Trudeau is making life more unaffordable for Canadians
Episode Stats
Words per Minute
173.27164
Summary
In this episode of The Blueprint, Conservative MP Kelly McCauley and Tory MP Tom Kamich discuss the challenges faced by first-time homebuyers, millennials, and families in the housing market. They talk about how the federal government is stifling opportunities for home buyers, and how this is hurting the real estate market.
Transcript
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You're listening to The Blueprint, Canada's Conservative Podcast.
00:00:07.340
The cost of living keeps going up, deficits keep going up,
00:00:11.120
and he has to raise taxes to pay for his out-of-control spending.
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Talk is cheap, except when this finance minister does it.
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It's the fact that he punished two strong women for doing the right thing
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while he moved hell and high water to protect his buddies at SNC-Lavalin
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This is The Blueprint, Canada's Conservative Podcast.
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I'm your host, Jamie Schmael, Member of Parliament for Halliburton Corthalikes Brock.
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Welcome to The Blueprint, Canada's Conservative Podcast.
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With me is Kelly McCauley, the Member of Parliament for Edmonton West,
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Also Tom Kamich, he's the Member of Parliament for Calgary Shepherd.
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Our topic today, and it's a long one, so let's get right into it.
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That seems to be a topic we're hearing a lot about.
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Just general Canadians trying to get by with less.
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Maybe you can tell us a bit about how the CMHC,
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how the government claims they're helping first-time homebuyers
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and people trying to continue on in the housing market.
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Maybe I'll just leave that to you, and you can tell us a bit about that.
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The basics of what I tell people is back in 2015,
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you had a pretty good real estate market going,
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and people were making judicious decisions about how much down payment they needed,
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the type of hope they wanted to do, and everything was within reach.
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You could actually buy the type of home that you wanted,
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So maybe you'd give up an extra room or you'd make some adjustments,
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Today, in 2019, that's not possible anymore for a lot of first-time homebuyers,
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and especially young people, millennials, iGens,
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whatever you want to call that generation that's following the millennials,
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but successive decisions by the federal government have basically pushed them out,
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and a very damaging decision by the liberal government
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And just to make it super simple for people at home,
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you negotiate with your bank because you're responsible,
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is likely going to rise in the next five years,
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It's priced about 100,000 people out of the market so far,
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about 200,000 construction jobs from here until 2021.
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And I think, Kelly, you might be able to add something too.
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with the highest unemployment rate in Canada right now,
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the highest underemployment rate in Canada right now.
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They're still waiting on the oil and gas sector
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the construction of the pipeline that they own,
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And that's the situation a lot of Calgarians find themselves in.
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high unemployment caused by the Liberal policies.
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and again going into the affordability side of it.