Ottawa and B.C. Plan to Convert Vacant Condos to Affordable Housing
UNVERIFIED·Primary source · The Globe and Mail
Prime Minister Mark Carney announced a $1.45-billion plan to convert vacant condos into affordable housing.
The initiative aims to address housing shortages by creating a rent-to-own program.
The plan has faced criticism from the opposition as a potential bailout for developers.
Key Facts
01
01 — What / Thesis
Ottawa and B.C. Plan to Convert Vacant Condos to Affordable Housing
02
02 — Who / Subject
Mark Carney, David Eby
03
03 — Where / Locus
British Columbia, Canada
04
04 — When / Temporality
June 25, 2026
AI Verification Note
This article is generated by cross-referencing multiple sources and official announcements. Parts relying solely on testimony or reporting are reflected in the confidence score; content and assessment are updated as new information is confirmed.