Will Carney end the housing crisis? The promise and peril of the Liberals’ plan
The housing affordability crisis will be one of the hairiest problems confronting the newly elected Liberal government.
Prime Minister Mark Carney has promised to add nearly half a million homes a year, with the federal government playing a central role in spurring and orchestrating that gargantuan building effort.
But will Mr. Carney be able to deliver on his ambitious pledge? We asked three housing experts and advocates what they feel optimistic about – and skeptical of – in the Liberals’ new housing agenda.
A new Build Canada Homes organization
Mr. Carney believes Canada should take a page from the public policies that he says helped bring about the building boom that followed the Second World War, when the country also faced a severe housing shortage. Central to that vision is the creation of a new Build Canada Homes federal entity to help develop and finance affordable housing and prefabricated homes. …[Continue Reading]