Cara Stern - Profile and Journalist Details
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Cara Stern
Verified
Journalist, Smart Prosperity Institute
Toronto
Beats
Economic Policy ChinaBusiness & Finance
Content
By Mike Moffatt, Cara Stern Verified| The Hub Canada@ As much debate as there is on demand-side solutions to the housing crisis, on the supply side, it’s pretty clear: we just need to build a lot more homes. If there was a good enough supply of homes for everyone who wanted one (to own or rent), housing would naturally be affordable. But you can’t build 5.8 million homes in the next six years, as Canada Mortgage and Housing Corporation says we need to do, without adding infrastructure to service all those homes and those people.
By Mike Moffatt, Cara Stern Verified| The Hub Canada@ If you want a well-functioning economy, people must have hope that hard work will lead to success. But in Canada, people are giving up. A recent poll by Abacus found that a full 74 percent of Canadians believe housing affordability will get worse for first-time homebuyers in 2024 and that 57 percent of non-homeowners are either pretty pessimistic or have given up hope entirely of ever being able to buy a home. That’s up from 48 percent since September 2023.
By Mike Moffatt, Cara Stern Verified| The Hub Canada@ As much debate as there is on demand-side solutions to the housing crisis, on the supply side, it’s pretty clear: we just need to build a lot more homes. If there was a good enough supply of homes for everyone who wanted one (to own or rent), housing would naturally be affordable. But you can’t build 5.8 million homes in the next six years, as Canada Mortgage and Housing Corporation says we need to do, without adding infrastructure to service all those homes and those people.
Company Info
Smart Prosperity Institute
Smart Prosperity Institute (SPI) is a Canadian research network and policy think tank based at the University of Ottawa. The organization, formerly known as Sustainable Prosperity, is dedicated to promoting market-driven solutions and policy innovations that support a competitive and environmentally sustainable economy. SPI brings together business leaders, environmental experts, policymakers, and academics to develop strategies that separate economic growth from environmental harm. The institute focuses on research and policy development related to green economy transitions, climate policy, clean innovation, and sustainable resource management. It also fosters collaboration among public institutions, private enterprises, and civil society to create effective policy solutions. The outputs of SPI include policy frameworks for decarbonization, market innovation toolkits for clean technology adoption, and educational resources for policymakers and business leaders. The organization emphasizes a proactive approach to bridging research and policy implementation, reflecting its commitment to fostering a stronger, cleaner economy for all Canadians.
Ottawa, Ontario, Canada
+1 613-462-3375
Founded: 2007