Federal Liberals will announce 'renewed' housing plan in 2024, minister says
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Housing Minister Sean Fraser says Canadians can expect to see a full plan from the federal government in 2024 that lays out how it will tackle the housing crisis.
Housing Minister Sean Fraser says Canadians can expect to see a full plan from the federal government in 2024 that lays out how it will tackle the housing crisis.
"We're working to develop a plan that will pull together the measures we've announced and the next measures we will announce into a single place for Canadians to see the full renewed approach," Fraser said in a year-end interview with The Canadian Press.
The plan would build on the housing policies recently announced by the Liberals, which include eliminating GST charges on rental developments, increasing the amount of low-cost financing available to developers and launching consultations for a catalogue of pre-approved home blueprints that would speed up approvals for projects.
The housing minister has also been travelling the country to sign agreements with municipalities as part of the housing accelerator fund, a program that offers federal dollars in exchange for changes to bylaws and regulations that would boost home construction.
Looking ahead, Fraser said the upcoming plan will unveil measures to alleviate homebuilding cost pressures and outline an industrial strategy to boost productivity.
It will also provide help for those with the deepest housing needs, he added.
The Liberal government's renewed focus on housing comes as it tries to regain favour with Canadians on affordability issues.
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