[kEiThZ]

I do think creating measures where Credit Score can be increased via Rental Payments does provide benefits.

I don't see it. Banks aren't super concerned with credit score when giving out mortgages because they have collateral and mortgage insurance. This is simply an attempt to reward landlords couched in terms of helping renters. Guess what is going to happen with millions of small time landlords reporting to credit bureaus. And just imagine the problems of dealing with a person like that for erroneous or even malicious reporting.

This government has all but given up on fixing housing and is hoping tokenism and press releases will fool and appease enough young people to at least avoid voting Conservative. And that's what this is a all about. The Liberals didn't give a fig as long as young people were moving to the NDP. They only started caring when young people started defecting to the CPC. That's a real short term and long term threat. But they have zero willingness to do anything that cost votes with older folks (who also happened to be landlords). So that's why we have policies like this.

 

[evandyk]

Yeah, it was discussed above, but the credit score thing is really poorly thought out. It's unlikely to offer any benefit to renters and creates the possibility to them of a real detriment through bad reporting that is difficult to fix.

 

[123GTA123]

I don't see it. Banks aren't super concerned with credit score when giving out mortgages because they have collateral and mortgage insurance. This is simply an attempt to reward landlords couched in terms of helping renters. Guess what is going to happen with millions of small time landlords reporting to credit bureaus. And just imagine the problems of dealing with a person like that for erroneous or even malicious reporting.

This government has all but given up on fixing housing and is hoping tokenism and press releases will fool and appease enough young people to at least avoid voting Conservative. And that's what this is a all about. The Liberals didn't give a fig as long as young people were moving to the NDP. They only started caring when young people started defecting to the CPC. That's a real short term and long term threat. But they have zero willingness to do anything that cost votes with older folks (who also happened to be landlords). So that's why we have policies like this.

I'm not saying this policy results will be massively beneficial. I am stating that there are some minor benefits to it, just to clarify my point. I agree, majority of the time any Score above 680 will allow you access majority of mortgage products that someone with a 800 Score has.

In terms of how the program would be delivered, I would think the most efficient way to deliver it would be through the CRA since Rents paid are reported to them (Both by Tenant and Landlord). CRA would then report to Credit Agencies.I don't see too many difficulties in being able to generate Receipts on Rental payments so that there is a record in case of disputes.

Personally, I dont even think that the Liberal Government gives a shit about Housing Policy. All levels of Government have chosen not to take the steps necessary to create affordable housing and the Federal Government continues this trend when they should be leading the way.

 

[kEiThZ]

I'm not saying this policy results will be massively beneficial. I am stating that there are some minor benefits to it, just to clarify my point. I agree, majority of the time any Score above 680 will allow you access majority of mortgage products that someone with a 800 Score has.

The benefits are so minimal, it's just not worth the effort. Think of the bureaucracy involved in managing this and all possible conflicts:

In terms of how the program would be delivered, I would think the most efficient way to deliver it would be through the CRA since Rents paid are reported to them (Both by Tenant and Landlord). CRA would then report to Credit Agencies.I don't see too many difficulties in being able to generate Receipts on Rental payments so that there is a record in case of disputes.

What's the point of doing? I would genuinely like to see their analysis of how many people can't buy a home because of a lack of credit history (as their sole obstacle). I suspect, it's less than a percent. Yet, they now have an idea that might require hundreds to thousands of possible CRA employees to make sure that the majority of renters don't get screwed by mistakes or malicious reporting. Did the credit bureaus write this policy?

Personally, I dont even think that the Liberal Government gives a shit about Housing Policy. All levels of Government have chosen not to take the steps necessary to create affordable housing and the Federal Government continues this trend when they should be leading the way.

This government all but does not give a damn about anybody under 50. Virtually everything they do is in the interest of our landed gentry seniors. I'm starting to think even their passion for climate policy is less about doing good than assuaging the guilt of Boomers over absolutely screwing over future generations.

Housing is the tip of the iceberg. Look at the birth rate right now and consider the long term implications. Every Alpha born today will be supporting two Millennials or Gen X'ers beyond 2050. And most of those Millennials are going to reach retirement with less wealth than their parents and with a more indebted government. And did all that debt build us better hospitals, better transit, top research labs, a stronger military? Nope. It went to prop up the asset value of Boomer and Gen X homes. Canada's policy framework in a nutshell can be summed up in this one famous painting:

Saturn Devouring His Son - Wikipedia

en.m.wikipedia.org

 

[yrt+viva=1system]

You know things are bad when the New York Time’s has an article on the Liberals:

At stake is something that matters more than one politician’s career: Canada’s contemporary liberal and multicultural society, which just happens to be the legacy of the prime minister’s father and predecessor, Pierre Trudeau. When you fly into Montreal, you land in Trudeau airport, and that’s because of Pierre, not Justin.

The threat to that liberal tradition is not all Justin Trudeau’s fault, of course. The right-wing tide overwhelming global politics has come late but with pent-up vigor to Canada. For several years now, polls have shown Mr. Trudeau’s Liberals at lows from whichno Canadian political party has ever recovered in elections. In a recent by-election, in a key suburban district of the Greater Toronto Area, the Conservative Party beat the Liberals by a lopsided 57 percent to 22 percent, a swing of nine percentage points to the Conservatives.

But an era has passed since the start of that halcyon time, when Mr. Trudeau stood in front of his first cabinet and, when asked why it was half female, answered, “Because it’s 2015.” Now a new generation has emerged, for which the liberal technocratic order his government represents has failed to offer a path to a stable, prosperous future and the identity politics he once embodied have withered into vacuous schism. The growing anti-Liberal Party sentiment of young people is the biggest threat to his electability.

