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Housing minister says federal government should have stayed in housing game

BURNABY, B.C. – Housing Minister Sean Fraser says the federal government should have never got out of the housing business even as high-income professionals are struggling to find affordable housing.

“For the better part of the last half century, federal governments of different partisan stripes, by the way, liberal and conservatives, have stepped away from forwarding affordable housing in this country,” he said. “That should never have happened, but it did.”

Fraser said now much of the country is dealing with a housing crunch that has no easy fixes.

He told media in Vancouver that past federal governments were mostly preoccupied with providing subsidized housing to low-income people, but there’s been a fundamental shift as working professionals struggle to afford a home.

“This is an absolutely incredible part of Canada, but it is dealing with an extraordinary problem,” Fraser said. …[Continue Reading]