[Tiktaalik]

This is only arguably true because Jean Chretien decided to completely disengage and walk away in 1993 to solve his budget problems.

Prior to this the Federal government was deeply, deeply involved in housing in this country, both literally building social housing and also incentivizing both social, coop and market housing through huge amounts of tax expenditure.

Accordingly there was an enormous amount of apartment development through the 60s/70s when the government was most involved in incentivizing housing, and then as investment was cut down, it eroded all the way to nothing.

After the feds walked away it got to the point where nothing was being built at all and the country was just coasting. No one built social housing in Nova Scotia for 30 years for example. https://globalnews.ca/news/9784037/ns-public-housing-stagnan...

There is no single silver bullet to our housing problems, but honestly if we had to look for one, some single thing that had the biggest contribution, it probably would be that 1993 budget.