The Canadian federal government has unveiled a $1.5-billion program aimed at building and expanding co-operative housing across the country. This initiative, the largest investment in co-op housing in three decades, is designed to provide safe and affordable housing for Canadians. Applications for this program will be accepted in the coming weeks. The announcement comes amid rising costs of living, with many Canadians struggling to afford basic necessities like groceries and housing. Critics, including Conservative Leader Pierre Poilievre, argue that Prime Minister Justin Trudeau's policies have led to inflationary pressures, making everyday expenses more burdensome for citizens. Poilievre has highlighted issues such as increased streaming costs, higher interest rates, and record-high rents as consequences of Trudeau's economic strategies. He noted that Canadians are making severe nutritional compromises to avoid paying inflated food costs, and families renewing loans are facing higher rates. Additionally, Poilievre pointed out that $4.4 billion was spent on a housing accelerator, yet average asking rent has broken an all-time record at $2,200 per month.
$89 Billion spent on Housing Affordability! The result? Housing prices doubled, and homebuilding dropped! That’s what’s happened when Canada’s government took full control of the real estate market. Let’s not be like Canada: https://t.co/GylqAyLGDw
Pierre Poilievre tried to raise taxes on home builders and cut funding for cities. Our plan is unlocking nearly 4 million new homes across Canada, while supporting renters and helping homeowners. Support our plan: https://t.co/WVWh82ZRTl
Prime Minister of Canada Justin Trudeau has said that real estate needs to be more affordable, but lowering home prices would put retirement plans at risk, per the Globe and Mail.
Conservative Leader @PierrePoilievre rips on the math that doesn't stand behind the housing plan of @JustinTrudeau https://t.co/0Yntjrjptu
City of Toronto staff are urging council to pump $351 million into affordable housing projects to unlock construction on 6,000 new homes for low-income tenants and young, middle-class families. https://t.co/IIQLmv1t39
$4.4 BILLION for Trudeau's housing "accelerator" and average asking rent breaks $2,200/mo - AN ALL-TIME RECORD. Trudeau is not worth the cost of rent. https://t.co/jbbS0f63hF
Families who took out loans when Trudeau bragged interest rates were low are renewing at higher rates. They're paying the cost of Trudeau's inflationary spending. Trudeau is not worth the cost of mortgage payments. https://t.co/6s0uoprChA
Liberal government launches $1.5B program to build more co-op housing https://t.co/56fMQP6VZd
We are supporting co-operative housing with the largest investment in the past three decades! We are helping build more great communities across Canada — because everyone deserves a safe, affordable place to call home. https://t.co/W0F2jo5IF1
Trudeau and his Liberals are taking a victory lap after his inflationary spending sent interest rates soaring. Canadians are still paying for Trudeau's spending through higher loans & mortgages. Trudeau is not worth the cost. https://t.co/PT2s0M1hNe
The federal government is opening the door to a long-awaited $1.5-billion program to fund co-operative housing projects countrywide, announcing that applications to build and expand co-ops will be accepted in a matter of weeks. https://t.co/6AskVAER60
Canadians making “severe nutritional compromises” to avoid paying inflated food costs, threatening their health. Trudeau is not worth the cost of food. https://t.co/sWlSZ9XMsh
Liberal government launches $1.5B program to build more co-op housing. https://t.co/jO8194E4Ou #cdnpoli Find out more at https://t.co/xofn4ZJv7R https://t.co/IxoGC3HI9J
Federal government unveils $1.5-billion co-op housing program https://t.co/G2aabeNfFW
Trudeau is making it more expensive for YOU to stream shows in Canada. He's not worth the cost. https://t.co/XgspUKfegq https://t.co/Xz4ooNAS5o
Updated post. Leader pre-approved Trudeau is making it more expensive for YOU to stream shows in Canada. He's not worth the cost. https://t.co/XgspUKfegq https://t.co/bWQIKxcQ4U
Canadians are struggling just to pay for groceries. Thanks Trudeau. https://t.co/nkE8s3NAIm