Newly Elected PM Carney Faces Several CRE-related Challenges

Newly elected Prime Minister Mark Carney, leading a minority Liberal government, faces several commercial real estate challenges. Key issues include dealing with U.S. tariff threats, boosting investment in electric-vehicle and battery manufacturing, and doubling Canada's housing supply. Carney's promises include establishing a federal housing development corporation and avoiding a capital-gains tax increase. Strategic alliances with other parties may be necessary to achieve these goals due to the Liberals' minority status.