Decade of Efforts A Timeline of the Liberals Struggles to Tackle Canada Housing Crisis
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The article "A Timeline Of The Liberals' Attempts To Fix Canada's Housing Crisis" from Storeys provides a detailed chronology of the federal government's initiatives to address Canada's escalating housing affordability issues over the past decade. Beginning with the Liberal Party's victory in the 2015 federal election, the timeline highlights key milestones such as the introduction of the National Housing Strategy in November 2017, which committed $40 billion to increase housing supply, repair existing units, and reduce chronic homelessness by 50% .
Despite these efforts, the article notes that housing affordability continued to decline, with significant price increases in major cities like Vancouver and Toronto. In response, the government launched the Housing Accelerator Fund in May 2023, a $4 billion initiative aimed at encouraging municipalities to implement pro-housing policies and expedite the construction of "missing-middle" housing types such as duplexes and triplexes . However, the effectiveness of these programs remains a topic of debate, as critics argue that they may not be sufficient to counteract the broader market dynamics driving housing unaffordability.
The article concludes by emphasizing that, as the 2025 federal election approaches, housing affordability remains a central issue for voters. The Liberal government's decade-long tenure has seen multiple initiatives aimed at alleviating the housing crisis, yet the persistent challenges suggest that more comprehensive or innovative solutions may be necessary to achieve meaningful progress in making housing more accessible for Canadians.
Read the full article on: STOREYS
