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Federal-Provincial Condo Deal Sparks Debate

Federal-Provincial Condo Deal Sparks Debate

Published 1 day, 19 hours ago
Description

Federal and B.C. governments are teaming up to buy 2,000 unsold condos for $1.45 billion to convert them into affordable housing, sparking backlash from Conservative Leader Pierre Poilievre who calls it a “condo bailout” and demands an ethics probe, arguing it props up prices for insiders while hurting taxpayers — while the Prime Minister’s Office defends it as a fast way to boost housing supply.

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