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Pierre Poilievre Profile picture
@PierrePoilievre
Aug 30, 2019 • 4 tweets • 1 min read • Read on X
Quarterly GDP growth looks not as bad as the last two sluggish quarters. But beneath the surface, there is weakness. Image
Households are pulling back. Consumption slowed to just 0.1%, the weakest in seven years (since Q2 2012). People are feeling pinched.
Businesses are pulling back. Investment fell 4.3% in Q2 with machinery and equipment spending falling 9.3%. Exports were the only bright spot, driven by higher oil prices, minerals and ag.
This is what we’ve been saying all along. Topline numbers mask the fact that Canadians are just barely getting by.

It’s time to get ahead.

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More from @PierrePoilievre

Pierre Poilievre Profile picture
Jan 26, 2022
1/4 How about some math?

A variable rate mortgage is now 1.5%

Inflation is 4.8%

So adjusted for inflation, the real variable rate is MINUS 3.3%, which is like paying people to take on the biggest debt possible.

#JustinFlation
2/4 The Real Estate Association says the “typical” home costs $811k for a mortgage of $770k with 5% down.

Each 1% rate hike, costs a family $7,700/year.

How many will default because they can’t afford that?

#JustinFlation
3/4 So, let’s say that when rates rise and people can no longer afford $811k homes, prices drop back to 2020 levels?

That’s over 20% drop.

How many families will default while having mortgages worth more than their houses?

Who will pay those losses?

#JustinFlation
Read 4 tweets
Pierre Poilievre Profile picture
Mar 15, 2021
We have more places in Canada where there is no one than places where there is anyone. With so much land & so few people, why is our real estate among the world’s priciest?

bloomberg.com/news/articles/…
Answer: local governments block supply. Federal gov subsidizes demand.
In the short-term, we get massive wealth inequality as mansion-dwellers get price gains, while renters pay more & can never afford to own.
Read 4 tweets
Pierre Poilievre Profile picture
Sep 26, 2020
The Liberals are not planning to make child care affordable. They instead want parents to pay more for it on their tax bills. A $22B/year gov-run child care program means a permanent 3% hike in the GST, with no guarantee everyone gets a space.
Parents should have the freedom to choose how to spend their child care dollars rather than having Trudeau impose his will on them.
Liberals would also punish women who make choices the government doesn’t like. Choose neighbourhood care, a grandparent, a stay-at-home dad or other unapproved options and Liberals will punish you.
Read 5 tweets
Pierre Poilievre Profile picture
Aug 15, 2020
Why the hell is government giving money to “venture capitalists” in the first place? True capitalists invest their own money, not taxpayers’ money.
amp.thepostmillennial.com/exclusive-trud…
We are always told big government redistributes wealth from rich to poor. Yet here again working class taxpayers fund wealthy financial elites with friends in high places.
In a state-run socialist economy, it is possible to get rich. You just need political connections to unlock the prodigious vaults of the state.
Read 4 tweets
Pierre Poilievre Profile picture
Jan 23, 2020
« Depuis quelques semaines, je forme une équipe et gagne un soutien pour une possible course à la direction du Parti conservateur. En sillonnant le pays, je suis ravi par la réponse favorable.
Je savais que ce serait difficile pour ma vie familiale. Mais je n’imaginais pas combien.
C’est encore plus difficile parce que je venais de passer les 18 mois précédents à faire campagne pour regagner mon siège à la récente élection fédérale, au cours de laquelle j’ai raté la majeure partie de la première année de notre bébé.
Read 6 tweets
Pierre Poilievre Profile picture
Jan 23, 2020
"Over the last several weeks, I have been building a team and support for a possible run for the conservative leadership. In criss-crossing the country, I have been overwhelmed with the favourable response.
I knew it would be hard on my family life to do this. But I did not realize how hard. It is harder still because I had just spent the earlier 18 months campaigning furiously to win back my seat in the recent federal election, I mostly missed the 1st year of our baby's life.
As such, my heart is not fully engaged in this leadership race. Without being all in, I cannot be in at all. So I have decided not to seek the leadership of the party at this time.
Read 5 tweets

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