9 Years, Little Change Trudeau's Housing Agenda Falls Short, Costs Soar
Episode Stats
Words per Minute
190.20619
Summary
The Prime Minister promised in his budget that he would double home building. Here we are, two years later, and home building is down 8%. His housing agency says it will be down next year and the year after that. If it cost him $89B in programs to bring home building down, how much would he have to spend to bring it up?
Transcript
00:00:00.000
After having doubled the rent, doubled mortgage payments, and doubled the needed down payment for a home,
00:00:07.520
the Prime Minister promised in his budget that he would double home building.
00:00:13.060
Here we are, two years later, and home building is down 8%.
00:00:18.940
His housing agency says it will be down next year and the year after that.
00:00:23.320
If it cost him $89 billion in programs to bring home building down, how much would he have to spend to bring it up?
00:00:33.100
We will be reviving the dream of home ownership for young Canadians by making it easier to save up tax-free for a down payment
00:00:41.800
and giving renters credit for their monthly rent payments towards the ability to get a mortgage.
00:00:47.600
We have put forward the most comprehensive, ambitious housing plan this country has ever seen.
00:00:55.860
Since he made the most recent promise in 2022 to double housing construction, the number of builds is actually down
00:01:05.100
and expected to continue to drop next year and the year after that, according to his own housing agency.
00:01:15.660
Yet, he says we should all be assured because, once again, he is spending tens of billions of dollars on the problem that he created.
00:01:23.700
So, can you tell us, in what year will home building actually rise?
00:01:38.400
That will be a thousand of your homes in America
00:01:39.440
and you will see your homes on thevers, and you'll and be more Dedicated.