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Dan's avatar

This should not take more than 30 seconds in a Mark Carney cabinet to decide. If a city or province does not honour a signed agreement, well, freeze the funds. Give them 6 months to get back in compliance and after that funds will be allocated to other cities or provinces. This applies to housing, healthcare or anything else where the federal government enters into an agreement with a lower level of government.

Also, in the current political climate it is unlikely that Carney would lose seats by taking on a city that it is ignoring its obligations to lower housing prices. Carney has a ton of political capital at the moment and he is not scared of an election. Bring it on.

Now, in order to avoid being perceived as vindictive, it is important that other cities are treated the same. I suspect Toronto is not the only city that is not in compliance with agreements that it has signed. Call a big press conference and list all the cities that are in breach of their agreements. Explain the consequences and repeat every three months.

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Kathleen's avatar

Sigh ... the lack of Affordable housing issue is GLOBAL! There are at least 10 contributing factors and yes, linking most factors is Politics - where Policy is determined, rules written and process determined - resulting in economic practices. So, rather than point a finger of blame, you'll need both hands pointing in multiple directions. Municipal planning is a housing blocker; DCC's are a housing blocker; short-term rentals are a housing blocker; NIMBYs are a housing blocker; REITS & PE are greedy housing blockers; Financial lenders are out-of-touch and a blocker; there is a lack of construction workers - a housing blocker; but construction productivity has flat-lined for decades ... however, IF we really wish to solve this issue it's possible by working TOGETHER - and given it's a global issue, there is already a tremendous amount of collaboration globally. The commitment by the Federal government to address this issue is a strong commitment to solutions - especially given the biggest government influence is municipal & provincial. But $$ funding has influence ...

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