Prime Minister Justin Trudeau promised the new legislation earlier this month to address the housing crisis and affordability crunch.
Freeland, along with other cabinet ministers, held a news conference later on Thursday to discuss the legislation. The measure stands in contrast with proposals from the NDP and Conservatives to provide the full rebate only to affordable or below market price rentals. “This is not the time for complicated half-measures that add layers of bureaucracy to figure out which projects will benefit.”
The bill also aims to strengthen the Competition Bureau as part of the federal government's effort to address high prices driven by a lack of competition.
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