The government is handing out 10-year Visas to foreign (Chinese) MILLIONAIRES.  You are correct, that is a government handout and a discriminatory practice.  Just the complete opposite of your argument, however.

It would be nice if they focused on Canadians, who live, work, and pay taxes in this country, who just want to buy a house within a reasonable commute of their job.  I grew up around $400,000 houses that are now being listed for $1.9 million.  Same house, just used to launder some Chinese money, garden's overgrown with weeds/house falls to disarray, flip for a couple hundred grand more, and repeat...