Ottawa is lending billions to developers. The result: $1,500 ‘affordable’ rents

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Ottawa is lending billions to developers. The result: $1,500 ‘affordable’ rents

The federal government has lent developers billions of dollars to jump-start rental construction, all with affordability requirements. But data released under access-to-information shows that more than half of the projects will have average rents higher than those of the cities where they’re being built.
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