Prime Minister Justin Trudeau announces federal housing program
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- čas přidán 11. 04. 2024
- Prime Minister Justin Trudeau is promising a massive federal program to deal with the housing crisis in Canada.
The Prime Minister made an announcement Friday ahead of next Tuesday’s federal budget. But he has not said how much the new program will cost.
Trudeau said this is going to be the greatest housing program in the country’s history.
“Today we are releasing the most comprehensive and ambitious housing plan ever seen in Canada.”
Trudeau said the plan aims at making housing affordable, people could own homes for no more than 30 per cent of their income, especially young people.
“It’s a plan to build housing including for renters on a scale not seen for generations. We’re talking about 3.9 million homes by 2031.”
Despite calling for 3.9 million homes, Trudeau’s plan would only see two million homes built while the remaining 1.9 million would come through other programs.
Trudeau’s Housing Minister Sean Fraser gave some very slim details of the plan like tax incentives, low-cost financing and housing on federal lands.
“We’re also going to be launching new measures that help unlock federal lands in a way that we have never pursued before, at a faster speed and with new numbers including with a new strategy that will allow us to maintain ownership of the land and enter into long-term leases,” Fraser said.
The plan, however, comes accompanied by some questions, such as ‘Do people want to buy a home on leased government land?’
“Home ownership is a core component of how many Canadians see themselves. It’s been a big feature of our country,” said MacMaster University Economist Colin Mang.
Mang said the government is right to think about going back to the example of the World War II housing program.
“The wartime housing plan was a very successful program. It focused on a basic set of designs that could be used across the country. And that actually speeds up development because you have these plans that are pre-approved,” said Mang.
However, the new plan would not build houses overnight.
”Unfortunately we are in a crisis that’s not going to get solved in the next few months but this is certainly going to push us in the right direction,” said Mike Moffatt from the Smart Prosperity Institute.
Ahead of the budget next week the government didn’t say how much this plan is going to cost.
An Angus Reid poll shows 59 per cent of Canadians are already worried the government is spending too much.
And 66 per cent said this year’s projected deficit of $40 billion is too high.
Opposition leader Pierre Poilievre said Prime Minister Trudeau promised a “National Housing Strategy” in 2015.
But in a social media post, he said since then mortgage payments have doubled, rents have doubled, and down payments have also doubled.
Poilievre said, “Justin Trudeau has failed.”
Is Christie Freeland really just a giant bobble head!
Watch video again. She only bobbles when Trudeau speaks. Lol
@@nickpharand Is Trudeau really that metal?
meth tends to do that
Cocain is a terrible drug as we can see it’s affects on our deputy PM
She's a nuisance critter like her boss.
None of these ideas will happen. Pure noise. They can’t make an app, or pay their employees.
Even if it did, how does this help retired people or those on disability. How does it help a waitress, or factory worker, or taxi driver. It doesn't. It only helps those who already have money.
1.5 year left, now they r pretending to work
I doubt those who have money will get anything, nurses and engineers also can afford this country anymore
Worst pm in history
It will cost too much.. we can’t afford food
People are eatable and the government is made of people.
Remember that when the stores empty and we're under martial law for Covid2.0 / forest fires / whatever they say next to take more freedoms and rights away.
we cant afford housing either
@@emreyilmaz2068He's just trying to buy votes and he's driving up the debt in the process.
This program will do nothing but shuffle money from one slush fund to another.
... and more
Yes and bring in more criminals. He also wants to end private home ownership.
says yet another CHILD with a cartoon photo hehe ..its almost all children on the right. Pierre's gonna lose because his base isn't old enough to vote yet. :)
@@stoneneils How come you can only name call? Why not provide facts that counter what this person typed?
@@oberg987654321the libs have nothing left but name calling.
How about. . Idk... stop bringing more people into a country with a housing crisis?????
Does anyone have a way to decrease the growing number of retiring Canadians? Or how do we maintain and grow the economy with no workers? Do you or the party you'll vote for have the answers?
@mikeb5664 there are plenty of eager and willing Canadian workers, problem is companies aren't willing to pay their employees so they outsource to imagrants who are willing to work for table scraps.
