Feds promise to build more homes on public land as fall mini-budget looms
As the federal government faces mounting pressure to address a national housing crisis, it announced on Tuesday that it would build more than 2,800 homes on its properties in cities across the country.
The latest announcement, which also comes as Liberals face a major dip in the polls, puts the government on track to build about 29,200 homes on public lands by 2029.
Procurement Minister Jean-Yves Duclos said Tuesday that the Canada Lands Co., a Crown corporation,is setting a new target to include at least 20 per cent affordable housing across its projects.
"This will mean around 5,300 affordable homes in the next five years, which is twice as many as in the last 30 years," Duclos said at a news conference in Ottawa.
"This is a significant acceleration of providing affordable homes to Canadians but we think -- and we know -- there is more we can do."
Duclos said that the Crown corporation, through agreements with developers, will be unlocking 2,800 additional units by March 2024 in Calgary, Edmonton, Ottawa and St. John's. A minimum of 300 of the units will be set aside for affordable housing.
Asked whether the federal government will sell off these properties or keep them on its books, Duclos said a mix of strategies may be used.
Tuesday'sannouncement is the latest effort by the federal government to address the national housing crisis by boosting housing supply in the country.
Mike Moffatt, the senior director of policy and innovation at the Smart Prosperity Institute, said the federal government has taken bolder action on housing over the last few months.
But while getting more homes built on federal lands is a good step, the number of units that will be built pales in comparison to what's needed to address the shortage, he said.
The Canada Mortgage and Housing Corp. estimates the country needs to build 3.5 million homes -- above the projected pace of building -- by 2030 to restore affordability.
"A few thousand here and there, while they certainly help, are just a very small move in the right direction," Moffatt said.
The federal Liberals' attempt to get ahead on the housing file comes as the government faces attacks from opposition parties over the affordability crisis.
Conservatives have seen their support in polling surge since the summer as the party's leader, Pierre Poilievre, pins the blame for the housing crisis on Prime Minister Justin Trudeau.
Among Poilievre's proposed solutions to the crisis is selling off 15 per cent of federal buildings and lands for housing development.
The NDP has also criticized the federal government for its handling of housing policy, calling for more targeted investments in affordable housing, in particular.
Finance Minister Chrystia Freeland, who was present at the news conference, said this announcement "is just the beginning of a much more aggressive approach to using federal lands."
Housing experts have been calling on the federal government to leverage its real-estate portfolio to get more homes built, particularly ones that would be affordable for lower-income Canadians.
Freeland is expected to present a fall economic statement in the coming weeks, and has promised that the mini-budget would focus on housing and affordability.
One of the political challenges facing the federal government is that any new measures aimed at boosting the housing supply will take time to show results.
That means even if the Liberals introduce the right policies to speed up construction, Canadians may not see the benefits by the time there's another federal election.
Faced with this challenge, Moffatt said the Liberals may want to look at other policies to help with the affordability crisis at hand.
"I do think there's room to look at areas like rent supplements, like looking at increases in GST cheques, and those kinds of things, to make sure that people can afford to pay the rent," Moffatt said.
"You do need a suite of policies to recognize that we're not going to fix the supply crisis overnight and people are struggling today."
This report by The Canadian Press was first published Nov. 7, 2023.
Correction
A previous version provided the incorrect name for the Canada Lands Co.
IN DEPTH
Jagmeet Singh pulls NDP out of deal with Trudeau Liberals, takes aim at Poilievre Conservatives
NDP Leader Jagmeet Singh has pulled his party out of the supply-and-confidence agreement that had been helping keep Prime Minister Justin Trudeau's minority Liberals in power.
'Not the result we wanted': Trudeau responds after surprise Conservative byelection win in Liberal stronghold
Conservative candidate Don Stewart winning the closely-watched Toronto-St. Paul's federal byelection, and delivering a stunning upset to Justin Trudeau's candidate Leslie Church in the long-time Liberal riding, has sent political shockwaves through both parties.
'We will go with the majority': Liberals slammed by opposition over proposal to delay next election
The federal Liberal government learned Friday it might have to retreat on a proposal within its electoral reform legislation to delay the next vote by one week, after all opposition parties came out to say they can't support it.
Budget 2024 prioritizes housing while taxing highest earners, deficit projected at $39.8B
In an effort to level the playing field for young people, in the 2024 federal budget, the government is targeting Canada's highest earners with new taxes in order to help offset billions in new spending to enhance the country's housing supply and social supports.
