Opinion: Before we call government plan to buy empty condos a bailout, let’s look at the math

By National Bank’s measure, nowhere in Canada is housing less affordable than in B.C. Yet the province is also sitting on thousands of empty new homes. According to Canada Mortgage and Housing Corp. data, B.C. had 5,849 finished, unsold condos in May — up sharply over the past year. Homes built, empty and waiting, in the very place people say they can’t find one. Read More