this post was submitted on 01 Aug 2023
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So of I understand this correctly, that means there is very little the federal government can do besides use indirect levers to decrease cost, like:
What else can be done at the federal level?
The big cost savings items all seem like they are Municipal and Provincial, like: getting rid of minimum parking requirements, deceasing per unit land costs, and allowing more units to be built in the communities people want to live in.
Sort of. One thing Feds/CMHC could do is funnel serious money into affordable housing programs to build more housing (not subsidized demand, as the NB government is doing, which only enriches landlords). There are already non-profits and community orgs who could manage these buildings once complete.