Titled Sortir du piège immobilier : ce que le budget Carney révèle(French only), the article offers an in-depth examination of the structural challenges facing Canada’s housing system and provides a critical reflection on recent policy directions. The authors explore how the Canadian economy has become increasingly dependent on real-estate capital, often at the expense of more productive investments, and analyze the measures proposed in Budget 2025 to rebalance this dynamic.
The piece highlights the importance of moving beyond a narrow focus on homeownership to address housing affordability more broadly, with greater emphasis on non-market, social, and cooperative housing. It also underscores the role public policy must play in stabilizing prices and supporting a more inclusive and productive economy.
A must-read for anyone interested in housing policy, economic reform, and the structural changes needed to address Canada’s housing crisis.