Feds’ “decarbonization” policy could further spike home prices (ft. Prof. Ross McKitrick)

A new federal government proposal aims to “decarbonize” the building sector, by enhancing energy efficiency in both new and existing buildings. However, new building codes may raise home construction costs by 8.3% by 2030, potentially adding $55,000 to the average cost of new homes. University of Guelph economics professor Ross McKitrick joined True North’s Andrew Lawton to discuss why he feels this is the wrong move at the wrong time.