May 15, 2018
Barriers to increasing housing supply, many stemming from excessive regulation, are driving up the price of homes in Canadian cities by six figures, finds a new report from the C.D. Howe Institute. In “Through the Roof: The High Cost of Barriers to Building New Housing in Canadian Municipalities” authors Benjamin Dachis and Vincent Thivierge calculate that the extra costs on new housing range from an average $229,000 in the eight most restrictive cities to $600,000 in Vancouver.
