wopchop
Building Toronto
Mayors are bit players in the housing situation.CBC is reporting Carney will tap Gregor Robertson to head the housing file. He was Vancouver mayor for 10 years so he's got good experience, but not sure the mayor of one of the world's most expensive housing markets is a great fit here. Doesn't inspire much confidence.
Yes, they have a role but there is more responsibility at the Provincial level, and even Federal.
Much of the criticism in Vancouver against his policy was against rising development fees, but the Metro counter-argument was that they had no other choice if they wanted to raise money to pay for necessary infrastructure to accommodate the growth.
Financing of that could be better supported by the Province and even the Federal government. Cities, which run balanced budgets, are simply not able to finance huge capital projects in the same way as the Province or Federal government's, and they currently have no adequate way to meet the demand. It's the same situation here in Ontario.
If the Federal government is going to keep immigration at x level, then there needs to be an understanding that federal tax dollars need to flow concurrently to the right areas to support the growth. This has not happening properly at all for the last decade.