Posts by Marc Lee

Marc Lee

About Marc Lee

Marc Lee is a Senior Economist at the CCPA’s BC Office. In addition to tracking federal and provincial budgets and economic trends, Marc has published on a range of topics from poverty and inequality to globalization and international trade to public services and regulation. Marc is Co-Director of the Climate Justice Project, a research partnership with UBC's School of Community and Regional Planning that examines the links between climate change policies and social justice. Follow Marc on Twitter

Vacancy control: taking the next step on housing affordability

Feb 11, 2021
Recently, two Ontario-based Real Estate Investment Trusts (REITs) purchased 15 Vancouver apartment buildings for $292 million from Hollyburn Properties. Tenants in those buildings, totaling 614 units, now face a massively elevated risk of being evicted by absentee landlords so that higher rents can be charged to new tenants.  Tenants should be concerned because of a… View Article

Time for zero carbon housing and buildings in BC

Jan 21, 2021
BC needs a lot of new affordable housing and any build out should ensure that it meets the highest standards for energy efficiency, including zero-carbon operations. Residential, commercial and institutional buildings produce 11% of BC’s GHG emissions, mainly from burning natural gas for heating and hot water. Updated building codes are needed to make the… View Article

It’s 2021: Time to get serious about BC’s carbon emissions

Jan 7, 2021
In December 2020, the BC government released its first Climate Change Accountability Report, the result of 2019 legislation aimed at improving the reporting and oversight of climate action in BC. The report lacks accountability in one important respect: it is not an independent assessment and reads like previous BC government reports on climate action that… View Article

Why now is the time to reform BC’s oil and gas royalties

Dec 8, 2020
The oil and gas royalty regime in British Columbia needs a major overhaul. The re-elected NDP promised during the election campaign to review oil and gas royalties and credits. In the context of a climate emergency the need for a managed wind-down is urgent. Despite “natural” gas being a finite greenhouse-gas-generating fossil fuel, the royalty… View Article

Towards a managed wind-down: the conversation we need to have

Nov 26, 2020
An enduring lesson from COVID-19 is that where there’s a will there’s a way. Faced with a pandemic, governments have risen to the challenge and made profound changes that would have seemed impossible mere months before. We now need to shift this out-of-the-box thinking to the existential threat posed by climate change. The need to… View Article

Vancouver’s Secured Rental Policy and the battle over density

Sep 28, 2020
In North American cities with growing populations and economies, a similar political story on housing affordability is playing out. Calls to permit more dense housing supply—also known as upzoning or changes to land use regulations to allow multi-unit buildings on “single-family” detached lots—pit older, wealthier homeowners against younger, less affluent, renters who feel shut out… View Article

Now is not the time to panic over the federal debt

Sep 22, 2020
Public policy in Canada remains haunted by large deficits that prevailed in the 1980s and early 1990s. With COVID-19 economic response pushing the federal deficit to an estimated $343 billion in 2020/21, some pundits are starting to beat the deficit panic drum again.  Don’t let big numbers scare you. Here’s why we shouldn’t be worried. … View Article