Trudeau: "you're too well off. I'll fix that!"

Vincent J. Curtis

9 Apr 22

Prime Minister Trudeau came to Hamilton to “sell” his budget.  Why he would need to do that is a mystery, but never mind.  He told people, “Your most valuable asset is way overvalued, and I’ve come to fix that.”  Why he wasn’t stoned proves that no one in his audience understood what he was saying.

Prime Minister Trudeau is an out of touch trust fund baby who lives at taxpayers’ expense in a cottage on the grounds of Rideau Hall.  He has never had any idea of middle class existence.  Nevertheless, he came to Hamilton to say that he’s going to reduce that million dollar bungalow you own to a quarter mill, its proper selling price, in his non-market opinion.  Never mind that three years ago you paid half a mill for that pile!

Luckily for Mountaineers, Trudeau only has $10 billion to play with.  This means that he can reduce the effective price of a $500,000 home to $400,000 one hundred thousand times.  Since Canada is admitting over 200,000 immigrants a year, that spending program will cover immigration demand for a year.

Included in the devaluation of property values scheme is the prohibition of purchases by foreign buyers.  It so happens that most of these foreign buyers are Chinese.  But being a man of the left, no one is going to call Prime Minister Blackface a racist on account of official, that is to say systemic, racism.

-30-