Cabinet ministers leave retreat without new plans to address housing crisis
OTTAWA — The federal Liberal cabinet is wrapping up a three-day retreat in Charlottetown today promising concrete action on housing but without any specific new initiatives on the table.
Prime Minister Justin Trudeau says the housing challenge “has been decades” in the making and promises the government is focused on “getting more housing built.”
But the ministers will depart Charlottetown later today with no new announcements or even a commitment to follow through on advice given to them by housing experts during their sessions Tuesday.
Housing affordability has become a critical issue for Canadians in recent months with a perfect storm of rising interest rates, soaring rents and population growth outstripping the available housing supply.