24
Carney’s Challenge: Steering Canada through Housing, Climate, and Trump’s Trade Storm
(cleantechnica.com)
this post was submitted on 03 May 2025
24 points (96.2% liked)
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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 its a bit silly, people can't just build a 12 story apartment to service the demand, nimbys had it shut it down since the 1920s when they were redlining and not much has changed.
Its actually gotten far worse, there used to be loopholes like the Vancouver special, which were closed in the early 90s. Environmental and parking requirements were also much less.
Even provinces that did rezone very recently like BC are still littered with bureaucracy. This rezoning also should have been done a decade before we did 4% annual population growth, a logical order of operations that doesn't destroy the poor.
https://m.youtube.com/watch?v=DX_-UcC14xw