Can national financial institutions, such as banks, function in a country as regionally diverse as Canada without seeming to discriminate between the regions? Were the complaints of the four Western Premiers at the Western Economic Opportunities Conference in Calgary in 1973 justified? If there is discrimination, would the proposed provincial government B.C. Savings and Trust super bank provide relief from it? What would be the cost of such relief?

In this book, the third in the Fraser Institute Housing Series, Professor L.B. Smith considers the content and objectives of Federal housing policies from 1935 to the present. His conclusions that 1) housing policy is more and more being used as a vehicle for redistributing income in Canada and 2) that this policy is at the same time destroying the private sector's incentive and ability to supply housing, make this book required reading for everybody concerned with housing in Canada today.