Mikeb, lots can't find a job. Old people clogging up both jobs and houses.
Don't need more. Just propaganda
@@mikeb5664 Yes, it's called sound economic and monetary policy. Not a serviced debt economy like we have now. MMT is just an academic term for currency manipulation.
@@mikeb5664 There will ways be a population to work in canada. That's just propaganda to make us accept it. Stop believing the lies
Housing is going through the roof and the other shoe is yet to drop.
They waste money like spendthrifts but can't see that absolutely everything is going up by the minute !
So you are annoyed that they are spending to increase housing development?
Too little, too late…
If you think the world began yesterday and is ending tomororw everything is not good enough. Now, why are all the whiners with little cartoon photos are if they are 7 years old. Do any of you grow up - or are you truly just kids at home with mommy.
@@stoneneils Oh, so you admit the Liberals are responsible for the destroyed economy? Now I hope you know enough not to vote for them again.....
@@stoneneilsno one cares what you think.
@@jiggycalzone8585 You do you would not have replied. And I see why you did..oh boy...its captain pointy earlobe to rescue the federation! I'm sure you have years of political knowledge under your belt. You've gone through the textbooks, for sure! :)
@@stoneneils Check your meds buddy. Read the labels and learn to read.
6 months ago JT was saying the housing was not the responsibility of the federal government.
It's not. It falls under the jurisdiction of the provinces and municipality's. That does not mean that the Federal government cant incentivise investment.
Because it's the provincial and municipal responsibility. But most of them either cried about it or asked for help. And here it is.
We wouldn't have a housing problem if Prances With Rainbows had not brought in a million extra people. Funny how he never wants to care care of who is already here first, but sees no issue making the Canadian Taxpayers pay for the Welfare of those being brought in.
Also Trudeau looking to "free Government land" for building homes sounds like we need to look into how many of his friends are developers.
I totally agree, let's get to doing this.
PP has all the developers, it’s disgusting that 30/40% of MPs own rental property and they control all the strings.
I don't get why you Conservative minded people want Canada to be small and weak. More people means Canada can grow and become more powerful in the future.
Your hate of non-whites turns your understanding of policy into garbage. Canada's is smaller then Polands. Immigration will set Canada up for a stronger future.
@@Steve-mz7np Like the Mayor of Hamilton?
Same tactic of Biden and his crooks down south. They are hoping to buy votes from the immigrants .
Leased land? Just like in China! 😂
Canadian politicians no brainer only print money to keep their jobs . Canada politicians = toilet of China
Justin Trudeau greedy for his rebates on carbon tax . And dragging foreign interference . Shame on Canadian govt for hiding under USA for its survival .
Chinese communist party are more. Brilliant intelligent sensible with common sense then entire canadian. govt and politicians . Canada prints extra more money to cover up uts ignorance and failures
who cares the only land you or any of us will ever own is about 10 foot by 5 foot and 8 feet deep.
It's crazy that people believe the guy that got us into this mess is the guy that's gonna get us out.
He just needs a little more time. 10 years isn't enough but he's got it this time he pinky swears
@@jiggycalzone8585 hahaha
That's manipulation for you.
@@jiggycalzone8585 Beauty!
It's been decades getting us in this mess. Everyone from John turner to Trudeau is responsible and that includes Poilievre's party while he was a part of it. He didn't do anything then and he won't actually do anything now aside from tell you what you want to hear.
fidget freeland bobbing her head up and down with great exaggeration .we are not in kansas anymore folks who are these people?
Demons
Where is this money going to come from the Canadian taxpayer are tap out
Foreign elite investors, for a tax haven.
The foreign investors will out bid anyone on the prices and drive affordable housing prices out of canadians reach displacing them.
That is not how a country's finances work. Canadian tax payers do not pay for programs directly. The program is funded via borrowing then taxes pay the debt. The idea being that the government cant invest in the country and its growth so that it will be easier to pay down that debt far later. There will be far more Canadian tax payers a Generation from now and even more a generation later.
Aren’t we already printing money to pay off our debts from COVID? Isn’t that the reason for our currency inflation? Genuine question.
@@theinnocentraitor Trudeau doubled the debt from what ALL PREVIOUS Prime Ministers COMBINED had accumulated together over a 150 years.......................................
