this post was submitted on 11 Aug 2023
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Freeland touts home savings account, notes limits to addressing housing crisis (www.castanet.net)
submitted 2 years ago by [email protected] to c/[email protected]
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Deputy Prime Minister Chrystia Freeland says the uptake of a new savings account for first-time homebuyers is exceeding expectation, though she acknowledged the limits of what it can do to address affordability.

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[–] [email protected] 3 points 2 years ago (1 children)

Canadian Mortgage and Housing Corp. has forecast that the country needs 3.5 million more homes by 2030 than the country is currently on track to build.

So, and hear me out here, why the hell doesn't the CMHC build public housing like they used to? You know, like before the late 1990s when every level of government just abdicated responsibility for anyone who wasn't already rich.