may not be as transformative for renter protection as some of its other initiatives, but it’s a helpful, if secondary, measure.
Ottawa has taken action on both fronts. On supply, the government has introduced the Housing Accelerator, invested in housing-related infrastructure and eliminated the GST on purpose-built rental construction. On demand, it has taken measures to reduce the number of non-permanent residents, particularly international students.
The biggest beneficiary of real-time rental-price data may be governments themselves, as the information would allow them to more quickly identify market tensions. For example, real-time unit-level data would have immediately shown the effect that increased international-student enrolments were having on the rental market in neighbourhoods near colleges and universities.
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