The Agricultural Land Reserve accounts for 22 per cent of the land in Metro Vancouver.
Housing prices increased 111 per cent in Toronto and 82 per cent in Vancouver.
Between 2010 and 2019, home prices increased by 111 per cent in Toronto and 82 per cent in Vancouver.
Rising incomes and low interest rates have generated tremendous demand for housing across the country.
In the greater Toronto and Vancouver areas, rents keep rising and rental vacancies remain low.
Housing unit completions in B.C. have remained relatively flat over the last decade.
Increasing demand for something in short supply will result in higher prices.
The Wynne government almost exclusively targeted housing demand—not supply.