Posts Tagged ‘housing’

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International Monetary Fund paints a rosy picture of Canada — maybe the country isn’t broken after all

Monday, June 17th, 2024

The IMF says Ottawa should seek additional revenue sources to reduce its reliance on deficit financing. It suggests raising the federal portion of the GST, as this space earlier advocated in also calling for a higher OAS eligibility age of 67… removing interprovincial trade barriers would boost the Canadian economy by about $80 billion a year… The IMF urges Canada to resume provision of social housing, a field Ottawa abandoned in the 1990s with disastrous consequences.

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Doug Ford has bungled affordable housing and now Ottawa is rubbing his nose in it

Tuesday, May 14th, 2024

The federal government now says it will send funding directly to municipalities, cutting Ontario out of the equation entirely… Why can the two levels of government come together to build subsidized factories, but not subsidized housing? … Ultimately, the friction over funding may have less to do with personalities than priorities. In Ford’s Ontario, unaffordable factories count for more than affordable housing.

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Debunking myths about community housing: What governments and the public should know

Thursday, May 9th, 2024

Canada’s Housing Plan… includes noteworthy new funding programs and policies to preserve and expand community housing, including social, non-profit and co-operative housing… Canada’s ongoing housing crisis extends beyond affordability and supply challenges. It also involves homelessness, risks to tenancy, shortage of accessible units, financialization and the lack of culturally adequate housing. Community housing is poised to effectively tackle these insidious problems in ways the market cannot.

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Liberal budget hits a home run on housing, but plays small ball on care economy

Wednesday, April 17th, 2024

Here are three ways federal small ball could deliver big results without big spends in the coming months: Child care Workforce Deals… with a focus on workforce attraction and retention… tracking trends in the investments occurring in our long-term care, child care and health-care sectors… examining ways of putting new guardrails on public funding… Care services such as child care, long-term care, medical or dental community clinics can be a built-in feature of new housing and infrastructure developments.

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Federal government goes big on housing—is it enough?

Wednesday, April 17th, 2024

2024 federal budget makes biggest investments in housing, care economy in generations with its second-to-last budget before an election… “This government has done more for housing than previous, more recent federal governments…” it will impose a higher tax on capital gains above $250,000 a year… “While the pharmacare program is still quite limited in scope… Combined with dental care, the confidence and supply agreement has driven major changes in the health care landscape in a very short period of time.”

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Protecting public health care from private investors

Wednesday, April 10th, 2024

In Canada, a single private equity firm already owns the largest national network of independent surgical centres — 53 operating rooms spread across 14 centres — in Quebec, Ontario, Manitoba, Saskatchewan, Alberta, and B.C… Approximately 90 per cent are publicly funded through partnerships with provincial health systems… Should profit-driven investors own health care facilities?

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Seniors’ Care Surge will require Smart Policies

Tuesday, April 9th, 2024

Among the key recommendations: (i) provinces should invest in public home and community care while also considering mechanisms to expand the private provision of these services; (ii) Ontario and other provinces should consider providing a refundable tax credit for senior renters to access retirement homes and supportive services and; (iii) current capacity and fiscal constraints mean that expanding both publicly and privately funded options will be necessary. 

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Democracy Is Under Siege Globally. Canada Is Being Tested

Monday, April 8th, 2024

Finkelstein preached that you didn’t need a vision to win in politics, just good polling that revealed what people were against. Once that was established, the goal became tying the unpopular thing — immigration, carbon tax, inflation — to a flesh and blood political “enemy.” … The idea was to avoid talking about your own positions and policies, the better to demonize your opponent. The objective was not to sell yourself but rather to destroy your opponent…  repeating simplistic slogans… “Axe the tax.” “Not worth the price.” “Everything is broken.” 

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To solve the housing crisis, we must get government building housing again

Saturday, April 6th, 2024

Following the end of the Second World War, the federal government built or funded hundreds of thousands of nonmarket homes. But in the 1980s and 1990s, Conservative and Liberal governments pulled back… Nonmarket housing is not something that we should pursue instead of an increase in private sector construction… But the private sector alone — even freed of zoning — can’t provide relief to Canadians crying out for help… We need the government to get back into building housing.

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Justin Trudeau offers provinces billions of dollars for housing — but with strings attached

Tuesday, April 2nd, 2024

… $5 billion — will be tied to provinces promising to meet certain conditions, among them to allow multiplex townhouses and multi-unit apartments…. “It’s off the table for us,” Ford said last month. “We’re going to build homes, single-dwelling homes, townhomes, that’s what we’re focused on.” … The remaining $1 billion of the $6-billion infusion for housing infrastructure is to be directed to municipalities to address “urgent” infrastructure needs that directly create new housing

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