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

Why Gold And Silver Stay High Even After Rate Cuts | Todd Bubba Horwitz

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Recommended

Total Metals Launches 5,500 Metre Drill Program At ElectroLode Property

Mercado Minerals Launches Two Phase Geophysical Program At Copalito Project

Related News

Housing Minister Sean Fraser Considers Axing Ambitious Immigration Targets After Realizing Canada’s Housing Challenges Are Real

Canada’s housing challenges are finally prompting much-needed discussions on potential modifications to the Liberal government’s...

Monday, September 11, 2023, 03:55:00 PM

More Canadians Have Mortgage Amortization Periods Over 30 Years

A growing number of Canadian homeowners are choosing to pay off their mortgage loans over...

Thursday, April 27, 2023, 07:31:00 AM

Exposing the Crisis: New Tool Tracks MP Investment In Real Estate

The Maple recently released a comprehensive database of landlord Members of Parliament (MPs) in the...

Monday, June 19, 2023, 02:17:00 PM

Trudeau Reveals Housing Deal In Vaughan For Over 1,700 New Units

Justin Trudeau’s Liberal government has declared that the federal government has struck a deal with...

Friday, October 6, 2023, 06:24:00 AM

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