Addendum 7 Prime Minister Trudeau to announce 1st step in new housing strategy https://www.ctvnews.ca/politics/pm-trudeau-fraser-to-announce-first-step-in-new-housing-strategy-source-1.6559265 * h/e no new funding * previously earmarked funds will be used w/i existing funding structure * populism/wealth protects wealth: will be across spectrum, not just low income bracket * Trudeau wrapped 2023-08 cabinet strategy session w/o any concrete actions on this front * response: populist rhetoric by Poilievre #Canada #politics #Trudeau #AffordableHousijng #inflation #inaction #populism
Addendum 8 CMHC: Canada short 3.5M housing units for 2030 https://www.ctvnews.ca/business/we-need-to-get-a-lot-of-stuff-built-cmhc-finds-canada-still-short-3-5m-housing-units-for-2030-1.6560531 * Canada needs 3.5 million housing units by 2030 on top of what it plans to build by 2030 * CHMC economist says this goal may likely not attainable Housing Shortages in Canada: Solving the Affordability Crisis https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/accelerate-supply/housing-shortages-canada-solving-affordability-crisis Estimating how much housing we’ll need by 2030 https://www.cmhc-schl.gc.ca/blog/2023/estimating-how-much-housing-we-need-by-2030 #Canada #AffordableHousing #CMHC #HumanRights #inflation #corporations #DefundCorporations #PrivateEquity
Addendum 9 Waiving GST just a start. 3 ideas to get more housing built in Canada Governments need to step up: experts https://www.cbc.ca/news/business/armstrong-housing-crisis-build-1.6968475 * federal gov. decision to eliminate GST on purpose-built rentals expected to add tens of thousands of units to housing market: https://www.cbc.ca/news/politics/liberals-gst-rental-apartments-1.6966608 * just 1st step needed if Canada wants to close housing gap * speed up approvals process * more construction workers needed * lower interest rates for financing #AffordableHousing #Canada #housing