this post was submitted on 01 Apr 2024
10 points (65.6% liked)

Canada

7402 readers
963 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] dgmib 7 points 10 months ago (2 children)

If BlackRock thinks that population growth in Canada is important, it seems to me they’re actually in a far better position to make that happen than the average Canadian.

BlackRock owns a fuck ton of property in Canada, they are in a strong position to make rents and housing, much more affordable. Which will drive the economy up significantly.

Families will be more willing to “grow the population’ if they’re not allocating 50+ percent of their income towards housing.

Affordable housing also makes us a better destination people immigrating to Canada.

But that would require BlackRock to be less greedy… so

[–] [email protected] 2 points 10 months ago

I think you're mixing up Blackrock and Blackstone... Blackstone is the one that's far, far more heavily into real estate.

[–] [email protected] 1 points 10 months ago

BlackRock owns a fuck ton of property in Canada, they are in a strong position to make rents and housing, much more affordable

Do they, though? Managing funds doesn't actually mean owning the assets in those funds