The Official Toronto Discussion Thread

[jdubnyce]

Secret RCMP report warns Canadians may revolt once they realize how broke they are

The RCMP report authors warn that whatever Canada’s current situation, it "will probably deteriorate further in the next five years."

nationalpost.com

“The coming period of recession will … accelerate the decline in living standards that the younger generations have already witnessed compared to earlier generations,” reads the report, entitled Whole-of-Government Five-Year Trends for Canada.

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“For example, many Canadians under 35 are unlikely ever to be able to buy a place to live,” it adds

Canadian productivity — measured in terms of GDP per capita — has been trending downwards since at least the 1980s. But this has accelerated dramatically in recent years — even as per-worker productivity rises in many of our peer countries.



An analysis last year by University of Calgary economist Trevor Tombe found that if Canada had merely kept pace with U.S. productivity growth for the last five years, Canadian per-capita earnings would be $5,500 higher than they are now.



Meanwhile, housing affordability has reached “worst-ever” levels in most of Canada’s major markets, according to a December analysis by RBC. On average, even condos are now so unaffordable that only 44.5 per cent of Canadian households had sufficient income to buy one at current prices. As for single-family homes, only the richest 25 per cent of Canadian households had any hope of obtaining one.

depressing

 

[MikelArteta]

depressing

it is it is, and only going to get worse. Another million coming this year and not enough housing and jobs. The job market is so bad as well. The only way most people who are under 35 now will ever own a house is if their parents or grandparents croak and give it to them

 

[Malcolmxxx_23]

it is it is, and only going to get worse. Another million coming this year and not enough housing and jobs. The job market is so bad as well. The only way most people who are under 35 now will ever own a house is if their parents or grandparents croak and give it to them

Will be worse

Good luck if someone is out of job

 

[MikelArteta]

 

[Nkrumah Was Right]

Get your money up

 

[kaldurahm]

Fredricton/St. johns in 2 years might be my play

 

[MikelArteta]

Housing asylum seekers at Niagara hotels cost Canada more than $100 million - National | Globalnews.ca

Newly released figures from Immigration, Refugees and Citizenship Canada show the federal government spent more than $100 million housing asylum seekers at hotels.

globalnews.ca

 

[MikelArteta]

Canadian wanted in Vaughan double homicide arrested in U.S.

Kensworth Alton Francis, 29, of Mississauga but originally from the Bahamas, was wanted by investigators in a fatal double-shooting.

toronto.citynews.ca

Got that fakkit finally

 

[Malcolmxxx_23]

Trudeau proposes new reforms for renters amid housing crunch - National | Globalnews.ca

Justin Trudeau said in an announcement Wednesday that the new reforms will "make the playing field fairer for renters," as homeownership continues to be out of reach for many.

globalnews.ca

Thoughts ?

Helping people find a pathway to buying homes


What about the people who are renting

 

[jdubnyce]

Canadian wanted in Vaughan double homicide arrested in U.S.

Kensworth Alton Francis, 29, of Mississauga but originally from the Bahamas, was wanted by investigators in a fatal double-shooting.

toronto.citynews.ca

Got that fakkit finally

Under the jail

 

[jdubnyce]

Trudeau proposes new reforms for renters amid housing crunch - National | Globalnews.ca

Justin Trudeau said in an announcement Wednesday that the new reforms will "make the playing field fairer for renters," as homeownership continues to be out of reach for many.

globalnews.ca

Thoughts ?

Helping people find a pathway to buying homes


What about the people who are renting

Was unaware that timely rental payments are NOT factored into credit score in current state.

Need to find a balance for landlords as well

Hear many horror stories that bad renters just stop paying, and the eviction/court process can take months, leaving the landlord in financial trouble

 

[jdubnyce]

I'm interested to see where this goes.

Ontario school boards suing TikTok, Meta and Snapchat

The lawsuit from the Ontario school boards claims that social media products "have rewired the way children think, behave, and learn."

toronto.citynews.ca

Four Ontario school boards have commenced legal action against social media giants TikTok, Meta Inc. and Snapchat for “disrupting student learning and the education system.”
The Toronto District School Board (TDSB), Peel District School Board (PDSB), Toronto Catholic District School Board (TCDSB), and Ottawa-Carleton District School Board (OCDSB) announced a joint lawsuit of $4.5 billion against the popular social media platforms which were filed in separate cases on Wednesday.
The lawsuit claims that social media products, negligently designed for compulsive use, “have rewired the way children think, behave, and learn, leaving educators and schools to manage the fallout.”
In a statement, the TDSB’s Director of Education, Colleen Russell-Rawlins, said the influence of social media on today’s youth at school cannot be denied.
“It leads to pervasive problems such as distraction, social withdrawal, cyberbullying, a rapid escalation of aggression, and mental health challenges,” said Rawlins. “Therefore, it is imperative that we take steps to ensure the well-being of our youth. We are calling for measures to be implemented to mitigate these harms and prioritize the mental health and academic success of our future generation.”

Ontario school boards raise several concerns in $4.5-billion lawsuit​

The four Ontario school boards cite students’ struggles with attention, learning, and mental health crises as a direct result of “the prolific and compulsive use of social media products.”
Speaking with Breakfast Television on Thursday, TDSB chair Rachel Chernos Lin said they want to hold the social media giants accountable.
“We’re hearing about student behavioural issues. We’re hearing about anxiety in children being significantly on the rise,” said Chernos Lin. “We’re seeing a huge rise in mental health issues and feelings of pain kids are having, directly related to the products that they’re using.”
The TDSB, TCDSB, PDSB and OCDSB collaboratively state that the fallout of “compulsive use of social media amongst students” is causing massive strains on the four school boards’ finite resources. Ontario school officials are also calling on TikTok, Meta Inc. and Snapchat to “remediate these enormous costs to the education system, to redesign their products to keep students safe.”

 

[MikelArteta]

Trudeau proposes new reforms for renters amid housing crunch - National | Globalnews.ca

Justin Trudeau said in an announcement Wednesday that the new reforms will "make the playing field fairer for renters," as homeownership continues to be out of reach for many.

globalnews.ca

Thoughts ?

Helping people find a pathway to buying homes


What about the people who are renting

This does nothing

You need good credit to rent anything anyways. Still the average joe can't qualify for a mortgage and buy property


Lol at bargain with a landlord when thousands of people r coming in every day looking for a place to stay

 

[Malcolmxxx_23]

This does nothing

You need good credit to rent anything anyways. Still the average joe can't qualify for a mortgage and buy property


Lol at bargain with a landlord when thousands of people r coming in every day looking for a place to stay

Exactly
Ppl who rent usually have a good decent credit

No mentioning of building affordable housing

 

[MikelArteta]

Canada is dead

Canada’s population hits 41 million, growing by a million in just nine months

Statistics Canada estimates the country hit a population of 41 million people this week, only nine months after surpassing the 40 million mark.

www.thestar.com

Grew by a million in 9 months on some third world country steeze