26th September 2024 News Takeaway

September 26, 2024 00:45:40
26th September 2024 News Takeaway
Connect Newsroom
26th September 2024 News Takeaway

Sep 26 2024 | 00:45:40

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Show Notes

BC NDP promises to 40% financing for middle-income home buyers, Ravi Kahlon conflict of interest allegation, Trudeau government survives confidence vote, Mortgage stress test changes.

In today's News Takeaway, Vijay Saini and Vasu Kumar discuss key updates on BC's housing plans, including the BC NDP's promise of 40% financing for middle-income home buyers. They also address allegations of conflict of interest surrounding Minister Ravi Kahlon and analyze how the Trudeau government survived a crucial confidence vote. Lastly, the duo breaks down the latest changes to Canada's mortgage stress test and their impact on homebuyers

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Episode Transcript

[00:00:01] Speaker A: And now News Takeaway Connect FM 91 five News Takeaway segment good morning Vijayji. [00:00:19] Speaker B: Good morning Connect now Connect good morning Tanda. [00:00:34] Speaker A: Maybe Pana I think later in the day David Ibn John Rusted Prince George Devichi Housing Sabandi Jdehdeh NDP. [00:01:08] Speaker B: First. [00:01:08] Speaker A: Nations project the opening premier so idea Odo Float Ho Chukasi ke Kojikar Ajay which 60 40 split percent mortgage million Dakara Chela Kadalur the Mortgage Homeowner Laiga Charla Kadiyote second mortgage BCD Sarkar Valun Register Kurvai Jai for 25 years Ace program the Jale Kal Verwenivasu yeah so. [00:01:46] Speaker B: Announcement Hoisi First Nation Zali CV Sarkar most likely, you know expand Karagi Hor David EB so announcement $1.29 billion so Takriman 8.10 mortgage split formula mentioned kita details program middle class families middle income families so una maste he eligibility Ajaki Kar Krish formula. [00:03:04] Speaker A: Formula Lagu Khadiyaga Ahega $1.29 billion per year Panjasalanda program so total cha Point Char Punjab Sadh billion dollar over five years Hong Kong like you mentioned NDPD calculation available Hongi and now widespread program the chances but strongly you're basically getting a million dollar property jide vaste upfront to see chaylak dollar vasi demand supply Sadekolani David EB demand the supply dohano hulara sakangi kejara proposal hair a seraph brand new construction vastihi available karvajai and like you mentioned Kijeri Kraidar Hongi Arzi Sakhang for somebody who is looking to who is already into the market maybe upscale Karna upgrade Karnakar of a race program capital appreciation the chari percent hesa hoegae equity they gain they which participate for each year 1.15% interest rate we sarkar Valu was 40% of the loan amount Odipur charge gita janahe so is karke taxpayer protection contrast the comparison ode which is the tax write off mortgage payment Jatwada Karaya up to $3,000 to see on the right of Karsokoge Ovi parawar three kenal Laguhoniya policy called NDP home owners 30% mortgage Villakrit Sakhdem Onawaste fair NDPD policy at least our policy. [00:05:54] Speaker B: Implement Ajtoini Sarkar Dubara Bandiya Sarkar Bandiya Regulations legislation Lake. [00:06:34] Speaker A: And you can maybe qualify for 60% of the mortgage of that. [00:06:56] Speaker B: They can only qualify for a certain amount of mortgage. [00:06:59] Speaker A: Correct so. [00:07:32] Speaker B: So market appreciation. [00:08:05] Speaker A: Is Bari Puchasi Kar saga Singapore Singapore Hong Kong the formula David EB guys Singapore Valley housing policy as he copy Gar Sagna Drug policy Kuni Copy Hosagi. [00:08:36] Speaker B: Otam Suzai. [00:08:37] Speaker A: Motha Stricter Copy Naho Sadi messages Green Party Ariana Jester on the announcements Kitiane Bilkol Hono BC conservatives the BC and DP to totally alter announcement or drug policy decriminalization the non prescription opioids the availability carbon taxi power relaxed Vadata drug. [00:09:34] Speaker B: Policy you're