Queen's University students move out from residence in Kingston, Ont., on Wednesday, March 18, 2020. Lars Hagberg/The Canadian Press.

How to solve the student housing crisis

Purpose-built student accommodation has the potential to be one of the best-performing asset classes in Canada. With the right combination of government support, private-sector partnerships, and individual efforts, the PBSA sector can thrive.

Construction workers build new homes in a development in Ottawa on Monday, July 6, 2015. Sean Kilpatrick/The Canadian Press.

The future supply of housing is at risk

There is a role for the provincial government to reduce government costs by decreasing, pausing, or altogether eliminating development charges for affordable or inclusionary zoning housing units and purpose-built rental units. It makes little sense to subsidize the sale price of a unit and tax the construction.