2025 Federal Election
Columnist warns Carney Liberals will consider a home equity tax on primary residences

From LifeSiteNews
The Liberals paid a group called Generation Squeeze, led by activist Paul Kershaw, to study how the government could tap into Canadians’ home equity — including their primary residences.
Winnipeg Sun Columnist Kevin Klein is sounding the alarm there is substantial evidence the Carney Liberal Party is considering implementing a home equity tax on Canadians’ primary residences as a potential huge source of funds to bring down the massive national debt their spending created.
Klein wrote in his April 23 column and stated in his accompanying video presentation:
The Canada Mortgage and Housing Corporation (CMHC) — a federal Crown corporation — has investigated the possibility of a home equity tax on more than one occasion, using taxpayer dollars to fund that research. This was not backroom speculation. It was real, documented work.
The Liberals paid a group called Generation Squeeze, led by activist Paul Kershaw, to study how the government could tap into Canadians’ home equity — including their primary residences.
Kershaw, by the way, believes homeowners are “lottery winners” who didn’t earn their wealth but lucked into it. That’s the ideology being advanced to the highest levels of government.
It didn’t stop there. These proposals were presented directly to federal cabinet ministers. That’s on record, and most of those same ministers are now part of Mark Carney’s team as he positions himself as the Liberals’ next leader.
Watch below Klein’s 7-minute, impassionate warning to Canadians about this looming major new tax should the Liberals win Monday’s election.
Klein further adds:
The total home equity held by Canadians is over $4.7 trillion. It’s the largest pool of private wealth in the country. For millions of Canadians — especially baby boomers — it’s the only retirement fund they have. They don’t have big pensions. They have a paid-off house and a hope that it will carry them through their later years. Yet, that’s what Ottawa has quietly been circling.
The Canadian Taxpayer’s Federation has researched this issue and published a report on the alarming amount of new taxation a homeowner equity tax could cost Canadians who sell their homes that have increased in value over the years they have lived in it. It is a shocker!
A Google search on the question, “what is a home equity tax?” returns the response:
A home equity tax, simply put, it’s a proposed levy on the increased value of your home, specifically, on your principal residence. The idea is for Government to raise money by taxing wealth accumulation from rising property values.
The Canadian Taxpayers Federation has provided a Home Equity Tax Calculator Backgrounder to help Canadians understand what the impact of three different types of Home Equity Tax Calculators would have on home owners. The required tax payment resulting from all three is a shocker.
Keep in mind that World Economic Forum policies intend to eventually eliminate all private home ownership and have the state own and control not only all residences, but also eliminate car ownership, and control when and where you may live and travel.
Carney, Trudeau and several other members of the Liberal government in key positions are heavily connected to the WEF.
2025 Federal Election
Post election…the chips fell where they fell

From William’s Substack
William Lacey
I put a lot of personal energy into this election, trying to understand why it was that Canadians so wholeheartedly endorsed Mark Carney as their new leader, despite the fact that it was the same party who caused irreparable economic harm to the economy, and he has a similar philosophical outlook to the core outlook of the party. I truly believe that we have moved to a phase in our electoral process where, until something breaks, left leaning ideology will trump the day (pun intended).
Coming out of this election I have three questions.
1. What of Pierre Poilievre? The question for Conservatives is whether the wolves feed on the carcass of Poilievre (in my opinion the worst enemy of a Conservative is a Conservative) and initiate the hunt for a new leader (if they do, I believe the future should be led by a woman – Melissa Lantsman or possibly Caroline Mulroney), or does Poilievre move to Alberta and run for a “safe” seat to get back into the House of Commons, change his tone, and show people he too can be Prime Ministerial? His concession speech gives clues to this.
2. What of Mark Carney? Maybe (hopefully) Carney will see the light and try to bring the nation together, as there is an obvious east-west split in the country in terms of politics. Time will tell, and minority governments need to be cautious. Will we have a Supply and Confidence 2.0 or will we see olive branches extended?
3. What of the House of Commons? As I have mentioned previously, there has been discussion that the House of Commons may not sit until after the summer break, meaning that the House of Commons really will not have conducted any business in almost a year by the time it reconveens. If indeed “we are in the worst crisis of our lives” as Prime Minister Carney campaigned on, then should we not have the House of Commons sit through the summer? After all, the summer break usually is for politicians to go back to their ridings and connect with their constituents, but if an election campaign doesn’t constitute connecting, what does?
Regardless, as the election is behind us, we now need to see what comes. I will try to be hopeful, but remain cautious. May Canada have better days ahead.
Thanks for reading William’s Substack!
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2025 Federal Election
In Defeat, Joe Tay’s Campaign Becomes a Flashpoint for Suspected Voter Intimidation in Canada

Sam Cooper
Canadian police initiated review of campaign complaint.
In one of the most closely scrutinized races of Canada’s 2025 federal election, Joseph Tay—the Conservative candidate identified by federal authorities as the target of aggressive Chinese election interference operations—was defeated Monday night in Don Valley North by Liberal Maggie Chi, following a campaign marred by threats, suspected intimidation, and digital suppression efforts.
The Bureau has learned that Canadian police last week reviewed complaints alleging that members of Tay’s campaign team were shadowed in an intimidating manner while canvassing in the final days of the race. The status of the incident review remains unclear.
With over 20,000 votes—a 43 percent share compared to 53 percent for Liberal Maggie Chi—Tay nearly doubled the Conservative Party’s 2021 vote total of 12,098 in this riding.
Last Monday, federal intelligence officials disclosed that Tay was the subject of a highly coordinated transnational repression operation tied to the People’s Republic of China. The campaign aimed to discredit his candidacy and suppress Chinese Canadian voters’ access to his messaging through cyber and information operations.
That same day, federal police advised Tay to suspend door-to-door canvassing, according to two sources with direct knowledge, citing safety concerns. Several days later, Tay’s campaign reported to police that a man had been trailing a door-knocking team in a threatening manner in a Don Valley North neighbourhood.
Following The Bureau’s reporting, the New York Times wrote on Sunday: “Fearing for his safety, Mr. Tay… has waged perhaps the quietest campaign of any candidate competing in the election. The attacks on Mr. Tay have sought to influence the outcome of the race in Don Valley North, a district with a large Chinese diaspora in Toronto, in what is the most vote-rich region in Canada.”
In a twist, in neighbouring Markham–Unionville, Peter Yuen—the Liberal candidate who replaced former MP Paul Chiang, who had made controversial remarks about Tay being turned over to Chinese officials—was defeated by Conservative candidate Michael Ma. According to Elections Canada’s results, Ma secured the riding by about 2,000 votes.
Tay and his campaign team had conducted extensive groundwork in Markham–Unionville earlier this year, where he publicly announced his intention to seek the Conservative nomination in January. However, the party ultimately assigned him on March 24 to Don Valley North—a riding that, according to the 2024 report of the National Security and Intelligence Committee of Parliamentarians (NSICOP), was the site of serious foreign interference by the People’s Republic of China during the 2019 election.
At 2 a.m., Tay posted a message to X thanking supporters: “By God’s grace, though we did not win tonight, we have already won something far greater—the courage to stand, to speak, and to dream together.”
Signaling he may run again, Tay added: “Our journey does not end here. I remain committed to upholding Canadian values—freedom, respect, and community—and will continue to serve and help build a wholesome, principled community in every way I can.”
Last Monday, SITE—Canada’s election-threat monitoring task force—confirmed that Tay was the target of a coordinated online disinformation campaign, warning in briefing materials that “this was not about a single post” but a “deliberate, persistent campaign” designed to distort visibility and suppress legitimate discourse among Chinese-speaking voters.
The tactics bore striking resemblance to interference allegations uncovered by The Bureau during the 2021 federal election, when Conservative MP Bob Saroya was unseated in Markham–Unionville amid allegations that operatives linked to the Chinese government had shadowed Saroya, surveilled his campaign, and sought to intimidate voters. Senior Conservative officials said CSIS provided briefings at the time warning of what they described as “coordinated and alarming” surveillance efforts.
In Tay’s case, official sources confirmed that Chinese-language platforms circulated disinformation framing him as a fugitive, invoking his Hong Kong National Security Law bounty—set at $180,000 CAD—to portray his candidacy as a threat to Canada.
Earlier this month, The Bureau reported that former Liberal MP Paul Chiang—who defeated Conservative incumbent Bob Saroya in 2021—withdrew as a candidate after the RCMP opened a review into remarks he made suggesting that Joe Tay’s election could spark “great controversy” for Canada because of Hong Kong’s national security charges, and that Tay could be handed over to the Chinese consulate to collect a bounty. Chiang later apologized, describing the comments as a poorly judged joke. However, prominent diaspora organizations and human rights groups condemned the remarks as a disturbing example of rhetoric echoing transnational repression.
According to SITE assessments reviewed by The Bureau, coordinated suppression efforts were particularly acute in Don Valley North, where Tay’s online visibility was sharply curtailed across Chinese-language social media ecosystems.
The status of the RCMP’s review into Chiang’s remarks—and a separate complaint to Toronto police alleging that Tay’s campaign staff may have been intimidated while canvassing—remains unclear.
With Mark Carney’s Liberals securing a narrow minority and Canada’s political landscape growing increasingly polarized—against the backdrop of an intensifying cold war between Washington and Beijing—some pundits predict voters could be heading back to the polls sooner than expected. Whether election threat reviewers will now dig deeper into China’s suspected interference in this and other ridings remains an open question.
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