Juno News - June 28, 2026


Is Carney's condo bailout dead？

Mentioned
Carney
The UK's grooming gang scandal raises new questions for Canada Economist EXPOSES the hidden cost of Carney’s carbon tax

Episode Stats


Length

22 minutes

Words per minute

162.29

Word count

3,598

Sentence count

216


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The Prime Minister accidentally said that the government was going to bail out a sub-section of condo units in Vancouver, and then quickly backtracked and said that it was about the developers. What's the deal with that?

Transcript

Transcript generated with Whisper (turbo).
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 We've got both Premier Eby as well as Prime Minister Carney in damage control trying to fix what they broke, really.
00:00:09.700 You had the announcement on Friday, which was apparently botched from a communications vantage point.
00:00:15.800 It sounded like he wanted to save the developers from losing money.
00:00:21.560 And now it came out yesterday and over the course of the last 48 hours.
00:00:26.940 No, it's nothing to do with the developers.
00:00:28.680 they didn't ask us for the money and you know we don't care anyway because it's all about affordable
00:00:33.800 housing for canadians who can't afford it what do we make of this mess well first of all i love that
00:00:41.080 the idea that it's botched comes down to this it's botched because he told the truth accidentally
00:00:47.640 that's what made it a botched communication swap uh he accidentally had a little slip up and said
00:00:53.720 that it was about the developers. Now, I would just like to remind your viewers that his exact
00:00:59.800 phrase was that no one, quote, directly contacted him. Now, of course, no one seriously thinks that
00:01:06.520 someone is directly contacting the Prime Minister himself personally to deal with this. However,
00:01:14.120 directly is a very interesting use of phrase. Now, to be indirect, one could always speak to
00:01:20.040 his chief of staff or his many staffers or perhaps he went on a golfing trip with his fellow or
00:01:25.560 former employees of Brookfield you know that would technically not count as directly either
00:01:31.320 those are all indirect measures but the point remains the same this government somehow has
00:01:36.680 the money to bail out a subsect of condo units in Vancouver potentially thinking to do the same
00:01:44.840 thing in Ontario all the while it struggles to have money to first first of all restore 24 sussex
00:01:52.920 it has to essentially go fund me that and it also lacks the money and the financial holdings to
00:02:01.320 support and preserve our industries which are a part of national security so for instance
00:02:07.320 our energy sector our critical mining sector and most importantly our manufacturing sector
00:02:13.800 these somehow do not rise to the occasion of not necessarily a government bailout which
00:02:19.080 none of them have asked for but somehow it's too much to ask the government to support and preserve
00:02:24.920 those industries which are integral to our national security issue
00:02:29.000 And yet somehow condos in Vancouver, that is a national issue for Canadians.