Last year I attempted to raise the Empty Homes Tax which would encourage these units to be rented out. This move by Carney is also confusing considering the province paused the community housing fund, which delivers deeply affordable units.
Jenny KwanPublic funds must guarantee affordable homes for people, not shield private developers from market risks. Thousands of investor condos sit empty while working families, renters, and seniors are left struggling. We need to put long-term affordability ahead of developer bailouts.