Parties debate affordability plans | Power & Politics

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  • Published on:  Wednesday, September 18, 2019
  • Party leaders are focused on issues of affordability in this election, making campaign promises to address the high cost of living.
    To read more: http://cbc.ca/1.5287035

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  • Source: https://youtu.be/-DXzNNy30DM
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Comment

  • spudguy234

    spudguy234

     14 days ago

    within the last mth they keep going on about this affordable housing..last week ...we get informed rental rates will be going up and they get to jump rent once a yr.. and they have been tossing people out on streets to take few low rent and was home to many and rip down to put fancy high end condos or places 1000 plus for 1 b-room we never had anything close to this homeless issue ... some proud to be living on canads birth prov. but treated like were invading their space...

  • Jenny Gao

    Jenny Gao

     21 days ago

    Funny how talking about Universal Basic Income here is still looked down upon, currently at this moment the US presidential candidate Andrew Yang is gaining alot of momentum with this primary platform. We need to start talking about automation of jobs and a human centered capitalism that gives everyone a floor to stand on as the right thing to do not some luxury, we can afford this if automation is properly regulated/taxed.

  • Charles Caruana

    Charles Caruana

     21 days ago

    What about the people who bought homes in Ontario in the spring of 2017? They are stuck in their homes, they will be lucky if they can renew their Mortgages. Prices have not recovered. The Stress Test is a Burden on first time buyers. Why are Canadian's with great credit and good income being punished with this ridiculous Stress Test policy. First Time buyers need the most help. Remove the Stress Test!

  • Justsome BCguy

    Justsome BCguy

     21 days ago +2

    Spend spend spend!!!!!!
    Why is it only the PPC is campaigning to balance the budget?
    I would much rather see the budget be balanced and debt paid down than new spending promises and more debt for my kids to pay.

  • Dan Wyldes

    Dan Wyldes

     21 days ago

    38? I thought she was closer to 28.

  • Matthew Finateri

    Matthew Finateri

     28 days ago +1

    I wish a PPC candidate could have been part of this discussion. If government wants to make life more affordable for people, they would shrink in size, stop funding everything under the sun, embrace the free market and stay out of our lives as much as humanly possible. We rely on government too much.

  • Andrew Baldwin

    Andrew Baldwin

     28 days ago

    The summary of the economic data at the beginning of this episode looked like it was prepared by the Liberal Party of Canada war room. An uninformed person watching it would think “Affordability problem! What affordability problem?” when the problem is real. Our real GDP growth for 2019Q2 was 1.6%, up from 1.4% in 2019Q1. The US has done much better than us recently: its output grew by 2.3% in 2019Q2, down from 2.7% in 2019Q1. There was no way you should have highlighted a 3.7% annualized 2019Q2 growth rate, which was higher than the corresponding 2.0% US rate, since analysts expect this to be a one-quarter blip. Anyway, your focus was on affordability, so real GDP per capita growth was really more pertinent than real GDP growth. Using the monthly LFS active population data as the population measure real GDP per capita growth was only 0.2% in 2019Q2, following on a decline of 0.1% in 2019Q1. In fact, the consecutive quarterly declines in real GDP per capita in 2018Q4 and 2019Q1 at annualized rates of 1.1% and 0.8% were the first since 2015H1, the mild contraction which our current truth-challenged PM tried to convince was a deep dark recession. So the economy isn’t in a recession but it isn’t rosy either.
    You said wages (you used LFS nominal AHE data) rose by 4.5% in July, the best increase in a decade. However, here you have flipped to annual increases, instead of looking at annualized subannual rates of change. There was actually a 0.9% drop in annualized wages in July 2019 from June. There was only a big acceleration in the annual rate of wage increase because there was a 9.0% June-to-July drop in the annualized rate of change of wages exiting the annual increase. The August 2019 annual increase in wages was back to 3.7%.
    If one switches from nominal to real wages, the annual rate of change was 1.7% in August, down from 2.4% in July. The July 2019 increase was much the strongest in the Justin Trudeau years but nothing special for the Harper years, where it is matched or surpassed multiple times, most recently in April 2013. The annualized growth rate for real AHE was 1.0% under Harper. So far it has been 0.4% under Trudeau.

