I'm cautiously optimistic. I'm just hoping these housing projects will be targeted towards high cost of living areas and not just where it's easy. We don't just want a new megacity in northern Manitoba that would sit empty while technically fulfilling the promise.
I mean, I kind of do as long as they can make it correct and there are jobs.
Canada needs more major cities. We keep expanding Vancouver, Toronto, Calgary, Montreal, etc. but why not expand smaller cities? Attract business there and then instead of five cities with 3 million people we can have 15 cities with 1 million people.
Gives people more choice on where to live if they want a populated area with services, allows for more eco friendly development and less land intensive building, etc.
Crown corps went somewhere?
Certainly they aren't in the public imagination anymore. Indeed, I haven't heard a single news person or even the original policy brief mention them. More than anything else, I wanted to revive the term among my readers.
A lot of them were privitized by shitty governments of the past
Are they meant to “go somewhere”?
I thought they were meant to be sold off to the private sector for short term gain
Very funny
CMHC: am I a joke to you?
I don’t mind creating a new crown corp with is own mandate, sometimes splitting or merging orgs can be more chaotic than building a second one.
But I would have assumed the CMHC do this work
I don't really care which government body builds new housing, so long as it gets built, but I'm pretty sure affordable housing is CMHC's mandate. 🤷♂️
Huh?
Canada Mortgage and Housing Corporation (CMHC; French: Société canadienne d'hypothèques et de logement, SCHL) is Canada's federal crown corporation responsible for administering the National Housing Act, with the mandate to improve housing by living conditions in the country.
Originally established after World War II to help returning war veterans find housing, it has since seen its mandate expand to the mandate of improving access to housing overall.
https://en.wikipedia.org/wiki/Canada_Mortgage_and_Housing_Corporation?wprov=sfla1
Let me guess, suffered insane cuts under Harper and then never got a boost after?
The Wikipedia article doesn't mention that. They administer most (all?) of the hOuSiNg AfFoRdAbIliTy programs announced by the feds over the past 20 years, so I think they're doing fine financially.
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