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Macdonald-Laurier Institute

Stats Can will find it difficult to get a handle on foreign homebuyers, Philip Cross tells BNN

March 29, 2016
in In the Media, Latest News, Multimedia
Reading Time: 1 min read
A A

2016-3-29crossbnnOttawa’s pledge of $500,000 for Statistics Canada to research foreign homebuyers’ expansion into Canada is unlikely to have much impact on solving the problem, Macdonald-Laurier Institute Senior Fellow Philip Cross told BNN.

Cross also believes the department receiving the money – Statistics Canada, where Cross used to be chief economic analyst – is unlikely to be best-suited to tackling the issue.

“What the half-million buys, I have no idea”, says Cross. “It seems to be just a matter of saying ‘well, we’re doing something about it’”.

Ottawa pledged the $500,000 to delve into the issue of foreign homebuyers as part of last week’s federal budget.

To watch the full interview, click here.

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  • Home
  • About
    • Who We Are
    • Who Makes MLI Work
    • Tenth Anniversary
  • Experts
    • Experts Directory
    • In Memoriam
  • Issues
    • Domestic Policy
      • Agriculture and Agri-Food
      • Canada’s Political Tradition
      • Economic policy
      • Health Care
      • Innovation
      • Justice
      • Social issues
      • Telecoms
    • Energy Policy
      • Energy
      • Environment
    • Foreign Policy
      • Foreign Affairs
      • National Defence
      • National Security
    • Indigenous Affairs
  • Projects
    • The Great Energy Crisis
    • Centre for Advancing Canada’s Interests Abroad
    • Dragon at the Door
    • Canada and the Indo-Pacific Initiative
    • The Transatlantic Program
    • DisInfoWatch.org
    • Competition Policy in Canada
    • Speak for Ourselves
    • Justice Report Card
    • COVID Misery Index
      • Provincial COVID Misery Index
      • Beyond Lockdown
      • COVID and after: A mandate for recovery
    • Indigenous Prosperity at a Crossroads
      • Aboriginal Canada and Natural Resources
    • Past Projects
      • The Eavesdropping Dragon: Huawei
      • Talkin’ in the Free World with Mariam Memarsadeghi
      • An Intellectual Property Strategy for Canada
      • Munk Senior Fellows
      • A Mandate for Canada
      • Confederation Series
      • Fiscal Reform
      • The Canadian Century project
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      • Internal trade
      • From a mandate for change
      • Size of government in Canada
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