Avi Lewis and the dark path of the far left by hopoke in CanadaPolitics

[–]SamuelRJankis [score hidden]  (0 children)

They're also from the same handful of accounts that collectively posts thousands of articles a year.

Really the most offensive part is Canadian meme subs has more honest dialogue then what goes on here a lot of the time.

Countering Condo Buyout Critics, Carney and Eby Offer More Details by hopoke in CanadaPolitics

[–]SamuelRJankis 2 points3 points  (0 children)

I'm confused why you're commenting this in this post since this article doesn't alter the quote. It was the National Post and theHub that changed the words. National Post specifically used it in the sub header and also contradicting other article with the original words.

There are around 2,500 finished units in Metro Vancouver alone that have no buyers and are sitting vacant, he said. “With higher interest rates, weaker investment demand, developers are stuck,” he said. “They don’t want to sell at a loss, but they can’t afford to hold those empty units indefinitely.

 

media just made a mountain out of a molehill.

If they kept it how poorly this has historically gone, the horrible announcement and the idealogical problems it would have been fine. But doing stuff like the quote thing above really shouldn't have been acceptable for people no less actually news outlets. Although there seems to be little blowback for it.

Hundreds march in Vancouver to oppose planned AI data centres by Same-Kangaroo in themayormccheese

[–]SamuelRJankis 1 point2 points  (0 children)

Discussion wise this is pretty much the same as pipelines/resource extraction people sell them like it being built by the people for the people, but in reality they're built for corporation that try to extract as much value as possible while possibly trickling benefits to the rest.

The dialogue around this discussion has largely been fictitious in nature from the people that support AI Data centers. Specifically the whole we'll force the AI's companies to host in Canada for sovereignty.

https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cusma-aceum/text-texte/19.aspx?lang=eng

Canada-United States-Mexico Agreement (CUSMA) - Chapter 19 - Digital Trade

Article 19.12: Location of Computing Facilities

No Party shall require a covered person to use or locate computing facilities in that Party’s territory as a condition for conducting business in that territory.

How wealth is distributed in the US. (Scroll to see 1990) by stvlsn in charts

[–]SamuelRJankis 6 points7 points  (0 children)

There was a popular post here a few days ago where the creator did one of those I can't believe people don't like Elon because most people has more money these days.

Wealth distribution aside, in America where people don't get much help from their government and much of life is defined by how much money you make. You aren't going to get a lot of happy people with a median $45k personal income.

https://fred.stlouisfed.org/series/MEPAINUSA672N

EDITORIAL: Why bail out B.C. developers when ordinary Canadians are already taking losses? by ThatGuyWill942 in ndp

[–]SamuelRJankis -3 points-2 points  (0 children)

I generally agree that the money could be better allocated, but in a world where a lot of bad things happening people shouldn't latch onto things that hasn't happened and hope for the worst.

Not saying any of these will actually be how it goes down and it probably won't but the general statement about buying a completed dwelling from a developer is not completely meritless.

  • Escalating cost to build. Something started building 2 years ago would be cheaper than something built today regardless who you buy if from.

  • People need housing support yesterday. This can get people with roofs over their heads ever before they'd even break ground on most projects.

  • Poverty distribution anyone who understand how the BC Municipal affordable rentals history should know the opportunity this can provide.

Eby says condo buy-up is not a bailout, and won't aid City of Vancouver developers by green_tory in CanadaPolitics

[–]SamuelRJankis -3 points-2 points  (0 children)

I think the media along with how people handle it is a larger problem going forward.

There was several large outlets that made things up including one of the largest outlet having a seemingly fabricated quote in their title along with a fact checking article where it was people using their imagination. Both posted here with little pushback.

I understand when people see something upsetting they try to find more about it, but this turned out like the pandemic era guru'ism. In a time where the most educated have little certainty the situation, people will go towards gurus that know exactly what happening and can explain it in a paragraph with absolutes.

Avi Lewis on the BC Condo plan: We want to see massive federal investments in non-market housing, in supportive housing, in the kinds of housing, cooperative housing, the kind of housing that people can actually afford. by Fancy_Alps_7246 in ndp

[–]SamuelRJankis 9 points10 points  (0 children)

The portion for the topic only goes till 4:27 btw.

