Trump's executive orders, December inflation comes in at 1.8%, BC government launches short term rental registry, Surrey's illegal construction cracks down.

[00:00:02] Speaker A: And now News Takeaway. [00:00:20] Speaker B: Connect FM 91.5 News Takeaway segment Good morning Vijay Good. [00:00:28] Speaker A: Morning Connect. [00:00:52] Speaker B: It was expected. I mean I think Donald Trump. [00:01:16] Speaker A: Donald Trump none of this is surprising. [00:01:24] Speaker B: Dominic LeBlanc review. [00:02:40] Speaker A: Close to 100 to be exact. [00:03:13] Speaker B: To be exact, Trump and the next executive order is. [00:03:49] Speaker A: Can you imagine Biden doing this? I don't think so. [00:04:15] Speaker B: I think. [00:04:18] Speaker A: Canada Mexico I think February 1st I think we will do it February 1st. [00:04:51] Speaker B: Off the camera Tipanika Racing I think February 1st Joe Biden. [00:05:48] Speaker A: Firearm regulations Offshore oil withdrawal Federal worker protections Executive orders Biden Biden Administration. [00:06:05] Speaker B: Constitutional challenge those executive orders may not stand Birthright citizenship the constitution I believe 14th amendment executive order to sign Karta Birthright citizenship. [00:06:36] Speaker A: Most forms of it. [00:06:37] Speaker B: Most forms of it yes, yes Constitutional challenge that may not stand Department of Government Efficiency Elon Musk Unofficially Transparency laws Department of Government Efficiency. [00:07:23] Speaker A: Elon Musk Department Is it all coincidence Paris climate accord withdraw so hiring freeze Administration Sarkara Kabisi. [00:08:28] Speaker B: Cabinet Mantri and the confirmation. [00:08:44] Speaker A: Already chartered guaranteed freedom of speech Freedom of speech. [00:09:15] Speaker B: Democratically President Choice of words. [00:09:38] Speaker A: Too big. [00:09:38] Speaker B: To rig. [00:10:05] Speaker A: So ideology common denominator Parallels can be drawn Cost of living crisis. [00:10:26] Speaker B: Cost of living crisis Address Karna tariff Cost of living CR inflation. [00:11:11] Speaker A: Sarkari Agencia Federal government to end the weaponization of government 75 day extension so now we know it's a 75 day extension Capitol Hill writers. [00:12:03] Speaker B: Proud boys far right groups overnight American policies Male and female diversity, equity and inclusion policies. [00:13:07] Speaker A: Soon after Evaluation citizenship the refugee entrance Birthright citizenship and other changes Writers evaluation yeah so these were. [00:13:40] Speaker B: CBP1 app Joe Biden as of last night yeah Eastern time regularly. [00:14:27] Speaker A: Time. [00:14:28] Speaker B: Frame Canada Donald Trump Canadian administration at least media reports Does Trump know himself? India the Foreign Affairs Minister the Donald Trump administration India is Galvaste Trump administration illegals so New Delhi will be accepting those people back so Correct Correct. So Canada he's going to come after us. [00:16:39] Speaker A: The United States will once again consider itself a growing nation One that increases our wealth, expands our territory, builds our cities, raises our expectations and carries our flag into new and beautiful horizons. Expansion, territorial expansion Centuries territorial expansion Greenland we don't know at least Greenland. [00:17:21] Speaker B: The. [00:17:22] Speaker A: Gulf of Mexico the Denali Hilda Gulf of Mexico Gulf of America. [00:17:47] Speaker B: That'S another thing Mexican cartels Terrorist organization Drug cartels basically not specifically Mexican drug cartels Terrorist organizations. [00:18:13] Speaker A: So Alien enemies Act of 1798 as soon as possible. [00:18:25] Speaker B: Terrorist organizations drug cartels Stranger things have happened before so you never know Energy emergency Declare energy projects approvals Oil and gas permitting processor Energy emergency Hydroelectric renewable source even batteries electric vehicle mandate we don't need wind. [00:19:20] Speaker A: Donald Trump by the way Elon Musk Sundar Pichai Jeff Bezos Mark Zuckerberg Isarijani Bhattihaisan Elon Musk stage. [00:20:16] Speaker B: You have all my heart. This is what victory feels like. And all that more than once multiple directions. [00:20:34] Speaker A: Donald Trump Los Angeles wildfires and then he must have realized thank God for small mercies. He realized and then he pulled back. He didn't take that joke too far. So Donald Trump he can veer off from his written script. White House Oval Office Ojustri Kenalu Galbatsari Hoi reporter They put chejante first February I think we will do it first of February. [00:22:02] Speaker B: Yeah but that's a part of his strategy. That's a part of his strategy India. [00:22:55] Speaker A: The Foreign Affairs Minister S.J. shankar there was nobody there so there was nobody there. It was almost like designation wise she was the senior most leader to have gone to US from Canada function was. [00:23:55] Speaker B: Moved indoors. [00:24:00] Speaker A: There was no minister at least. [00:24:12] Speaker B: American president I don't think even last time I don't think it was Canada. I don't remember that we can look that up. [00:24:25] Speaker A: No, it wasn't. [00:24:26] Speaker B: It wasn't. [00:24:42] Speaker A: Yeah so yeah officially. [00:24:48] Speaker B: Inflation numbers the inflation numbers City of Sari Bare Provincial Short term Rentals Statistics Canada inflation number Sanjay December which a year over year inflation December visa Chavi November number three December actually came the point Char percent Katia temporary rebate yeah so interesting. [00:25:44] Speaker A: GST holiday food items restaurant food Correct Alcoholic beverages their daily