Ottawa’s office market, and affordable housing supply, hinge on how the feds offload vacant office space

Considering Canada needs to build five million extra residential units by 2030, speed is a priority.

The federal government stands to save roughly $3.9-billion through the shedding of its properties, and should reinvest some of that capital back into Ottawa’s downtown core, writes Steven Paynter. The Hill Times photograph by Andrew Meade

Opinion

BY STEVEN PAYNTER

June 19, 2024

Never let a good housing crisis go to waste. It may be a cliché, but this should be the federal government’s mantra as it begins to move forward with the significant disposal effort to reduce its office footprint in Ottawa. After all, the conversion of the federal governm...

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