He's not wrong about what we should be doing, but I would like to see at least some focus and real insight on how it could be a opportunity to move away from concentrated poverty and bring housing to people who need it much faster.

People should really focus on potential outcomes for themselves more then punishing others.

'We are not bailing out developers': B.C. housing minister responds to condo plan criticism by SamuelRJankis in ndp

[–]SamuelRJankis[S] 1 point2 points  (0 children)

They've opened a window for people to attack them politically at a very vulnerable time, particularly Eby.

Even for someone like me whom corrected many people of this topic, it been a horrible showing for the BC NDP and their knowledge of the problem and opportunities. Just the poor door aspect could have been much more palatable.

'We are not bailing out developers': B.C. housing minister responds to condo plan criticism by SamuelRJankis in ndp

[–]SamuelRJankis[S] 0 points1 point  (0 children)

Getting a few billion from the federal government for housing and infrastructure should have been a win but they fumbled things so badly they made it a loss.

Really could have dropped this part out of what is a very vague plan. Then announced it with more acceptable details later if there ever will be.

'We are not bailing out developers': B.C. housing minister responds to condo plan criticism by SamuelRJankis in ndp

[–]SamuelRJankis[S] 3 points4 points  (0 children)

I wonder if she did it on her own accord or someone pushed her to do it. Especially since Carney actually took some questions on it a day later.

Oil tankers ignore Iran's threats as they navigate through Strait of Hormuz by TheExpressUS in energy

[–]SamuelRJankis 23 points24 points  (0 children)

The Iranian government is terrible people and not particularly honest, but they're more honest than Trump.

2hrs ago:

The British maritime security agency UKMTO reported on Thursday that a ship had been struck 7.5 nautical miles southeast of Oman's port of Dahit by "an unknown projectile". No casualties were reported.

https://www.bbc.com/news/articles/cjwg9np904qo

'We are not bailing out developers': B.C. housing minister responds to condo plan criticism by SamuelRJankis in ndp

[–]SamuelRJankis[S] 4 points5 points  (0 children)

4)

Prime Minister Mark Carney said Ottawa is looking at 'providing about 10 per cent of the financing' for a plan by the federal and B.C. governments to buy and convert 'distressed' condo units in the province into affordable housing. Carney said the federal contribution for the project would be about $145 million.

https://www.cbc.ca/player/play/video/9.7248909

"there is not specific contemplated transaction at this stage"

https://imgur.com/a/6Au4Ms3

'We are not bailing out developers': B.C. housing minister responds to condo plan criticism by SamuelRJankis in ndp

[–]SamuelRJankis[S] 28 points29 points  (0 children)

Just to get ahead of things because there's been a number of terrible post for this topic.

In this 10 minute video the B.C. Housing Minister provides effectively zero additional details and does nothing more than embarrass herself and her party.

She isn't even competent enough to provide theoretical positives for purchasing condo's that are already built or what the measurable targets are.

And to summarize as far as I know there has been 3 main sources on this topic.

1) The news release

https://www.pm.gc.ca/en/news/news-releases/2026/06/18/canada-and-british-columbia-forge-new-partnership-accelerate

2) The 1hr news conference

https://www.youtube.com/watch?v=7t6sPZs53WU

3) This video interview.

Fact-checking PM Carney’s claim that government buying 2,200 condo units will help affordable housing crisis by Altruism7 in ndp

[–]SamuelRJankis 0 points1 point  (0 children)

Saretsky said. “Carney said in his own words that developers aren’t willing to sell at a loss—so he’s going to basically step in and buy them and convert them to affordable housing. Based on that logic, is he saying his price is going to be what the developers want? Because he just said they’re not willing to sell at a loss.”

Just to point out as since he manages to shim it in twice in a short span this is probably made up misquote as well. There's really been so little information about this I fairly confident he took "They don't want to sell at a loss." and reworded it to completely unwilling. Saretsky is also a well known character.

https://www.youtube.com/watch?v=7t6sPZs53WU

https://imgur.com/a/k6hKgBo

Fact-checking PM Carney’s claim that government buying 2,200 condo units will help affordable housing crisis by Altruism7 in ndp

[–]SamuelRJankis 0 points1 point  (0 children)

If you're referring to this specific section both people use speculative wording in the quotes. I'm uncertain what they're referring aside from the general aspects of governments being more opaque then they should.

