An intriguing, and disconcerting, claim by Martin Pelletier, CIO, that the minimum income to qualify for a mortgage on an ‘average house’ in Canada is now $200,000. Keep in mind this is just to get your foot in the door of the real estate market. The average house price in Canada is $735,900.
The average income in Canada is currently around $57,000, give or take a thousand or two. Keep in mind that many make far less than this, as the number is inflated by the (far fewer) higher incomes.
Simple math signifies that the current generation will not be owning houses anytime soon, without some major help – say, from well-off parents – which very few of them have.
We will have millions of quite literally dis-placed, homeless people in Canada, almost all of them young, and devoid of much hope, stuck in an endless loop of unstable rentals at crippling cost, moving from pillar to post, beholden to absent landlords, who are in it for the money. Trudeau’s housing plan is to cram them all into small apartments, and even this will be a drop in the bucket.
As a recipe for societal cohesion, this is not.
We need to return to the basics, to the teaching of the Church, to Rerum Novarum and all this necessary for a life well lived. That will require facing reality, a hard, but necessary, taskmaster. God always provides, in some way, for those who are faithful to Him.
As a follow-up to my thoughts on Payette’s payout, here be a stark image of where are here in Canada. As the graph shows in, well, graphic terms, since 2025, the public sector has contributed to 95.5% of economic growth. The private sector – which funds the public sector, or is supposed to – has[…]Continue reading→
(Today marks the sixth anniversary of the death of Father Alphonse de Valk, C.S.B., a faithful, courageous and indefatigable Basilian priest, pro-life-and-family apostle, and the founder of Catholic Insight magazine. Here is what we wrote those on his entering into eternity five years ago, as we continue to remember him in our prayers and thoughts)[…]Continue reading→
As a good news, follow-up to our story from Poland, of the persecution of Weronika Krawczyk for her pro-life views, we heard that she has been granted a presidential pardon. One might still wonder why one needs a presidential pardon for simply holding the long-held belief that the child within the womb is a child,[…]Continue reading→
Pope Leo XIV has asked Catholics across the world to join him in a Rosary for peace today, at 18:00 Rome time (6 pm), which would be noon from where I write (EST). If you are able, whether at that time or another, and in whatever way you pray, to join in intercession with the[…]Continue reading→
I was glancing through some headlines, and noticed a mention of Julie Payette – engineer and astronaut and sometime the Queen’s representative in Canada – which brought back vague memories. She was appointed Governor-General by Justin Trudeau in 2017. Ms. Payette resigned in 2021, amidst claims that she created a ‘toxic work environment’, with allegations[…]Continue reading→
We celebrate Saint Stanislaus today (+ April 11, 1079), in light of this Easter Octave, a bishop and martyr who accepted the episcopacy only at the direct order of Pope Alexander II. He proved a wise and courageous leader of his flock, put to death by his own king, Boleslaus, for rebuking the monarch’s ‘immoral[…]Continue reading→
Catholic Action in Poland has issued a formal statement appealing to the President of the Republic of Poland to pardon Weronika Krawczyk—convicted for warning other women against an abortion-performing gynaecologist. Catholic Action (AK) emphasizes that no apology is owed to a doctor who has performed numerous abortions and proposed others; furthermore, the organization considers the[…]Continue reading→
A very blessed and glorious Easter! Christus surrexit vere, alleluia! As we begin this Easter Octave with the great Solemnity of Easter, music to lift the soul would be one of Bach’s Easter cantatas, composed during his time at Leipzig in the early 1700’s, for the six Sundays of this festive season, leading up to[…]Continue reading→
Today, April 4th, muted this year by Holy Saturday, is the commemoration of Saint Isidore of Seville (560-636) a bishop and doctor of the Church during a tumultuous age, when civilization was crumbling, coming apart at its very seams, which may sound sort of au courant. Then again, the form of this world has always[…]Continue reading→
The time between Good Friday and Easter Sunday is one of waiting, in silence, as the world wonders – anticipates – what will happen, after the death of Christ. We re-live this time each year in the anamnesis of our liturgy, and in turn look forward to the glorious re-creation of all things at the[…]Continue reading→