products tobacco products recreational cannabis so Sarkar the GST holiday. [00:26:13] Speaker B: Food. [00:26:13] Speaker A: Alcoholic beverages tobacco products and recreational cannabis Recreation, education reading and clothing and footwear. [00:26:25] Speaker B: Khan of course yes food so contribute December which inflation year over year inflation November to see November December impact temporary GST relief Alcoholic beverages alcohol content this is going to continue even wine. [00:27:32] Speaker A: And some other alcoholic beverages. [00:27:41] Speaker B: Whiskey included Nahisi spirits day is a category to bar horn impact overall year over year JDK November which actually equal percent so December year over year 8.10% November then all December alcohol the price compare Kirk the char point eight percent the gravity month over month in the month of December. [00:28:16] Speaker A: Restaurant food 1.6%. [00:28:40] Speaker B: Harmonized sale tax Ontario is one of those provinces by the way GST break the effect GST break December half a month so January numbers for the month of January inflation numbers HST break no factor in Karung. [00:29:34] Speaker A: Is overall inflation food prices the restaurant food. [00:29:45] Speaker B: Shelter prices December average by point so December December visa in three years average. [00:30:12] Speaker A: Mortgage Interest cost October we saw December we saw Chavitakda point charge percent December. [00:30:28] Speaker B: We saw by way interest rates mortgage index. [00:30:45] Speaker A: 10% year over year over year month over month char point char percent cut. [00:31:13] Speaker B: Travel services traveler accommodation. [00:31:37] Speaker A: Sorry BC inflation overall Ontario they reach 1.7% so numbers inflation bank of Canada Money markets Bank of Canada 25 points. [00:32:12] Speaker B: Regularly inflation of healthy DOE percent they needed a so Kihon Osti is no factor in Kirk bank of Canada Fair bank of Canada basically domestic demand with domestic demand Domestic demand Bank of Canada aggressive cuts. [00:33:40] Speaker A: Bank of Canada the interest rate announcement. [00:33:54] Speaker B: You never know. [00:34:01] Speaker A: For money markets 25 points. [00:34:13] Speaker B: Short term rental the registry Short term rental restrictions Short term rental operate property which short term rental operate this property Short term rental operator primary residence single family home platform long term renters housing shortage short term rentals entire homes the listings. [00:35:44] Speaker A: Yeah, so did our registration portal they will be required to pull down unregistered listings Registration number. [00:36:12] Speaker B: Right, right. It's a whole month entire month in. [00:36:14] Speaker A: Between as you mentioned so I don't know. [00:36:52] Speaker B: While I am away. [00:37:09] Speaker A: Registration fees 100 per year secondary suite laneway home cottage short term rent Airbnb. [00:37:43] Speaker B: Short term rental operators $600 per year that has to be I guess $600 per unit it cannot be for the whole strata. [00:38:05] Speaker A: For entire. [00:38:18] Speaker B: So registration portal gov BC CA STR registry so do R on the neck short term rental the str so gov bc ca forward slash str registry registration. [00:38:45] Speaker A: And I'm assuming 28-02-2025 yeah. [00:38:51] Speaker B: Right like you said that will be taken away Register provincial government and registration number online listing platform rental operate Kara already provincial register Karega on a business license Business license the fees booking on the Adani Provincial Sarkar JDB short term rental the booking occupancy taxes. [00:40:30] Speaker A: This is. [00:40:30] Speaker B: Over and above I'm sure haven't looked into the the portal. [00:40:52] Speaker A: You don't have to jump through them Housing Minister municipal rules this is over and above on top of that dollar per day. [00:41:24] Speaker B: So housing supply short term restrictions entire homes short term rentally available Gita already bylaws construction illegal construction especially during the pandemic Housing the shortage City of Sari properties Notice on title since July last year Since July of last year property basically exist illegal bedroom illegal dwelling units without any proper permits without any proper permissions. [00:43:14] Speaker A: Special council meetings unanimously decide Kita so notice on title Red flag notice Notice on title under the sections 57 of Community Charter Illegal construction. [00:43:57] Speaker B: Basically Exactly. Precisely. It's a very good point. That's essentially what it is that's a good comparison thank you that's a good comparison yeah just the way you said. [00:44:18] Speaker A: It thank you so. [00:44:30] Speaker B: If they're not going to sell it and they continue to get the cash flow imagine red flag notice property paid off away or whatever the situation is property line of credit whatever one other financial arrangement we're just guessing legal construction so deterrent is it really that big of a deterrent? Advertisement. [00:45:59] Speaker A: Correct this is really unfortunate federal multiple levels it's you know. [00:46:47] Speaker B: Demolition permit financial penalty since July of 2024 properties is that also a possibility Illegal construction up to Courtland. [00:47:48] Speaker A: In case of fire insurance will not cover Correct do you. [00:47:51] Speaker B: Think they care yeah that's right do you think they care do you think they care insurance and if their number is more than I think two or three ah Senehad and there and then policies on cronio equity comparison of Gara Cronley coverage. [00:48:32] Speaker A: Thank you Vijay.