In this episode of the podcast, I'm joined by Sean Fraser, Minister of Housing, Infrastructure, and Communities, to talk about the housing crisis in Canada and how the Liberal Party of Canada is failing to solve the housing shortage.
00:00:00.000I think you know that the Liberal Party of Canada is intellectually bankrupt by the fact that they keep rolling out Housing Minister Sean Fraser to talk about the Liberal government's housing agenda.
00:00:11.760Like, if I'm running the Liberal Party of Canada, the two rules I would immediately make up on day one is that Sean Fraser isn't allowed talking and nobody's allowed talking about housing.
00:00:22.140Because those two things are deeply unpopular.
00:00:24.920Sean Fraser, despite the fact that the Liberal Party keeps trying to market him like Trudeau 2.0 and that the housing agenda is helping get Canadians into affordable homes, it's all a lie.
00:00:39.700And now Sean Fraser has this weird, like, fan edit video on his ex account where he's, like, trying to market himself as, like, a cool, like, hot, successful guy helping Canadians get into a home.
00:00:51.960And it's just, one, incorrect, and two, nobody's buying it.
00:00:56.220And when nobody's buying it, you've got to stop trying to sell it.
00:00:59.580So Sean Fraser in this expo says, home ownership shouldn't be a pipe dream.
00:01:03.820You shouldn't have to take another job just to make your rent.
00:01:06.660No Canadian should go to bed without a roof over their head.
00:01:09.660Over the last year, we've been working to solve this crisis.
00:01:14.020And can I please just say, before we get to the video here, and hopefully this video doesn't get hit with a copyright strike because they keep playing a lot of music in their videos.
00:01:22.860Like, why would you say, over the last year, we've been working to solve this crisis.
00:01:27.080So are you admitting that you haven't been taking the crisis seriously for the past year?
00:01:32.360Like, this is just, like, only until the past year you've been taking it seriously.
00:01:37.640Only this last year we've been trying to solve it.
00:01:39.880Really, what he doesn't want to admit here is that this is, like, version three of the Liberals' attempt to try and lower the price of housing.
00:01:48.380It doesn't work because their immigration rates are crazy high.
00:01:51.360Sean Fraser should know this because he was literally the immigration minister who ended up contributing to these massive one million spikes in population over a single year.
00:01:59.680But the idea that we're going to pretend that now we're taking the issue seriously, now we're going to try and make sure that we can lower the price of housing, it's like, it doesn't work.
00:02:10.420And now there's this really cringy video that goes along with it that, if anything, I find most people just think as insulting, knowing how badly they've been performing on this portfolio.
00:02:20.880The Honorable Sean Fraser, Minister of Housing, Infrastructure, and Communities.
00:02:27.780Today we're announcing a new path forward, and we're starting here in London.
00:02:31.400We're going to use federal leadership and federal funding to change the way that cities build houses.
00:02:36.580How is that different from what they were doing previously?
00:02:39.960Previously, the Liberals' plan was, through liberal leadership and funding, we're going to get more houses built.
00:02:46.420They've done that in different iterations for, like, the past five or six years.
00:02:51.100It hasn't helped because to even take federal money, you must now follow federal regulations.
00:02:55.820And to follow federal regulations, you need a lot more lawyers, consultants, and other people who get to pay out a lot of that federal money to just get anything underway.
00:03:06.080So it ends up just being completely worthless.
00:03:08.380It's like back in 2009 when Barack Obama became the U.S. president.
00:03:11.800His stimulus package to build infrastructure around the United States and create shovel-ready jobs was a complete, like, clown show because in order to get the money, you had to follow so many increased federal labor regulations, environmental regulations, and all this other stuff that you burned through all the money just hiring people to help you navigate all the rules, help you, you know, work with unions to get your labor from unionized workers only because that was a federal regulation.
00:03:39.320All this other stuff. That's exactly what's happened here. And that's why housing, house bills have not gone up.
00:03:46.020Yes, it will go up a little bit one year, but that's compared to the previous years where it's been down.
00:03:50.540So even when progress is made, it's only a little bit of progress compared to the previous year, which is not progress at all because it's been going down for multiple years.
00:03:58.840And we've barely ticked up. In fact, in some places in Canada, housing starts are actually going down.
00:04:04.220But I'll show that chart in just a little bit here.
00:04:06.360Vancouver has become the latest city to make a housing deal with the federal government.
00:04:10.460Taiwan has become the second municipality in Canada to sign on how it's going to happen.
00:04:14.460And the federal government has struck a deal as Toronto grapples with the housing affordability crisis.
00:04:19.400New construction for apartment buildings, rentals specifically are going to be exempt from the GST.
00:04:28.920I think you get it. I think you get it after just watching that little bit of that video.
00:04:35.420The idea that you're going to like swap people with like all these little things we've done.
