[whatnext]

Originally Posted by Sheba

I think this is the right thread - Ottawa to provide nearly $500 million in loans for new rental housing in Vancouver

Right off the top at least one of those buildings (UBC) was already underway like their previous River District announcement. That's my beef with many of these announcements, they aren't necessarily spurring new construction. Does anybody really think a Vancouver-area developer is going to pull the plug on a building already well along in construction because interest rates have risen?