- 326 Posts
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streetfestival@lemmy.cato Canada@lemmy.ca•Too much, or too little: Has the housing crisis led to overbuilding?English13·4 days agoI live in Toronto and can speak to what’s happening here. The financialization of housing is to blame. Most new builds are condos, many units are smaller than most people would want to have a family in.
https://thehub.ca/2025/05/17/chart-storm-five-graphs-on-torontos-historic-condo-market-collapse/
Some of the condo units for sale in Toronto are about 550 square feet, are cheaply made, have poor layouts and are listed for over $760,000; small, subpar quality, and expensive.
The quantity of unsold completed units has more than doubled compared to last year, marking the highest level of unsold completed units in Toronto since the first quarter of 1993. Experts at the real estate think tank Urbanation anticipate that the increase in completed and unsold inventory will persist in 2025, with an additional 2,411 unsold units expected to be finished by the close of 2025.
So what’s being built is designed to meet investor interests but not community needs.
These units are also listed at incredibly high prices, so that if interest rates drop a bit, units lose the value they are listed at pre-construction, and quickly become negative assets from the perspective of a homeowner versus a long-term investor.
And all this is market-priced housing, not the subsidized housing we desperately need in addition to affordable and adequate market-based housing.
Affordable housing was a non-partisan issue before the financialization of housing in Canada in the 1990s
streetfestival@lemmy.caOPMto Canadian Football League@lemmy.ca•CFL 2025 - Week 1 Discussion ThreadEnglish2·6 days agoI love Dogg Bowl. It’s clever and it’s funny because it doesn’t hit; i.e., a dog bowl is not impressive-sounding
streetfestival@lemmy.caMto Canadian Football League@lemmy.ca•Manitoba Premier Wab Kinew refuses to hold Riders jersey, flashes Bombers hand gesture in first ministers meeting photoEnglish4·6 days agoThe head of the province’s NDP government was the lone dissident during the first ministers meeting in Saskatoon this week when Premier of Saskatchewan Scott Moe gifted all the attendees their very own custom Riders jersey.
As an Ontarian, I often have premier envy of Kinew. To be among idiots like Moe, Smith, and Ford and still show principles and representation of his province and people - right on!
I was really intrigued by the Bombers hand gesture mentioned in the headline. It wasn’t as original as I was hoping. But I will remember it. I’m in Toronto and have some family in Saskatchewan. When next I go to SK, I’m planning on dressing out in Bombers’ gear and trolling locals as much as I can 😂
streetfestival@lemmy.caOPMto Canadian Football League@lemmy.ca•CFL 2025 - Week 1 Discussion ThreadEnglish2·6 days agoThe franchise re-embracing their racist slur former team name lost 31-14 to the Lions! 1 down, 21 losses to go!
streetfestival@lemmy.caOPMto Canadian Football League@lemmy.ca•CFL 2025 - Week 1 Discussion ThreadEnglish2·7 days agoAgreed. Montreal did look good! Toronto not so much…
streetfestival@lemmy.cato Ontario@lemmy.ca•Ford government proposes major rollback of Blue Box recycling rulesEnglish12·8 days agoThe government would allow producers up to 15 per cent of recycling targets to be met by burning non-recyclable plastic waste in incinerators or cement kilns.
Ontario is still dumping billions of bottles and cans, while other provinces profit from a deposit-return recycling system. Despite 81 per cent of Ontarians supporting such a system, last year the Ford government scrapped the non-alcoholic drink container deposit-return program, citing cost concerns “for small businesses and families,” without providing any estimates.
Ontario NDP environment critic Peter Tabuns said the Ford government’s decision to delay recycling targets and loosen producer obligations is a clear example of corporate influence overriding public interest. He argued that big companies have had more than a decade to develop less wasteful packaging but failed to act. Tabuns said the idea behind extended producer responsibility was to force innovation by making polluters pay, but the changes signal a retreat from that principle. He added that the government’s decision to allow incineration to count toward recycling targets would worsen climate emissions and increase toxic pollution.
streetfestival@lemmy.caMto Canadian Football League@lemmy.ca•Edmonton emphasize Green and Gold legacy, fade Elks branding with new jerseysEnglish31·8 days agoWhat an embarrassment to the CFL and Canada. I like sports as a break from the depressing signs of how fast society has started going backwards in terms of progress. I liked Tre Ford. Now, I guess I have a team to root against. Edmonton 0-22 this season, let’s go!!!
