Tag: Canada housing

Canada in Short Supply of Housing; Industry Calls for Cuts to Taxes, Fees

May 21, 2023
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Federal housing minister Ahmed Hussen told a House of Commons committee that the country needs more houses urgently. “We need more housing supply in Canada,” he told the Public Accounts Committee on May 18. “We have the fastest-growing population in the G7. We have a very low housing supply of all types.” According to Blacklock’s Reporter,…

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Federal Housing Advocate Critical of Profit-Driven Housing Market, Calls for Regulation

May 14, 2023
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Canada’s federal housing advocate told a House of Commons committee on May 9 that the profit-driven housing market is “harming people” and should be regulated. She said that only regulations will lower prices and that the market-driven housing industry is not working well. Marie-Josée Houle, who was appointed in February 2022 to the position under the National Housing…

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Fed Housing Strategy Yields Too Few Homes, According to Inquiry Data

May 14, 2023
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The federal government’s housing strategy has only managed to finance the construction of some 106,000 homes since 2019, according to new government data. An Inquiry of Minister presented in the House of Commons by Canada Mortgage and Housing Corporation (CMHC) provided data on the numbImmer of residential units that have been built through the strategy…

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John Robson: Feds’ Rapid Housing Plan Will Still Move at a Snail’s Pace, Despite an Additional $1.5 Billion

January 31, 2023
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Commentary From the news releases I receive, particularly from the PMO, I gather that the government has both the will and the capacity to bring enormous benefits to me, my fellow citizens, and indeed the inhabitants of the entire globe. Alas, from the news stories I receive, particularly about the PMO, a rather different picture…

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