Bomb threat at six Canadian airports, BC government development cost changes, Canadian Military readiness in question

[00:00:01] Speaker A: And now News Takeaway. [00:00:13] Speaker B: Connect FM 91.5 News Takeaway segment. [00:00:20] Speaker A: Good morning Vijay Good morning Connect now connect Good morning Soshki Bolna Soshki. [00:00:35] Speaker B: Problem air traffic controlling the company the proper investigation. [00:01:26] Speaker A: Yeah so airports Toronto Airport so Ottawa, Montreal Edmonton, Winnipeg, Calgary, Vancouver the airports ground stops temporary U.S. aviation regulator Montreal ground stops lift Edmonton airport operations that was short lived. [00:01:53] Speaker C: So. [00:02:20] Speaker B: Make sure. [00:02:29] Speaker A: Social media post gradually resume after temporary ground stops ordered. [00:02:42] Speaker B: Traffic controller flights delay multiple times France traffic controllers France Jana so air traffic controllers toxic work environment. [00:03:17] Speaker A: Teachers construction workers yes Sade restaurants which come Kanali workers behind farm workers. [00:03:28] Speaker C: Yeah. [00:03:32] Speaker B: Technical fields Artificial intelligence Artificial intelligence on artificial super intelligence Microsoft management position Artificial intelligence. [00:04:08] Speaker A: Which was AI. [00:04:08] Speaker B: Specific Yes Arterial intelligence. [00:04:19] Speaker A: Doctors, nurses teachers farm workers construction workers so mismatch. [00:04:45] Speaker B: International students Sarkar institution Singh international student. [00:05:42] Speaker A: International. [00:05:42] Speaker B: Studently trade program available business. [00:05:48] Speaker C: Yeah so. [00:05:52] Speaker A: International students degree degree courses Basically graduate degree postgraduate doctorate degree certificate course According to labor shortages so hopefully but it. [00:06:40] Speaker B: Takes time it does take time. [00:06:58] Speaker A: Labor shortages social media influencers. [00:07:10] Speaker C: Yes. [00:07:22] Speaker B: Hi guys. [00:08:09] Speaker A: We feel this collective pride. [00:08:10] Speaker B: Correct. [00:08:21] Speaker A: That doesn't add up. Imagine Karo astronauts are there go to Hero White Rock telescope like Telescope like. [00:10:04] Speaker B: Yeah and then everybody is looking at that next opportunity Views on likes on likes the views. [00:10:54] Speaker A: You are a digital creator. You are a digital creator Sound like an uncle. [00:12:09] Speaker B: Recently weak report I see Home affordability index affordable Odon Casa Kangikar Hoge those are Charali building community developers Upfront cost Development cost charges Development cost charge upfront cost. [00:13:54] Speaker A: Yeah so rule here Amenity cost charge Hogia school site acquisition charge developer no upfront 30 payment project complete and that or within two years whichever is earlier. [00:14:20] Speaker B: And especially project complete Hogia project. [00:14:43] Speaker A: Amenity cost charge school acquisition fund Ah Baki Jaden so Ad payment plan Jada Toraja Relax Kitagaya occupancy whichever is earlier. [00:15:23] Speaker B: Rather than paying the money. [00:15:32] Speaker A: Bank the letter of credit LOC surety bond on demand surety bonds on demand surety bonds so they are reaching out to the city to ask across the province developers prefer Karden the on demand surety bond credit the access or limit they're not limited just one bank or something the letter of credit throughout the province. [00:17:19] Speaker B: Theoretically speaking Fergal on the restructured development cost charges the payment the planner restructuring the Nalvi key developers know such much a incentive significant number they Onu Jaduntaka Kaijal Development community unit which Naginune problem Banoni a problem. [00:18:18] Speaker A: First time home buyers wait and watch karaine not for investment purposes Economic uncertainty so economic uncertainty Donald Trump. [00:19:19] Speaker B: They are also holding off. [00:19:25] Speaker A: Listings price correction. [00:19:45] Speaker B: Well I think reason economic uncertainty economic confidence auto sector manufacturing capacity GDP the numbers recently GDP second and third quarter. [00:20:45] Speaker C: Yeah. [00:20:47] Speaker B: God knows yeah Negotiation economic uncertainty economic fear that's very real for people it's very real. Yeah but they're coming back Expectancy August September traditionally traditionally. [00:21:26] Speaker A: But what will it take for the buyer to come back to the market. [00:21:38] Speaker B: Investor investor property. [00:22:04] Speaker C: Yeah. [00:22:04] Speaker A: I think Vijay I really think genuine. [00:22:07] Speaker C: Home buyer. [00:22:22] Speaker A: Investor prices Genuine home buyer price correction supply Chagi Hagiya investment waste that's fine let's take the plunge There are investor. [00:23:17] Speaker B: Metro Vancouver significant number especially smaller units 30 to 40% I think investors so real estate construction sector jobs the ultimate economic benefit that $1 billion economic concept real estate formula growth real estate sector that is the only way to sustain the value multi units single family neighborhoods overall finances political party. [00:25:58] Speaker C: Yeah. [00:25:59] Speaker B: Yes Housing Minister Auto sector CEOs company are the Canadian CEOs Ford Motor Company of Canada