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Shortly after you posted it the announcement came out - they’re building 2000 homes in London Ontario from a previously announced fund that will build 100K homes across all of Canada. That’s it. CMHC says we need an additional 3.5 million units by 2030 above what we’re already estimated to build, and the best the Liberals can do is 100K?!
Earlier Wednesday, Housing Minister Sean Fraser told reporters that when his government came to office in 2015, the housing shortage overwhelmingly impacted low-income families but the situation has now “fundamentally shifted.”
Yeah, it wasn’t a priority for the Liberals until they realized that it might lose them an election and yet their best attempts are still so far short of what’s needed.
It’s not nothing…but it’s awfully damn close…
The real problem is that both the Liberals and the Conservatives have a vested interest in maintaining the status quo for housing. We need decision makers that are better aligned with actual Canadian families.
You’re conflating a few things. The fund from which those 100k homes are coming is the Housing Accelerator fund, which was introduced in the 2022 budget.
We’ll see if the liberals are able to roll out additional policies etc but this announcement is more a celebration/demonstration of an existing policy.
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the best the Liberals can do is 100K?!
I’m trying to compare it to the NDP or Conservative numbers to get a good comparison from when they were in federal office, and all I can see is they didn’t do nothing, so it’s a low bar. The 99 year lease deal Mr Harper signed away to a foreign country is kinda a negative bonus, so they’re looking particularly bad.
I admit this is news to me.l, though, so I don’t know what to expect. Based on your personal experience mobilizing proper concrete high density housing during a pandemic recovery, how many should they have planned instead? Be ready to show your work because I want to learn how you came to your assessment.
It seems that the headline is they’re throwing a few billion dollars directly into the same system that has caused our problems, with municipalities also being invited to “pitch” any better ideas they come up with to get more of that money. I don’t know if it will change anything in the long run, but maybe it will temporarily relieve some pressure. I suppose it will come down to the details of how it’s administered.
Unfortunately not a single one of the parties is offering anything that isnt the status quo, or schemes that “make housing more accessible” by having forever mortgages or subsiding other aspects of home ownership.
House is like 30% of the GDP at this point and none of the parties are willing to touch it.