Transparencie$ - Budget Smoke & Mirror$

We are to believe that the new Provincial Budget has set aside $250 Million for new housing. We are also to believe that we will win the Lotto, beat cancer, live forever and star in many award-winning shows. Okay.

This is simple.

What has been set aside for new housing is in fact the interest on $250 Million, which amounts to about $10 Million.

Now let's get in touch with reality.

Last week, a house in my neighbourhood was sold. Standard 33 X 120 foot lot. The house is a tiny, 80 year old, 2-bedroom, one-bath shack. A tear-down, a piece of burnable garbage. BUT. Because the house is on the north side of the street and the street below it is very below it, the view potential is fantaaaaastic! Mountains, water and city forever.

Price? A steal at $1.2 Million. Gone in under a week.

So Carole Taylor's much trumpeted bold new initiative on housing will result in exactly...what?