A flawed premise from the start<\/p>\n
According to Austin Thompson and Jake Fuss of the Fraser Institute, the core problem is straightforward: Ottawa cannot credibly promise cost-effective affordable housing while simultaneously steering builders toward its own policy preferences.<\/p>\n
The agency\u2019s mandate, critics said, risks\u00a0pulling the program in competing directions just as brokers and lenders are focused on basic supply and price relief.<\/p>\n
Carney\u2019s broader housing push aims\u00a0to double homebuilding, even as industry leaders question\u00a0whether Canada has\u00a0enough workers<\/a> to deliver on that promise.<\/p>\n \u201cSimply put, the federal government cannot credibly promise cost-effective \u2018affordable\u2019 housing while steering builders toward its own preferences, primarily because federal bureaucrats at BCH do not know better than private builders and investors which housing projects, materials and technologies can deliver the affordable homes Canadians actually want,\u201d Thompson and Fuss said<\/a>.<\/p>\n \u201cWhat BCH will have, however, is an enormous budget\u2014enough to bid workers, materials and construction equipment away from private homebuilders, even if the housing projects it backs ultimately provide worse value for money,\u201d they said.<\/p>\n","protected":false},"excerpt":{"rendered":"A flawed premise from the start According to Austin Thompson and Jake Fuss of the Fraser Institute, the…\n","protected":false},"author":2,"featured_media":650146,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[77048,49,48,75988,24365,44],"class_list":["post-650145","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-build-canada-homes","tag-ca","tag-canada","tag-carney-government","tag-fraser-institute","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/650145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=650145"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/650145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/650146"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=650145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=650145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=650145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}