Latest / The Flow: Real Estate and Money Show
Canada is trying to make housing more affordable: But it might FAIL
The government announced what looks like a massive win for home buyers, but the math tells a different story. Alex breaks down all four housing announcements that dropped in the same week, including Bill C-4's GST rebate, the Ontario HST removal, $1.7 billion in federal funding to provinces, and the Carney-Ford development charge cuts. He runs the actual numbers on what buyers in BC, Alberta, and Ontario will save, explains why the $130,000 headline figure applies to almost nobody, and connects the dots on why the same week these "buyer savings" were announced, Ontario quietly backed a $1.3…
The skinny
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