Toronto had 360 housing units per 1,000 residents in 2020, well below the national average of 424.
A recent report showed that Canada has fewer housing units per capita than any other G7 country.
The federal government recently committed $1.37 billion to two major rapid transit projects in Metro Vancouver.
Rezoning in Toronto takes more than half a year, on average.
Rent control has been a disaster wherever it’s been tried. But this never stops politicians from suggesting it.
When I first came to Alberta a quarter-century ago, vacancy rates in Calgary and Edmonton exceeded 10 per cent. In Edmonton, where I lived in 1988, landlords often gave one month free on an already cheap 12-month lease. Sometimes utilities and cable were included.