Trudeau announces $600 million in loans, funding to jump-start homebuilding, rentals
Trudeau announces $600 million in loans, funding to jump-start homebuilding, rentals
OTTAWA - The federal Liberal government plans a $600-million package of loans and funding to help make it easier and cheaper to build homes for owners and renters.
Trudeau said $50 million would go toward a homebuilding technology and innovation fund, with another $50 million to modernize and expedite construction.
An additional $500 million worth of low-cost loans will foster projects with "innovative" construction techniques from prefabricated and modular housing manufacturers and other builders.
This is great news. We have a shortage of construction workers, so any moves that improve how we build is good.
We still need tax reforms, more construction workers, and governments building housing.
We also need more density being built. More SFH isn't going to fix our problems
Lots more inventory for speculators, hurray!
You're not wrong, but I spend a lot of time (rightly) shitting on our governments. It isn't enough, but it's an incremental move in the right direction. That deserves recognition.
All these fucking announcements on housing and yet he doesn't dare take on one of the main problems - speculators.
Guy isn't even trying.