Is Carney's condo bailout dead?
On today's episode of Straight Up, Marc Patrone examines Carney and Eby's botched condo buyout announcement and whether the deal is too toxic to save
Last week, Prime Minister Mark Carney and BC Premier David Eby announced a joint project to buy up over 2,200 vacant, unsold condominiums and convert them into affordable housing.
The plan immediately triggered intense blowback from all fronts, with critics blasting it as a taxpayer-funded bailout that artificially protects developers’ profits.
With the optics worsening, both leaders have scrambled to distance themselves from the fallout, with Carney stressing it was the province's idea and Eby publicly blaming the feds for rushing the announcement before the details were ready.
On today’s episode of Straight Up, political commentator Dimpee Brar joins Marc Patrone to break down the fallout and whether this deeply fractured housing plan is too toxic to save.
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