We welcome your opinions.. Here’s one from Red Deer resident Garfield Marks.
Red Deer has a severe supply management issue when it comes to housing. In 4 years our population grew by 195 residents while we added 1299 new homes. House values decreased last year by 2%. Making it undesirable to young families to put down permanent roots in Red Deer.
Why it may be better to just rent in the short term.
The prices of real estate has declined in the last year by 2 %.
So what, you may ask.
Let us look at last year’s first home buyer.
Buys a $300,000 house. Puts 5% down ($15,000) and takes out a mortgage. Pays legal and moving fees for about $1,000 which would be a bargain. $16,000 out of pocket to start.
5% down means a $285,000 mortgage which means mortgage insurance which if added to the principal means a real mortgage of $296,400 to start.
Taxes for the year on property will be about $2,600.
If the mortgage was at 2.94% that would mean a monthly payment of about $1,394 or $16,728 for the year.
Let us say the needs no maintenance but one could expect maintenance of at least $1,000 but in this example we will negate maintenance.
House insurance would be about a $1,000.
During the year the home buyer spent $16,000 buying the house, $16,728 on mortgage payments and $2,600 on property taxes, $1,000 on insurance for a total of $36,328.
Today the house sells for 2% less or $294,000, then minus $12,411 real estate fees and GST, down to $281,589, then minus $1,000 legal fees to $280,589, then minus mortgage payout of about$290,000 to a net loss of about $10,000 in proceeds to the owner.
So that $300,000 home cost the owner $46,000 to live in the home for 1 year. He could have rented it for $20,000 so in this case it would make more sense to rent.
So to many people losing 2% value in their home is a big deal.
Perhaps we could slow down the building of new homes to let the market catch up, because now it leaves the most vulnerable home buyer at risk, and those are the first time buyers, the young families and the residents most needed to create a growing community.
So far from encouraging the young upwardly mobile to move to Red Deer, we are scaring them away.
Perhaps our supply and demand equation is heavily weighted to the supply side, yet we keep investing in new subdivisions while devaluing our own homes.
Who wins? Developers, city hall tax collectors, builders but not the tax payers. The city definitely makes the case for big property managers and renting. Too bad.
From The Border To Kevin O’Leary, Canada Is Freaking Out Americans
Tequesta, Fla.: Those Canadians who spend time in DeSantisLand know that our American hosts are blissfully unaware of what happens in Canada. Outside blaming the True North for brisk weather like this week’s near-freezing temps in the South.
Then, out of nowhere, Canada and Canadians are suddenly blasting down the pike like an Alberta Clipper. Example: While everyone is talking the bum rush at the southern U.S. border, former GOP presidential hopeful Vivek Ramaswamy was frothing about the steady tide of illegals crossing southward from Canada into the U.S.
He told X ,“The Northern Border is the next frontier for illegals. Career politicians including Republicans derided me for saying it last year. Now we’re starting to see the consequences.” One of the consequences is the PM not talking about our leaky border. But since the Liberals removed visa requirements for Mexicans the flood gates have opened. Canada’s fastest growing industry is human smuggling.
Vermont residents are very engaged with Canada’s dirty little secret. Swanton, Vt. resident Chris Feeley told reporters that “he has been hunting in the area since he was a teen and rarely ran into anyone. Now he sees illegals frequently. ‘The border patrol actually told us, ‘You guys might want to put a pistol in your backpack’ because nine out of 10 of them are just here for a better life, but there’s that one guy that’s got a rap sheet,” he said.
Will Trump build a northern wall as well as a southern barrier? Inquiring minds in Canada want to know. Then came the bimbo eruption from New York’s governor Kathy Hochul. Hochul’s state has the highest percentage of Jews in America (seven percent). One and a half to two million Jews live in the New York City area alone. She has a vested interest in their issues.
So when the heinous Oct. 7 attacks murdered hundreds of innocent Israelis in their homes and communities Hochul (whose ancestry is Irish-American) sought to show her solidarity with her constituents. “If Canada someday ever attacked Buffalo, I’m sorry, my friends, there would be no Canada the next day,” Hochul said at an event for the United Jewish Appeal-Federation of New York.
