Housing prices are certainly too high in Canada and must be brought under control. But if they fall too far and too fast, we might actually have bigger problems on our hands.
Toronto is a big global city—surely there are a few people who might be interested in running the place! Alas, there is little enthusiasm for municipal government.
The reality is, if you’re trying to win, you need to go with the best talent regardless of where players are born. The same principle applies in our competitive global talent market.
While we can argue that mistakes were made when it comes to the increasing delays at our airports, perhaps we’re being too quick to rush to judgement of any one particular party. Much of the world is facing many of the same challenges we are.
It’s clear that we need more housing units not just in Toronto, but throughout Southern Ontario. While densification sounds scary to some, we should be far more afraid of housing becoming permanently unaffordable for young people.
While politicians of all stripes claim that transportation prices are too high, the trouble is that low prices don’t eliminate costs. We just pay for them through time, frustration, and taxes. There is no such thing as a free ride.
While it is true that for most of history economic growth has been very emissions-intensive, economic growth doesn’t inherently require increased resource use or emissions.
While a buck-a-ride might sound like a reasonable proposal in the abstract, it could conceivably make public transportation in the province worse rather than better.
It’s pretty clear Canada needs more housing units, but unfortunately the federal government is targeting the demand side of the market.
Throwing around infrastructure money in the run-up to an election is a time-honoured tradition. A very bad tradition we should stop immediately.
