Juno News - May 03, 2024


Trudeau blames EVERYBDOY except himself for housing crisis

Topics
housing crisis solutions
Poilievre kicked out of Parliament for calling Trudeau a “wacko” Calgary wants voting for non-citizens

Episode Stats


Length

7 minutes

Words per minute

134.29

Word count

1,007

Sentence count

—

Harmful content

Misogyny

1

sentences flagged


Summary

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

Learn English with Justin Trudeau. Prime Minister Justin Trudeau has been Prime Minister of Canada for the past four years, and in that time, he has been the Prime Minister and Finance Minister, the Finance Minister and the Minister of Finance. In this episode, Justin Trudeau talks about the housing crisis in Canada, and why it is so important that governments have not done enough to address it.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Topics generated with Qwen2.5-3B-Instruct.
00:00:00.800 if we could go back to the housing crisis that we're in now just sort of as an overview i wanted
00:00:06.960 to run this past you in 2015 when you became prime minister the average house in hamilton was about
00:00:13.760 three hundred and thirty four thousand dollars 2024 it's eight hundred and fifty thousand
00:00:19.120 beyond the reach of many people what happened how did governments let this happen um boy we could
00:00:26.880 talk about uh the global economy the inflation crisis that came from the fact that we had a
00:00:32.800 once in a century pandemic that had a huge impact on all of our lives we could talk about the labor
00:00:40.720 shortages that we're facing that continue to mean we need to grow our population we're to continue to
00:00:45.120 talk about uh inflation crisis around the world that has led to higher interest rates that have
00:00:49.600 slowed things down we can talk about the fact that canada has only about four percent of four
00:00:56.640 affordable housing stock across the country whereas comparable countries like france or the uk
00:01:04.160 have on the range of 17 or 18 percent affordable housing decisions taken by governments of all
00:01:12.640 stripes over decades have led to this moment particularly the previous government in which
00:01:23.040 pierre polyev was actually housing minister that explicitly said the federal government has should
00:01:29.760 have absolutely nothing to do with building affordable housing or creating affordable housing
00:01:36.720 it's not rocket science to see that decisions particularly in something like a housing market
00:01:42.560 that are taken years ago have impacts for years for decades for generations to come
00:01:48.640 so the question we have to ask is given absolutely the fact that there is a crisis in housing right now
00:01:57.440 and that crisis is best defined by the fact that these young people who are working incredibly hard
00:02:04.480 many of them at great jobs don't have the same opportunities that canadians in their position just 20 years ago
00:02:14.400 would have to be able to buy a home there's something wrong with the way the system is built
00:02:22.080 so the question canadians should ask themselves or the way the system has evolved the question people
00:02:27.120 should ask themselves is who's going to fix that system who has a plan to actually fix that system
00:02:35.840 now let's take a very simple example to contrast the conservative and the federal liberals plan
00:02:41.680 the conservatives have said we should use public land sell it to the highest bidder bidder so that
00:02:48.720 they can create housing on it which sounds at the surface of it like that's a reasonable thought
00:02:55.040 bring in a little more money for government coffers and get some more housing built except if you're
00:03:00.240 selling public land to the highest bidder that developer who bought that land at top dollar
00:03:08.080 is not going to be building affordable housing on it not going to be building affordable rentals on it
00:03:14.560 and that's the fundamental problem with the approach the conservatives continue to take
00:03:19.680 that they think if you give tax breaks and advantages and benefits to the wealthiest it'll all trickle
00:03:25.680 down to everyone else except it doesn't it never has so our approach on that exact same problem
00:03:34.080 is to say let's actually take that public land and lease it for 99 years to developers or non-profits who
00:03:45.040 then won't have had to pay much for the land and can then build affordable homes particularly because
00:03:51.760 we'll force them to build affordable housing on those lands that's a way of solving a piece of the 0.92
00:03:59.920 housing crisis choosing to invest in cities abilities to increase densification and accelerate
00:04:07.040 the construction of housing with a four billion dollar fund that's our approach to work with cities
00:04:13.680 to solve the housing crisis mr polyev support approach on that is to cross his arms and say not
00:04:21.120 only are we not sending you the housing accelerator fund money we won't send you any other money unless you
00:04:28.480 figure out how to solve the housing crisis on your own is that how you're going to solve the housing
00:04:34.880 crisis no it's an unreasonable plan that is focused on actually having government do less to help
00:04:42.960 canadians to invest in the future and that's even more nonsensical as an approach
00:04:52.000 given the fact that the entire core message of the conservative party of canada is that somehow canada is
00:05:02.880 broken and the investments this government has made over the past years has rendered us into a horrific
00:05:09.760 fiscal position now the reality is yes canadians are squeezed right now but that's why it is important
00:05:18.720 for governments to step up on things like free dental care for seniors cutting child care fees in half
00:05:27.600 delivering free insulin and free prescription contraceptives stepping up with programs that
00:05:34.800 bring in global investments whether it's stillantis or volkswagen or honda or what have you right across
00:05:40.960 the country these are decisions we're taking because we can because canada despite what mr polyevs has has
00:05:50.720 the best fiscal position in the g7 the lowest deficit the lowest debt to gdp ratio the size of our debt
00:06:00.720 as proportion to the size of our economy is lowest and getting lower moody's yesterday one of the
00:06:08.880 independent bond rating agencies so you don't have to take my word for you have to take his word for it
00:06:13.760 you can look to the experts has said canada has confirmed its triple a rating we are the third largest
00:06:20.480 economy in the world after the u.s and germany with a triple a credit rating it means we have a responsible plan
00:06:28.240 even with or perhaps because of all the investments we're making in supporting canadians through this
00:06:36.320 so when pierre polyev throws up his hand and says everything's broken we should just be really mad
00:06:44.240 without actually offering any solutions for these young people while he continues to play footsie
00:06:52.560 with extremist white nationalist organizations you begin to see the kind of
00:06:59.680 unreasonable leadership that he's proposing
00:07:06.320 in the way to the higher