@@theinnocentraitorAbsolutely correct!!
Just in 2023, Castro Jr. let in 2.3 million people. You do the math...
We are going to have the issue that China has next. People buying condos on buildings have not even started just to have the building delayed 5+ years.
Not to mention those buildings are crumbling and falling apart. I heard people there, are living in caves.
@@nikkinagy6845 ya don't get me started on Chinesium
We are decades behind the number of homes and apartments that need to be built. Over 50 years in fact. There's zero chance we could be in that issue for at least another 70 years.
@joer8854 idk maybe in the bigger cities, but this hasn't been a large till issue 2019ish. I remember when min wage in Ontario went up over 30%, life got a lot harder.
This is what desperation from Canada's worst PM looks like
He hasn't "outworsened" Harper.
Or he is just doing his job, while you'd rather see him fail so you can carry on with your crying.
@@mikeb5664 This is what "doing his job" looks like to you? lol
@@TrevorsBench Keep crying. I'm sure you're good at it.
@@mikeb5664 Get a job already
The problem is not having more houses, the problem is that housing in not affordable for the majority of Canadians
And the only way we know how to decrease costs is to increase supply.
The houses will build themselves, the budget will balance itself, the climate... WE GOTTA SAVE IT SO GIVE ME MONEY!
Twitchy Freeland always picking at herself.
This all looks like the Mad Hatter Tea Party.
They all have the Karma Itch.....
Trudeau states they will build 3.9 million homes by 2031. That’s about 7.5 years from now. 3.9 million / 7.5 = 533,333 homes per year. It means 44,444 homes every month. It means 1,461 new homes every day. It means 182 new homes every hour. How likely is this? CMHC states housing starts in 2023 were around 223,000 and 240,000 in 2022. Only in 2021 did starts go over 300,000 (according to Trading Economics). What are the odds the government can double production? Also, by trying to do so, even if they do, this will massively increase demand for building materials and workers. This will drive up the cost of materials, labour, and land. These new houses will be some of the most expensive ever built. No one will be able to afford these houses.
Never before have we had the federal government behind such a large program. No doubt it'll be a challenge. That does not mean you shouldn't try. Otherwise, it's a huge opportunity for anyone in the construction industry or looking to get into it. The prices on construction are always being driven up by labor and material demand. Just like anything else. The great thing about construction is that it's scalable. You can design one structure and build 1000 copies instead of just one. We need the immigration of skilled labor who can help. We know that with increased supply, costs will come down. If you like opportunity, this is it.
Wow, you mean that would create employment too, what a shocker. Yes I am being sarcastic.
They have to, it's not a matter of can they, there's no choice in the matter. It needs to happen, who makes it happen is not relevant. Both parties knew this was an increasingly large problem starting back in the 1960's. Neither did anything about it because it didn't get votes. Now it's a crisis and they have no choice.
LMAO actually another photo op and "plan"
how do I get cast for these gigs standing around as a background performer in a helmet? How much are they paid? 1-800-dial-a-crowd?
😂😂rent-a-bobblehead 😂😂!!
yet none of the simple obvious answers, like cutting the massive red tape costs. Or making banks accountable for predatory lending. He has failed on every metric!
What predatory lending are you talking about?
@mikeb5664 what other loan, has massive penalties if paid off early? the mortgage is the worst loan there is. A straight loan for housing would be light years better.
He brings in more people than we have homes for, people that we don't want here, then uses our money to build them homes. Got it.
All that comment does is show your ignorance to the situation we are in. You found what you wanted to know and failed to understand the problem.
@@joer8854 I'm quite aware of the situation we are in. My Tax bill confirms it.
@@garykleinsteuber4529 that's exactly the problem. We are the second largest landmass on earth with the second smallest population per square km on earth. The only option to manage that is one of two ways. Either increase taxes or raise immigration. The problem with that is the only way to not increase taxes at this point is to wildly increase the volume of both housing and immigration. It's that simple.
