Housing for the People? I want to write about the recent referendum on expropriating major landlords in Berlin, but before I do, I have to take you back in time, so you’ll better understand the context in which this referendum — which passed by a vote of 56.4% to 39%Read More
Tim Bousquet of the Halifax Examiner has been making the point that the $104 million Innovacorp made on its META exit could be used to fund affordable housing in Nova Scotia. He even did the math: For the record, $104 million would pay for 80 apartments at $1,000/month rent forRead More
There was a wonderfully wonky — yet important — item on the agenda of last night’s CBRM council meeting, and I am not talking about the CBRM declaring Paul’s Pizza Burgers the official food of the municipality for 2021. I am talking about an item that pleased me personally first,Read More
In 2012, the provincial electoral boundaries commission took 79% of Cape Breton Nova and 59% of Cape Breton South and created Sydney-Whitney Pier. The 2019 commission lopped off the Pier and added some Sydney River-Mira-Louisbourg territory and — voila! — Sydney-Membertou was born. I’m going to do some electoral genealogyRead More
Bridging Update In case you’re wondering what’s happening with Bridging Finance Inc (BFI), the private debt firm that lent Membertou First Nation $6.8 million to buy a stake in Albert Barbusci’s Novaporte container terminal project, here’s the latest: David Sharpe, the founder and former CEO of BFI, who was fired…Read...
CBRM council met this morning to discuss the results of its March 2021 closed-door, strategy-setting “workshops” at the Lakes Golf Club and Resort in Ben Eoin. Apparently, during the sessions, council articulated our vision: (I can’t wait until Tim Bousquet sees that — “vibrant” and “innovation” are two of hisRead More
I’m going to start this week’s article on the financialization of housing by reproducing a graphic from the recent report from the Nova Scotia Affordable Housing Commission — a graphic I just can’t get enough of because it really does say it all: The man on the right sideRead More
Tax Sales If the list of 104 properties — including 38 buildings — up for tax sale in the CBRM has you wondering why CBRM doesn’t look into sourcing government funding for affordable housing and refurbishing some of them, you are not alone. I have long wondered about this too.Read More
When it comes to social (or “public” or “subsidized”) housing, Vienna really seems to have its act together. I am tempted to present this information as though I’ve long been an admirer of the social housing of Vienna, but the truth is, I hadn’t realized it was a claim toRead More
Mary Makes a Meme How it started: How it’s going: On the bright side, having let it it sit empty for two years (and catch fire once), the entrepreneurs who bought the building for $225,000 are hoping to sell it for $399,000. Mary Makes Another Meme…Read...
