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Bruce Dowbiggin

Getting Real About Justin’s Real Estate Economy. It Won’t Last

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Have you ever been to a concert where a hot new product like Tesla is mentioned and many in the crowd applaud in approval? Have you been at a dinner party when you say you went to a new Thai restaurant, and everyone at the table explodes in rhapsodic glee? Have you ever been to see a comic and he mentions he has the latest iPhone with the nifty camera and people actually cheer?

You see those people cheering a piece of tech or a style of cuisine? Those are the people who believed Justin Trudeau when he told them to sink everything into real estate when interest rates were near zero. They. Will. Believe. Anything. So long as they think it makes them cool kids. Trudeau could say he can control the weather by stopping cows from farting, and they’ll be wearing a bovine flatulence T-shirts pronto.

Now, we can hear you laughing in derision at our skepticism about the real estate-economy that has taken over the nation— the new economy that Justin fed, watered and then bragged about. (To the exclusion of the other cornerstones of our once-dynamic nation state.) The one that will be going to Market one of these days for a meeting with an air compressor.

Again, you laugh. Despite the housing shortage Justin says we can easily accommodate two million new souls a year, no problem. He says Trump was a vile racist for wanting to exclude unhinged radicals from zombie countries back in 2017. The freshly-arrived from Trump’s “shithole countries” with “shithole value systems” and “shithole economies’ will prop up the value of Canada’s two-million dollar cash-cow bungalow in West Van or Etobicoke. And the Happy People believe.

Why? Because Justin and his cabinet are in Control, and they’ll just rein in these types when they get here and start asking that Jews be exterminated or white people surrender the merit system to DEI droogs. That little dustup at the universities where nervous trust-fund virgins claim to be onside with systemic rape? Justin can stop them anytime. Everything is cool. After all, Canada is the model for a postmodern state.

And that stuff about how the Canadian real estate market being 80 percent propped up by drug money, kleptocracy profits and Blackrock? Pshaw. That is just the Far Right Diagolons trying to panic you into hiding your money from the government which just wants to send it to the “shithole” countries in a kickback loop. If nothing else, the banks will save you— if there’s any shareholder value left after this deranged DEI diversion.

Can’t happen here? We know people who were around the EU in 2008 when the U.S. mortgage debacle cratered economies around the world. For years they’d been served by Poles in the service industry, Spaniards in the restaurant kitchens and Bulgarians doing the physical labour. Life was good. Everyone drove a Beemer and owned a condo overlooking the sea.

Then, one day, they noticed that all the airport parking lots were overflowing with Beemers that went unclaimed. No one had paid rent in months. The banks noticed that all these lovely fellow citizens of the EU had drained their savings, reached their cash credit limit on the Mastercard and skedaddled with the dough. Funny, they all must have gone on holidays to once, no?

No. They were gone. Bye bye. Adios. And the credit bubbles in Ireland, Norway, Iceland, France and other EU worthies popped like the champagne they’d been sipping for years on easy credit and idiotic notions of productivity. Nations like Iceland went bankrupt overnight. Counties in England threw their keys on the table. People’s life savings evaporated.

But Justin says that won’t happen here on his co-watch with Jagmeet the Bespoke. Sure, no one under the age of 40 can afford those two-million dollar cash-cow bungalows in West Van or Etobicoke. But those old Boomer geezers will die soon, and after we tax the daylights out of the estate, the kiddos will inherit the house. Probably after we turn it into a four-plex or fine them for having empty bedrooms because they couldn’t afford kids.

One of the ferocious beauties of market economies is their way of periodically turning on themselves when too many people are getting rich too easily. The Canadian RE economy of Justin Trudeau is one of them. It’s about a decade old without any sign of dropping. Life is good. Everyone drives a Tesla and rents a condo overlooking the sea.

Little wonder. Everything he and his faculty lounge of dimwits like Chrystia Freeland, Melanie Joly and Steven Guilbeault have done this decade has been to prop up the value of real estate owned by their real pals in Asia, Europe, the assorted kleptocracies in Africa or the sub-continent. It was like an ad for Chlorox the way these “investors” blithely laundered their dirty money in Canadian condos and low-rises. When news leaked out that mobsters were using casinos in B.C. (where Justin’s maternal side came from) as a laundering station it was covered up very quickly.

But the clock ticks. Even Justin’s former finance minister Bill Morneau is warning that the bubble is going to pop if Justin keeps printing more money to keep the real estate values so unsupportably high. The entire middle class of Canada, which has ridden the real estate train, will see their life savings evaporate like Jody Wilson Raybould’s political career.

