Voice of Commonwealth

Minister says housing should not be for passive foreign investment

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(CU)_Canada is currently grappling with a national housing crisis, has growing demand amid the COVID-19 pandemic has sprawled beyond big cities, leaving smaller centres unable to keep up with supply. Ahead of the 2021 federal election which was held in September, Prime Minister Justin Trudeau promised several new measures to improve housing affordability in the country, including a two-year ban on foreign home buyers and 1.4 million new or refurbished homes over a period of four years, if he is re-elected for a third term.

This plan for…

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