Why give $300M to TCHC when it is already spending over $17,000 each year on every single one of its 58,000 units, but failing to repair them?

Idiotic government, a passive public and a sleeping media watchdog are to blame. This is NOT the role of gov. It's role is to ensure housing exists, not to build and then manage it in the most incompetent expensive way possible.

All TCHC residents and indeed all Toronto residents  who want into the housing market could get in with what the City wastes on inept management of TCHC units. We need to get gov. out of this business. It is in over its head.

We need a full public inquiry to investigate and lay out all of the wrong-headed thinking here and prevent it from ever happening again, anywhere in the country.

Bottom line: Most landlords spend about $3,000 per unit per year on taxes, water, hot water heat, management, cleaning common areas and repairs. 

TCHC spends over $17,000 /unit/ year for the same thing. Further, repair  $ is wasted.