Conservative Leader Pierre Poilievre criticized a plan by Ottawa and the B.C. provincial government to purchase vacant condo units in the province for use as affordable housing, calling the measure a “bailout.”
For young Canadians, home ownership is out of reach due to a decade of inflation, Poilievre said during a news conference held at the Vancouver International Airport.
“They’re struggling to find jobs. Food, gas, and other costs have exploded due to Liberal inflation, and here’s my question to you today: Where’s your bailout?” he asked.
A plan by Prime Minister Mark Carney to turn 2,200 vacant condo units into affordable homes would not involve lowering the values of the units, since developers do not want to lose money, he said….