Money collected from short-term rental taxes in Victoria, a city that has some of the highest rents in country, will be used to fund affordable housing units that will prioritize hospitality workers. Workers and experts see model as part of solution to rental housing crisis Money collected from short-term rental …
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Federal government plans to lease public lands for construction through new housing strategy
Housing Minister Sean Fraser has announced what he's calling an ambitious strategy to address Canada's housing crisis. Trudeau says the goal is to build 'almost 3.9 million homes by 2031' Housing Minister Sean Fraser has announced what he's calling an ambitious strategy to tackle Canada's housing crisis. Fraser said Friday …
Read More »Escalating cost of living tarnishes the golden years for pensioners
When Doreen Noseworthy retired in 2002 after a teaching career that spanned almost four decades, she believed she and her husband, Gerry, an accountant, were set for life. What they did not foresee was the sharp escalation in the cost of living in recent years that would see the buying …
Read More »New public housing coming to Nova Scotia for first time in 30 years
The Nova Scotia government has announced plans for the construction of new public housing in the province for the first time since 1993. Province says new units will serve 520 families, individuals and low-income seniors The Nova Scotia government has announced plans for the construction of new public housing in …
Read More »Alberta premier says she’s prepared to take Ottawa to court over housing deals
Alberta Premier Danielle Smith says she's willing to go to court to block the federal government from going straight to municipalities to make deals on housing. The federal government says that approach will only slow down construction. Smith looking to require provincial oversight of federal-municipal deals Federal officials and Alberta …
Read More »Trudeau announces new measures to deal with housing, grocery prices
Faced with increasing pressure to respond to widespread concerns about the cost of living and questions about his leadership, Prime Minister Justin Trudeau announced a series of new measures Thursday meant to deal with rising housing and grocery prices. New initiatives come as Liberals conclude caucus meeting in London, Ont. …
Read More »Tax incentives, GST removal, favourable financing still on table as government hopes to ease housing pain
Housing Minister Sean Fraser says the government is still considering a wide range of potential moves to help ease the acute housing insecurity Canadians across the country are feeling. Poilievre calls current situation "fundamentally unjust and wrong" Housing Minister Sean Fraser is keeping a wide range of options on the …
Read More »With millions of mortgages coming due, finance minister expects banks ‘to work with’ Canadians
Finance Minister Chrystia Freeland says that the interests of banks, government and Canadians are aligned when it comes to the process of renegotiating millions of mortgages over the next 18 months. New mortgage charter isn't binding but Freeland believes lenders will follow it Finance Minister Chrystia Freeland expects banks will …
Read More »He slept on night buses and in a storage locker to avoid homeless shelters
After losing his home in June, John Grant Yusak headed to a Walmart parking lot in south Ottawa. That was only the beginning of his journey. John Grant Yusak spent 6 months seeking out spots to pass the night in Ottawa Three days before Christmas, John Grant Yusak was evicted …
Read More »Federal government promising a ‘renters’ bill of rights’ in upcoming budget
Prime Minister Justin Trudeau announced that his government will introduce new measures — including a new “bill of rights” — that he says will help protect those who rent their homes as part of the upcoming budget. Trudeau expected to make more pre-budget announcements in coming weeks Prime Minister Justin …
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