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Decentralized Democracy

House Hansard - 313

44th Parl. 1st Sess.
May 10, 2024 10:00AM
Context: House Hansard - 313 - May/10/24
Hon. Sean Fraser (Minister of Housing, Infrastructure and Communities, Lib.)
  • May/10/24 11:29:01 a.m.
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Madam Speaker, I would point to the recent federal budget, in which we announced that we would not only be taking measures to prevent corporate landowners from buying up single-family homes but also advancing measures to protect renters and bring down the cost of rent by adding more supply. We are moving forward with programs that introduce low-cost financing for more rental construction. We have new subsidies for affordable housing and co-operative housing, as well as an acquisition for non-profits that can take affordable homes and keep them affordable in perpetuity. In addition, we are moving forward with the renters' bill of rights and a series of other measures that are designed to protect the interest of renters for whom the cost of living has simply become too high.
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