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Non Canadians Can't buy Houses - Midterm Election

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Published on 04 Nov 2022 / In News and Politics

The Prohibition on the Purchase of Residential Property by Non-Canadians Act – What You Need to Know

In an effort to calm housing prices and increase affordability, Parliament passed the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”), which comes into force on January 1, 2023.

The Act creates a prohibition on non-Canadians from directly or indirectly purchasing residential property, including condominium units and detached or semi detaches houses, for a period of two years, subject to a number of exceptions set out in Section 4(2) of the Act. Specifically, the prohibition does not apply to:

https://www.lashcondolaw.com/the-prohibition-on-the-purchase-of-residential-property-by-non-canadians-act-what-you-need-to-know/


Justin Trudeau a modern-day socialist

Over time, the meaning of socialism has changed and evolved.

Its technical definition remains state ownership of the means of production – namely factories, machinery, etc.

For the most part though, there are very few socialists who now advocate for the government to nationalize industries.

The Trudeau government’s policies personify this approach

As communism proved an utter failure in the real world and collapsed in the 80s and 90s, the meaning of socialism shifted to mean large-scale redistribution.

In other words, socialists have accepted that firms and industries should be privately owned, but that the benefits of markets should be harnessed for collective ends through higher taxes — much higher taxes — to finance higher levels of government spending.

https://canadafreepress.com/article/justin-trudeau-a-modern-day-socialist


Economy, inflation remain top voter concerns ahead of midterm elections

Inflation and the economy top the list of concerns for voters ahead of the pivotal midterm elections as Americans increasingly prioritize pocketbook issues, according to a new ABC News/Ipsos poll.

A combined 50% of registered voters identified economic issues as their single most important issues, according to the poll, with 28% citing the economy and 22% pointing to scorching-hot inflation. Among Republicans, the percentage was even higher, with 73% naming one of the two as their top concern. Democrats, however, identified abortion rights as their No. 1 concern (29%) followed by the economy or inflation (28%).

https://www.foxbusiness.com/politics/economy-inflation-remain-top-voter-concerns-ahead-midterm-elections


A Disney resort in China is locked down because of Covid, and visitors can't leave

hanghai’s Disney Resort abruptly suspended operations on Monday to comply with Covid-19 prevention measures, with all visitors at the time of the announcement directed to stay in the park until they return a negative test for the virus.

The resort said at 11:39 a.m. local time it would immediately shut the main theme park and surrounding areas including its shopping street until further notice to comply with virus curbs.

https://www.nbcnews.com/news/world/disney-resort-china-locked-covid-visitors-cant-leave-test-negative-rcna54774

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