LinkSoul60

Sure, go with that one... eh 👍

The price point has been established, and yes, NA auto companies can compete in that price range with their low-end EV's. You have a challenge keeping up with what's said... This isn't about building Chinese cars for the cheapest price possible, it's about learning from their technologies and if a Chinese vehicle were to be produced here, it would be with Canadian made parts and Canadian labor, and neither of which are cheap. Our auto sector has been under siege for 2 decades and going back to at least 2007 with capital spending in the auto sector collapsing then. We need to do something if we're going to remain relevant in auto manufacturing. The Canadian auto sector isn't under siege because of China, it's under siege because of the US. They obviously don't want us producing as we have so rather than your preferred plan of rolling over and saying uncle, we're trying a different route to keep people employed.

Simple little mind... go find meme's for other whack jobs and that's your truth. He said 'I developed a practice called forward guidance' meaning he started doing what the BoE wasn't perviously doing. That's probably over your little mind to absorb... He also never said that he 'single handedly saved Canada during the financial crisis. That's just your conservative political schtick trying to say something he didn't. If you believe he did.... show me the cite. He did though play a very big role in monetary policy and ensuring liquidity for the financial system. Harper and Flaherty can be credited with government policy. No, Britain had a massive challenge logistically leaving the EU which lead to economic disruption, labor shortages, and a lack of planning. It wasn't his job 'to save England'. A central bank is responsible for monetary policy, not it's trade and fiscal policies.

Lol... can't answer the question can you. Didn't think so.... His exact words were 'I developed a practice called forward guidance' You really are a stup1d little critter aren't you....

No, facts are facts... a simple google search will show you that 'Housing in Canada became significantly less affordable during Stephen Harper’s tenure (2006–2015)' Live with it kid....

He was talking about the liberal government, eh

You can't accept facts because your head is too far up your conservative äss. Carry on kid....

Appreciate the copy and paste, but I'm aware of what forward guidance is. Carney is widely credited for introducing and adopting 'forward guidance' in central banking at the BoE. His comment wasn't that he 'invented it', he said he 'developed the practice' called forward guidance. Now that you're aware of what forward guidance is, what issue do you have with him communicating the status of trade relationships and what the future intentions are?

You're not a bright guy kiddo... Talk to your parents at dinner tonight and ask them. Do you even understand what forward guidance is?

The Supreme Court of Nova Scotia was responsible for Canadian immigration policy and crime legislation? I don't think so...

Other than laughing at your inability to accept what's in front of you because of your idolizing of Harper, I'm not even sure why I'm playing this stǔpid game with you... Let me know which words don't make sense to you and we can walk through for you to understand. Hint - I bolded the text you need to pay attention to; Vancouver and Toronto were considered highly unaffordable for many residents by 2015. with both cities having already established themselves as the least affordable housing markets in Canada. While affordability was already a significant issue, it had not yet reached the "impossibly unaffordable" crisis levels seen in the 2020s, with detached homes in both cities seeing particularly sharp price increases during that period. Vancouver (2015): Ranked as the 2nd most unaffordable market in the world (after Hong Kong) according to the 2015 Demographia survey. RBC reported that it took roughly 109% of pre-tax household income to cover costs for a single-detached home in Vancouver by late 2015, effectively pushing single-family ownership out of reach for average families. Toronto (2015): Was experiencing a "rapid deterioration" in affordability, marking it as the second least affordable market in Canada. It was rapidly becoming unaffordable for middle-class residents during this time. Context: By 2015, the housing crisis was already mainstream discourse, as homeownership costs had become detached from local wages. Facts are facts kiddo.... housing in Vancouver and Toronto was unaffordable for many, and the cost of home ownership throughout the country was 'detached from local wages'. Sad but true...

You're really digging deep now aren't you... 😂 If you recall, we were talking affordability in Vancouver...so why the Canada stats... did you want to show the impact that the pandemic had because of interest rates and accelerated buying, or....? The pandemic changed the affordability in the housing market, increased costs in all sectors, changed the labour market, created materials shortages, etc, etc... and surprisingly none of that was the Liberals fault.

Keep trying kiddo... and try not to take it personally that housing in some regions was becoming unaffordable in the early 2010's under Harper. Housing affordability rift widened across Canadian markets in Q2 2015: RBC Economics Stretched affordability conditions continued to deteriorate in Toronto and Vancouver, while the rest of the country remained stable at fairly neutral levels Home resales in Canada poised for one of their strongest years on record in 2015 TORONTO, Aug. 31, 2015 - With the exception of Toronto and Vancouver, where the bar to own a home at current prices was set to multi-year highs, housing affordability remained fairly stable across Canada in the second quarter of 2015, according to the latest Housing Trends and Affordability Report issued today by RBC Economics Research. While trends in the national affordability measures have been fairly flat since 2010, RBC reports that Toronto and Vancouver continued to experience strong housing price increases - particularly for single detached homes - in the second quarter, further widening the rift between these two markets and the rest of Canada. "The Toronto and Vancouver markets really stand out because of their elevated and rapidly rising prices, and they are the main factors contributing to further modest erosion in affordability overall in Canada," said Craig Wright, senior vice-president and chief economist, RBC. "Outside of Toronto and Vancouver, affordability levels are close to, or slightly better than, long-term averages, which suggests that housing affordability remains fairly neutral in most of Canada with limited signs of undue stress being exerted on homebuyers." Contrasting regional affordability trends are expected to continue in the near term. RBC says that affordability is likely to deteriorate further in Toronto and Vancouver in the period ahead due to upward price pressure being sustained by tight demand-supply conditions. As for the rest of the country, generally balanced supply demand conditions point to comparatively slower-rising home prices and steadier affordability. Highlights from across Canada: British Columbia: Vancouver skews provincial affordability Rapid home price increases in Vancouver significantly impacted housing affordability in British Colombia in the second quarter. RBC's measures for the province rose more than any other province, up 2.5 percentage points for two-storey homes, 2.1 percentage points for bungalows, and 0.4 percentage points for condominiums. Ontario: Affordability picture continues to be split Owning a single-detached home at market prices in the province has become less and less affordable, while owning a condominium appears to be within reach. RBC's measures showed further deterioration for bungalows (rising by 1.1 percentage points) and two-storey homes (up 0.7 percentage points), while condominiums remain fairly steady (down only 0.1 percentage points). https://www.rbc.com/newsroom/news/article.html?article=124107

