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Trudeau unveils $6B housing fund — with strings attached (www.nelsonstar.com)

submitted 7 months ago by grte@lemmy.ca to c/canadapolitics@lemmy.ca

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[–] sbv@sh.itjust.works 6 points 7 months ago (1 children)

From the article, the $6B housing fund won't directly build housing, it's a carrot to encourage provinces and municipalities to loosen their housing restrictions. Other bodies will have to finance the construction.

For a moment I thought we were getting back to the good ol' days when governments built (affordable) housing. Despite the headline, that is not what this fund is about.

[–] grte@lemmy.ca 2 points 7 months ago (1 children)

Unfortunately the Liberals are pretty all in on the P3 model of doing things. We'd need either a (leftward) change of government or an ideological shift within the Liberal party to get that kind of direct involvement, I think.

[–] sbv@sh.itjust.works 1 points 7 months ago (1 children)

Yeah. The free market has had thirty years to save us, and it hasn't. You'd think they'd switch strategy at some point.

[–] psvrh@lemmy.ca 1 points 7 months ago

The free market is saving the bank accounts of the donor class.

So it's working by design.