Affordability, housing and recovery: what are the parties promising?

Guest: Heather Scoffield, the Star’s Ottawa bureau chief and economic columnist

Affordability is at a crisis level in Canada. From sky-high housing and rental costs, to childcare, to cellphone bills — the cost of living is putting a vice grip on the finances of middle-class and young Canadians. But it’s not a new problem to be tackled in federal elections, rather one that has been at the centre of campaign promises in 2015 and 2019 too. So what’s different this time? How do the party leaders say their fiscal policies will solve housing supply-and-demand issues and fix the financial pressures that Canadians are facing. We look behind the numbers to see whether the promises of party leaders will properly tackle affordability.

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