Not enough places to live, Trudeau says of the housing market, as he pledges support to scale supply

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Prime Minister announces alongside Hamilton Mayor Andrea Horwath a joint plan to build and repair 214 homes in the city, with Ottawa spending $45-million for four projects

, accusing him of failing to provide solutions to the housing crisis and other economic problems.

Ms. Lantsman also said the Prime Minister’s announcement about 214 new or refurbished units will do little to address the crisis when the Canada Mortgage and Housing Corporation estimates Canada needs 3.5 million more homes by 2030.said in an interview Monday that his party has been ramping up political pressure on this file, adding that the Liberals have had eight years in government to tackle the issue and that he can’t “shuffle his way out of his record.

Specifically, the NDP Leader said he would like to see incentives to have homes built rapidly, more purpose-built rental units and non-market housing. He pointed to an example he made at a co-operative housing location in Hamilton where the rate of rent was between $500 and $700 a month.

“Our talent is what is going to, long term, be the thing that will sustain our prosperity,” he said. “If we can’t create an affordable housing market, we won’t be able to keep, retain or grow the talent that we need in the future to be that economic power.”

 

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