Ontario must address housing affordability

Best practices from homebuilder-friendly neighbours can teach municipalities how to allow the supply of new housing to meet demand

Ontario must address housing affordabilityKenneth P. Green Steve Lafleur and Josef Filipowicz The Fraser Institute CALGARY, Alta. Nov. 10, 2016/ Troy Media/ - Ontario Premier Kathleen Wynne has [popup url="http://www.bnn.ca/ontario-will-not-follow-b-c-s-tax-on-foreign-homebuyers-premier-wynne-says-1.591238" height="1000" width="1200" scrollbars="1"]announced[/popup] that the province will not introduce a property transfer tax on foreign buyers, similar to that introduced in British Columbia. The premier and her government should be…

Red tape in Calgary-Edmonton Corridor stifling housing supply

Encouraging a healthy supply of new homes where they are most needed will help ensure future generations can continue to prosper in Alberta

Red tape in Calgary-Edmonton Corridor stifling housing supplyBy Kenneth P. Green Steve Lafleur and Josef Filipowicz The Fraser Institute CALGARY, Alta. Nov. 8, 2016/ Troy Media/ - Through good times and bad, the cost of housing in Alberta’s biggest cities remains a concern. Consider this. Despite the economic slowdown, compared to 15 years ago average [popup url="http://www.housepriceindex.ca/" height="1000" width="1200" scrollbars="1"]house prices[/popup] are up…

Heating or eating a harsh reality for some Ontarians

The province’s “green dreams” have resulted in serious consequences for Ontarians and their families

Heating or eating a harsh reality for some OntariansBy Kenneth P. Green and Taylor Jackson The Fraser Institute CALGARY, Alta. Oct. 12, 2016/ Troy Media/ - The Ontario Government has suspended its latest round of renewable energy plans – a move that will save consumers money. While this may be a step in the right direction, the government’s “green dreams” have already done…

What homebuilders think about Ontario’s housing regulations

Reduce housing barriers to help ensure that Canada’s largest urban area remains affordable and keeps attracting the best and brightest

What homebuilders think about Ontario’s housing regulationsBy Kenneth P. Green Josef Filipowicz The Fraser Institute CALGARY, Alta. Oct. 7, 2016/ Troy Media/ - Housing headlines are everywhere. Federal Finance Minister Bill Morneau recently announced a raft of housing reforms. Ontario Premier Kathleen Wynne and Toronto Mayor John Tory recently rang alarms bells on housing. And according to a [popup url="https://www.thestar.com/business/real_estate/2016/10/05/toronto-house-prices-jump-more-than-20-per-cent-in-september.html" height="1000"…

Ontario climate change strategy a Frankenstein monster

Ontario’s plan will take even more money from already heavily-taxed consumers and businesses, and fuel more government spending

Ontario climate change strategy a Frankenstein monsterBy Ben Eisen and Kenneth P. Green The Fraser Institute VANCOUVER, B.C. Aug. 31, 2016/ Troy Media/ – Ontario’s climate change strategy is just another example of the tax-and-spend approach that has undermined the province’s economy for years. A recent [popup url="https://www.brookings.edu/opinions/tax-carbon-california-nation-will-thank-you/?cid=00900015020089101US0001-081001" height="1000" width="1000" scrollbars="1"] opinion column[/popup] from the Brookings Institution in the United States observes (based…

Rule of law under attack in B.C.

By imposing a tax on already signed agreements, B.C. is demonstrating a worrisome indifference to the rule of law

Rule of law under attack in B.C.By Kenneth Green Josef Filipowicz and Steve Lafleur The Fraser Institute VANCOUVER, B.C. Aug. 12, 2016/ Troy Media/ - Mike de Jong, B.C.’s finance minister, recently and unexpectedly announced an additional property transfer tax of 15 per cent on foreign nationals purchasing residential property in Metro Vancouver. Whatever the merits of this policy, many have…

Red tape, not foreign buyers, drives housing affordability woes

Heavy-handed policies have consequences that are worse than the problem they seek to fix

Red tape, not foreign buyers, drives housing affordability woesBy Kenneth P. Green Steve Lafleur and Josef Filipowicz The Fraser Institute CALGARY, Alta. Aug. 4, 2016/ Troy Media/ - Foreign nationals purchasing homes in Metro Vancouver and the Greater Toronto Area is a topic that continues to make national headlines, especially as housing prices rise. This came to a head recently when B.C. Minister…

A simple solution to the high cost of housing

Cutting local red tape will increase housing stock and reduce prices in Toronto, Vancouver and beyond

A simple solution to the high cost of housingBy Ken Green Ian Herzog and Josef Filipowicz The Fraser Institute VANCOUVER, B.C. July 14, 2016/ Troy Media/ - House prices have grown substantially in recent years, especially in Canada’s biggest cities. Many Canadians are concerned about this trend, and a number of solutions have been proposed. However, many of these solutions are unlikely to…

Local GTA governments have tools to increase housing supply, affordability

Urban constraints to affordable housing could eventually push Toronto’s information economy to where housing is cheaper

Local GTA governments have tools to increase housing supply, affordabilityBy Kenneth P. Green Pierre Desrochers Ian Herzog and Josef Filipowicz The Fraser Institute VANCOUVER, B.C. July 10, 2016/ Troy Media/ - In response to Toronto’s rapidly rising home prices, federal Finance Minister Bill Morneau recently announced the assembly of a working group of experts from all levels of government, aimed at taking a “deep…

Local regulations limit Metro Vancouver housing supply, affordability

Reforming the minutiae of the building permit process might not be fashionable, but it can encourage homebuilding and affect prices

Local regulations limit Metro Vancouver housing supply, affordabilityBy Ken Green Ian Herzog and Josef Filipowicz The Fraser Institute VANCOUVER, B.C. July 9, 2016/ Troy Media/ - Vancouver might have the best scenery of Canada’s metropolises, but its real claim to fame is sky-high housing prices, which have risen [popup url="http://www.crea.ca/housing-market-stats/mls-home-price-index/hpi-tool/" height="1000" width="1000" scrollbars="1"]86 per cent[/popup] over the last decade. Common explanations for this…
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