I feel like I haven’t seen anyone talking about this press release here and I’m curious about what people think.
- “$15 billion top-up to the Apartment Construction Loan Program to build a minimum of 30,000 new apartments.” Edit to add: “With this top-up, the program’s financing is on track to build over 131,000 new apartments within the next decade.”
- “new reforms to the Apartment Construction Loan Program to increase access to the program and make it easier for builders to build”
- “Launching Canada Builds – partnering with provinces and territories to build more rental housing across the country”
- “Yesterday, we announced a new $6 billion Canada Housing Infrastructure Fund and a $400 million top-up to the Housing Accelerator Fund to ensure communities have the infrastructure they need to grow and build more homes”
Is this more lip service or are these genuinely working in the right direction to increase housing?
Just reading the headlines and summaries of this and a concurrent “nobody in the government is doing anything” thread, the other one states that at least 1.3M dwellings need to be built by 2030 to try to keep up with demand, while this one talks about 30k dwellings.
This just moves it to “barely does anything”.
And 3.5M to lower prices back to reasonable levels.
No it doesn’t. The OP of the post edited out the actual words in the article to make it seem like that was what was said. That is not what was published on the Parl government site. The exact wording of the 30k number:
Is this enough? I can’t answer that. But the policy isn’t just 30k new dwellings. It was specific to a MINIMUM of 30k new APARTMENTS. nothign to do with houses, condominiums, or overall housing numbers.
Now ask yourself. Why did the OP omit the full wording of the statement? Sounds like they’re just trying to push and feed that ongoing hate boner.in addition that is a TOP UP to an existing program and not a new single investment: https://www.cmhc-schl.gc.ca/professionals/project-funding-and-mortgage-financing/funding-programs/all-funding-programs/apartment-construction-loan-program
Oops, not intentionally, I was grabbing some highlights but wasn’t trying to make it say anything in particular… I’ll update, even though it’s a bit late. I’ve been traveling!
But also…
Go fuck yourself asshole. There’s no need for your vitriol in a post to prompt discussion. You don’t need to attack me or my intentions with basically nothing to go on.
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There are a lot of people who see housing getting further out of reach. Rents are going up. Homes are too expensive for young people to buy. It’s too expensive for some home owners to move into larger/nicer homes.
In a lot of cases, people are seeing their mortgage/rent increase while they’re living in the same place.
We don’t see any kind of comprehensive plan to get prices from where they are to where they were a decade ago. Instead, we see a trickle of piecemeal announcements that talk about tens of thousands of units over decades. It doesn’t seem like enough.
It’s legitimate (but perhaps unCanadian) to question what our politicians are doing about it.
there is absolutely 100% a housing crisis. no argument from me. Please don’t take what I post as some support for the LPC. I AM NOT A LPC voter. I am just frustrated at the purposeful propaganda intended to disrupt government in the desire to put in place a more corporate friendly (historically at least) Conservative government, who has also historically, done even worse for Canadians, while all lying about it.
nothing new to me. I have a mortgage. I know
because that is not and has never been a goal of the federal government nor has that been ever in their pervue. Especially since the Canadian government has essentially been a Neoliberal free market money growth economy since the era of Mulroney. what you likely want is a shift to that to a more social based governance. Well, you’re not going to get arguments from me there.
Nobody should be profiting off basic needs until the needs of all are met. I’m a mixed socialist :p
The simple fact is in a neoliberal and capital based economy, all things inflate. The biggestt problem is that theres a class of people whose incomes did not inflate in line with the rest of society. And nobody seems to want to care about them.
This comes down to jurisdiction, and actual powers though. What would be the biggest, and most dramatic change to allow for mass building of homes? Fixing the provincial barriers to home building. Those barriers are in the power of our premieres who are all current conservative, and instead of doing anything about it, are saying “BUT ITS TRUDEAUS FAULT!~”" while doing absolutely fucking NOTHING to fix what is in their power. THis is intentional. This is rich developers using their money and power and influence in media to convince the masses (who in their defence, don’t have the time to be OCD about this like me) to hate LPC and put a party in place who have their own nefarious behaviour in the housing crunch. (this is also exactly whats happening with the gas tax, which is 100% the premieres fault for having us pay)
The CMHC simply needs to be given back power and money to build non-profit housing to meet the needs. Something, that would cost so much money, that it will also get the inevitable “WHOSE PAYING FOR IT” anger and rhetoric.
(I still can’t figure out why I’m not seeing your posts in the actual communities)_