“This has become probably the most important both economic and political problem facing the country right now,” said Tyler Meredith, a former head of economic strategy and planning for Finance Minister Chrystia Freeland.
“And especially given the significant emphasis the government has put on immigration and the relationship between immigration and the housing market, there is a need to do more.”
That’s Neoliberalism for you. Which at this point is basically all the major parties. They all govern from the position that a free market is ideal, and regulation only happens when it “must”, which requires a lot of proof, Rather than a more sensible system that assumes a market needs regulation to function, and demands proof before deregulation.
But we function on a ratchet & brake system. The Cons ratchet things better for the rich, the Libs hold the line while making performative actions that don’t affect the fundamental power structure.
Shit sucks.