Without the OMB as a scapegoat, councillors must now make tough decisions themselves.
housing affordability
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.
Brooklyn is as populous as Toronto but less than a third as large geographically.
Both New York and London are more than twice as dense as Toronto.
Typically, secondary suites can be cheaper to rent than apartments.