Hub Podcasts Mark Carney’s Build Canada Homes agency won’t solve Canada’s housing crisis
Sep 16, 2025
Mark Carney's new housing initiative faces heavy criticism for ignoring the root causes of Canada's housing crisis, emphasizing the need for zoning reform and lower development costs. The discussion pivots to Canada's defense strategy, questioning the value of the NORAD agreement amid shifting U.S. politics and its impact on military readiness in the Arctic. The podcast highlights the implications for Canada's sovereignty and the potential need for modernized defense capabilities, including advanced fighter jets.
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Federal Plan Misreads Housing Problem
- Sean Speer argues Build Canada Homes misdiagnoses the housing crisis by focusing on non-market builds.
- He says the real issue is market scarcity driven by municipal rules, fees, and immigration outpacing construction.
Use Leverage To Unlock Municipal Reform
- Use federal leverage to push municipalities to liberalize zoning, prezone, and legalize missing-middle housing.
- Calibrate immigration and let the private sector build at market scale for broad affordability gains.
Small Builds, Big Political Risk
- Build Canada Homes targets a tiny slice of need by promising 4,000–5,000 units, roughly 1% of annual required new homes.
- Federal direct builds risk crowding out private activity and reduce municipal incentives to reform.