No matter. Justin’s been living in government housing since 2015 (some of it with his Mommy). What does a trust-fund nit know about making rent cheques or a mortgage payment? Without Sophie spending like a dervish, he never needs to look at an America Express card again. He’s got 17 more months to build up credits with his future benefactors, and he’s not applying the handbrake now.

Okay, you can applaud now.

Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster  A two-time winner of the Gemini Award as Canada’s top television sports broadcaster, he’s a regular contributor to Sirius XM Canada Talks Ch. 167. Now for pre-order, new from the team of Evan & Bruce Dowbiggin . Deal With It: The Trades That Stunned The NHL & Changed Hockey. From Espo to Boston in 1967 to Gretz in L.A. in 1988 to Patrick Roy leaving Montreal in 1995, the stories behind the story. Launching in paperback and Kindle on #Amazon this week. Destined to be a hockey best seller. https://www.amazon.ca/Deal-Trades-Stunned-Changed-Hockey-ebook/dp/B0D236NB35/

BRUCE DOWBIGGIN Award-winning Author and Broadcaster Bruce Dowbiggin's career is unmatched in Canada for its diversity and breadth of experience . He is currently the editor and publisher of Not The Public Broadcaster website and is also a contributor to SiriusXM Canada Talks. His new book Cap In Hand was released in the fall of 2018. Bruce's career has included successful stints in television, radio and print. A two-time winner of the Gemini Award as Canada's top television sports broadcaster for his work with CBC-TV, Mr. Dowbiggin is also the best-selling author of "Money Players" (finalist for the 2004 National Business Book Award) and two new books-- Ice Storm: The Rise and Fall of the Greatest Vancouver Canucks Team Ever for Greystone Press and Grant Fuhr: Portrait of a Champion for Random House. His ground-breaking investigations into the life and times of Alan Eagleson led to his selection as the winner of the Gemini for Canada's top sportscaster in 1993 and again in 1996. This work earned him the reputation as one of Canada's top investigative journalists in any field. He was a featured columnist for the Calgary Herald (1998-2009) and the Globe & Mail (2009-2013) where his incisive style and wit on sports media and business won him many readers.

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Bruce Dowbiggin

Reverse Discrimination: The Bullying Of Caitlin Clark

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“@TheBabylonBee cheekily sums it up. “Caitlin Clark Canonized As Saint After Performing Miracle Of Making Women’s Basketball Watchable.” 

What a month or so it’s been for basketball star Caitlin Clark as she starts her WNBA career with the Indiana Something or Others. She’s had moments of triumph (30 points in a recent game). And a couple of duds. She’s also been roughed up physically with veteran players flagrantly fouling her, going out of their way to intimidate her physically. Initally, no foul was called on Chennedy Carter.

The League response to all this has been tepid refusal to rein in the veterans. NBA commissioner Adam Silver glibly called it a “welcome to the league” moment. (Clark says no hard feelings.) Most of which has played out in front of sellout crowds in a league that has papered more houses than a dry waller. “Confused WNBA Player Asks What This Huge Crowd Of People Is Doing At Game

And now women’s basketball’s young pole star has been left off the U.S. Olympic basketball team for Paris this July. You’d almost think the stars of the WNBA— a secondary sporting league at best propped up by the NBA— resent her being in their midst. That they fear she’ll break up the cozy LGBTQ/ BLM clubhouse they have going on. But we predicted as much in an April column entitled Now Comes The Complicated Part when her college career ended.

“The most interesting reaction may come from the women already in the WNBA. The intrusion of a white, conservative, straight Catholic woman in their midst won’t sit well in a league where women of that description have been made to feel unwelcome in many dressing rooms. She’ll need a tough hide to survive the resentment of other players who see themselves as the stars and Clark as a product of white privilege.”

That resentment has been naked and ugly from many who see themselves eclipsed by Clark’s obvious drawing power— and by their own inability to break the glass ceiling. “As we have written on multiple occasions, women’s sports has been in search of a marketable messiah to change it  from an ESPN liberal hype to mainstream. For too many in the audience— including women— the image of these sports has become too political. As the gender revolt took hold, fans were turned off by the strident lesbian soccer player Megan Rapinoe and WNBA star Britney Griner who turned every game into a referendum on the latest #BLM talking points. 

