this post was submitted on 30 Apr 2025
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[–] [email protected] 6 points 3 hours ago

48 hours after the election there is now open talk of seperatism of Alberta. Because of a minority of albertans.

In an age where where there is precedence to hold sham referendums. Invade your neighbors with shadow armies under the guise of regional separatists. And ultimately annex territory.

The window for Canadian Crimean crisis is still very much open

[–] [email protected] 2 points 17 hours ago (2 children)

A significant portion of the voters for conservative -- I'd hope most -- voted not conservative not because of fear and resentment, but because they believe in conservative fiscal policy.

[–] [email protected] 5 points 3 hours ago* (last edited 3 hours ago) (1 children)

Nope, you're 100% wrong. They voted conservative because the sign said conservative. That's it. That is literally all the reason. About 85% of the people I know voted conservative and when I ask them, it's fuck the liberals I'm voting conservative. That's literally all they think.

[–] [email protected] 1 points 1 hour ago* (last edited 1 hour ago)

I'm imagining you live in Alberta or Saskatchewan. I hear it's like that there every election. Or perhaps you're in a rural riding -- I don't really know anything about how people live there. I'm just thinking big cities.

[–] [email protected] 12 points 16 hours ago* (last edited 16 hours ago)

Conservative fiscal responsibility has always been a lie though. The voters are just not capable of fact checking it.

[–] [email protected] 2 points 1 day ago* (last edited 1 day ago)

we got in this morass because the neoliberal state and its accompanying economy financialized every damn thing

The problem is monetary policy, not deregulation. Deregulation of zoning and housing policy would actually prevent monetary policy from creating such a large housing bubble.

Our Bank of Canada targets a 2% inflation, which means prices need to continuously rise as technology actively reduces goods prices, and we then exclude investments and housing appreciation entirely, and we do hedonic adjustments to discount goods inflation. Then there's likely an element of shrinkflation, as company find tricks to cheapen products or degrade services, which lead to no inflation in the CPI but higher profits and then lower prices.

So the money supply needs to grow via low interest rates, in order to provide a windfall to boomers to encourage them sell their real estate holdings, to create new bank loans, to increase the money supply, which turns into aggregate demand, in order to create inflation in the CPI.

But we can't build enough houses due to reverse neo-liberalism, so housing acts as liquidity sponges for cheap debt, and people hold them as investments in perpetuity since they think prices are always going to go up. Also as interest rates fall inflation falls, as interest expense is included in the CPI while housing appreciation is not, its a feedback loop due to its poorly constructed nature. The Bank of Canada now also buys half of all mortgage bonds to attempt to reverse this, so they're actually printing money in order to cause deflation funnily enough, again due to the absurd way the CPI is constructed.

[–] [email protected] 29 points 1 day ago (6 children)

All this would be solved if the left leaders would actually fix affordability. This is the only real reason I see so many voting right. Nobody can afford shit and they blame the left.

[–] [email protected] 2 points 3 hours ago

Dude it's human nature that's doing it. No government will ever fix affordability. Unless they clamp down totalitarian style, then companies will just not sell here. Left. Right, it doesn't fucking matter, prices are only going up because who is going to stop it?

[–] [email protected] 4 points 17 hours ago (1 children)

The Crown corp and modular homes seems like a pretty great way of adding a lot of affordable homes. I just hope the government lasts long enough for it to actually kick off. It's not perfect and it doesn't solve capitalism, but it will help if executed well.

If I were to bet, I'd say we'll see the effects just in time for an election, and cpc will take over and take the credit.

[–] [email protected] 1 points 11 hours ago* (last edited 11 hours ago) (1 children)

The cost of homes is mostly land value, which is like 80%-90% in large cities. Because of sprawled zoning, bureaucracy, and greenbelt. Second biggest cost is taxes.

[–] [email protected] 2 points 3 hours ago* (last edited 3 hours ago)

Houses are expensive even in bumfuck no where and the point of modular buildings and wartime measures is that it drops a large amount of the bureaucracy without compromising on quality like deregulating would.

I agree zoning and sprawl are problems though, there isn't as much the feds can do about it as it's more a provincial and municipal concern. The planned high speed rail (a Trudeau thing not a carney thing tbf) along the toronto-montreal corridor should help somewhat reduce the sprawl. As someone who lives an hour east of Toronto, I do wish it was planned to extend to me.

[–] [email protected] 12 points 1 day ago

if the left leaders would actually fix affordability

I'm sorry; it's the sole responsibility of the left? Is their "we'll raise the tide a little and float all the boats" not as glamorous as the right's "first we'll cut taxes, bankrupt medical and transit, and then let someone else take it from there" plan?

[–] [email protected] 11 points 1 day ago

That's the key here - the Liberals under Trudeau waited too long to move on affordability, and then they didn't do enough. I hope Carney & co can show quick improvements in housing so the CPC is less attractive.

[–] [email protected] 5 points 1 day ago

It would help if we had some left leaders in the first place

[–] [email protected] 41 points 1 day ago (2 children)

Problem is it's not the left's fault. The world is blaming the leaders but it's happening globally. The real problem is a few have all the wealth.

[–] [email protected] 12 points 1 day ago (1 children)

Capitalism, infinite greed and growth and the resulting wealth inequality. Unaffordablity is the inevitable conclusion of late stage capitalism

[–] [email protected] 3 points 20 hours ago

This right here. This principle is baked into its very core. We know exactly what to do to counter that. It's not rocket science: We need to do away with tricklenomics, and speculative economy and start taxing the ultrarich, and imposing limits to their reach.

[–] [email protected] 19 points 1 day ago (1 children)

Our left leaning leaders should update tax laws to address the growing wealth gap. And start building homes so average Canadians can afford a decent home in a decent location.

[–] [email protected] 13 points 1 day ago (1 children)

Agree completely. Carney is a neoliberal and will not address this problem - I fear the next election people will be unhappy that their life still sucks due to late stage capitalism and vote in Cons out of some desire for change, and they will destroy our institutions like the Americans.

NDP need to step up with a real candidate that will challenge these systems of wealth extraction.

[–] [email protected] 3 points 1 day ago

Sadly I think this could be the beginning of the end for the NDP. They struggled to fill Jack Laytons shoes and though Jagmeet was a less well received leader, I feel they will struggle to fill his shoes too. The Americanization of Canada has already begun.

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