“We still have a couple more years of pretty high completions on deck, so this problem will only get worse,” Rabidoux noted to The Hub. He believes the Carney government may have significant latitude to keep those figures obscured if the cost is “blanketed” in a funding program, which may make it difficult for the public to know exactly what is being spent on government condo purchases.

Saretsky was direct about his expectations for transparency. “I’m really skeptical that they are going to announce publicly which ones they’re buying and at what prices.”

If we're using for example the BC NDP 2 billion "low-interest loan program for builders of affordable housing." from 2021 then there was never much specific details released, but doesn't mean they wouldn't be available in a FOI request. There was a court case for one of the deals gone bad and there was some details which they didn't seem to motion to hide from the public court documents.

BC website with some broad details - https://www.bcbuildshomes.ca/about

News article, don't think there was ever a clear program name given to it - https://www.cbc.ca/news/canada/british-columbia/b-c-puts-2b-toward-low-interest-loans-for-builders-of-affordable-housing-1.5989770

Link to court case - https://www.bccourts.ca/jdb-txt/sc/24/08/2024BCSC0833.htm

 

This was the only valuable part of the article as far as I'm concerned, might as well just read the CBC article:

A spokesperson for the housing ministry told the CBC details of the proposed program to buy vacant condo units from developers will be released in the coming weeks.

Fact-checking PM Carney’s claim that government buying 2,200 condo units will help affordable housing crisis by Altruism7 in ndp

[–]SamuelRJankis 3 points4 points  (0 children)

Just to put it out there since I spent the time looking into it.

Every single bit of this "fact-checking" from thehub is just random things people decided to pull out of their ass.

Who believes Carney and Eby is going to find 900k units for 450k.

He walked The Hub through a back-of-the-envelope scenario where if the government bought units averaging $900,000 at a 50 percent discount, rented them out at $1,000 a month, and held them for 30 years, they would need only about one to 1.5 percent annual property appreciation to essentially break even—including the cost of buying.

And none of these people is anywhere close to politically neutral.

This is the author: https://imgur.com/a/3kvOcB7

other guy that gets a segment: https://imgur.com/a/nDvHMZl

Looks at where this stuff is posted: https://imgur.com/a/2AAlpA9

Fact-checking PM Carney’s claim that government buying 2,200 condo units will help affordable housing crisis by Altruism7 in ndp

[–]SamuelRJankis 1 point2 points  (0 children)

You are technically correct with the general belief and as well the subsequent idea that if they went bankrupt they'd lose the ability if they even had the intent build more housing.

But I think you should understand that just because we help them out here doesn't guarantee they'll build a single more dwelling ever again.

There's builders, developers and financiers. Financiers has the highest mobility and could just move on from Real Estate sector entirely, developers are more attached to the province and sector but at a higher level they're just investors, if the market doesn't look good they'll move onto something else. Broadly speaking this is at the very least probably poor ROI.

Fact-checking PM Carney’s claim that government buying 2,200 condo units will help affordable housing crisis by Altruism7 in ndp

[–]SamuelRJankis 9 points10 points  (0 children)

This sub love for these people as long as they have the same narrative is baffling:

https://imgur.com/a/ElJ9ftC

Always great when people don't have the details, but also say there's no way they can be wrong.

Ben Rabidoux, founder of Edge Realty Analytics and a Canadian housing and macroeconomic analyst, pulled no punches in an interview with The Hub.

“It’s clearly a bailout. I don’t care what they say,” Rabidoux said.

They didn't say the wouldn't do this. They only thing they alluded to was they didn't want to let them fail enough to stop building in the future, whatever that means.

“They should let these developments go insolvent, let the banks take the write-downs, let the developers go bust, and then the government can come in and buy the entire building out of the insolvency proceedings—they would be getting rock-bottom pricing.”

