MONTREAL — As Toronto and Vancouver struggle to keep housing affordable for anyone but the wealthy, Montreal says its new, first-on-the-continent development model will help it succeed where other big cities have failed. “It will be a first in North America,” Robert Beaudry, city councillor for economic development and housing, said about the new policy. Beaudry said the 20 social units wouldn’t need to be within the project itself, but could be built on nearby land ceded to the city. Montreal benefits from the fact it doesn’t have a foreign buyers’ tax like Vancouver and Toronto. “The city’s plan is good because we need more social housing,” he said.

Source: National Post June 02, 2019 10:52 UTC