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Freeland vows more action on housing if needed. What have the feds done so far?

The federal government is prepared to take “additional action if necessary” to help with housing affordability, Finance Minister Chrystia Freeland said on Friday.

“Our government is absolutely focused on housing affordability, on ensuring that Canadians — the Canadians who want to buy a house — are able to buy one, and on ensuring the Canadians who rent are able to find a good, decent place to live,” Freeland told reporters in Nova Scotia.

“This is a market where conditions are changing and we are watching the situation very very closely, and prepared to take additional action if necessary.”

Her comment comes months after the Liberal government promised to spend more than $10 billion over the next five years on housing affordability — but affordable housing remains out of reach for many. …[Read More]