Should PM Carney restore 24 Sussex? Why it could backfire

Rudyard Griffiths and Sean Speer discuss two major pieces of real estate news: the federal government's proposed bailout of B.C. condo developers and the announcement of a design competition to restore 24 Sussex. They examine the political motivations behind protecting housing prices rather than allowing market corrections, question whether the bailout serves developers, banks, or existing homeowners, and debate the necessity of rebuilding 24 Sussex. In the second half, they examine Prime Minister Carney's comments relating Brexit to the separatism movement in Alberta. They analyze how his comments risk undermining Premier Smith's efforts to keep Alberta in Canada. They also make the argument that the prime minister's condescending rhetoric feeds anti-Alberta sentiment in central Canada and complicates the already difficult task of persuading conservative Albertans to vote against a referendum on independence this October.If you are enjoying the free version of the Hub Roundtable, subscribe to become a Hub Hero or Fellow to access the full version every week: https://thehub.ca/join/The Hub is Canada’s fastest growing independent digital news outlet.Subscribe to The Hub's podcast feed to get our best content when you are on the go:https://tinyurl.com/3a7zpd7e (Apple)https://tinyurl.com/y8akmfn7 (Spotify)Follow The Hub on X: https://x.com/thehubcanada?lang=enCREDITS:Amal Attar-Guzman - Producer and Editor Rudyard Griffiths and Sean Speer - Hosts Hosted on Acast. See acast.com/privacy for more information.