It was also very affordable in 1965 when small business was in a growth stage. Ahhhh, the good old days... But yes, surprisingly it was more affordable a decade ago.... except for housing in Vancouver and Toronto which cities accounted for ~24% of our population in 2015.

I'm done arguing this with you. What I've showed you is fact. What is not in debate.... is that you're an idi0t

We're not the only ones Uncle Sam... Other people from around the world either booed or walked out during a speech Lutnick was giving at a private dinner in Davos that was hosted by Larry Fink. Apparently the inherent US arrogance was on full display with him lecturing Europe, which is so American administration to do at a dinner event. This was the night before Trump's speech in Davos that saw people walk on during the blabber from your narcissist in chief. I sense a pattern here of how the world views the US... or just close friends of Epstein.

Give it up kiddo... you're embarrassing yourself. Spin it anyway you want but you see the facts. If you want to pull anecdotal things out of your backend and believe that while the facts say otherwise, have at it. Why so defensive anyway, I'm talking about 11 years ago... things, and the world has changed since then. Like I said, this isn't about Harper. Homes in metro Vancouver (and elsewhere) has been expensive for the last 20 years....Harper and Trudeau. Location may have something to do with it... Take a deep breath, and go have a cookie...

Partially correct... Harper spent to support the Afghanistan mission but after that cut to it to 1%, which is the lowest spending by a PM. The Harper Plan for Unilateral Canadian Disarmament By Michael Byers, National Post. July 15,2014 Despite his tough talk about supporting the troops, Stephen Harper has reduced defence spending to just 1% of GDP — the lowest level in Canadian history. For decades, Canada’s level of defence spending was comparable to that of Denmark, Germany, the Netherlands and Norway (all currently at 1.4%). After the Cold War ended, Jean Chrétien and Paul Martin reduced defence spending to 1.2% of GDP — leading to what General Rick Hillier called a “decade of darkness.” The Afghanistan mission necessitated an increase, with spending returning to 1.4% by 2009. But then Harper cut deep: At 1% of GDP, Canada’s new defence spending peers are Belgium, Latvia and Slovakia. https://www.atlanticcouncil.org/blogs/natosource/the-harper-plan-for-unilateral-canadian-disarmament/ Back to Chinese EV's... Obviously with 25% tariffs the US wants to build the cars there. The supply chain is highly integrated so we're still going to build cars, just less. Rather than saying uncle and accepting that, we're doing the right thing in trying to create more consumer demand and corporate investment. Trump's not a bright guy but the guy who is negotiating (Greer) isn't a trade dummy. I'm sure the cusma agreement will change a bit and be good for everyone and I'd bet today's high sectoral tariffs be adjusted much lower, whenever that may be so this trade thing is behind us and them. Trump needs it behind him too with the majority of American's against tariffs policies, inflation, really high gas prices, and house and senate seats that could/will be lost. Apparently this is the golden age.

You're still an idi0t

What's the difference whether it's a detached home, attached, or a condo. If it the price of either has a high price to income ratio it's all the same...your dollars are stretched. If you want to change it from a $1.25M detached to attached/townhomes that benchmark price was $493K which also stretched the buyers dollars, or was purchased as a lower priced more affordable alternative to a detached home. The major, sustained exodus from Metro Vancouver to the Fraser Valley intensified around 2016, driven by peak housing price-to-income ratios and foreign buyer taxes. A significant secondary surge occurred in 2020-2021, when pandemic-driven remote work and record-low mortgage rates led to the busiest sales year in Fraser Valley history. Don't worry little fella I'm not taking shots at your beloved Harper. My point was that Metro Vancouver was unaffordable for many in 2015 and prior, just like it is today, and not entirely Trudeau's fault as you'd believe.

You're incredibly under-qualified to talk about intelligence, so give it a rest. And typically you feel compelled to default to child mode... You're an idi0t

There are any number of words I can use to describe you but the most fitting is...idi0t Detached Bungalows: For those purchasing a benchmark detached bungalow, the cost reached 88.6% of the median pre-tax household income by mid-2015. Standard Two-Storey Homes: The cost to service a standard two-storey home was even higher, estimated at 90.6% of median income. Housing in Vancouver was unaffordable for many under Harper, just as it's unaffordable for many today. You're an idi0t...

You can't cite, you doubt the guy recorded the call but you've convinced yourself it's true... because you want it to be. BTW... your validation that 'it's fairly obviously' makes zero sense. That's a contradiction, or oxymoron... Let's just keep it as you're a mor0n, which we can all agree on. You're an absolute fool...

Obviously facts don't work for you when they go against your political bias. Bury your head and keep cheering on the team kiddo... you'll get the blue participation ribbon sooner or later.

I know. You and a handful of others remind everyone every day, multiple times. Debatable, and people say a lot of things sometimes but pretty hard to see 25%/35%/50% tariffs coming your way. It is what it is... only sign a deal when it's a good deal us and them. There is no proof of that, or even a mention. Another outta the àss thing? Don't sweat it kiddo.... it will play out as it will. Until then, do what you do.