Connecting Changemakers in Niagara - We're building Niagara's Social Entrepreneurial Community from the ground up. #SENiagara
St. Catharines, Ontario
Joined April 2017
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- Following478
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"It comes as no surprise that the political class has failed to respond to the crisis in any meaningful way. Every Canadian political party is home to landlords with investment properties." jacobinmag.com/2021/06/canad…
SocEntNiagara retweeted
Instead of 'strongly urging' landlords to behave, @fordnation, could you introduce a bill that gives Ontario municipalities the power to set rent caps, and other protections? This gouging issue goes wayyyyy beyond the #Barrie tornado. Housing is a human right, not a commodity.
Premier Doug Ford is "strongly urging" landlords involved in price-gouging rental properties in Barrie, Ont., following a tornado that caused roughly 100 people to be displaced to "stop immediately." barrie.ctvnews.ca/ontario-pr…
SocEntNiagara retweeted
We wholeheartedly agree.
We see mixed-income co-op housing as a key part of the solution to the homelessness crisis. #affordablehousing #homelessness
SocEntNiagara retweeted
On top of that, the "affordable" units are not truly affordable at all. As the article points out, 30% of median household income amounts to "over $2,000 per month."
Giving handouts to wealthy property developers to build unaffordable units isn't working.
#cdnpoli #onpoli
Last week, Prime Minister Justin Trudeau announced “the construction of 302 new affordable rental units” in Brampton, Ontario.
The Canada Mortgage and Housing Corporation has clarified the developer is only building 72.
pressprogress.ca/justin-trud… #cdnpoli #onpoli
SocEntNiagara retweeted
The @liberal_party on the other hand is fine selling off Canadian homes to foreign investors but has introduced a 1% tax if those homes are left vacant
When investors are making double digit returns, 1% is no barrier
But it gives the appearance the Liberals actually care
SocEntNiagara retweeted
24% of newly built condos in Richmond and 19% in Vancouver are owned by foreign buyers.
And we're still debating whether foreign money inflates house prices?
So far only the @NDP and @CPC_HQ plan to introduce barriers on foreign ownership...
vancouversun.com/opinion/col…
SocEntNiagara retweeted
We’re proud to share @wellnesstogethercanada – Canada’s first and only online platform offering free immediate mental health and substance use support for people of all ages. . Help is just one click away. WellnessTogether.ca.
SocEntNiagara retweeted
Good point by @paulkrugman in the @nytimes: “When a millionaire or billionaire evades taxes, this comes at everyone else’s expense: A bigger budget deficit might mean less room for social spending, but it also means less room for legal tax cuts”
nytimes.com/2021/07/22/opini…
SocEntNiagara retweeted
Jerks: Homeless people commit crimes, so we need to disassemble where they meet…
Me: Bankers commit crimes, so we need to disassemble…
#bitcoin
SocEntNiagara retweeted
Recipe for Toronto:
- 49% awesome people
- 40% people that adopt the opinions of their peers
- 0.1% very rich, but mediocre men
- 10.9% mediocre men that don't realize the 0.1% they admire couldn't get a gig as a manager at No Frills without their parent's connections
SocEntNiagara retweeted
The big opioid distributors settled for $26 billion after opioids killed hundreds of thousands of people.
Sounds like a lot. Except the four companies make $26 billion every two weeks.
No one goes to jail, and the penalty is just a cost of doing business
cnbc.com/2021/07/21/drug-dis…
SocEntNiagara retweeted
Wealth in 1991
Richest 1%: $5.2 trillion
Poorest 50%: $0.8 trillion
Wealth in 2021
Richest 1%: $41.5 trillion
Poorest 50%: $2.6 trillion
When they say wealth will "trickle" down they mean it literally.
[source: federalreserve.gov/releases/…]
SocEntNiagara retweeted
I think institutional money is going to cause real problems for housing. The returns are great and much much better than CRE with limited downside. Everyone I know who has rentals it’s getting 5 calls a week. If housing becomes fully financialized households can’t to compete.
SocEntNiagara retweeted
Canada’s hesitancy in confronting PRC is partly assisted by influential people in Ottawa who enjoy lucrative board memberships, or associations with law firms, or well-connected Canadian businesses that have close ties with PRC state business.thestar.com/opinion/contribu… @torontostar
SocEntNiagara retweeted
75% of new jobs require a college degree
33% of workers have a college degree
We need to stop requiring college for jobs that don't require a degree.
As a CEO I care a lot more about experience and your desire to learn than what class you took at 19
washingtonpost.com/opinions/…
SocEntNiagara retweeted
"If housing becomes fully financialized households can’t compete"
There is a segment of people who fully support institutional investors buying up houses
They tend to be land owners who want you to rent their missing middle apartment
You'll own nothing & you'll be happy!
SocEntNiagara retweeted
Tune in to CP24 Tonight at 7:10PM EST to watch @leilanifarha talk #encampments in the City of #Toronto, live with @reshminair & @NewsguyNick.
Watch here (sign-in required): cp24.com/video?clipId=68595
#right2housing #housing4all #housingjustice
SocEntNiagara retweeted
Who knew Canada would take more action on a homeless camp than it would on...
Corruption, drugs, money laundering, tax evasion, and political fundraising dinners with questionable wealthy business executives...
Video moments ago as Toronto Police move in and begin arresting those inside the homeless encampment at Lamport Stadium @CityNews