Advertisement

Federal budget must make housing more affordable, Canadian cities urge

Click to play video: '‘Can’t afford a home? Have you tried finding richer parents?’: MPs debate affordable housing in Canada' ‘Can’t afford a home? Have you tried finding richer parents?’: MPs debate affordable housing in Canada
WATCH: ‘Can’t afford a home? Have you tried finding richer parents?’: MPs debate affordable housing in Canada – Apr 4, 2022

The head of the Federation of Canadian Municipalities says the federal Liberals must be ambitious about lowering the cost of housing in the federal budget later this week.

Joanne Vanderheyden says the pandemic has shown how dire Canada’s housing needs are and delaying spending because of competing demands for public spending is not an option.

She says the government can rely on existing programs that have proven successful during the pandemic to boost the supply of housing such as the popular and successful rapid-housing program.

Read more: Ahead of Budget 2022, Liberals eye more spending as inflation fears grow

That program gives cities money for quick construction of modular homes or to buy buildings that can be turned into affordable housing units.

Story continues below advertisement

The Liberals promised a reboot of the popular program as part of a political pact with the New Democrats made last month and NDP Leader Jagmeet Singh says he expects to see something in the budget to that end.

Rising housing costs was a key issue for all parties during the last federal election and prices have continued to rise in the months since.

Click to play video: 'Jagmeet Singh outlines NDP priorities ahead of 2022 budget' Jagmeet Singh outlines NDP priorities ahead of 2022 budget
Jagmeet Singh outlines NDP priorities ahead of 2022 budget – Apr 5, 2022

Sponsored content