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Darlene Hyde and Dan Morrison: Governments in Canada need to work together to solve current housing crisis Back to video
COVID-19 vaccine deployment across the country is a recent example of how governmental collaboration can effectively and powerfully respond to a crisis. We need that same type of collaborative approach to a strategy on housing supply that will make a true impact in municipalities across the nation.
Following months of a largely closed off Canada due to COVID-19, immigration to B.C. fell to its lowest point since 1989 and foreign investment into B.C. residential real estate declined to below one per cent of market volume. Yet, home prices continue to spike upwards, and demand remains high â especially here in B.C.