Peter Munk Centre for Free Enterprise Education
Ontario’s government has doubled-down on rent controls, which mandate how much landlords can charge renters.
Brooklyn is as populous as Toronto but less than a third as large geographically.
Typically, secondary suites can be cheaper to rent than apartments.
In neighbouring Burnaby, it takes only a third the time it does in Vancouver to obtain a permit.
Rent control has been a disaster wherever it’s been tried. But this never stops politicians from suggesting it.