General Motors of Canada another CEOs trade work both were the uncertainty Canadian auto sector free trade agreement parts North American Free Trade Agreement. [00:26:54] Speaker A: US Components so Canadian Canadian yeah A Canadian non. [00:27:03] Speaker B: US. [00:27:06] Speaker C: So. [00:27:16] Speaker B: Federal government policy announced zero emission vehicles plug in hybrids in 2026 plug in hybrid Hobe yeah Electric vehicle zero emission vehicle 100% new sales zero emission vehician the auto sector CEOs. [00:28:28] Speaker A: Electric vehicles. [00:28:37] Speaker B: And the reason is incentives JD company V percent the target reach Kardi meet Kardi plug in Hybrid electricity JD. [00:29:23] Speaker A: Company. [00:29:31] Speaker B: For each unit Charging infrastructure so auto sector CEOs Auto Tariff. [00:30:06] Speaker A: Asian car makers Toyota, Honda, Audi, BMW the Association of Global Automakers of Canada European Asian brands represent the association electric vehicles Environment minister Naveen Julie Debruzen election campaign consumer carbon tax Kyogi Laka among incentive based system incentivize Karna Choni greener alternatives adopt Karongay Sarkar for no incentive the veggie. [00:30:59] Speaker C: Queen. [00:31:07] Speaker B: Incentive incentive. [00:31:11] Speaker A: Yeah so incentive program so most likely incentive program. [00:31:38] Speaker B: Buyer sideline of course which pricing factors Home ownership costs more than renting electric vehicles plug in hybrid even regular mild hybrid gasoline the cost as compared to the upfront cost of an electric vehicle so cost factor analysis technology that's a different story Cost factor analysis electric vehicles gas powered vehicles. [00:32:28] Speaker A: Electric vehicles environment friendly. [00:32:48] Speaker B: Government incentives that was a big driver of the system. [00:32:55] Speaker A: Over the cost over the ownership period of ownership so oh cycle which means the total cost exactly so gas vehicle the electric vehicle the price same electric vehicle Correct Yes Problem cost here. [00:33:16] Speaker B: Problem point of entry cost factor that is a big deterrent Sales because of Elon Musk political leanings overall across the market. Across the market Zero emission vehicles. [00:34:41] Speaker C: Trade. [00:34:41] Speaker B: Negotiation tax incentives Battery manufacturing plants Eastern Canada Ontario yeah yeah, Quickly Defense. [00:35:40] Speaker C: Of. [00:35:40] Speaker B: Course of the GDP by 2035 core defense spending the dead percent related civilian infrastructure Defense purposes Canada the defense spending Defense spending investments Canadian Armed Forces Functional Canadian Armed Forces Defense Department of Defense 90% of the forces would be ready for operations in accordance with established targets Operational level Operational level. [00:37:07] Speaker C: Yeah. [00:37:08] Speaker A: So forces the level we owe Operational level Defense the budget improvements Equipment military equipment Currently right now. [00:38:11] Speaker C: We owe a. [00:38:12] Speaker A: Training readiness operational requirements only 45.7% 45.7% for the Navy Yeah Air Force which a Percentage point no percent army less than 50% in all the three forces Kinna percent operational so O Ankara Air Force. [00:38:43] Speaker B: By 20322032 early 2030 right now we're in the middle of 2025. [00:39:13] Speaker A: It'S becoming rapidly becoming combat ineffective. [00:39:20] Speaker B: Internal reports There is a risk that Department of National Defense and Canadian Armed Forces Forces will not have the right military personnel in the right numbers with the right competencies at the right place and at the right time. [00:39:35] Speaker C: So. [00:40:18] Speaker A: Department of National Defense though issues highlight GDP by 2035 problems generate Horiani Timelines. [00:41:16] Speaker B: Achieve Armed Forces Canadian Department of National Defense Recruitment goal Department of national defense 200 days in some cases. [00:42:22] Speaker A: Department of National Defense Armed Forces Relief Operations. [00:42:38] Speaker B: Canadian Armed Forces within Canada Canadian Armed Forces within the country Armed Forces Canadian Armed Forces There is context. [00:43:16] Speaker A: Moral of the story. [00:43:23] Speaker B: Defense spending commitment Promises Liberals Average deficit salana Average deficit $77.7 billion Total deficit Average per year 77.7 penalties Total deficit. [00:44:30] Speaker A: Billion dollar per year. [00:44:54] Speaker B: JST Rahikar yeah. [00:45:04] Speaker A: So Nalina GST transfer payments. [00:45:45] Speaker B: Elbows up. [00:45:52] Speaker A: So elbows up. [00:45:53] Speaker B: Yeah. [00:46:11] Speaker A: Operational side of the budget so ACHE analysis Operational side of the budget Parliamentary budget Officer Institutes Operational side of the budget Balance Services reports Parliamentary budget Officer Operational side Capital side Basically Hawadi. [00:47:24] Speaker B: Cdhao Institute Vesa Generally conservative leaning think tank Stephen Harper. [00:48:09] Speaker A: Defense spending Billion dollar extra. [00:48:29] Speaker B: Holy Holy holy holy. [00:48:39] Speaker A: Holy holy holy. [00:48:43] Speaker B: Holy Canadians. That is Ajit. It's a liquid oxygen medal. Liquid is a gene. [00:49:06] Speaker A: Tattoo like a panch or oxygen is. [00:49:19] Speaker C: Oh man. Oh man. [00:49:30] Speaker A: Thank you.