“That is a natural reaction. You have a right to defend yourself and to make sure that it never happens again. And that is Israel’s right.” Hey, she likes us enough to massacre us in retaliation. Now that’s a caring neighbour. Not surprisingly, when Canada’s media grandees heard the news they plotzed. And Hochul scrambled to clarify her remarks. But for a few days, Canada was a something. Americas would obliterate us for destroying Buffalo. The mind boggles.
Next, the liberals in overheated #TDS legacy media had one of their periodic fits over former president #OrangeManBad . They were left aghast that another Donald Trump presidency might decline to protect NATO partners from the boogey man. Trump even suggested he’d give Putin the A-OK to do his worst on Luxembourg or Montenegro. Shocked and appalled, they declared the end of NATO and McDonald’s McRib sandwich.
What the Jake Tapper Brigade neglected to mention in all this fainting and pearl clutching was that this would happen ONLY IF rogue nations refused to pay their obligations under the NATO charter. (Why ruin a good hysteria over running the full quote? See: Charlottesville, Jan. 6, drinking bleach.)
Now, which American neighbour to the North of Biden’s Bedroom is delinquent in its obligations to NATO? Might it be Trudeaupia where it’s more important than agriculture minister Lawrence McAuley be seen casually gorging on lobster in Asia than paying up for deterrents against the Chinese?
So to all his other self-inflicted miseries Prince Justin of Rideau Cottage was confronted with the pitiful funding of Canada’s military (his government just cut military spending by a billion) and its reliance on the support of strangers when it comes to protecting the Arctic, among other tracts of lands. Trudeau has lobbied NATO to include other spending under its requirements. But so far, NATO is not accepting maple syrup, Melanie Joly desk calendars and Bollywood costumes as applicable contributions to defence spending.
According to reports reaching us in the Land of Farenheit, Trudeau responded to all this scrutiny by flying west in a carbon-belching jet to promote climate something-something. But how would an incoming Trump administration deal with Trudeau (and his paid media) who has made POTUS 45 a convenient whipping boy? Has Canada’s PM said too much already? Might Trump tighten the pressure on paying up— just in spite? Trump? Spiteful? Never!
Next on the screens of Americans was the ubiquitous Mr. Wonderful, Kevin O’Leary, Canada’s gift to Shark Tank/ Dragons Den. The recent civil trial of Trump in NYC has vexed him. So everywhere one looks O’Leary is schooling dim liberal hosts on CNN about the idiocy of the decision to fine Trump $354M for cheating no one out of nothing.
“It’s appalling. It’s unjust. I would go as far to say it’s un-American.” Here he is with some place setting named Laura Coates explaining how you do real estate in NYC. “That fact that he was found guilty, you might as well find guilty every real estate developer on Earth,” O’Leary says. “I don’t understand where someone got hurt … What developer doesn’t ask for the highest-price value for any building they built?… If this judgment sticks, every developer must be jailed. They must be found guilty. They must be put out of business. You can’t do this to one but not another. It’s not about Trump.”
O’Leary followed up by saying he wouldn’t be doing business in NYC until the decision was reversed. Others, including Dilbert cartoonist Scott Adams followed suit, “100% of people who don’t understand banking, business, negotiating, or the world in general are sure Trump committed fraud. 100% of people who understand banking, business, negotiating, and the world in general saw ‘business as usual’ and no fraud.” Like O’Leary, Adams vowed not to visit nor do business in New York State, setting off an X wave of hysteria among former CDN sports writers and liberal arts graduates.
But Mr. Wonderful discouraging business is different. Hearing O’Leary’s warning to businesses to steer clear of NYC, Governor Hochul sought to reassure real-estate developers that the government will not go after them like they have gone after Donald Trump. Prompting Texas senator Ted Cruz to observe, “In other words, if you don’t make Democrats angry, you won’t get sued. But if you do, you’ll get the Donald Trump treatment.”
It’s almost too much Canada in the news. Luckily, Trudeaupia will slip beneath the waves of American attention again shortly, ignored and dismissed. To think we were that close.
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. Inexact Science: The Six Most Compelling Draft Years In NHL History, his new 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.
Yes, B.C.’s Land Act changes give First Nations veto over use of Crown Land
From the Fraser Institute
By Bruce Pardy
Nathan Cullen says there’s no veto. Cullen, British Columbia’s Minister of Water, Land, and Resource Stewardship, plans to give First Nations joint decision-making authority over Crown land. His NDP government recently opened consultations on its proposal to amend the B.C. Land Act, under which the minister grants leases, licences, permits, rights-of-way and land sales. The amendments will give legal effect to agreements with Indigenous governing bodies. Those agreements will share decision-making power “through joint or consent models” with some or all of B.C.’s more than 200 First Nations.
