Canadian gov't announces plan to solve national housing crisis


By Lin Wei
  • World
  • Saturday, 13 Apr 2024

OTTAWA, April 12 (Xinhua) -- The Canadian federal government on Friday announced its vision and plan to solve the national housing crisis.

According to a news release issued by the prime minister's office, the plan lays out a bold strategy to unlock 3.87 million new homes by 2031, which includes a minimum of 2 million net new homes, on top of the Canada Mortgage and Housing Corporation's forecast of 1.87 million being built anyway by 2031.

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