Poilievre asks Parliament to probe B.C. 'condo bailout,' says it's blocking 'a price correction'
Posted on: Jun 28, 2026 21:37 IST | Posted by: Cbc
conservativist Leader capital of south dakota Poilievre is calling on Parliament to poke into Ottawa's proposition to convince unsold condominium units in British Columbia into affordable housing.
In a letter to the House ethics committee, Poilievre says a program to possibly help finance the purchase of 2,200 vacant condos amounts to a "condo bailout" for developers, bankers and investors.
Prime Minister Mark Carney says the idea is to support Canadians needing housing, but Poilievre says the Liberals are intervening in the market to help developers who built too many condos that didn't fit demand.
Carney has said his government did not explain the program well when he announced it on June 19, saying it is part of the B.C. Government's plans to to help homebuyers struggling to save for a down payment.
Mark Carney's plan to bulk-buy unsold Vancouver condos might be a bailout, but it doesn't have to be
Poilievre slams federal-B.C. Plan to buy vacant condos, calling it a 'bailout' for developers
Poilievre says the proposal will instead prop up high prices as it "prevents a price correction from taking place," and he argues there are inconsistencies in how the project came about.
Housing Minister Gregor Robertson's office did not have an immediate comment on the letter, which was sent to the Conservative who chairs the committee, which has a majority Liberal membership.
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