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Rick Illich

Rick Illich

Founder & CEO of Townline Homes Inc., a Vancouver-based real estate developer, and twice-elected chair of the Urban Development Institute.

Sep 22, 2026

3:13
Yes, it
3:14
does.
3:14
But what we have, I think, differently today is in addition to that, our economic down cycle was happening before that.
3:24
And it was 100% policy baked and reversal of policy.
3:30
probably the big one would have been with the prior liberal leader whose name we shouldn't mention it's kind of like that voldemort character in harry potter right but uh you know he um naively just opened up the doors to anybody that had a pulse whether they contributed or not to the country and we were very very busy struggling to try to keep up provide housing the demand was It was almost like a demand shock.
3:55
And Prudence eventually raised its head with under new leadership and the government had done the right thing.
4:01
And that's right sizing immigration policy makes a lot of sense.

44 MINS LATER

48:18
Mm-hmm.

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