Vancouver Condo King’s Data: Sales at Generational Lows, Prices Falling — and a $3.2-Billion Rescue Designed To Halt the Correction Toward Affordability

OTTAWA — Days before a parliamentary committee decides whether to investigate the Carney government’s multibillion-dollar Vancouver condo bailout, the market-intelligence unit of Bob Rennie, the Carney fundraiser at the center of the controversy, has published data suggesting Ottawa and Victoria would be catching a falling knife with public money — or, in the view of critics, halting a correction that would benefit generations of young homebuyers, before Vancouver’s market is allowed to approach standard measures of affordability.