.thestar.com )
Canadian Home Prices "Need" To Be High To Pay For Retirements: PM - Better Dwelling ( betterdwelling.com )
Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a...
Trudeau says housing needs to retain its value ( www.theglobeandmail.com )
In case anyone still wants to somehow debate whether the Liberals will deliver affordable housing....
Tenants don’t have to foot unpaid tax bills for foreign landlords: minister - National | Globalnews.ca ( globalnews.ca )
“I want to reassure Canadians that the Canada Revenue Agency does not intend to collect any portion of any non-resident landlords’ unpaid taxes from individual tenants,” read a statement released by Minister Marie-Claude Bibeau on X, formerly known as Twitter, Friday afternoon....
Anyone else doing the Loblaws boycott?
Is anyone else boycotting Loblaws? I don't have many alternatives, but I'm doing my best to take my business elsewhere.
Less than half of Canadians say they will buy an electric vehicle as their next car: survey ( toronto.ctvnews.ca )
A recent survey shows not all Canadians are ready to make the switch to an electric vehicle as they have concerns about charging stations, cold weather and battery life.