The Wynne government almost exclusively targeted housing demand—not supply.
housing supply
Home prices in the GTA have risen almost 50 per cent since the last provincial election in 2014.
Building permit approval timelines averaged almost 18 months in Toronto and 21 months in Vancouver.
Ontario’s government has doubled-down on rent controls, which mandate how much landlords can charge renters.
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.
In Toronto the approvals process costs nearly $47,000 per housing unit (on average), compared to $21,000 in Hamilton.