Justin Trudeau made this promise a month ago: “Safe, adequate, and affordable housing is essential to building strong families, strong communities, and a strong economy.
"We have a plan to make housing more affordable for those who need it most – seniors, persons with disabilities, lower-income families, and Canadians working hard to join the middle class.”
Liberal.ca details the pledges made by the party that is now empowered to enact them; “significant new investments in affordable housing;" “tax incentives to increase and substantially renovate the supply of rental housing across Canada;” a review of government-owned land to see if it can be used for affordable homes; a modernized Home Buyers’ Plan; and a review of “escalating home prices in high-priced markets – like Vancouver and Toronto – to keep homeownership within reach for Canadians living in these areas.”
Over to you Mr Trudeau…
More market update:
Canada’s new federal government will now be expected to deliver on a raft of election promises, including those on affordable housing.