@@joer8854 So let's turn our paradise into New Delhi. We can commute on top of freight trains. Yes Canada is expensive to run due to our low population but our tax burden would be drastically reduced if our money wasn't being stolen and laundered by a corrupt government. If you honestly believe that our glorious leader's "plan" will dig us out of the hole he already dug for us then good luck to you.
I know so many house construction workers that havent worked much in month due to interest rate hike. Not much is going up because not many can purchase! And JT brings in 500k new immigrants per yr + 900k students per yr. Its mind blowing
He wants to give them free housing while bankrupting canadians out of their own homes and onto the streets
Ever looked at a graph of how many people retire each year in Canada? And how many full-time jobs do you have?
@mikeb5664 retirees still live in their house what's your point...i know many with three jobs necessary just to pay rent !
@@huggybear3098 My point is retirees do not work. And about 300,000+ every year join that group. WHO is going to do the jobs they retired from? We've had a skilled trades shortage for 20+ years already. We have more people retiring every year than are entering the workforce. What is the solution if not immigration? The governments $10 a day, daycare is also part of the solution, as it gets (usually) women into the workforce.
Otherwise if I was working 3 part-time jobs, I'd be looking at a provincial grant program that would train me with skills so I could get just 1 decent full-time job.
@@mikeb5664 People don't understand, I guess they don't want their CPP when they retire. Can't have it if no ones here to work.
Who is going to invest Money into building a House where You DO NOT own the Land It sits on?
Your government will own the land, and you`ll own nothing.
Freeland looks like she took a little bit too much from Dr. Feel Good ahead of this
Leased land? Thats another housing crisis .
Traitor
How about requiring Justin to live on the street with only a singles welfare income until he actually solves the current housing crisis?
Now that's a great idea 💡👍👏😀👌!!
4million houses in what time frame? How many immigrants will we have let in by the end of it? 4 million is great and all but if its in like 10 or 15 years and we continue letting in as many as we do we dont net anything and likely wont even break even.
We can't stop immigration altogether. It would literally collapse our economy.
Just turn the tap off on immigration and that will solve lot of problems by itself.
🤮🤮🤮
TRUDEAU. Come on we money job
To by house or home
Bot alert
Never use capital letters for the traitorous dictator's name! His head is swelled too much now!!
Can't wait to see the PM and his cabinet out in the provinces pounding nails.... How do politicians (all stripes) continually convince folks they actual 'build' anything? They can encourage a market, or the can hinder a market, they can't build a damned thing.
And in this case they are encouraging the market by offering favorable terms for investment into construction.
Who are the people standing behind him in hard hats? They should be embarrassed and ashamed.
Probably hired actors, look at those shiny helmets, everything is optics with Trudumb, nothing of substance, just more BS!!!
Paid actors 😂
You should be ashamed for shaming hard working, working class people
@@Sepear305🙄 Right, working class people shilling for and being used as props by a trust fund baby who never worked a real day in his life before declaring himself king.
The crisis he created. Hilarious that his Toronto photo op backdrop was a previous shelter for drug addicts & criminals.
Whenever he rolls up his sleeves and loosens his tie, we can see that he's working really, really, really hard!
Somebody should tighten up his tie until he turns 🤪.
invest in a tent company
Honestly. Gen z and gen alpha will be the tent generation
This guy couldn’t build a Doll House and will end up as a corrupt disaster with this government involved
Construction tradesmen that actually build the houses have to drive their pickup trucks to where the houses are going to be built and guess what.. the price of gas is going to make them want a pay raises and the price of construction will go up because of materials going up and who is paying the builders to build...do you really think builders can build you a house dirt cheep and even if they could the houses will probably be government owned and you will pay rent to the government.
The price of construction and just about anything else is always going up. Sometimes faster (high inflation) and sometimes slower (low inflation), but prices have always, and will always go up.
@mikeb5664 And guess what's causing the prices to go up even more? That's right that braindead carbon tax. So guess what that's going to do, it will make those homes being built unaffordable!!!
He makes a lot of announcements but doesn't actually do anything.
How is building more houses helping our housing crisis? How does bringing in more refugees help our already failing economy?
More houses means more people can be housed.
Immigration helps the economy by expanding the market and creating new taxpayers to share the burden of the country's debts.
This is like basic economics.
