Election 2025 Federal Parties Proposals for Solving Canada Housing Shortage
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In the lead-up to Canada's 2025 federal election, major political parties have unveiled their housing plans to address the nation's affordability crisis. The Liberal Party aims to construct 3.9 million homes by 2031, including 20,000 new affordable rental units, and to revitalize 130,000 existing units. Their strategy involves investing in public land for housing development, enhancing the Housing Accelerator Fund, and providing additional funding for homelessness initiatives. The Conservatives propose building 1 million homes over three years, selling 6,000 federal buildings to free up land, and incentivizing municipalities to increase housing completions by 15% annually, with penalties for non-compliance. The New Democratic Party (NDP) plans to construct at least 500,000 affordable housing units over the next decade, waive federal GST/HST on new affordable rental constructions, and collaborate with Indigenous communities to implement a co-developed housing strategy. The Green Party's approach focuses on building 50,000 supportive housing units and acquiring 300,000 units of deeply affordable, non-market housing over ten years, while also proposing tax incentives for community land trusts and redefining affordability criteria to reflect regional variations.
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