Liberals Still Don’t Know What to Do About the Housing Crisis

Nova Scotia MP Sean Fraser, recently appointed to the housing file, is under scrutiny to provide solutions for unaffordable housing costs. 

A month into his tenure, Fraser has also already been criticized for not being able to offer new solutions. He recently called out opposition leader Pierre Poilievre on Twitter, saying “Canadians need solutions, not slogans.”

While Fraser calls out Poilievre, his response isn’t comforting either. Canadians are growing increasingly frustrated with the country’s leadership – and it’s likely too late to be telling them that the solution is to listen to their needs. 

Recent polls show yet waning approval ratings for Trudeau and the Liberals as Conservatives continue to rally support, particularly in Ontario.

The Canada Mortgage and Housing Corporation estimates a need for an additional 3.5 million affordable housing units by 2030 to restore housing affordability. During the cabinet retreat that concluded last week, Fraser floated the idea of capping the number of international students as a measure to reduce housing demand near post-secondary institutions.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Gold Will Hit North of $4,000: Who’s Actually Producing? | Shane Williams – West Red Lake

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

OSFI Raises Concerns Over Potential Mortgage Defaults in Canada

The Office of the Superintendent of Financial Institution (OSFI) has released its Annual Risk Outlook...

Tuesday, June 4, 2024, 08:29:01 AM

30 Year Mortgages: Home Builders Association Wants To Make Borrowing Easier

The Canadian Home Builders’ Association (CHBA) is calling on the federal government to introduce a...

Monday, February 12, 2024, 12:50:00 PM

Liberal Resurgence Under Carney Draws Sean Fraser Back to Politics

Former Liberal cabinet minister Sean Fraser has reversed his retirement decision, announcing he will seek...

Wednesday, March 26, 2025, 07:48:14 AM

Justin Trudeau Drops GST From New Rental Builds

In an upcoming announcement, Prime Minister Justin Trudeau is set to declare the removal of...

Thursday, September 14, 2023, 01:26:15 PM

Canada’s Housing Affordability Crisis Intensifies As Q1 2024 Immigration Jumps 47%

Canada is facing a worsening housing affordability crisis as the country experiences an unprecedented surge...

Monday, May 20, 2024, 01:39:00 PM