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In this episode of the Toronto Real Estate Podcast, Ralph Fox & Kori Marin take a deep dive into the newly announced Build Canada Homes program. Touted as a bold solution to Canada’s housing affordability crisis, the program has already raised eyebrows with its $13B upfront cost, $3.5B annual spend, and a staged press conference that left many Canadians skeptical. BREAKDOWN: What was promised vs. what’s actually happening Why this program may be more photo op than housing solution How it ties into Canada’s declining GDP per capita, productivity crisis, and youth unemployment What rental-only housing means for the dream of homeownership Alternatives and policies that could actually move the needle on affordability This is about more than housing - it’s about Canada’s economic future. 👉 Subscribe to our channel for weekly deep dives into Toronto real estate, housing policy, and the bigger forces shaping the market. 👇 Drop your thoughts in the comments - do you think Build Canada Homes will solve affordability, or is it déjà vu all over again? Chapters with Time Stamps 00:00 – Intro & welcome 01:40 – Why Build Canada Homes matters now 03:20 – The Nepean press conference & staged construction site 06:50 – Taxpayer cost: $13B upfront & $3.5B annually 09:40 – $3M per home? The math & reality check 12:00 – Rental housing vs. ownership opportunities 14:20 – The Housing Accelerator Program & poor results 15:45 – Red flags: affordability undefined, climate-friendly mandates & costs 18:30 – The disappearing dream of homeownership 20:30 – GDP stagnation, productivity collapse & youth unemployment 24:20 – CMHC report: $1T investment needed by 2030 26:40 – Why quality construction & design matter 28:30 – Track records: federal & municipal landlord failures 33:00 – Government mega-project disasters (ArriveCan, LRT, Green Fund, WE Charity) 37:30 – Is Build Canada Homes doomed to repeat history? ABOUT FOX MARIN: Fox Marin is a boutique brokerage and content platform dedicated to delivering expert insight, strategy, and client-first service across the Toronto real estate landscape. Whether you're buying, selling, or investing, our Toronto real estate team breaks down market trends, pre-construction opportunities & listing strategies to help you navigate the Toronto real estate market with confidence. 🌐 Our Website: www.foxmarin.ca Also, remember to read our blog posts ✍️ https://foxmarin.ca/blog/ Our press releases have been featured in prominent business publications such as Toronto Life, Elle Canada, National Post, & The Globe and Mail 🗞️ https://foxmarin.ca/press/ 📞 Connect with us via: Office ☎️ – 416-322-5000 Text 📲 – 416-567-0460 General Inquiries / Press / Marketing ✉️ – [email protected] Deal Administration 📋 – [email protected] Or inquire online here 💻 – https://foxmarin.ca/contact-us/ 📍 Meet us in person at our office: Fox Marin Associates Ltd., Brokerage 489 College Street, Suite 305 Toronto, Ontario, M6G 1A5 📲 Follow us on social: Instagram 📸 / _foxmarin Facebook 👍 / foxmarin.ca LinkedIn 💼 / fox-marin-associates