Hub Podcasts Our leaders are acting like the housing crisis is not real
Aug 6, 2025
The podcast dives into the escalating housing crisis in Canada, emphasizing the government's failure to take meaningful action despite alarming warnings. It discusses the sharp decline in housing construction, especially in the Greater Toronto Area, and the urgent need for policy reform to enhance affordability. Additionally, it critiques the financial burden on taxpayers when hosting major global events like the Soccer World Cup, questioning the true economic benefits and the efficacy of hosting such competitions.
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Housing Crisis Deepens: Construction Falls
- The Canadian housing crisis is worsening with a predicted 20% drop in housing starts by 2027.
- High construction costs and falling demand for new homes worsen affordability and halt supply growth.
Cut Costs to Boost New Homes
- Governments must reduce construction costs by cutting taxes and development charges for new homes.
- Modernize the HST rebate and exempt fees from taxes to lower prices and stimulate supply.
Costs and Control in World Cup Hosting
- Hosting Canada's World Cup games entails a massive financial burden with limited economic benefit.
- FIFA controls costs, revenues, and terms, leaving Canadian taxpayers responsible for billions in expenses and losses.