It's the usual problem with symbolic politics. It seemed good on paper but either they never thought it through or someone lobbied for the loophole. Capitalism will always choose the cheapest solution and that's obviously the fine here. Remove the option or drastically increase it.

How much money do they need to build an affordable housing project? I would think 24 million could make a lot of duplexes.

This was easily foreseeable. The only way to get affordable housing in a market economy is to increase supply or decrease demand. This policy did neither

Padulo is already frustrated with tenant rights' protection in Quebec under the province's housing tribunal, which he says is biased "against landlords." Now, he says, the city wants to "put its nose" in his business.

"If people can't afford it, they should not live in the city. The city is made for the privileged," he said.

Nicola Padulo mérite une place de choix dans la queue pour la guillotine.

Ce sont des sociopathes comme lui qui sont à la racine de nos problèmes. Honnêtement ça prendrait une bonne manif devant sa porte de maison pour lui montrer que c'est lui qui n'a pas d'affaire ici.

If they don't, they must pay a fine or hand over land, buildings or individual units for the city to turn into affordable or social housing.

Seems like the fine isn't high enough to steer them towards the intended objective.