US EditionNew Democrats promise to get more homes built by using Crown land
- The NDP plans to build over 100,000 rent-controlled homes by 2035 using suitable federal Crown land, as announced by Leader Jagmeet Singh in Montreal on March 24.
- The NDP will redesign and double the Public Land Acquisition Fund to acquire more land for rent-controlled homes, with a budget of $1 billion over five years.
- The Conservative Party of Canada announced it would eliminate GST on new homes under $1.3 million, potentially saving buyers up to $65,000, according to Leader Pierre Poilievre.
- Liberal Leader Mark Carney stated his government would eliminate GST for first-time homebuyers on homes under $1 million, offering savings of up to $50,000.
34 Articles
34 Articles
Government To Support Greenfield Housing
The government’s National Infrastructure Funding and Financing Agency (NIFFCo) has been developing a pipeline of potential important greenfield projects, and the initial transactions are expected to be drawn from this pipeline.
NDP Promises to Construct Affordable Housing on Crown Land
NDP Leader Jagmeet Singh is promising to increase housing supply by freeing up Crown land for rent-controlled units. An NDP government would use suitable federal land to develop more than 100,000 rent-controlled homes within the next decade, Singh said during a March 24 campaign stop in Montreal. He also pledged $1 billion over the next five years to secure additional public land for the development of rent-controlled housing. “When we see fed…
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