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Trudeau says new housing-based long-term infrastructure plan coming this fall

NDP Leader Jagmeet Singh says he’ll introduce legislation to ban some for-profit housing

Prime Minister Justin Trudeau told Canada’s mayors Friday that his government will roll out a new long-term infrastructure plan in the fall to boost the stock of affordable housing across the country.

Speaking to the Federation of Canadian Municipalities’ Big City Mayors Conference in Toronto, Trudeau said he’d save the details of the plan for the autumn but promised it “will have very direct links to housing.”

In February of 2021, Trudeau announced the federal government would spend nearly $15 billion over eight years on public transportation projects. On Friday, he said the incentives behind the infrastructure plan will be similar to those in the transit plan.

“Access to full funding will rely on you coming to the table with concrete and ambitious commitments on how you’re going to build more housing to go with more transit,” he said.

“This means that, just like the Housing Accelerator Fund, the more ambitious your housing targets, the more generous we’ll be able to be in partnering with you.” … [Continue Reading]