right BC Green Party Apnamu project Kariya Scientific Party BC NDP conservative. [00:09:51] Speaker A: Political science. [00:09:58] Speaker B: Can the BC conservatives climate change the BC NDP Alek and the Apna Climate Action Plan carbon tax so industrial polluters tax the boards industrial carbon tax communities. [00:10:42] Speaker A: Even municipalities know the which are revenue share industrial polluters industry 1 billion with a BdE then no survey Kana Devechi both of conservative NDP Aliyah point for a majority JK party JK balance of power Green Party Jan Jade Che independent incumbent independent incumbent independent ladder Savka BC United Aline JKTE balance of power or Hassle Karl sidelines Arya policies Lagrayani federal Padraya minority Sarkarnukisa and DP de Kahita La Guy. [00:12:01] Speaker B: So BC United the Jedi incumbent MLA's balance of power Ajay interesting vote Peggy BC and DPD Chatali Biali de Faraknal the a Green party percentage point cut so no percent vote so BC Greens main party NDPC conservatives percentage points according to all the three surveys. [00:13:24] Speaker A: Even Sonia first know the Apani seat Victoria beacon Hillary riding the Vichy Legislative assembly stronghold riding change Kirk Adam Walker BC United they incumbent Jedi Hono Azadumidwaraya Par Ikjede whore incumbent independent ladder Adam Walker Jedi Ki Vancouver Island Lady Smithali writings of course NDP DAP now midwaring vote just split hogaid speaking of that, I think I highlighted which crime the issue drug addiction the safe injection sites samani ode chalde hosakda NdP vaste bachoni Mushkal Hojwe othe v conservatives. [00:15:05] Speaker B: Drug supplies. [00:15:12] Speaker A: Safe injection site onade drugs so nanaimo de which was public safety no like a nanaimo downtown they which businesses local community okibata they owe public safety in a very quiet community. [00:15:40] Speaker B: So. [00:15:41] Speaker A: Atki election NdPdo safe seat so vedia which leaders the popularity factor David Eb John Rastado Agay Nazaraf leader the likability which John rusted the performance Kehoji Randiya I think one dictate kara. [00:16:17] Speaker B: WhatsApp a few weeks ago so just google register as a voter so elections BC the website link on the property register Carson boss simple process simple information to see provide karnia so just google it register as a voter BC. [00:16:46] Speaker A: Elections BC CA website Hagi elections BCd. [00:16:57] Speaker B: So just google it register as a voter BC right. [00:17:02] Speaker A: Bilko take a vasudi program sponsor Kitajaria Vista visa hoi permanent residency work permit spouse family Jan any sponsorship neat immigration Hartrandi cases which Maharatrak then York center du jabbards for this cedar park place which are neat immigration Jasanam Vesakam Bilkul Sav Sutra 604-547-7100 Immigration sonu haircut we program this Ade Isenu sponsor Karani so no haircut the and total Chodan locations nay the Nani Honson Beauty College Vikol the Taha Jaton to see hair stylist barbering fresh up vargay short term courses grand opening the moki course fee stay discount with Ng for a limited time only hor Jan Kari lai call 604-581-4565. [00:17:55] Speaker B: Program 60 40 opening doors to home ownership plan citizens already homeowners. If it's for first time home buyers. [00:18:27] Speaker A: Payment right off Karzaki again. [00:19:03] Speaker B: See ten laksh Karbanama homes for people homes for people. [00:19:17] Speaker A: Not just this one. [00:19:23] Speaker B: Canadian born youngsters. [00:19:27] Speaker A: Right. [00:19:28] Speaker B: So. [00:19:34] Speaker A: John Rastadi Gal kende one out of two youth want to leave the province. KG Jedakar example of the sheila. [00:20:09] Speaker B: At. [00:20:09] Speaker A: Least Shurvativich yes, exactly, yes. Second mortgage. [00:20:24] Speaker B: So Janosikar Vitna so jinniyo the market value the Charlie percent mod Napana so the original plus the appreciation Jafe. [00:20:35] Speaker A: 1.15% Viaj