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NEW - Who Actually Benefits From the Vancouver Condo Deal?
Description
Federal housing policy rarely produces a clean answer, and the BC condo buyback program is no exception. The Monday study panel works through what the numbers actually mean: ten percent federal funding, ninety percent BC, and units that still price out the people the program claims to help.
The Bailout Question
Jimmy Zoubris flags the political optics for a Conservative party historically opposed to government market intervention, then makes the case that this situation is different from aviation or auto bailouts in one important way. Lesley Kelly draws on agriculture to explain why broad programs with transparent rules feel different from a targeted purchase of one developer's unsold inventory, and why the precedent troubles her more than the price tag.
24 Sussex in 30 Seconds
Years of neglect, prime ministers who wouldn't touch it, and a building that reportedly became unsalvageable under the last government. The panel gets thirty seconds each. Jimmy says save it. Lesley wouldn't rule out a teardown. Both agree it stopped being optional.
Topics: federal housing policy Canada, BC condo buyback, developer bailout, 24 Sussex Drive, housing affordability
GUEST: Lesley Kelly | highheelsandcanolafields.com
GUEST: Jimmy Zoubris
Originally aired on 2026-06-29