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

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Crossroads Gold Begins 2026 Exploration at Pambula, Reports Gold In Soil Up to 24.6 g/t

Questcorp Kicks Off Fully Funded Phase 2 Drilling at La Union

Related News

Ottawa to Offer Low-Cost Construction Loans to Build More Student Housing

Housing Minister Sean Fraser on Monday announced a new initiative to support the construction of...

Tuesday, January 30, 2024, 03:48:00 PM

Rental Prices in Canada Surging at Fastest Pace Since 2023

The latest data from Rentals.ca and Urbanation shows rental costs across Canada are rising at...

Tuesday, March 12, 2024, 11:38:00 AM

Average Rent In GTA Hits New High of $3,000

The rental market in the Greater Toronto Area (GTA) continues to surge as average rents...

Monday, April 24, 2023, 12:41:00 PM

Housing Affordability Crisis: Ontario Developers Offer Tax Cut Solution

A group of Ontario developers has proposed significant tax reductions on new homes, in a...

Friday, August 2, 2024, 10:47:00 AM

33% of Canadians Renting No Longer Want to Buy A Home

Inflationary pressures and rising mortgage costs are beating down Canadians’ confidence (or interest) in investing...

Sunday, March 12, 2023, 11:28:00 AM