There is only so much Ottawa can do about Canada’s housing crisis

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There is only so much Ottawa can do about Canada’s housing crisis
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You might as well install a grim federal commissar on every city council across the land, to ensure local officials are doing the party’s – sorry, the federal government’s – bidding

to loosen zoning restrictions. There is something approaching bipartisan consensus at the federal level on housing.

And with good reason: People are in serious pain. Rents and housing costs have skyrocketed in recent years – the combined result of many years of governments restricting supply, a pandemic that increased demand, the sudden arrival ofAnd while Liberal increases to immigration are in all other respects a good thing, the new arrivals also put pressure on housing.

When people are in pain, they demand action. Because the federal government takes in most of the money people pay inIn truth, there is only so much Ottawa can do. Market forces affect housing costs as well as government policies.

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