Here they are (with full details to follow at the end of this article): Rob Flack, Ontario’s associate minister of housing; France-Élaine Duranceau, Quebec’s housing minister; Nathan Neudorf, Alberta’s minister of affordability and utilities; Gene Makowsky, Saskatchewan’s minister of social services; John Lohr, Nova Scotia’s minister of municipal affairs and housing; Rob Lantz, Prince Edward Island’s minister of housing, land and communities.
The housing ministers for British Columbia and New Brunswick do not have any reported investments in real estate.
That number seems low. Around here, not only does it seem that all of the MPs and MLAs have stake in rental properties, but that they get into politics after being landlords.
It’s because of the low number of housing ministers so each one makes up a large percentage
It’s unsurprising given the high level of homeownership in Canada which is leveraged for investment in housing. Over 40% of newly built condos in Ontario went to investors. Most of those investors aren’t corporations either. They’re mom and pops looking for retirement investment.