Look at a chart of how many Canadians retire every year. I assume you and everyone else in the comment section can only hold down 1 full-time job and not 2 or 3. So without immigration the economy will only get worse. No homes will get built, and without increased housing supply costs will remain high.
@@mikeb5664 yes immigration the right way. Not thousands of refugees coming here and using the system
The immigrants are being brought in on the condition that they vote liberal.
Really Hmmm I don't believe you I know its a 15 minute city aha
Yeah and we do not want those, so we better do something about it asap
@@nikkinagy6845 You do not even know what a 15 minute city is. You think it is some conspiracy to put you in camps (Like your country did to the Indians) when in fact it is just a way of designing city's that allows for more economic travel. Where all the goods and services you need are nearby instead of kilometres away.
Do you believe in climate or vaccine science?
@@KILLCOLONIALISMNo it's to stack and pack you in with zero ability to move around. I would know, I build them!!!
@@KILLCOLONIALISM bro dont try to explain it to them, they are not gonna listen. How can they understand walkable cities?
Good to see he has solutions....FOR PROBLEMS HE CREATED!!!!
All that housing, and absolutely none of it for Canadians. Thanks, traitor...
Print more money, raise inflation, raise interest rates. Raise the cost of life.. next they say, give us everything and we'll feed and house you. Communism 101. ask any north Korean.
This has got to stop.
I hope you get an actual economic doc involved…
this is do FUNNY... i live in winnipeg from $ 760 rent... new owner made a renovation.... now our rent is $ 1075
Moronto $1075 doesn’t even get you a roach filled closet…..
@cestmoi7368 This is true. More buildings are going up in Calgary as well. Who is going to afford this?
It sounds reasonable when you look at what others are paying.
In BC you might get a room plus utilities for $1000
Housing on leased land? That sounds like it will go well
Let’s build more multi-unit housing with tax payer money, so the rich can purchase these buildings and rent them out to those that are struggling, at a ridiculous cost. You’ll own nothing and be happy.
MPs holding rental property should be banned, check out Marty Morantz conservative MP from Manitoba, over 20 properties not all single family homes either, disgusting, the same people suppose to fix the problem benefit from it, PP is a landlord as well.
Dont bad mouth Capitalism or you will be called a pinko commie. Those landlords have the right to purchase all the housing so you cant afford to buy a house and have to rent your whole life and pay someone for the privilege of shelter.
sarcasm can be fun
8 years and no results. Absolute liar and just deflecting. Go Pierre
Where is money come from ???
Only the Canadian elites and foreign diplomat elites who have multi millions will invest for a high ROI and a monopoly in government jobs and displace canadians.
Our great grandchildrens pockets.
Planning to build millions of homes, just like he promised to plant millions of trees (back in 2016). He is obviously on another 'Promise Everthing, Deliver Nothing' tour.
Dont buy it people get this guy out!!!
"We will build the biggest bug zapper youve ever seen!"
"What about disposing the stagnant water?"
"NO ONLY BUG ZAPPERS. FREEZE THIS MANS BANK ACCOUNT. DO WE TOLERATE THESE PEOPLE??"
FJT
How much more money is gonna be laundered to his buddies in this scheme?
You mean like every politician in history including Poilievre? I would rather have the guy in who isn't good at it and get's caught.
@@joer8854 Well, that's great logic.
1335 homes per day. This guy is more than just high on crack
Hmm, just when he was investigated for Chinese Interference.. interesting.. another distraction from the truth
Poilievre's party was involved in tons of scandals to when they were in including torture. What's the difference.
..and if you believe a word of what he says I have a bridge to sell.
And CHCH parroting whatever that thing says 😂😂😂😂
What is about, helping landlords?
What's that supposed to mean ? Landlords are just people who bought houses.
It's no easier for them. Give your head a shake.
@@helenachase5627 Just people who invest in capital to exploit the labor of those without.
@@helenachase5627landlords are the ones jacking up the rent!
you think landlords are the ones that need help right now?
Cool! So now there are gonna be more homes going for $2000+/month that me and my family cant afford. We canadians have had enough of his lies, enough of his question dodging and his elaborate $30,000 vacations on our tax dollers. Justin should be in prison for treason...but we all know he wont
nobody cares what he has to say anymore.