streetfestival@lemmy.cato Toronto@lemmy.ca•Is this a scam? Never heard of a whitebook and there's no ram, HDD and the keys are unlabeled.English2·12 days agoYou might get better answers in a tech-related community
streetfestival@lemmy.cato Canada@lemmy.ca•If you live in a big city in Canada, chances are you regularly hear noises that are harmful to your health. Busy roads can increase your risk of ichemic heart disease.English2·14 days ago@[email protected] @[email protected] @[email protected] I’m pretty sure I viewed this post when it still had the original CBC link, with the CBC headline preserved in the post title. I think this poster is getting tripped up by the Lemmy issue whereby adding a post image deletes the URL. Maybe the user then supplies their own title instead of the ‘copy suggested title’
streetfestival@lemmy.caOPto Toronto@lemmy.ca•Toronto considers burning trash as landfill nears capacityEnglish2·14 days agoBURN it?!?!?! That’s stupidly insane. Must be a plot by assholes that are going to make a lot of cash building an incinerator somehow.
Yes. There’s someone representing an incinerator company who’s well-featured in the article, making pro-incineration arguments. It seems so emblematic of today that there must surely be research evidence to indicate the better move but it doesn’t seem to matter much in the making of society-directing decisions, how they’re covered in popular media, and everyday people’s understanding of sociopolitical issues (or lack thereof)
streetfestival@lemmy.caOPMto Canadian Football League@lemmy.ca•CFL 2025 - Preseason C Discussion ThreadEnglish2·18 days agoThe bright side is that for viewers in Canada CFL+ exclusivity ends when preseason does
I see you’re off-instance, so just so you know we have a fledgling [email protected] community on here
streetfestival@lemmy.cato Canada@lemmy.ca•Anand summons Israeli ambassador after IDF shots fired near 4 Canadian diplomatsEnglish11·24 days agoIsraeli troops fire ‘warning shots’ at 25 diplomats visiting occupied West Bank: https://www.theguardian.com/world/2025/may/21/israeli-troops-fire-warning-shots-25-diplomats-visiting-occupied-west-bank
Shots force delegation representing 31 countries, including Italy, Canada, Egypt and UK, to run for cover
streetfestival@lemmy.cato Canada@lemmy.ca•Sources: OKC's Gilgeous-Alexander wins NBA MVPEnglish5·24 days agoIn plain English: Shai Gilgeous-Alexander - A Canadian (born in Toronto ON and grew up in Hamilton ON) - was recognized as the best basketball player this year in the world’s most elite men’s basketball league (NBA). He plays for the Oklahoma City Thunder professionally. He also plays for Team Canada. In a wider sense, he represents an ongoing emergence of basketball talent in this country at the highest level that is decades in the making. Canada’s Men’s Basketball team is going to be stacked for a while. Canada’s Women’s Basketball has been globally dominant for a while.
I assume all anti-bike stuff is essentially astroturfing funded by big money interests that want to maintain the status quo and keep the public focus off of climate change and our failure to respond to it, the affordability crisis, and widening inequality. And they’re able to trot out a few people who have nothing better to do with their time and who are too stupid to know what’s really going on
Canada has an anti-vaccination problem. It’s wiiiiiild how quickly the alt-right in the US (and the big money, mainstream media, and social media amplifying them) have normalized unintelligent, selfish, anti-civilization behaviour like being anti-vaccination.
Along with the Black Lives Matter movement, people’s distrust in Chump handling the COVID-19 pandemic in 2020 was a big reason why the US chose Biden over Chump in 2020.
It’s wild how quickly we’re throwing out progress now. Mainstream news is a joke. CBC’s often good but any tongue-in-cheek coverage of Chump is a disservice to our country. Mainstream social media is a propaganda chamber where the oligarch-serving alt-right and foreign disinformation and division efforts work in harmony spreading similar misinformation.
The US is making moves to restrict access to COVID vaccines (while they have stopped counting bird flu outbreaks): COVID vaccines are only approved for elderly and a few others as RFK continues to reshape how Americans fight disease
The Mennonite angle interests me. I would guess their vaccination rates haven’t changed much over decades, them being very consistent in their ways and presumably less affected by recent political developments. Have their vaccination rates fallen, or were they never all that well-vaccinated but were guarded by herd immunity amongst local non-Mennonites - that acted as a fire barrier that’s increasingly breaking down
Insurance companies claim closed PPNs will help ordinary people and reduce premiums.
Not in the slightest bit believable
How @#$%ing original
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Thursday’s match should be fun! The Als and Riders might surge to 2-0 this week. I’m hoping the Argos can win and redeem themselves after last week’s loss to the Als
Go football!