So much clamor about taxing those who don't want to pay tax, even though they have won a big prize in our BC Real Estate Lottery. Indeed, the added tax on higher valued homes is fair and the best way to fund schools and social services. Two excellent pieces appear in the Vancouver Sun this past week. One by two UBC academics is concise and on point. Another by Alex Hemingway of the CCPA is also great.
The federal government is government is parading the idea of HOUSING AS A HUMAN RIGHT. Their consultation has been extended to close June 8th. You can contribute your thoughts. While the text of their appeal seems heavy on rhetoric and light on action, those of us with a voice should chip in. Unfortunately, the much hyped National Housing Strategy promises no more federal funds for community housing. Funding is frozen at the level it has been for almost two decades (@$2B). Meanwhile, CMHC is extracting fees from middle income Canadians and paying a 'dividend' to government of some two or three times that much. They boast, "In 2017, we also declared dividends totalling $4.7 billion to our shareholder, the Government of Canada. An additional dividend of $1 billion was approved by CMHC’s Board of Directors on March 22, 2018."