You've destroyed Canada, I thought Harper was bad 😂
The most comprehensive housing plan ever- Trudeau obviously didn’t get pictures with the plan, hard for him to understand.
Same promise 8 years ago. He just recycle all his promises and he steals them from Pierre’s platform.
Too little too late. Let’s have an election
Just got notified that my rent is going up 33% in 3 months ... cant wait.
so like, how can the government just skip the middleman, the landlord, and just rent land to the people? can someone draft something up? cool. of course we'll call it a housing plan.
Ahhhhhh look how miserable the faces are on all those youth with hard hats on. The eyes never lie. These young folks are terrified on how to manage through the next 40-60 years.
Loans? LOL I want a loan like the Ukraine is getting. You never have to pay it back.
Ukraine is paying it back with their trillions of dollars in oil reserves that are now owned by Western investors. That is why the western bloc overthrew the pro-Russian Ukrainian government in the first place and installed their puppet Zelenskyy.
I’m outside Toronto , there are houses being bought for a million plus and sit empty, who can afford that?
I think it’s disgusting that 30/40% of MPs hold rental property, they are not going to fix anything when they are benefitting from this crisis.
Pollievere is a landlord who owns multiple properties, so he won't be fixing it, because that would lower his profit.
FJT!
Lol. It's not going to help you Justin 😂. You had your time to keep the economy afloat and you failed.
What a joke
I thought he was going to announce his leave as premier of Canada!
imagine the carbon foot print that such a massive construction project will have on the environment and climate change. shame, shame, shame. complete disregard for the planet on their part. and for what, not like anyone in that country is able to afford to buy a home anyways.
Everyone who is building the green homes that capture rain and sun will have high paying jobs and would love to buy a home I'm sure.
If trudeau is worried about carbon footprints 👣, why bring in more of the same problem 🤔?
Predictable Bad > Unpredictabe Good
Most people think this way!
Just the delusional fringe minority who voted for him.
Congratulations on building homes in the Province And Territories and Municipalities across Canada 🇨🇦
houses gonna be 1x1x1 for 30k
matchsticks!!
How about UBI and see how many people use the opportunity to start small businesses and get our economy back on the right track?
Better start building now with that quota instead of looking all fancy with your new Canadians and 16 year old girls behind you.
" You guys miss heard me. I said 3.9 million DOLLAR homes"
- Emperor Justin , 2031.
all talk no action
The action there is is horrid and destructive
Housing is not a federal responsibility- Trudeau 2023
oh great more debt ...more interest charges.........more taxes...
Canadians don't just want Trudeau gone, we want him held accountable for what he has done to this country. All Liberal NDP members. Not just a slap on the wrist either. Bank accounts seized, Pensions frozen and jail time. Enough is enough. It's time for Canadians to get their justice
I totally agree with you, and asap. Not now, but right now.
No.
Trudeau: Im gonna fix the problem i created with your money!!
1:27, ... Long term leases?
Too late. The houses are too few and 2031 is too far away. Also, what new taxes will this bring and can we count on money's being managed properly?
SCAM!
in eight years nothing he gives money to happens so after arrivecan who’s imbezzling our money because hardly any homes got built we’re did our funding go?
The traitorous dictator's pockets and bank account.
Your country’s tapped out good luck.
the man made it a point to have the most multicultural background for his press loll
spare us your bs talk and argument please jt
He lies , so why bother reporting? Not costed LMAO, such bs from jt
What a joke! This would have been amazing 10 years agao! Pierre starts talking about the housing problem and all the sudden Trudeau realizes there's actually a problem. ... Not to mention that im sure this will raise our taxes even more.
The gov't should have focus more and prioritize on us not keep giving money to help other countries. Trudeau needs to think of more realistic and how to benefit our people before helping others. Why don't he stop what Freeland is doing, keep giving out money? Why is he adding more burden to our should with the carbon tax? Why is food are so expensive now? The inflation is not justify with what we are currently earning.
Just like now side track people on the current budget with the Chinese Gov't interference issue. Spending time and money on other issue but not helping our people. No idea why we still have him as our PM.