00:04:39.300Look, we've signed a deal with this city and that city and this city.
00:04:41.900And we have new GST, we have the new GST rebates and all this other stuff.
00:04:45.700The problem is people are still paying $1.3 million for a crack shack in Vancouver.
00:04:52.420And so nobody's looking at this and being like, wow, they're really working hard because you at the end of the day have to balance all of your costs.
00:05:01.000And when you see that nothing's really improved for you as an individual, you're not going to look at this video and say, wow, Sean Frazier is so inspiring.
00:05:08.560Man, he's a good egg. He just knows what he's doing.
00:05:11.900Nobody looks at this and thinks that this guy is in control and knows and is helping the problem at all.
00:05:18.820And I'm going to bring up the chart now here.
00:05:22.200This is the performance this year, and this is only 2024 so far.
00:05:26.240So they are still at the end of the year.
00:05:28.380This could also turn even more negative than it is.
00:05:30.920Housing starts are up 7% this year so far.
00:05:33.660I will note that housing starts last year and the year before were down 5% or 6% per year for the last three years.
00:05:42.160So this isn't even like a good number.
00:05:44.120This is just like what it was like back in 22 when housing starts were also down.
00:05:48.580But housing starts are down in Manitoba, Saskatchewan, Ontario, BC, and they're only up in Quebec and Alberta in terms of major population centers.
00:05:56.360This has not been successful, and you could probably give credit more so to Premier Legault and Premier Smith and previously Kenny for housing starts being up in those two provinces.
00:06:07.940Because if nationally, housing starts are not consistently up everywhere, obviously the program isn't working.
00:06:14.700I always hate when I see people and they're like, housing starts are up in Alberta, and they're up in Quebec, and they're up nationally 7% in Canada.
00:06:22.860Okay, well, why are they down in Ontario, BC, Manitoba, and Saskatchewan?
00:06:28.300Oh, it must be a provincial government problem.
00:06:30.640Like, well, so it's the provincial government doing it.
00:06:33.340Because it seems like it's the provincial government driving the success.
00:06:36.140Because, in fact, the Housing Accelerator Fund deals were made quite recently in Alberta.
00:06:42.860They've been actually in place longer in places like BC and Ontario.
00:06:47.520And so, really, what this probably tells me is that when the federal government started meddling in those jurisdictions, those provinces started having house starts fall.
00:06:57.000But anyways, now I want to jump over to Pure Polly of responding to Sean Frazier and absolutely destroying the man.
00:07:06.040But this is what Pure Polly of says in response to Sean Frazier's post and his video.
00:07:11.940And he says, Sean, you have made housing a pipe dream by doubling the costs.
00:07:16.180You're an immigration, quote unquote, out of control to quote your cabinet colleagues before you became housing minister and spent billions building bureaucracy.
00:07:23.700Now you put out a vanity video of your best photo ops to put lipstick on the pig.
00:07:29.420And that's exactly what that video looked like.
00:07:34.160It just looks like Sean Frazier is basking in the sun, basking in the light of achievements he hasn't actually achieved.
00:07:42.700It's just signing deals about nothing that we have not even seen if there's any fruits to it yet.
00:07:48.160Just because housing starts are up in Alberta and Quebec, where not a lot of housing deals have been signed, does not actually mean the federal program is working.
00:07:56.780The federal program is simply living vicariously through the work that the provinces are already doing or not doing, depending on the location.
00:08:04.880Anyways, oh, now I want to jump over to what Sean Frazier said in response to this, because it was also embarrassing.
00:08:11.560Well, he's like posting photos of Polly of holding up a piece of wood and talking about inflation, because I guess this is supposed to be embarrassing for for pure Polly of or something.
00:08:21.560So we have Sean Frazier here saying, pure.
00:08:26.120I hope it gives you a break from using incel hashtags to find friends online begging for the attention of the far right and posting weird wood videos.
00:09:23.160It's going back to the stupid thing that when Polyev posted a video, one of his communications people was just adding hashtags and they add the hashtag MGTOW, which MGTOW stands for men going their own way.
00:09:35.940So it's like some anti-feminist thing.
00:09:47.180That he understands how inflation works?
00:09:49.140These people are just bad at politics.
00:09:53.040Like, again, if I was running the Liberal Party, the first two rules I would implement are Sean Fraser's not allowed to talk and definitely nobody's allowed to talk about housing.
00:10:01.520These are just death of issues to talk about for the Liberals because Polyev can just point and say housing prices are doubled.
00:10:09.740And that's all he has to say because it's true.
00:10:12.660And Sean Fraser can't change that at all.
00:10:15.460I'm trying to work on how I say Fraser.
00:11:04.640The guy's running away from us now, even though he was the one who started the lawsuit over absolutely nothing.
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00:12:07.660Anyways, that should be it for me today, guys.