Housing is mainly the responsibility of the 10 provinces as well as major municipalities, with Ottawa's role limited to policy advice and financial incentives.
"It will take all of us — the federal government and the provinces, cities and towns, the private sector and non-profits ... working together in common cause, not for weeks or months, but for years," Freeland said. "Building the homes a growing Canada needs will require another great national effort," she told a Montreal conference, saying the country would have to build homes at a speed and scale not seen since the 1940s and 1950s.
In a bid to boost supply, the government has said it will remove the federal 5 per cent GST on the construction of new rental apartment buildings and is telling cities to do more to address the issue.
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Canada's housing crisis will take years to solve -finance minister(Reuters) - An affordable housing crisis that is hurting the Canadian government's popularity will take years to resolve, even if construction hits an ...
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Canada's housing crisis will take years to solve -finance minister(Reuters) - An affordable housing crisis that is hurting the Canadian government's popularity will take years to resolve, even if construction hits an ...
Source: SaltWire Network - 🏆 45. / 63 Read more »
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