Tag: developer bailout

• Canada’s Plan To Buy Unsold Condos Is Sparking Debate Over A Potential Developer Bailout

  

  The federal government’s plan to purchase thousands of unsold condominiums in British Columbia is generating both support and criticism as Canada’s housing slowdown continues. Prime Minister Mark Carney recently announced a partnership with the Government of British Columbia to convert more than 2,200 vacant condominium units into affordable housing. Supporters say the plan could quickly…

  Kaleylangille

  June 25, 2026

  british columbia, Uncategorized

  affordable housing, british columbia housing, canada, canada housing market, Canadian real estate, CMHC, condo conversion, condo market, developer bailout, housing, housing affordability, housing-reset, mark carney, metro vancouver, real estate, rental housing, urbanation, Vancouver real estate