
Canada is in a housing crisis. Prices are high, supply is low, and everyone from first time buyers to lifelong renters is feeling it.
Enter Mark Carney. The former Bank of Canada governor is now pitching a bold solution: a $26 billion push to scale up prefab housing across the country. On the surface, it sounds promising.
Faster construction, lower costs, and a modern way to solve a national problem. But when you dig deeper, the plan raises more questions than answers.
In this episode, we unpack what Carney’s proposal actually looks like, who stands to benefit, and whether this prefab push is a genuine fix or a political smokescreen with private interests underneath.
In this episode, we cover:
• Why prefab housing isn’t the silver bullet people think it is
• How municipal red tape, not construction speed, remains the biggest bottleneck
• Whether Canada even has the factory or labor capacity to pull this off
• The potential conflict of interest with Brookfield, where Carney served as Chair
• Why the real driver of high home prices, land value, is still being ignored
This isn’t just about policy. It’s about power, influence, and whether Canadians are being sold a solution that doesn’t fix the actual problem.
Looking to buy or sell real estate? Email me at dcinelli@royallepage.ca or DM me on Instagram: @davidvcinelli_realtor