Neil Malhotra @neilmalhotra
CFO at Claridge Homes & Riverstone Retirement Communities claridgehomes.com Ottawa, Canada Joined July 2008-
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Ottawa police to outline plans for targeted enforcement in ByWard Market, Rideau Street area ottawa.ctvnews.ca/ottawa-police-…
Thread from last week. If we’re going to tackle the housing crisis, we need to address two big issues: taxes and land costs.
Thread from last week. If we’re going to tackle the housing crisis, we need to address two big issues: taxes and land costs.
Rourke Chartier | Coming in Hot LIVE - April 16th x.com/i/broadcasts/1…
We instituted a vacant home tax because we were told there are 1.3 million homes out there sitting empty just waiting to be occupied. That was a lie. We instituted a foreign buyers tax and ban because we were told all the housing was being bought up by them. This was also a lie.…
a lot of interest payments for LRT system that doesnt serve many new housing areas, a new Olympic size pool/performance center in the Central Area
a lot of interest payments for LRT system that doesnt serve many new housing areas, a new Olympic size pool/performance center in the Central Area
there are even worse examples in Ottawa
many large landlords already do credit reporting for tenants. it is likely inflationary for many small landlords as it is expensive and complicated. will have zero impact on housing affordability for renters
Im personally disappointed the province is not implementing 4 units as of right - however even if they did it there would have been zero impact on the housing crisis. There needs to be a greater focus on lowering the costs of new builds - thats where the wins are. Feds should…
Let’s change course and build
well said
We initiated the Downtown Ottawa Revitalization Task Force to listen to community and businesses’ ideas to reimagine our downtown. With a thoughtful report in hand, the collaborative work begins to put the ideas in action.
milei’s speech should be the media event of the year. every high school class in the US should break and watch it, then spend a week understanding the historical context behind his devastating truths. if you haven’t watched, please do. and share widely.
milei’s speech should be the media event of the year. every high school class in the US should break and watch it, then spend a week understanding the historical context behind his devastating truths. if you haven’t watched, please do. and share widely.
Hier était un grand jour pour Ottawa ! Le groupe de travail sur la revitalisation du centre-ville a publié son rapport détaillé contenant des recommandations pour réimaginer notre centre-ville afin qu'il devienne un espace dynamique et centré sur les gens.
very interesting thread. @ronmortgageguy if you ever want to chat and talk about this issue would love to. It is not going to take 3% interest rates to get production started again - rate stability (which looks like we are there) is going to be the demand inducer
very interesting thread. @ronmortgageguy if you ever want to chat and talk about this issue would love to. It is not going to take 3% interest rates to get production started again - rate stability (which looks like we are there) is going to be the demand inducer
Im long 🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦🇨🇦 too
the more I see @AlderLaneEggs call Canada Arctic Mexico the more I start to appreciate as a Canadian he might not be wrong. most of the time though it just makes me giggle
the more I see @AlderLaneEggs call Canada Arctic Mexico the more I start to appreciate as a Canadian he might not be wrong. most of the time though it just makes me giggle
ignoring builders is how we got in this mess. you can’t ignore the data just cause your a NIMBY
ignoring builders is how we got in this mess. you can’t ignore the data just cause your a NIMBY
I'm glad we're starting to have this conversation... particularly that the problem is ultimately A FAILURE TO PLAN FOR POPULATION GROWTH, not the growth itself. theglobeandmail.com/politics/artic…
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613 Followers 348 Following VP Venture Development - Invest Ottawa. Marketer, entrepreneur, strategist. Sens fan. Tennis nut. Eagles addict. Draftnik. Pugilist. Dad to 3 rabble-rousers.@neilmalhotra That’s how we like it these days Neil. Sign of the times lol
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Good old days of @naslofficial …
As someone from a family of welders and iron workers…. We know exactly what Pierre was saying and aren’t morons that thought he meant “bare hands” literally.
My dad's a welder. You know what he would call a welder who works with his bare hands? A moron. Tell me you're trying to appeal to the blue-collar class while knowing nothing of the blue-collar class.
I feel like this shouldn't have to be said, but: It is impossible to create attainable housing for middle-class families when per-home development charges are in the six figures. The math simply does not work.
My hot take is that we NEED to include student housing, LTC beds, rooming houses, housing for agricultural workers… all the homes that previously weren’t counted (& the ppl in them didn’t count in housing policy). AND we need to revise housing supply needs upwards. Big time.
NEW: First LTC beds and now student housing. While the CMHC doesn’t count them as new homes, the Ford government will start counting student housing towards its home building targets. globalnews.ca/news/10410474/… #onpoli
This city crushes the soul.
This is a hard conversation to have, but it is fundamentally unreasonable for the government to charge Canadians 6-figure tax bills just to buy or move homes. HST and LTT should be scrapped. Taxes on mobility are bad. This is a demand side reform that is worth conversation!
If PP wakes up and calls the Hell Hole Arctic Mexico he wins in a landslide
"Vancouver, Canada is now the third most expensive housing market in the world" "Toronto has the worst housing bubble on planet earth" "We have the most mortgage debt by far of any G7 country" "This is INSANE" "What is the number one cost to building a new home in Vancouver,…
I find the media’s takes on SpaceX’s achievement utterly outrageous. It’s straight out of Ayn Rand novels. What is the game here? Usually incentives explain these things but there isn’t even a follow the money type motive that I can detect? It’s just tribalism? nihilism?
@PeterMacKay Thanks for sharing this Peter. Miss him everyday. Best, JWC
Goal in the first 10 minutes of a Sens road game hits for the 15th time in 16 games this season
@MarioNawfal Lol Russian billionaires got way nicer boats
WOW! Canada's population is up 430,000 in just 3 months. Now at 40.5 million.
I'm long 🇨🇦 Next stop 100M 💪
WOW! Canada's population is up 430,000 in just 3 months. Now at 40.5 million.
@JohnPasalis Furthermore, we should make it very clear, using clear language, about: 1. What problem we’re trying to solve 2. What the root cause of the problem is 3. What is our proposed remedy 4. What unintended consequences will that remedy have
Neil raises a good point here. But the Feds could do it one way: Municipalities that want Housing Accelerator funds have to legalize housing in the catalogue. x.com/neilmalhotra/s…
@MikePMoffatt id like to see the implementation. i don’t think CMHC could craft something that met every design policy in every municipality in Ontario
I really wish media would stop doing "Fact Checks", as they tend to get more facts wrong than the piece they're seeking to debunk. This piece is a prime offender.
#FactCheck: While Pierre Poilievre has shown he understands why younger Canadians are so mad about housing, can he deliver solutions? He sure isn’t offering any, say experts. @JenStDen fact-checks Poilievre’s “housing hell” video. 🏘🔥 thetyee.ca/News/2023/12/0…