Winnipeg's Plan To Catch Up With Vancouver
It is a one-size fits all Smart Growth plan that calls for denser development regardless of whether such development is desired by residents or economically efficient
By Frontier Centre for Public Policy , Randal O’Toole —— Bio and Archives--August 17, 2024
Canadian News, Opinion | Comments | Back To Full Article
Frontier Centre For Public Policy
Winnipeg is the most affordable major housing market in Canada. According to Wendell Cox’s 2024 International Housing Affordability report, the average price of a 1,500-square-foot home in Winnipeg is $310,000, compared with $1.1 million in Toronto and $1.4 million in Vancouver.
Don’t worry: Winnipeg planners have a plan to bring Winnipeg housing prices up to Toronto if not Vancouver levels. It’s called the 20-50 plan and it calls for adopting all of the land-use policies that have made Vancouver a mecca for anyone who can afford to spend well over a million dollars on a home.
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