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by Tiktaalik
1086 days ago
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Sort of, except that the Federal government controls all sorts of things that influence housing development, such as taxation and significantly contributes to infrastructure spending. When we look at the last time an enormous amount of apartments were being built in this country, through the 60s and early 70s, the Federal government was deeply involved both in directly subsidizing coops and non-profit housing and also through tax expenditure which aided market housing. There were a great deal of federal tax incentives to build market housing, many of which no longer exist. Basically Chretien got the Feds entirely out of housing during the austerity budgets of 1993, housing construction plunged for decades and decades and now we seem to somehow have an enormous shortage. The Feds also are in control of Indigenous reserves, so a failure to build housing there is their fault. |
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