Construction Trouble, HST Relief, & Nova Scotia’s Rental Crisis
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Construction Trouble, HST Relief, & Nova Scotia’s Rental Crisis
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We cover a whole bunch of breaking news in this episode.
- Construction productivity is collapsing (−37% since 2001) amid a massive retiring workforce and small‑firm dominance, constraining new supply and raising costs.
- Affordability gains are concentrated in condos — not broad-based — while taxes, development charges and stalled starts (RESCON’s HST‑holiday pitch) risk deepening the supply shortfall.
- Financial and market stress is rising: power‑of‑sale listings are spiking in Ontario, rental affordability is worsening regionally (Nova Scotia worst), and growing private‑credit exposure could tighten financing for builders and buyers.
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