  • Bibi Burns

    Bibi Burns

     28 days ago +4

    Taxes are not the problem. Stagnating wages, job insecurity, and inequality = conservative neoliberalism. "A Brief History of Neoliberalism" by David Harvey (2007)

  • Nelson David

    Nelson David

     28 days ago +3

    Good job Vassy, give it to all of them. Thanks CBC for clipping this up on youtube. The rest of yous, see how Pierre re-framed his first question? The others should learn from that. That's why he 'looks' strong. The NDP candidate had a great performance. Bad day for the Libs. ABC 2019 again? Ugh... Can't have Mad Max 202*. Full stop.

  • kingogkingswoodz

    kingogkingswoodz

     28 days ago

    We are being replaced. The canadian government released its desire to grow the population by two thirds. From 35 million to 90+ million over the next 60 yrs. Since we know canadians aren't having enough babies where is the population rise going to come from? Immigration. Freedom is nothing more then a whisper in the world today and over its history it is almost non existent. Actual canadians want actual freedom. Freedom from government overreach. Almost 50% of canadian income goes to taxes. Then 30+% goes to food shelter and clothing. Leaving barely over 10% for us to enjoy or invest/save. 10% is all the government should get from us. We need to end the welfare state as we know it. As well as deregulate every aspect of the economy. It is regulation that drives up the cost of everything. Which is it's own tax. We need a new constitution. End any power the English crown holds over us and make clear our absolute freedom in speech in movement and in property rights.

  • kingogkingswoodz

    kingogkingswoodz

     28 days ago

    De regulate home building market. Tje problem is forced scarcity driving up costs. Unleash builders and the entire market will fall in price. The problem with rising prices is almost entirely too much government involvement. So the answer is less government involvement not more.

  • RAM-1500 KING OF TRUCKS

    RAM-1500 KING OF TRUCKS

     28 days ago +3

    AFFORDABILITY ..lmao. All they want is to make you bankrupt

  • Steve Shane

    Steve Shane

     28 days ago

    Everyone else is on Trudeaus black face blunder....you know CBC is a paid and government controlled asset when the biggest national scandal right before the election is completely ignore LOL.....fku CBC you crooks

  • CGB Spender

    CGB Spender

     28 days ago +8

    Party leaders only talk about 'affordability' every four years, then do squat about it.

  • shalvin prakash

    shalvin prakash

     28 days ago +2

    Also Kevin Page wow, you call yourself an economist... you should be ashamed, I feel bad for your students.

  • shalvin prakash

    shalvin prakash

     28 days ago

    There was only one person in this panel who spoke the truth out of the four. I’ll let you guys figure it out on your own, the other 3 have unsustainable plans that are detrimental to Canada’s future. Most of them are the blind being led by the blind, and pushing this inversion narrative. Narrative being that your money as a hard working individual or entrepreneur, belongs to the very same people who don’t lift a finger to earn, but have every right to spend it whichever way they please. Your money is your money, not any government, political leader, etc.

  • Jade'sReproach Hollket.

    Jade'sReproach Hollket.

     28 days ago +1

    Basic income by 2030 LOL get outta here! Where’s Max’s candidate?!

  • Ronald Bernard

    Ronald Bernard

     28 days ago +1

    Unaffordable for 2nd, 3rd, 4th, 5th, ,6th, generational Canadian's who are trying to cope with even taking care of there senior parents, a million bucks for a basis house

  • Patient Zero

    Patient Zero

     28 days ago

    The most important policy this election need is promoting business environment,because we just lost billions from business deals in a span of 3 years

  • king on common law

    king on common law

     28 days ago +1

    this is bad man