Canada has the capital to build more rental housing. We just need to unlock it

Canada should adopt a tax rule similar to the U.S. 1031 exchange to allow apartment builders to defer capital gains tax when reinvesting in new construction, preventing delays in building new housing. This change could boost apartment construction, address housing shortages, and increase tax revenues by encouraging asset recycling without reducing overall tax payments. Tailored incentives could also promote redevelopment of specific property types.