Canada

The plan announced today by the Liberals would create a new federal housing entity that the party says would oversee affordable housing construction, speed up construction and provide financing to homebuilders.

Carney says the new agency, Build Canada Homes, would act as a developer to build affordable housing at scale, including on public lands, and develop and manage projects.

I really want to see the details on this one.

The second paragraph suggests BCH would do the building, while the first paragraph's "oversee" suggests existing developers would do the work. If BCH will finance construction, control where/what gets built, and control the final cost to buyers, then this has the potential to sell decent housing at below-market prices. That could start diffusing the housing crisis (although other reforms are necessary to improve costs in the near term).

That would be very different from what the Liberals and CPC have been proposing so far, which is to ask developers to pwetty pwease lower sale costs by making it easier and cheaper to build. It's hard to be optimistic given their track record.