‘Housing is too heavily taxed and too heavily regulated’: How Carney’s Build Canada Homes plan misdiagnoses the housing crisis

Chris Spoke, partner at Toronto-based development company Toronto Standard, discusses Prime Minister Mark Carney’s newly announced Build Canada Homes agency and its approach to addressing Canada’s housing affordability crisis. He argues that while the agency aims to boost affordable housing supply, it fundamentally misdiagnoses the problem. He explores whether Build Canada Homes represents progress or a step backward from the previous consensus that market-rate housing supply increases are essential to solving Canada’s housing crisis.

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