His opponents are well aware of Mr. Trudeau’s unpopularity with young voters and have focused Conservative attacks on an issue especially important to that cohort: the housing crisis. The soaring real estate market, in which tiny homes in Toronto and Vancouver now regularly cost more than properties in Paris or New York, has been exacerbated by the Trudeau government bringing in over a millionimmigrants last year without having built the necessary infrastructure to support the communities receiving them.

https://www.nytimes.com/2024/04/28/opinion/justin-trudeau-right-wing-canada.html

https://www.nytimes.com/2024/04/28/opinion/justin-trudeau-right-wing-canada.html

 

[afransen]

As much as people are fretting about the Canadian consensus breaking on immigration, I'm not sure that is actually the case. PP and the CPC are just talking about moderating immigration and returning to historic norms at a fairly high but not extreme level. The Liberals are also pumping the brakes after letting immigration run out of control.

 

[kEiThZ]

I think it's too early to tell. Look at attitudes in Quebec turning against immigration. They genuinely see a cultural threat to the point that the Bloc is coming back. The rest of the country might follow eventually.

 

[Richard White]

I think it's too early to tell. Look at attitudes in Quebec turning against immigration. They genuinely see a cultural threat to the point that the Bloc is coming back. The rest of the country might follow eventually.

I concur.

If the Québécois identity is at stake because of Federalist policy the PQ and Bloc will see a resurgence.

Québec is very likely to have another referendum if they feel Ottawa is forcing them to give up an independent Québécois identity.

Further to your point, the rest of Canada cannot handle more immigration. It is pushing wages down, taxes up and causing a housing crisis

I do see immigration, foreign students causing the Liberals to suffer a PC style defeat next election.

 

[evandyk]

Québec is very likely to have another referendum if they feel Ottawa is forcing them to give up an independent Québécois identity.

Hopefully they win this time and it forces them to decide once and for all. The worst that could happen is another just under 50% result.

 

[jje1000]

You know things are bad when the New York Time’s has an article on the Liberals:

https://www.nytimes.com/2024/04/28/opinion/justin-trudeau-right-wing-canada.html

https://www.nytimes.com/2024/04/28/opinion/justin-trudeau-right-wing-canada.html

The article is way too easy on him, painting him as a victim of circumstance while he had a major role in creating this polarization when it benefited him, as well as the bad policies that led to this point (remember, did any one of you vote for infinity immigration, or even his day 1 electoral reform u-turn?).

 

[Richard White]

Hopefully they win this time and it forces them to decide once and for all. The worst that could happen is another just under 50% result.

Hence the purpose of the Clarity Act.

The Clarity Act effectively states that the House of Commons needs to be satisfied that the ballot question was clear and that a clear majority of Quebecers voted to leave Canada.

Essentially you would need a ballot question reading something along the lines of "Are you in favor of the Province of Quebec separating from the Country of Canada in order to form an independent nation"

You would then need an answer of Yes or No.

You would also need to provide the ballots in all languages (and forms of communication) used in Quebec. This would be to avoid indigenous or visually impaired persons claiming they did not understand the question.

Lastly, a 50% + 1 majority would not suffice. It is quite possible that the House of Commons on behalf of all provinces and territories would require a two thirds majority before accepting the result.

I cannot see the provinces and territories ratifying a constitutional amendment separating the country with a 50.1% yes vote. Similarly, having over 75% of the province voting to leave would send a clear message to the rest of Canada regarding their intentions.

All things considered, this is not 1995 and there are safeguards in place now to prevent another debacle like we had then.

 

[evandyk]

I just am tired of the whole thing. The last thing I want is another 50% result that will have us doing the same thing for another 10 years. The best thing would be for them to get the 75% and have to have a real debate once and for all about what it means to separate. Or get 25%, so any time in the future they make their ridiculous demands of the federal government, we can just laugh it off. Everyone living outside of Quebec is tired of their drama.

 

[Richard White]

I just am tired of the whole thing. The last thing I want is another 50% result that will have us doing the same thing for another 10 years. The best thing would be for them to get the 75% and have to have a real debate once and for all about what it means to separate. Or get 25%, so any time in the future they make their ridiculous demands of the federal government, we can just laugh it off. Everyone living outside of Quebec is tired of their drama.

To be quite honest, I do think Quebec voting to leave Canada would send a clear message to Ottawa. It may also be the spark that sets Alberta (and possibly Saskatchewan) onto the path of Separating.

Realistically, Quebec is not the only province I can see wanting to leave. Alberta is growing quite tired of Ottawa as well.

If there is increased talk about separation, I can see the Liberals being branded as the party which broke up Canada. It would kill them.

 

[kEiThZ]

Hopefully they win this time and it forces them to decide once and for all. The worst that could happen is another just under 50% result.

Anybody who says this doesn't understand the implication of breaking up Canada. It's very likely the rest of Canada doesn't survive as a single entity when the very contiguous nature of the country itself is broken up. The chaos that follows would make Brexit look cute.

Also, you seem to think a majority in a referendum is a mandate to decide. It isn't. It's a mandate to leave.

 

[Towered]

Anybody who says this doesn't understand the implication of breaking up Canada. It's very likely the rest of Canada doesn't survive as a single entity when the very contiguous nature of the country itself is broken up. The chaos that follows would make Brexit look cute.

Also, you seem to think a majority in a referendum is a mandate to decide. It isn't. It's a mandate to leave.

Good point - how would the 4 maritime provinces function if they were physically separated from the rest of Canada by an independent and assertive Quebec? That'd be very awkward.