“There was a resistance to their defiance and the craven submission of corporate voices infatuated by DEI praise. To some, players on opposing hockey terms marrying each other was jarring. But Clark seems to be breaking the mold. The advertising world will beat a path to her door despite the second consecutive defeat in the Women’s Final. She’ll be honoured with woman athlete of the year and more.”

And, apparently, she’ll be resented for it. Days ago stories claimed that a Clark fan harassed Chicago star Carter and other players when they got off their team bus and outside their hotel. Wonder why? Oh yeah, Carter levelled Clark with the cheap shot.) That stirred the pot until it was revealed that— holy Jussi Smollett— it was all made up. (Must be something about Chicago.)

If you needed more evidence that Clark is living rent-free in the brains of these prima donnas, the rebellion by the veterans of the Olympic basketball team tells you all you need to know. It’s a scene reminiscent of the played-out Rapinoe getting a spot on the U.S. National Women’s team in place of a younger player to placate the team’s “equilibrium”.

WNBA star Cheryl Reeve explained the Clark snub. “I’ve never been in the trenches with her. Not even at a USA Basketball camp. Asking a coach to integrate someone she has no history with, at tournament with highest stakes, is a lot. A lot a lot.” Similar noises came from other resentful players. Which is so much twaddle.

First, Team USA hasn’t lost an Olympic match since 1996. So the twelfth spot is hardly a game changer. Second, you could hire Joyce Behar to coach this team, and they wouldn’t lose. Third, Clark has played on USA FIBA teams winning gold in 2017, 2019, and 2021 with MVP honours . She won Nike Elite national championship during high school. Named Iowa Gatorade player of the year twice. She’s got the resumé.

But she doesn’t tick the right cultural boxes for the WNBA players and their political allies. That’s what happens when players coddled by ESPN and the Title IX zealots call the shots. Noted humanist and hooper Barack Obama made lots of noise about women athletes getting equal pay as their due, but he’s gone mute when black stars acted nasty toward a white athlete.

There’s no question that, having made tin gods of the WNBA players for political purposes, few in authority want to check that privilege. “Women’s basketball decision-makers are not dumb,” writes black journalist Jason Whitlock on X to explain the silence. “They’ve been bullied by the BLM-LGBTQIA+Silent P Alphabet Mafia bigots.” Adds Clay Travis, “Women’s basketball hates its fans and doesn’t want to grow their game. That’s the only conclusion you can draw from their treatment of Clark. She would quadruple their (Olympic) viewership by herself. No brainer.”

To say nothing of the USA jerseys she’d sell. But the political water carriers don’t care. They would return the WNBA to what it’s always been, a subsidized pet project for the progressives in media and government. Perhaps the most on-the-nose indicator about the WNBA’s image is that Toronto is getting a team in the league. It’s a non-binary marriage made in progressive heaven.

Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster  A two-time winner of the Gemini Award as Canada’s top television sports broadcaster, he’s a regular contributor to Sirius XM Canada Talks Ch. 167. His new book Deal With It: The Trades That Stunned The NHL And Changed hockey is now available on Amazon. Inexact Science: The Six Most Compelling Draft Years In NHL History, his previous book with his son Evan, was voted the seventh-best professional hockey book of all time by bookauthority.org . His 2004 book Money Players was voted sixth best on the same list, and is available via brucedowbigginbooks.ca.

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Bruce Dowbiggin

The Phoney Hype For “Canada’s Team” In The Stanley Cup Final

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If you sometimes feel you’re being talked down to by your betters in mass media, there’s probably a reason. You are. From the forced demographics in films and culture to mandatory vaccines and lockdowns, the population are seen as daycare kiddos joined by a rope who must led in the ways of righteousness. Or, to be precise, leftishness.

Sometimes the massaging is blatant (do Canadian banks really want us to think all their employees are now black?) Sometimes it’s more subtle. Take, for example, the pizza restaurant commercials running incessantly during the NHL playoffs. They take the time to tell you that no Canadian team— repeat after us— has won a Stanley Cup since 1993 (ten points if you guessed Montreal). There are images of screens being crushed, balloons deflating. An unidentified Chris Cuthbert says, “It’s all over folks, the fun has come to an end.”

The dates of recent Final failures roll by showing walls that were punched, plates thrown through TV screen, transistor radios being tossed on the cement. So far accurate. But then Cuthbert pipes up. “Maybe it’s time we try something different?” (In case your hearing is deficient they scroll out “Maybe it’s time we try something different?”)

You’ll never guess their solution. Instead of booing our Canadian rival teams, maybe we should get behind whichever Canadian team makes it this far. “Let’s cheer with the fans we’ve always cheered against.” Pictures show people clinking glasses in camaraderie. (What happened to diversity?) Then the punch line.

