British Columbia

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Rustad announced they will start with a $1500/month tax rebate for rent and mortgage, increasing each year by $500/mnth to eventually max out to $3000 per month month tax rebate on rent and mortgage.

What kind of a tax refund is NDP promising on rent and mortgage so people with jobs keep more of their own money?

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The title is a bit misleading and makes it sound like it's a one time payment. It's very different, he's promising to exempt up to $3000 a month towards your housing costs from income taxes. Starting at $1500 a month in 2026 and going up $500 a year for 3 more years. At the max, it would be a $36,000 a year tax deduction which is absolutely massive, that's half of the average family income.

Great idea? It's complicated, but probably not a good idea.

When you make something "cheaper" for everyone like this in a supply constrained market, all that does is drive up the prices of rents and housing sale prices since people can now use that freed up money to pay more for those.

Also, his plan to pay for this multi-billion dollar plan is:

“Obviously, we need to take a look at this reckless spending that David Eby has put in place in terms of how to sort of rein in some of that spending,” said Rustad.

So that's not really "fiscally conservative" at all.

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The title is a bit misleading and makes it sound like it's a one time payment. It's very different, he's promising to exempt up to $3000 a month towards your housing costs from income taxes. Starting at $1500 a month in 2026 and going up $500 a year for 3 more years. At the max, it would be a $36,000 a year tax deduction which is absolutely massive, that's half of the average family income.

Great idea? It's complicated, but probably not a good idea.

When you make something "cheaper" for everyone like this in a supply constrained market, all that does is drive up the prices of rents and housing sale prices since people can now use that freed up money to pay more for those.

Also, his plan to pay for this multi-billion dollar plan is:

“Obviously, we need to take a look at this reckless spending that David Eby has put in place in terms of how to sort of rein in some of that spending,” said Rustad.

So that's not really "fiscally conservative" at all.

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This asshole is literally a conspiracy theorist. He says it was about controlling the population, not stopping the spread of the virus.

Which countries (and even provinces) had the fewest covid deaths per capita? Oh.. the ones with the highest vaccination rates.

Everyone with a brain knows vaccines reduce illness, that's why we have the fucking things.

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This asshole is literally a conspiracy theorist. He says it was about controlling the population, not stopping the spread of the virus.

Which countries (and even provinces) had the fewest covid deaths per capita? Oh.. the ones with the highest vaccination rates.

Everyone with a brain knows vaccines reduce illness, that's why we have the fucking things.

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In a press release from earlier this month, the province says it has completed building the "Electric Highway," a network of 155 charging sites and more than 310 fast chargers that are located around 150 kilometres apart along all major roadways in B.C. This effort is part of its climate action plan, CleanBC.

163
 
 

In a press release from earlier this month, the province says it has completed building the "Electric Highway," a network of 155 charging sites and more than 310 fast chargers that are located around 150 kilometres apart along all major roadways in B.C. This effort is part of its climate action plan, CleanBC.

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"That was the methodology of the 1960s and 1970s. It was cheaper, quicker and easier just to put a river in a pipe in the ground and pave it and say, 'we'll deal with it later,'" Cosh said. "Now, it's later."

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"That was the methodology of the 1960s and 1970s. It was cheaper, quicker and easier just to put a river in a pipe in the ground and pave it and say, 'we'll deal with it later,'" Cosh said. "Now, it's later."

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"We've seen very directly thousands of formerly full-time short-term rentals leave the short-term rental market," Wachsmuth said in an interview with CBC's The Early Edition on Wednesday.

But it's still unclear what happens to these units after they are removed from the STR listings.

Wachsmuth said researchers and policymakers will have to wait for the Canada Mortgage and Housing Corporation to release its annual data in order to see the rules' exact impact on vacancy rates and the number of long-term rentals.

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"For too long, the idea of home ownership has been out of reach for way too many people — people who earn a decent income, who are priced out of the market and do not see any path to home ownership," said Premier David Eby, speaking at the project unveiling on Thursday.

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