Yes, First Nations will have a veto.
Cullen denies it. “There is no veto in these amendments,” he told the Nanaimo News Bulletin last week. He accused critics of fearmongering and misinformation. “My worry is that for some of the political actors here on the right, this is an element of dog-whistle politics.”
But Cullen has a problem. Any activity that requires your consent is an activity over which you have a veto. If a contract requires approval of both parties before something can happen, “no” by one means “no” for both. The same is true in other areas of law such as sexual conduct, which requires consent. If you withhold your consent, you have vetoed the activity. “Joint decision-making,” “consent,” and “veto” come out to the same thing.
Land use decisions are subject to the same logic. The B.C. government will give First Nations joint decision-making power, when and where agreements are entered into. Its own consultation materials say so. This issue has blown up in the media, and the government has hastily amended its consultation webpage to soothe discontent (“The proposed amendments to the Land Act will not lead to broad, sweeping, or automatic changes (or) provide a ‘veto.’”) Nothing to see here folks. But its documentation continues to describe “shared decision-making through joint or consent models.”
These proposals should not surprise anyone. In 2019, the B.C. legislature passed Bill 41, the Declaration of the Rights of Indigenous Peoples Act (DRIPA). It requires the government to take “all measures necessary” to make the laws of British Columbia consistent with the United Nations Declaration on the Rights of Indigenous People (UNDRIP).
UNDRIP is a declaration of the U.N. General Assembly passed in 2007. It says that Indigenous people have “the right to the lands, territories and resources which they have traditionally owned, occupied or otherwise used or acquired… to own, use, develop and control.”
On its own, UNDRIP is non-binding and unenforceable. But DRIPA seeks to incorporate UNDRIP into B.C. law, obligating the government to achieve its aspirations. Mere consultation with First Nations, which Section 35 of the Constitution requires, won’t cut it under UNDRIP. Under Section 7 of DRIPA, agreements to be made with indigenous groups are to establish joint decision-making or to require consent of the Indigenous group. Either Cullen creates a First Nations veto or falls short of the goalposts in DRIPA. He is talking out of both sides of his mouth.
Some commentators warned against these dangers long ago. For example, shortly after DRIPA was passed in 2019, Vancouver lawyer Robin Junger wrote in the Vancouver Sun, “It will likely be impossible for government to live up to the expectations that Indigenous groups will now reasonably hold, without fundamentally affecting the rights and interests of third parties.” Unfortunately, few wanted to tackle that thorny question head on at the time. All three political parties in B.C. voted in favour of DRIPA, which passed unanimously.
For a taste of how Land Act changes could work, ask some B.C. residents who have private docks. In Pender Harbour, for instance, the shishalh Nation and the province have jointly developed a “Dock Management Plan” to try and impose various new and onerous rules on private property owners (including red “no go” zones and rules that will make many existing docks and boat houses non-compliant). Property owners with long-standing docks in full legal compliance will have no right to negotiate, to be consulted, or to be grandfathered. Land Act amendments may hardwire this plan into B.C. law.
Yet Cullen insists that no veto will exist since aggrieved parties can apply to a court for judicial review. “[An agreement] holds both parties—B.C. and whichever nation we enter into an agreement (with)—to the same standard of judicial review, administrative fairness, all the things that courts protect when someone is going through an application or a tendering process,” he told Business in Vancouver.
This is nonsense on stilts. By that standard, no government official has final authority under any statute. All statutory decisions are potentially subject to judicial review, including decisions of Cullen himself as the minister responsible for the Land Act. He doesn’t have a veto? Of course he does. Moreover, courts on judicial review generally defer to statutory decision-makers. And they don’t change decisions but merely send them back to be made again. The argument that First Nations won’t have a veto because their decisions can be challenged on judicial review is legal jibber jabber.
When the U.N. passed UNDRIP in 2007, people said they can’t be serious. When the B.C. legislature passed DRIPA in 2019, people said they can’t be serious. The B.C. government now proposes to give First Nations a veto over the use of Crown land. Don’t worry, they can’t be serious.
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Yes, B.C.’s Land Act changes give First Nations veto over use of Crown Land