Will unlocking public land to developers effectively create affordable housing?
High land acquisition costs pose significant barriers that Ottawa plans to overcome with long-term leases
In a landmark move outlined in its 2024 federal budget, the Canadian government plans to lease public lands to developers in order to slash capital costs and expedite construction nationwide. The measure would be a transformative leap towards broader housing accessibility for Canadians. The Financial Post’s Shantaé Campbell explores how the move could help kick-start affordable housing projects.
How does the government plan to transform public land into affordable homes?…[Continue Reading]