The Big Story
Election 2025: The Housing Crisis
Apr 14, 2025
Tim Richter, CEO of the Canadian Alliance to End Homelessness, sheds light on Canada's urgent housing crisis. He discusses the ambitious promises of federal parties but questions if they're sufficient to truly address affordability. The conversation delves into the impact of foreign investment on housing prices and highlights the pressing need for government intervention. Richter advocates for a national housing accord and an innovative approach to the construction workforce to meet rising demands in housing availability. It's a critical call for action as elections approach.
23:39
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Quick takeaways
- Housing affordability in Canada is a pressing issue for younger generations, often prioritized over other economic threats like the trade war.
- Achieving effective housing solutions requires collaboration among federal, provincial, and municipal governments to overcome systemic challenges and meet ambitious targets.
Deep dives
The Housing Crisis and Election Implications
Housing affordability in Canada has become a critical issue, particularly for younger generations. In recent polling, many Canadians under 40 identified the challenge of home ownership as more pressing than other economic threats, such as the trade war with the United States. With homelessness on the rise, campaign leaders emphasize the need to keep housing policy at the forefront of national discussions, especially during the federal election. The Canadian Alliance to End Homelessness launched a new campaign to draw attention to housing platforms and ensure they remain a priority in government agendas.
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