Experts, advocates say federal budget is hit-and-miss on housing
by The Canadian Press
Last Updated Apr 20, 2021 at 2:28 pm EDT
OTTAWA Experts and advocates say countrywide government measures aimed at putting housing within reach of more Canadians mark a step in the right direction, despite a few misses and ham-fisted moves.
Yesterday’s federal budget promised $2.4 billion over five years for affordable housing and followed through on a pledge to tax foreigners who own vacant homes in Canada.
Vancouver Mayor Kennedy Stewart and Toronto Regional Real Estate Board president Lisa Patel both applauded the commitments for trying to tackle affordability as real estate prices soar across the country, though Patel questioned whether a vacancy tax would make a dent in prices or supply.
Experts, advocates say federal budget is hit-and-miss on housing
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Experts, advocates say federal budget is hit-and-miss on housing
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