National Post: Dr. Hedy Fry, an 11-term Liberal MP representing downtown Vancouver, says it’s only logical for the government to take thousands of empty condos off the hands of developers who can’t find buyers for them.
“What would one suggest that we do with empty condos that could be converted into affordable housing by the government of Canada?” Fry told National Post. “(Should we) leave them empty and just go build a bunch (somewhere else)?”
…Critics, including Opposition Conservative Leader Pierre Poilievre, have panned the subsidy as a “bail out” for politically connected developers, and called on those developers to sell at a loss…