• 27 Posts
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Joined 2 months ago
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Cake day: March 28th, 2025

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  • They are trying to solve the wrong problem.

    Mainstream big developers will never build ‘affordable housing’ when they can sell every single ‘non-affordable house’ they can build, at huge profits. They have no competition. There are just too many people who CAN afford the expensive houses on the market. That is why the housing prices are so high - the demand is there.

    The ‘affordable housing’ crisis will never go away until huge amounts of pre-development money are made available to not-for-profit housing developers. Big developers have absolutely no problem coming up with the initial development start-up money needed to get the housing developments through the land acquisition, planning, and pre-construction phases, but this money just isn’t available to affordable housing developers.

    Unless the initial funding bottleneck is solved, all of the downstream measures (subsidized mortgages, help with initial payments, and such) are fruitless, The units are not going to be built in the first place, so making it easier to purchase a non-existent unit is just meaningless.

    One potential solution would be for the various levels of governments to introduce a new type of ‘government-backed’ bond, that people could buy like they used to be able to buy Canada Savings Bonds or War Bonds. The government would guarantee the interest, and the payout, like they guarantee bank deposits. The money would be made available to not-for-profit developers like Habitat for Humanity and community housing co-ops, as seed money to pay for the initial pre-construction costs of building affordable housing. Since they are government-backed, they could be included in tax free and RRSP plans. At the same time, it is not government money or a government hand-out, so it would not affect government budgets or taxes. It would all still be private money that bought the bonds. The bonds, along with interest, would be repaid when the units sold.







  • Bill S-233 was previously introduced in 2021 and reached consideration by the Senate’s Standing Committee on National Finance before Parliament was prorogued.

    What struck me most about the article is that, a Bill first introduced to the Senate in 1921, and then buried, could be resurrected by the Senate acting independently of the HoC, after some 4 years had passed and a brand new government, new leader.


  • Here is my point. We either go gangbusters in Canada into pouring investment dollars into exploring for white hydrogen, or America is going to do it and get there ahead of us.

    https://koloma.com/resource/726/

    Koloma is an American company.

    It is people like you who absolutely insist because of their dogma, in proselytizing against Canada getting ahead of the game and being front and center in white hydrogen production. 'Oh. let’s not do it, let’s let America get ahead, because, well, the oil and gas industry are conspiring to side track Canada’s efforts for their own interests."

    Always, for the anti-development proselytizers, they use the Oil and Gas conspiracy as an excuse not to do anything.



  • No, the main geological resources of hydrogen are NOT from oil and gas. Read the links. Natural occurring geological sources of unbound hydrogen gas (not in association with oil and gas) are plentiful enough to provide our energy needs for hundreds of years, and Canada has the appropriate geology to have a substantial amount of these deposits. Also, you keep completely ignoring that the ammonia sent to Europe from the Maritime provinces is primarily from the electrolysis of water using non-fossil-fuel energy. You WANT it to be from gas and oil wells only because that is what fits your narrative, your dogma, and your proselytizing.










  • " about joining the plan which foresees the nations on the continent spending $1.25 trillion on defence over the next five years."

    Aye and there is the rub. The news media talks about how much Germany spends on defense and how much France spends and so forth.

    That’s like talking about how much California spends on defense and how much Texas spends on defense and so on.

    Wat matters is how much the European Union collectively spends on defense, just like what matters is how much the United States collectively spends on defense, not each individual State.

    Collectively, the European Union is just as powerful economically as is the United States, and we should talk about the collective [United] European [Union] states when we compare them to the United States of America, not the individual countries (states) that make up the EU.

    Americans have completely stacked the deck against the statistics comparing Europe to America, by insisting on treating every European country separately, but all of the States in America collectively. and then convincing the world the American way of comparative accounting is the correct one.