Housing costs have skyrocketed in Canada – disproportionately affecting the youngest and poorest Canadians who are already economically vulnerable. It’s time to take action against speculators and investors who inflate the values of Canadian homes. Homes are for living, not speculating.
During the 2021 election, every party pledged to tackle the housing crisis. The Liberals, Conservatives, NDP, Bloc, and Green Party acknowledged that housing is unaffordable for many Canadians. Each party promised to lower the cost of home ownership.
Just as there’s no single cause for the housing crisis, there’s no single solution. The federal government must implement policies that reduce demand, increase supply, and encourage provinces and municipalities to do the same.
We need policies that: