The Loonie Hour The Death Knell for the Canadian Auto Sector
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Oct 17, 2025 The podcast dives into the shifting landscape of Canada's auto sector, highlighting Stellantis' decision to move Jeep production to the U.S. A discussion on multiplex zoning reveals backlash in Burnaby, showcasing local politics' influence on housing policy. Financial dynamics are also explored, with falling asking rents and deepening wealth inequality affecting households. The hosts dissect the implications of recent global corporate layoffs and address whether governments should subsidize strategic industries amid rising financial risks.
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Mixed Results From Rapid Multiplex Zoning
- Municipal zoning rollbacks often face immediate local backlash when changes create oversized multiplexes next to single-family homes.
- Steve Saretsky argues gradual density and local tailoring beat one-size-fits-all provincial catalogs.
One-Size Zoning Won't Fit Thousands
- Provincial zoning mandates can't assume uniform municipal adoption across thousands of diverse jurisdictions.
- Steve Saretsky warns a national 'duplex catalog' won't fit tens of thousands of unique zoning areas.
Let Market Corrections Play Out
- Accept that market-driven corrections follow periods of malinvestment rather than top-down fixes.
- Policymakers should avoid forcing supply when developers face poor demand and financing conditions.