TRREB Statement on Canada’s Housing Plan
Today’s announcement by Prime Minister Trudeau, Minister Freeland and Minister Fraser of Canada’s Housing Plan is a historic commitment to addressing the housing crisis that is projected to unlock 3.87 million new homes by 2031.
- Today’s announcement by Prime Minister Trudeau, Minister Freeland and Minister Fraser of Canada’s Housing Plan is a historic commitment to addressing the housing crisis that is projected to unlock 3.87 million new homes by 2031.
- Canada’s Housing Plan delivers funding and support that will help provinces and local governments end exclusionary zoning, freeze development charges, and build housing enabling infrastructure.
- TRREB is pleased to see that Canada’s Housing Plan commits to helping future home buyers achieve their dreams through extending mortgage amortizations for first-time home buyers and increasing the home buyers’ plan withdrawal limit to $60,000 for an individual or $120,000 for couples.
- TRREB encourages all levels of government to take a “Team Canada” approach to solving our housing affordability crisis.