“Team Up For The Cup”. This is the sort of pablum notion you get from people who drop in for the Final after spending the winter darning socks or attending NDP rallies. People we know actually believe it’s a government commercial. Even in the age of “Sinbad” Trudeau, this is inauthentic to the nth degree.

It all suggests “You fans are at fault.” A beer-soaked Kumbaya session is all that’s stood between Canada and a Cup since 1993. Of course the focus-group nimrods who think a Carbon Tax will change the weather could not be made to understand that the essence of fandom is 1) Our team wins 2) Your biggest rival loses.  No, with a little Liberal fairy dust we can all join hands behind Edmonton, now in the Final . That’s all it takes. As we say, inauthentic. Like dumping plastic bags for paper bags.

It put us in mind of an exchange we had with the quintessential Chrétien-era Liberal, Sheila Copps, she of the one million Canadian flags without lanyards debacle. In 2007, the Ottawa Senators made it to the Final. Needless to say the home of Canada’s bureaucracy was in heaven. In our 2008 book The Meaning of Puck , we recalled what happened when we suggested in the Calgary Herald that we weren’t going to “Team Up For The Cup”.

Former Liberal MP and Cabinet Minister Sheila Copps

Saying we wouldn’t go all Vimy Ridge for a team with a Trojan ad on their jersey, we asked why we should getting squishy about a team two time zones away. We added some gratuitous shots about Ottawa rolling up the sidewalks by 7 PM and Tulip Festivals. And praised the things we did share. Alberta’s oil money. Honk. Honk.

Before you could say Alfonso Gagliano, Ms. Copps, the pride of Hamilton, fired back in that quaint, understated style she’s known for. Using words like “despot” and a “dictator”, she accused us of using hockey to separate the nation.  Our “diatribe” was “hate-filled” as we mocked “tulips, tourists and the team… Dowbiggin’s message was a lot more dangerous than the separatists”, she railed.

Tulips bloom on Parliament Hill in Ottawa on May 1, 2009., on the first day of the Canadian Tulip Festival which runs from May 1st to the 18th. Ottawa was gifted 100,000 tulip bulbs in 1945 from Princess Juliana of the Netherlands in appreciation for the help Canada gave in liberating the Netherlands during WWII. THE CANADIAN PRESS/Sean Kilpatrick

“Gussied up as a sports rant he thinks it’s perfectly okay to trash another part of Canada in the name of hockey.. Sports lynchers with a political agenda commit the worst kind of bigotry. In Western backhand ( note”: we lived our first 45 years in Quebec and Ontario), Dowbigggin excretes the same bile that almost cost our country twice.” Sports lyncher. Wow.

You’re welcome Sheila. Suggesting that “more astute readers may have discerned a touch of sarcasm and mirth in our original piece” we replied that this pro-Canada stand was rich coming from the government whose Sponsorship Scandal tore apart the nation and left their party to trust-fund Justin “the Jester” Trudeau.

“I’m always amused by Quebec parvenus such as Ms. Copps who think a French immersion course and a particularly hot weekend at the Juste Pour Rire festival make them an expert in the culture of La Belle Province… the parlous state of Quebec within Canada speaks to decades of Liberal vigilance on the separatist file.

“In the end it’s hard to tell which is funnier: Ms. Copps’ vitriolic defence of her record as a champion of Confederation or as a sudden covert to the culture of hockey in this country. But then, Ms. Copps, like most Liberals, never were very good at getting a joke.  Maybe because its was about them in the first place.”

Sadly, they don’t make ‘em like Sheila anymore. Now they slap you with a hate crime and take away your financial records. So good luck to Edmonton. We mean you no harm. Your crayon-coloured unis look great. Just don’t come running to the rest of Canada if you sprain your ankle on the Florida Panthers.

Bruce Dowbiggin @dowbboy is the editor of Not The Public Broadcaster  A two-time winner of the Gemini Award as Canada’s top television sports broadcaster, he’s a regular contributor to Sirius XM Canada Talks Ch. 167. His new book Deal With It: The Trades That Stunned The NHL And Changed hockey is now available on Amazon. Inexact Science: The Six Most Compelling Draft Years In NHL History, his previous book with his son Evan, was voted the seventh-best professional hockey book of all time by bookauthority.org . His 2004 book Money Players was voted sixth best on the same list, and is available via brucedowbigginbooks.ca.

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