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Old 04-21-2025, 12:49 PM   #24928
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by flamesfever View Post
Inflation, and accompanying interest rates, are probably the biggest things on the minds of our young people with regard to buying a house, even though house prices are dropping somewhat recently. Also, the threatening tariff situation is potentially highly inflationary.
Right, and I understand that the run-up in prices over the past few years was a problem. But, this was a problem in the Western world and not just a Canadian issue with the Liberals. The other important point to note here is that inflation has decreased significantly (it's just above 2% now, where most people are comfortable). The problem is that people think that Poilievre is pitching deflation, where prices for things come down. This is a huge issue, because he isn't. The only way you'll see that is a massive recession, and no one wants that.

The truth is, on many major topics and policies, the two parties aren't that different, though. Poilievre is cutting GST on new homes up to $1.3m and Carney up to $1m. They both have income tax cuts, and they've both talked about getting our energy to market, though with a lack of concrete details.
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