v Sarkarna Nominal Viaja Proportion the which to see pasilai SATA Ajata Kasavaliya maybe British Columbia the market the trend line real estate over the course of time prices Yafirodevich koi a limit right up and down cycle on the real estate market. So a lot of details are yet to be worked out. But of course a policy. [00:21:49] Speaker B: Right? [00:21:49] Speaker A: Right. So may carry us. Jan Piche Calgary Edmonton Jan Piche Incentive Kisi Kanyada at least this is where you jumped in and I think a relevant intervention see incentives to move away to see Jala at least homo sar. [00:22:27] Speaker B: Plus youngsters. [00:22:31] Speaker A: Yes bank of mom and dad retirement vastiku onanu apnea seniors know finances because they wanted to. They had to help their kids. [00:22:56] Speaker B: Conflict of interest hogia no motivation to bring home prices down so J car bought a so Sapto but the motivation that he have to maintain affordability. [00:23:20] Speaker A: 5000 homes a year policy to begin with Namakar and the upper he available karbamangi so Vekda Vasuji Banda Household income household income JD Household income Oti Karaite at least apnea Ford Kar Sagda threshold and now Jira Rakta Sagu policy Average wage figure Naya Chart Household policy geared Honey Jaidiae okay JD Household the income criticism registrar of lobbyists for BCE Michael Harvey Denai Chatteliki Ravi Kaloki potentially conflict of interest investigation Kiti Jave firm registrar of lobbyists for British Columbianu. [00:25:36] Speaker B: So Mamla Development Company Hair Renewal Development Global News Tejake Ravi Kalone Renewal Development Barekwi Galkiti we are looking how we can partner with this company the JD to see the company the Pelanam mentioned Kita Param Kalodi Company a government relations firm a core. [00:26:05] Speaker A: Firm. [00:26:08] Speaker B: Renewal development core firm the client right core firm JD Renewal Development development company lobbying Karthiya Sarkarno a Kajariya Company no Faida Punchandi Koshish Kiti Ravi Kalna. [00:26:29] Speaker A: Jis Company no renewal development company the client had Gino K. Co own Karden Ravi Kalonde sister Param Kalo Eleanor a comment Ravi Kalu April of this year JD firm Hegi a core firm A my visa Chovi the Vita Register Hondiya Client Haga a renewal development age company or the client chronological Registrar of lobbyists. [00:27:55] Speaker B: So John Rustade is Eleanor Sarkodi Tweet Kita Jababi Kaluna this is false and desperate John Renewal development does not work with the government BC housing Ali IK project this and the poster. We would like to thank our partners hashtag company renewal development so can the BC housing renewal development Sadi partner BC Housing Minister responsible so request Kitigaya Registrar of lobbyists for BC no Kiyo Sachi is request no acceptance desperation BC Conservatives private projects Conservatives United Food and commercial. [00:29:31] Speaker A: Workers Wasteland Oikonisi details nay with Sachmuchen mortgage stress test Barikarli sponsors the Galkar haircut program the as sponsor Cardan locations Nay Tana Beauty College hairstylist they barbering fresh up Vargay short term courses Gar Sagdio grand opening the Moki course feasted on a special discount with Itajaga for a limited time only call 604-581-4565 chase Pansay Kyasi Pantalipad Sonu haircut NEET Immigration V program this ade is hesen who sponsor Kar Rene visitor visa permanent residency work permit spouse families and Naini sponsorship NEET immigration Hartar on the cases which Maharat Rakhdeni Ikdaftar Sari de York center aberte cedar park place which call 604-547-7100 Chesa Char Panso Santali Ikatarsa NEet immigration Jaisanam Vesakam Birkul Sav Sutra was confidence votes CK House of Commons the which tejme expected see Justin Trudeau the Sarkar the de Ghana Koiyasar Nahisi Kyok NDP NDP Napella Kia vs confidence vote they context on a kavi sade Sadiyaji Asnarakyoke non confidence voter non confidence. [00:32:27] Speaker B: Non confidence motion arju present Kitajaria conservative most likely Aglaya Mania Jandaki is session Christmas Topana ten whore opposition days Hong K Conservative Party block the NDP no so Ajay Kafi Sari non confidence motions Asakini before. [00:32:47] Speaker A: Christmas capital gains the tax automatically confidence the Mataban Sarda so economic statement Onion Fall economic statement on the number key. [00:34:00] Speaker B: Akin the pants. [00:34:19] Speaker A: Subsidy oil and gas company. [00:34:32] Speaker B: Senior supports bare galbat karns so Pelley manga Jai starting with 65 years. [00:34:52] Speaker A: And older 65 and above political point view to a very important information House of Commons Senate Bill password liberals Justin Trudeau Senator Sari Kardate independent so Jedi senators is conservative liberals so. [00:35:46] Speaker B: Are dairy sector David supply management system dairy poultry eggs so can they own future trade negotiation ode which can the supply management system recently Jadon Galbadia Company correct closely control Karna supply management system that they. [00:36:14] Speaker A: Have quotas producers know so. [00:36:22] Speaker B: Trade agreement. [00:36:33] Speaker A: This is one of the issues banking sector aviation sector telecom sector and dairy poultry and axala sector. [00:36:42] Speaker B: So supply management system Nature dairy sector devastate dairy farmers protect Karnachon. [00:37:14] Speaker A: Sector supply chain management conservatives deregulate Karandika Lakhaniya Hona Quebec the which conservatives block Quebec one week liberals waste a bill Senate Liberals Akira Hani charts of commonsense conservatives Naya Vidod farmers vehicle j to see Pierre Polyf conservatives they hacked. [00:38:00] Speaker B: Nikarna the block nagal clear Kiti Pascrani Royal Ascent Royal Ascent Act bank implementation before 29 October Fair can they sit on support Kar Sadh. [00:38:22] Speaker A: On a side note Quebec they virtually dairy products. [00:38:41] Speaker B: Ma'Am. [00:38:43] Speaker A: I'm not joking so see the banatanal Visanda Karl. [00:38:50] Speaker B: Sachina Pilot coffee Bari thank you very much. [00:39:32] Speaker A: Otoga gal Sari shuru. [00:39:36] Speaker B: Yeah so pure Poly features designer features O Sari Grand Lakh mentioned Kita Kanda soaking tub Kirkland so Justin Trudeau Bhatke Speaker Kari Hoge Justin Trudoniya Jo Bhadwich Audio which Sonanumalaya Tom Clark Jedi dos Nikoki Tom Clarke the Kitosios Apartment. [00:40:26] Speaker A: The condo the Inspection Kirk Jedi Canada Raj Duth Nay Jedi General Consulate General Nay New York Station Kitaga post Kitaho apartment to that effect Justin Trudon homophobic comments karna fervas crap word on an estimalkita tabdili laguhoegi iki navambar to honor mortgage switch karate switch kar from one lender to the other stress test nahi hovega a stress test visa which implement hoyasi jide which Honda contract rate percent another which one jedavi number higher mortgage qualify Karni Pandisi Lokan the existing mortgage Chaldiyaraya the renewal the Samadh lender switch Karl Jasi Kyoke J koi apani mortgage trade switch week stress test. [00:42:43] Speaker B: Dubara renewals right so can they be honest amortization so fair can they. [00:43:30] Speaker A: Say switch weekend they thought no stress test already haggi has galda incentive so ikte competition bureau valiant March devichard policy insured versus uninsured mortgage level playing field Hani Jade Bandhead Hono v percent run down data straight switch situation Badal Jagi mortgage brokers that come with or panavas are a local renewal semi shopping kardeni ferre contact a broker lender. [00:45:06] Speaker B: Incentive hoya to lenders to provide cheaper rates as it is competition they are already giving very aggressive rate of options so Sarkari policies Wang maybe it's too little too late. [00:45:35] Speaker A: Ethanya right velagunahi samadhi bhadwatanwa thank you Vijay.

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