Fresh data from Stats Canada reveals that more Canadians are turning to buying homes with their parents to enter the housing market, with some markets almost requiring it. Prime Minister Justin Trudeau aims to revive the dream of home ownership for young Canadians despite CMHC data showing a slowdown in housing starts and a projected increase in prices. Opposition critic Pierre Poilievre criticizes Trudeau, citing CMHC data indicating a continued decline in housing starts and rising rents, leading to fewer vacancies and increased barriers to home ownership.
Jaw dropping news from Trudeau's own housing corp: - Housing starts will continue to go DOWN in 2025-26 compared to 2020-21 - Rents will go UP & vacancies will go DOWN as more people are priced out of owning a home After 9 years, Trudeau & his photo ops are not worth the cost…
"We'll be reviving the dream of home ownership," @JustinTrudeau tells MPs even as #CMHC data show housing starts are down and prices are up for years to come. https://t.co/d0OnH34rfj @CMHC_ca https://t.co/WjEjkC1nxA
PM @JustinTrudeau says he is “reviving the dream of home ownership for young Canadians.” Remarks followed new @CMHC_ca data showing housing starts are slowing, not growing. https://t.co/fQbhZgADXD #cdnpoli https://t.co/sUY9enkaAw
🚨🚨BREAKING NEWS More Canadians Than Ever Are Buying Homes With Their Parents to Get in the Market: Fresh New Stats Canada Data In some markets, its almost required! https://t.co/j9FBsBg82v
The dream of homeownership is slipping further and further away for many Canadians. Read more: https://t.co/TdQ0VMAICM https://t.co/gPhVW6GmgA