Tuesday, June 24, 2025
New research from Dr. Tingting Wu, professor at the University of Waterloo's School of Accounting and Finance, examines how Canada’s carbon pricing law is influencing housing market dynamics. While overall housing prices remained steady following the introduction of the Greenhouse Gas Pollution Pricing Act, Wu’s study highlights notable shifts in buyer and seller behaviour, particularly in areas with higher pollution levels.
Her findings suggest that beyond the direct costs of carbon pricing, individual awareness and attitudes toward climate change are also shaping housing decisions. This research offers important insights for policymakers and real estate professionals navigating an evolving market.