The blunt nature of mortgage restrictions means it is easy to overshoot and have too many would-be homeowners locked out, writes Kevin Lee of the Canadian Homebuilders Association.
Finance Minister Bill Morneau is expected to release the pre-election budget March 19. He's facing calls to address the issue of affordable housing, particularly for millennials, who advocates argue have been locked out of the housing market. The Hill Times photograph by Andrew Meade
Owning a home is part of being middle class. This fundamental belief has been shared by Canadians from coast to coast, for generations. Until now.
People. Policy. Politics. This is an exclusive subscriber-only story.
'You don't stop trying to find ways of resolving differences in opinion, but I do think in this day and age you need a whole range of ways of expressing concern and trying to move opinion,' says Bob Rae.
Government House Leader Pablo Rodriguez dodged questions if the government was responsible for setting the stage for a stand-off that could trigger an election, saying the question should be asked of the Conservatives.
Global Brief magazine editor Irvin Studin says politicians and policy-makers' thinking is 'too small, it’s too linear, it’s too path dependent, and it looks increasingly absurd as these systemic crises.'
Parliamentary Budget Officer Yves Giroux says he's found it 'much more difficult to get information out of the minister’s officer' since Parliament returned with Chrystia Freeland in charge of the nation's finances.