National

Feds to speed up housing construction

Darpan News Desk The Canadian Press, 15 Aug, 2023 09:50 AM

Canada's housing minister says working people should be able to afford to live where they work as rental prices grow beyond reach of even high-income professionals.

Sean Fraser says the federal government is looking at a number of ways to work with provinces and municipalities to speed up the construction of housing through subsidies and other incentives and drive prices down.

He says people’s circumstances are varied, but couldn’t point to a number he thinks is reasonable for a one-bedroom apartment as the average in Vancouver was recently reported at around three-thousand dollars.

Mayor @MarianneAlto and I might have a slight height difference… but we’re completely aligned on solving the housing crisis. Had a great chat on how Victoria will leverage the federal Housing Accelerator Fund to build the new homes this program will unlock. pic.twitter.com/U4VBwBL9nv
— Sean Fraser (@SeanFraserMP) August 14, 2023

Fraser says the federal government should have never got out of the housing game in the first place, and building rental housing for people across the income spectrum is a priority as more Canadians struggle to keep a roof over their heads.

Prev Next

MORE National ARTICLES

Federal budget includes $59.5B in new spending

To alleviate the pressure of rising grocery prices, the federal government has extended the GST rebate boost offered in the fall. The rebate, which will go to lower income Canadians, will deliver up to $234 to a single person and up to $467 to a couple with two children.

Federal budget includes $59.5B in new spending

Dental program cost set to more than double

That benefit will be scrapped by June 2024. In its place, Tuesday's budget shows the Liberals are planning a government-administered insurance program, at a cost of $13 billion over five years beginning in fiscal year 2023-24.

Dental program cost set to more than double

B.C. councillor resigns, called mayor 'Mr. Hitler'

At a March 20 meeting, Smyth took issue with a decision not to livestream advisory committee meetings about an official community plan or release committee members' CVs. Smyth said the move was done in a "very political way," something that was denied by Mayor Peter Jones who said it was a "practical approach" before ending questions.

B.C. councillor resigns, called mayor 'Mr. Hitler'

B.C. to secure access to drug of social media fame

Adrian Dix said in January that the government would be investigating why almost 10 per cent of prescriptions for the drug in B.C. were filled for American citizens. Dix said at the time that the dramatic increase in demand for the diabetes drug was partly because of social media "influencers" who spoke about its weight loss benefits.

B.C. to secure access to drug of social media fame

Unprecedented construction needed in B.C.: Report

The province must build 25 per cent more new homes than usual for the next five years to address deteriorating housing affordability. The association said construction needs to be ramped up to a record 43,000 housing completions a year for the next five years to counteract rapid population growth.

Unprecedented construction needed in B.C.: Report

32 year old Inderdeep Singh Gosal charged with murder in Vancouver Starbucks stabbing

Police say the stabbing happened Sunday after a brief altercation between two men outside the coffee shop in the city's downtown core. 32 year old Inderdeep Singh Gosal is accused of second-degree murder.