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this post was submitted on 31 Mar 2025
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I listened to his speech. He's talking in no uncertain terms that he's going for a post-war style build-out. He also pointed out that the market hasn't delivered and won't solve our housing crisis.
This is exactly what's need on high level.
I agree, but I'm also acutely aware that it is campaign season, and the LPC has a nasty habit of running left and governing right.
If we wind up with a Liberal minority with Conservatives in opposition, or with a Liberal majority, I honestly fully expect this to get dropped or strategically undermined the way electoral reform did.
In other words, we're gonna have to be ready to fight for it.
100%
That said, I think there's a better chance this to materialize because I think Carney knows he'll lose the next election if he doesn't deliver on this file. This isn't 2015 when things were not great but tolerable. We have a huge homeless population which is not limited to the largest cities anymore, and the cost of housing is hitting every part of the economy. The knife has hit the bone for way more people today than even a few years ago. So while I completely agree with the skepticism, I have a sliver more optimism this time around.
I've been concerned that we might get a giant influx of Americans, who have more purchasing power with that strong USD and would price Canadians out of any and all housing. Plus building aggressively like this is a good stimulus to the economy. Let's hope it works.