Current location:world >>
Canadian gov't announces plan to solve national housing crisis
world35People have gathered around
IntroductionOTTAWA, April 12 (Xinhua) -- The Canadian federal government on Friday announced its vision and plan ...
OTTAWA, April 12 (Xinhua) -- The Canadian federal government on Friday announced its vision and plan to solve the national housing crisis. According to a news release issued by the prime minister's office, the plan lays out a bold strategy to unlock 3.87 million new homes by 2031, which includes a minimum of 2 million net new homes, on top of the Canada Mortgage and Housing Corporation's forecast of 1.87 million being built anyway by 2031. Federal actions in this plan, in Budget 2024, and taken in fall 2023 will support at least 1.2 million new homes and the federal government calls on all orders of government to build at least 800,000 more homes by 2031, the release said. At the heart of this plan lies a commitment to make housing affordable. No hard-working Canadian should have to spend more than 30 percent of their income on housing costs. No Canadian should have to live without knowing they have a safe and affordable place to live, the release said. According to the release, one of the biggest pressures on Canadian people right now is housing. Young Canadians are renting more than ever and being priced out of their communities. Families are finding it difficult to get a good place to settle down. The cost to build homes is too high, and the time it takes to finish projects is too long.
(Editor:Liao Yifan)
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Interactions news portal”。http://zimbabwe.popular-vines.com/html-07f099967.html
Related articles
Target to lower prices on basic goods in response to inflation
worldTarget plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inf ...
【world】
Read moreFeature: Smart at
worldContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【world】
Read moreChina Focus: Children's Literature in Tibetan Language Turns New Page
worldContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【world】
Read more
Popular articles
- Russian theater director and playwright go on trial over a play authorities say justifies terrorism
- China's Shenzhen Draws Returned Overseas Chinese Talent
- China Reduces Personal Income Tax for Parents of Children under 3
- Farmers Work in Sugar Cane Fields in Dahua Township, Guangxi
- I was 'brokefished' by my friend for £400
- 75 Percent of Chinese Population to Be Registered with Family Doctors by 2035
Latest articles
LINKS
- Kyle Larson off to wet and rocky start in quest to complete Indy 500 and NASCAR double
- Aggravated murder charge filed against truck driver accused of killing Utah police officer
- Two Romanian fly
- Texas university leaders say hundreds of positions, programs cut to comply with DEI ban
- What to stream: New Billie Eilish and Zayn Malik albums, 'Bridgerton'
- Our daughter, six, died of sepsis just days before Christmas
- Morocco’s automotive industry shifts gears to prep for electric vehicle era
- Former NFL coach Jon Gruden loses Nevada high court ruling in NFL emails lawsuit
- Google unleashes artificial intelligence in search, favoring responses by AI over links
- Morocco’s automotive industry shifts gears to prep for electric vehicle era