Canada’s new PM Mark Carney faces the tough balancing act of climate policy, aggressive housing plans, economic sovereignty, and trade tensions with the US.
As far as prefab or anything else, housing prices are a majority land value, taxes, and bureaucracy, it can’t make a dent since its not the main issue. Houses don’t cost more to build in Canada that in places with cheap housing, its not like laborers are making 300k a year, they can’t afford housing either.
I agree. High demand from immigration; lack of supply due to greenbelt, slow permitting, property taxes being passed on as development taxes, and urban sprawl zoning.
The immigration plan was decided long before Carney.
https://www.canada.ca/en/immigration-refugees-citizenship/corporate/publications-manuals/annual-report-parliament-immigration-2024.html#annex-4
As far as prefab or anything else, housing prices are a majority land value, taxes, and bureaucracy, it can’t make a dent since its not the main issue. Houses don’t cost more to build in Canada that in places with cheap housing, its not like laborers are making 300k a year, they can’t afford housing either.
Housing prices skyrocketed because of demand and lack of supply.
I agree. High demand from immigration; lack of supply due to greenbelt, slow permitting, property taxes being passed on as development taxes, and urban sprawl zoning.
Nope. Just a lack of building houses because of capitalism.
In the most bureaucratic industry in Canada with the highest taxes?
If this is your idea of capitalism I’d say your a bit silly, people can’t just build a 12 story apartment to service the demand.