The federal Liberal Government has unveiled its budget for 2018-19, and housing is one of many investments included.
Paul Kershaw with Generation Squeeze said $1 billion dollars annually towards a national housing strategy is disappointing.
Even if $40 billion over 10 years was promised last year.
Four-hundred-and-forty-seven million dollars of that $1 billion invested will go towards support for new rental construction.
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Kershaw said it’s disappointing.
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“That is being spread out across the entire country. We’re seeing markedly higher investments made by the provincial government in B.C. alone, which represents just about 13 per cent of the population. So you would want to see many times more of an investment at a national level.”
The federal budget comes with a $18.1 billion dollar deficit, and includes initiatives for gender equality, new parental supports, and anti-harassment.
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