There are about 16.3 million homes in the country. Canada Mortgage and Housing Corp. last year calculated that, for prices to moderate, 5.8 million more are needed over the next decade – that’s 3.5 million on top of the 2.3 million that would otherwise be built. Look at those numbers and wonder why the Prime Minister held a press conference for 214 homes. Look at those numbers and consider the national housing strategy’s modest impact, 107,519 homes, so far.
These are provincial domain you’re right, but I think the point of this editorial is that since the provinces aren’t doing their part (not by a LOT) the federal government needs to do more where it can.
The feds could start building affordable homes again like they used to. They have a history of building homes, I dont know why this isnt being discussed.
They could also study what other countries have done with their housing policies and copy what works. They need to take this crisis seriously and think outside the box.
Both provincial and federal government need to be taking major action here.