this post was submitted on 13 Feb 2024
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This is the best summary I could come up with:
Fraser told a news conference that the deals are worth $176 million and will help build more than 50,000 housing units over the next decade.
Ottawa has been signing agreements directly with municipalities through its housing accelerator fund, which offers money in exchange for changes to bylaws and regulations that would support more homebuilding.
The Liberal government has pitched the fund as a key pillar of its economic plan as it faces political pressure to address the country's housing crisis.
Fraser said on top of the deals for smaller communities, the federal government has reached 36 agreements to date that will help construct more than 500,000 housing units over the next decade.
Tuesday's announcement came during Finance Minister Chrystia Freeland's weekly news conference on the Liberals' economic agenda.
The weekly update was brought in during the fall as part of the Liberals' push to sell its own policies to Canadians at a time when support for the party is tanking.
The original article contains 341 words, the summary contains 160 words. Saved 53%. I'm a bot and I'm open source!