The immigration plan was decided long before Carney.
As far as prefab or anything else, housing prices are a majority land value, taxes, and bureaucracy, it can’t make a dent since its not the main issue. Houses don’t cost more to build in Canada that in places with cheap housing, its not like laborers are making 300k a year, they can’t afford housing either.
Housing prices skyrocketed because of demand and lack of supply.
I agree. High demand from immigration; lack of supply due to greenbelt, slow permitting, property taxes being passed on as development taxes, and urban sprawl zoning.
Nope. Just a lack of building houses because of capitalism.
In the most bureaucratic industry in Canada with the highest taxes?
If this is your idea of capitalism I’d say its a bit silly, people can’t just build a 12 story apartment to service the demand, nimbys had it shut it down since the 1920s when they were redlining and not much has changed.
Its actually gotten far worse, there used to be loopholes like the Vancouver special, which were closed in the early 90s. Environmental and parking requirements were also much less.
Even provinces that did rezone very recently like BC are still littered with bureaucracy. This rezoning also should have been done a decade before we did 4% annual population growth, a logical order of operations that doesn’t destroy the poor.
