B.C. throne speech acknowledges importance of housing supply on affordability

In its recent speech to the throne, the B.C. government added a laundry list of measures that were not included in its election platform. Regardless of the motivations for this manoeuver, the speech included an important admission on housing:“The single most important action governments can take to make housing more affordable is to work with local governments and the private sector to increase supply.”Metro Vancouver is Canada’s most expensive housing market, as well as being a very desirable place to live—the two points are not mutually exclusive. While there are many factors driving housing demand in Vancouver, there’s no reason

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