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Reality-checking the Liberals’ housing announcement amid crisis

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The federal government is hyping up its "landmark" $74 million deal to build homes in London, Ont., but as it turns out, the impact seems minor.

Prime Minister Justin Trudeau is also calling on municipalities to “step up” with their plans to build more housing amid the crisis.

Mackenzie Gray explains why that money is not new, what the Canadian Housing and Mortgage Corporation says is actually needed to restore affordability and how Trudeau's housing solution challenge for mayors won't work.

For more info, please go to https://globalnews.ca/news/9957271/canada-housing-announcement-liberal-retreat/

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Category
U.S. & Canada
Tags
global news, Canada housing crisis, housing crisis
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