OTTAWA - Prime Minister Mark Carney says a proposal to convert unsold condo units in British Columbia into affordable housing is about supporting Canadians, not distressed developers.
OTTAWA - Prime Minister Mark Carney says a proposal to convert unsold condo units in British Columbia into affordable housing is about supporting Canadians, not distressed developers.
Carney says the program laid out in Vancouver last week to “potentially” help finance the purchase of 2,200 vacant condos wasn’t explained well at the outset.
ANALYSIS | Mark Carney's plan to bulk-buy unsold Vancouver condos might be a bailout, but it doesn't have to be | CBC News
Carney admits he did poor job rolling out $1.45 billion B.C. program panned as 'condo bailout'
'Socializing losses': Critics pan federal plan to acquire unsold condos from developers in B.C.
FIRST READING: Canada intervenes (again) to stop housing prices going down
Vancouver MP Hedy Fry defends $3.2B Liberal condo subsidy
People need affordable homes, and thousands of empty condos in British Columbia are waiting to be sold. The federal government…
VICTORIA - An urban planning expert says a plan to convert empty condominiums into affordable housing in British Columbia might…
Prime Minister Mark Carney is urging British Columbia to get on board with his pro-development agenda, and suggested Wednesday…
Prime Minister Mark Carney admitted his government and him did a poor job rolling out a controversial federal-provincial program.
Federal plan to buy 2,200 condo units for affordable housing has received criticism for lack of transparency
Ontario plans to buy $300-million worth of unsold condos for conversion to rentals, rewarding bad decision-making and execution.…