'One of the greatest': Former prime minister Brian Mulroney commemorated at state funeral
Prominent Canadians, political leaders, and family members remembered former prime minister and Progressive Conservative titan Brian Mulroney as an ambitious and compassionate nation-builder at his state funeral on Saturday.
Opinion
opinion Don Martin: Gusher of Liberal spending won't put out the fire in this dumpster
A Hail Mary rehash of the greatest hits from the Trudeau government’s three-week travelling pony-show, the 2024 federal budget takes aim at reversing the party’s popularity plunge in the under-40 set, writes political columnist Don Martin. But will it work before the next election?
opinion Don Martin: The doctor Trudeau dumped has a prescription for better health care
Political columnist Don Martin sat down with former federal health minister Jane Philpott, who's on a crusade to help fix Canada's broken health care system, and who declined to take any shots at the prime minister who dumped her from caucus.
opinion Don Martin: Trudeau's seeking shelter from the housing storm he helped create
While Justin Trudeau's recent housing announcements are generally drawing praise from experts, political columnist Don Martin argues there shouldn’t be any standing ovations for a prime minister who helped caused the problem in the first place.
opinion Don Martin: Poilievre has the field to himself as he races across the country to big crowds
It came to pass on Thursday evening that the confidentially predictable failure of the Official Opposition non-confidence motion went down with 204 Liberal, BQ and NDP nays to 116 Conservative yeas. But forcing Canada into a federal election campaign was never the point.
opinion Don Martin: How a beer break may have doomed the carbon tax hike
When the Liberal government chopped a planned beer excise tax hike to two per cent from 4.5 per cent and froze future increases until after the next election, says political columnist Don Martin, it almost guaranteed a similar carbon tax move in the offing.
CTVNews.ca Top Stories
Boy abducted from California in 1951 at age 6 found alive on East Coast more than 70 years later
Luis Armando Albino was six years old in 1951 when he was abducted while playing at an Oakland, Calif., park. Now, more than seven decades later, Albino has been found thanks to help from an online ancestry test, old photos and newspaper clippings.
Justin Trudeau to be guest on 'The Late Show with Stephen Colbert' during New York visit
The prime minister's official itinerary says the interview will be shot during his trip to New York, where he is meeting with other world leaders ahead of the 78th gathering of the United Nations General Assembly.
An Edmonton man says he was in the wrong place at the wrong time when he was injured by members of the Edmonton Police Service last year.
Trudeau tells world leaders they 'have a responsibility' at UN Summit of the Future
Prime Minister Justin Trudeau told delegates at the United Nations the world is at a global inflection point, having a choice between walking away from multilateralism or setting differences aside to confront serious global challenges.
The brother of a 27-year-old man who was fatally shot in Scarborough over the weekend has been arrested and charged in connection with his death, say police.
Kate, the Princess of Wales, makes first public appearance after cancer treatment
Kate, the Princess of Wales, made her first public appearance Sunday since she announced she had completed chemotherapy and would return to some public duties.
John Mulaney and Olivia Munn have second child, a daughter named Mei
Comedian John Mulaney and actor Olivia Munn now have a second child, a daughter named Mei June Mulaney.
Air Canada union head says she'll resign if pilots reject deal
The head of the Air Canada pilots union says she'll step down if members opt not to approve a tentative deal with the airline, raising the stakes as aviators mull whether to accept hefty salary gains or drive an even harder bargain.
The Royal Canadian Mint has introduced its latest Gold Maple Leaf bullion coin – made entirely from gold sourced from a single mine in northern Ontario
Local Spotlight
Cole Haas is more than just an avid fan of the F.W. Johnson Wildcats football team. He's a fixture on the sidelines, a source of encouragement, and a beloved member of the team.
Getting a photograph of a rainbow? Common. Getting a photo of a lightning strike? Rare. Getting a photo of both at the same time? Extremely rare, but it happened to a Manitoba photographer this week.
An anonymous business owner paid off the mortgage for a New Brunswick not-for-profit.
They say a dog is a man’s best friend. In the case of Darren Cropper, from Bonfield, Ont., his three-year-old Siberian husky and golden retriever mix named Bear literally saved his life.
A growing group of brides and wedding photographers from across the province say they have been taken for tens of thousands of dollars by a Barrie, Ont. wedding photographer.
Paleontologists from the Royal B.C. Museum have uncovered "a trove of extraordinary fossils" high in the mountains of northern B.C., the museum announced Thursday.
The search for a missing ancient 28-year-old chocolate donkey ended with a tragic discovery Wednesday.
The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.
It's been a whirlwind of joyful events for a northern Ontario couple who just welcomed a baby into their family and won the $70 million Lotto Max jackpot last month.