Ontario’s housing plan limits rent increases to 1.5 per cent annually.
housing affordability
Vancouver secured $127 million in cash or in-kind CACs in 2016.
Doug Ford pledged to “open a big chunk” of Ontario’s Greenbelt, then changed his mind.
Without the OMB as a scapegoat, councillors must now make tough decisions themselves.
It takes nearly two years, on average, to obtain building permits in Vancouver.
Ontario’s government has doubled-down on rent controls, which mandate how much landlords can charge renters.
B.C.’s NDP government plans to spend at least $6.6 billion over 10 years on social housing.
In today's budget, B.C. NDP Finance Minister Carole James said the government’s housing plan will be “comprehensive."
Metro Vancouver’s housing crunch exists primarily because there aren’t enough new homes getting built.
The price of homes—like the price of anything—is determined by both demand and supply.