Over the past year or so didn't the feds and the province deliver a truckload of funding that was supposed to assist with affordable housing? I seem to recall at least some mention of $100 million. Why isn't this money being used to reduce the municipal tax burden that maintaining infrastructure creates?
Affordable rental housing, yes, but measures to increase the ownership of housing is absent from the government's agenda. It's as though there is a concerted effort to push people into rental situations and keep them there.
Lack of supply forces housing prices to rise: check
Mortgage stress test diminishes buying power: check
Development costs put upwards pressure on housing costs: check
Work towards raising the key lending rate in rapid-fire succession: check
Flood the market with government-managed/financed/subsidized rentals: check
Describe secondary home owners or vacation home owners as speculators: check
Decry private rental development as taking advantage of renters (see Isitt's comments): check
Remove homeownership assistance measures (such as programs directed at self-employed purchasers): check
Infuse market rental projects with mandatory below-market units, thereby raising rents for remaining occupants: check