E-mailed my MP on bailing out condo developers.
\*\*\*\*\*\*Removing all self-identifying names
Hello xyz ,
As my representative for \*\*\*\* and as a member of the Liberal Party, I would appreciate your perspective on the following questions:
Why is the government providing support to condo developers to help move existing condominium units into the market? My understanding is that these units have already been built. Even without government assistance, developers would eventually need to sell them, potentially at a loss. Since the housing supply already exists, what is the policy rationale for using taxpayer funds to support these sales?
If the government has sufficient fiscal capacity to provide substantial assistance to private developers, how does it justify prioritizing such support over direct assistance to taxpayers and households facing affordability challenges? May be give few hundred thousands to each of your residents ?
Given the ongoing cost-of-living pressures faced by many Canadians, has the government considered more significant tax relief measures for middle-income earners? If not, what are the main barriers to doing so? May be remove all income taxes below $200k ?
I would appreciate any information you can provide regarding the government’s reasoning and objectives behind these policies.
Moreover, I would appreciate a to-the-point reply and not a Trudeau era general reply on how government is helping Canadians, while actually ruining their economics.
Thank you for your time and consideration.
Sincerely,