OTTAWA, ON – The Canadian Labour Congress (CLC) is demanding immediate and decisive action from the federal government to protect workers and defend jobs as an escalating trade war—fueled by U.S. President Donald Trump—threatens Canada’s economy. Just today, Trump announced yet another round of retaliatory tariffs on steel and aluminum, this time in response to Ontario’s energy surcharge. “This is spiraling out of control, and workers across Canada are rightfully alarmed. They are looking to their government for urgent and concrete measures to shield them from job losses and economic uncertainty,” said Bea Bruske, President of the CLC. Canada’s unions...
What’s been accomplished that isn’t dwarfed by housing and rents doubling?
I’m happy for you if you happen to own real estate, but people in my family are renters, and have had their wages diminished by the 4% population growth.
I know why we did it, to prop up GDP, I just don’t think you should be distorting the market like that after QE raises asset values. Entrenching wealth inequality is bad for the poor, and people living in rest stops is heartbreaking.
What programs have even been funded, as far as I’m aware we pulled consumption forward, and all this progress only landlords feel is funded with future austerity; as we buy 50% of all mortgage bonds to pump their real estate holdings using borrowed money.