VANCOUVER — A national plan to absorb Canada’s unsold condos is unfolding in two very different shapes — one already called a bailout by some analysts but drawing little of the outrage, the other announced last week by Mark Carney and instantly setting the public on fire. Two cities, more than 4,400 unsold condos held on the books of wealthy private companies, both outcomes hard to predict — but Vancouver’s is already being cast by critics as a handout to well-connected Liberal insiders.
This is, first, a national story.
This sounds like weasel words … Carney admits he did poor job rolling out $1.45 billion B.C. program panned as ‘condo bailout’
