But first…

Yesterday’s pipeline news has been quite the feast for the news junkies among us. Mere hours after the prime minister and Alberta’s Danielle Smith signed the memorandum of understanding, Carney’s minister of environment and climate change resigned from cabinet in protest – though it seems likely he would have been shuffled out of the position anyway.

Meanwhile, the newly minted B.C. Green Party leader dropped an f-bomb on TikTok to express her displeasure over the pipeline. It may not matter though – some of the more astute commentary on the issue reasoned that it may never be built anyway. I’m inclined to agree. We’ll see.

OK, let’s talk housing.

- Stephen Smysnuik

Hope, sweet hope

Prime Minister Mark Carney’s “Build Canada Homes” federal agency aims to help young Canadians buy homes by investing $13 billion in affordable housing. At the same time, many of those same young Canadians have already given up on the dream of owning their own home.

In today’s story, Alyssa Hirose argues that, on the one hand, some young people actually have more money than their boomer parents. No, most can’t afford a $2M condo in downtown Vancouver, but they might be able to afford a $119,000 home in Calgary. Sometimes living the dream requires giving up parts of that dream? Assuming you don’t have access to the Bank of Mom and Dad, that is.

Nope, sweet home

Then again, homes are expensive. Restaurants are expensive. Groceries are expensive. Some suggest that the dream of homeownership is totally dead, as young people choose to spend their money on, like, Labubus ‘n stuff. Sure, housing prices have dropped a bit, but they’re still out of reach for many, when the average income for someone under 30 is $63,000, and they’re not spending all their money on Labubus ‘n stuff.

In other news

  • Our benevolent Canadian government has announced a new weather alert system to help protect us is in extreme weather, which was nice of them

  • The Albums of the Year lists are spilling out all over the internet, despite the year not being over yet, and Canada’s longest-running music mag released theirs. Never heard of that #1, I’m sorry to say. But their #2 is 🔥🔥🔥🔥🔥🔥🔥🔥

  • A man from CNN went on a barefoot hike and you won’t believe what happened next

  • And in case you missed it, and haven’t had enough pipeline news, check out our take on the whole thing

Ciao for now!