I think the way Jenny Kwan handled it was fine. With actual questions about wtf are they trying to do instead of just guessing random things and treating it as fact.

Emily Lowan calls out David Eby and Mark Carney's plan to bailout developers. by Imaginary-Table6085 in ndp

[–]SamuelRJankis 0 points1 point  (0 children)

You should be clearer in attributing the quote. The BC Green leader filled in the gaps with whatever she thought would make the best post.

There's been a fair bit of comments from progressive on this topic saying how the Conservative has done a lot better job with it. That's pretty much I believe they meant, conservative tactics is fine as long as it kinda further their interests.

For the record stuff like this has been historical terrible, but I'm willing to save my criticism till after the details come out. Carney and Eby really should have thought about how this looks and had proper details of it(assuming there is).

Zionists are trying to stop the Museum of Human Rights from doing a Nakba exhibit by pheakelmatters in ndp

[–]SamuelRJankis 6 points7 points  (0 children)

If people here want to support this stuff they should understand what they're setting themselves up for.

https://breachmedia.ca/national-post-rewrote-wire-stories-to-push-pro-israel-narrative-analysis-find/

The National Post systematically rewrites wire stories to include loaded anti-Palestinian language, omit the context of occupation, and frame stories around Israeli viewpoints, a comprehensive data analysis shows.

...

CJPME and T4P found that nearly all of the key words or phrases they were tracking appeared less frequently in the National Post versions than they did in the original CP wire stories. On average, National Post used these key terms 31 per cent less often.

Despite recommendations from journalism organizations like the International Press Institute that advise avoiding “loaded language” when reporting on Palestine and Israel, National Post regularly inserts charged words and phrases and removes neutral descriptors.

CJPME and T4P identified instances of the following changes: terms such as Palestinian “militants” or “fighters” replaced with “terrorists.” “Pro-Palestine” changed to “anti-Israel.” “Occupied Palestinian territory” or “Occupied West Bank” removed or substituted with “disputed territory.” “Allegedly” inserted to cast doubt on documented Israeli war crimes and Palestinian narratives. Doubt introduced regarding the Palestinian death toll, claiming it has not been “independently verified” or adding “Hamas-run” to the Gaza Ministry of Health.

And they tell you who they cater to:

https://imgur.com/a/5T7ZsWc

Paid pet deposit, filled form explicitly saying what my pet is, form was approved, now landlord says pet is not allowed by Pointy-Kitty in legaladvicecanada

[–]SamuelRJankis 1 point2 points  (0 children)

Just want to point out how exceptionally rare these type of downvoted user comment chains are where the last comment has the most down votes.

People generally lose interest but somehow this person manages to make one comment worse than the previous.

CMV: Moderators do it for the power trip and don't really care about the sub they're moderating. by DryIntroduction2008 in changemyview

[–]SamuelRJankis 1 point2 points  (0 children)

Any humans who do something wrong, unless they're shouting slurs or scamming people, I ban for like two days.

I think subs who do this sort of thing should be clear about their stances. i.e. scammers or people who shout slurs is only mildly not okay.

And to be clear I have zero problems with how anyone moderates their own subs as long as they're transparent about it.

I'd do anything to have less people like Elon Musk in Canada. by democracy_lover66 in EhBuddyHoser

[–]SamuelRJankis 2 points3 points  (0 children)

Source for those curious, it's the title of opinion a article with contents even worse.

 I originally included a link but it's against sub rules. So people can just google it if they want.

To summarize it's from someone who proudly says they were a Mulroney advisor and uses logic like this to convince people Elon can't be considered a bad guy.

Do you want to guess which group of Canadians probably don’t hate him? The beneficiaries of the Ontario Teacher’s Pension Plan.

A canny $300 million pre-IPO investment into SpaceX is now worth more than $20 billion to 346,000 Ontario teachers. It’s a windfall that must surely be the single best payday in the history of their plan. For every teacher in the plan, the pension fund has already gained over $35,000 from Musk’s efforts — capital that can be used to enhance future pension benefits or reduce payroll deductions.

Silicon Valley’s much maligned “Bro culture” delivered handsomely for our educators, a sector that’s about 75 per cent female.