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Housing & Homelessness

Housing Supply platforms

Here's what the 2021 Canadian election parties are promising.

Liberal

  • Build an additional 250,000 over the next 4 years.
  • Invest $4B in a new Housing Accelerator Fund, which will provide application-based funding for municipalities.
  • Invest in e-permitting technology.
  • Permanently increase funding to the National Housing Co-investment fund by $2.7B over 4 years, for more affordable housing.
  • Commit $600M to support converting empty office & retail space into housing.

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Our plan will build or revitalize an additional 250,000 homes over 4 years. On top of the 285,000 homes currently being built each year, this will mean nearly 1.4 million homes will be built, preserved, or revitalized by 2025-26 under a re-elected Liberal government.

Forward. For Everyone., retrieved 2021-09-02

Invest $4 billion in a new Housing Accelerator Fund which will grow the annual housing supply in the country’s largest cities every year, creating a target of 100,000 new middle class homes by 2024-25. This application-based fund will offer support to municipalities that: grow housing supply faster than their historical average; increase densification; speed-up approval times; tackle NIMBYism and establish inclusionary zoning bylaws; and encourage public transit-oriented development. This fund will support a wide range of eligible municipal investments, including red tape reduction efforts, and reward cities and communities that build more homes, faster.

Help speed up the time it takes to build more homes by investing in e-permitting technology and help communities streamline the planning process.

Work with municipalities to identify vacant or underused property that should be converted to housing on the principle of use it or lose it.

Forward. For Everyone., retrieved 2021-09-02

Permanently increase funding to the National Housing Co-investment fund by a total of $2.7 billion over 4 years, more than double its current allocation.

These extra funds will be dedicated to helping affordable housing providers acquire land and buildings to build and preserve more units, extending the model of co-operative housing to new communities, accelerating critical repairs so that housing supply remains affordable and is not lost, and developing projects for vulnerable groups, such as women, youth, and persons with disabilities.

Forward. For Everyone., retrieved 2021-09-02

Double our existing Budget 2021 commitment to $600 million to support the conversion of empty office and retail space into market-based housing. We’ll convert space in the federal portfolio, and commercial buildings.

Work with municipalities to create a fast-track system for permits to allow faster conversion of existing buildings, helping maintain the vibrancy of urban communities.

Forward. For Everyone., retrieved 2021-09-02

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Conservative

  • Use infrastructure investments, such as transit, to increase housing supply.
  • Release at least 15% of the government's real estate portfolio for housing.
  • Incent landowners to donate property to Land Trusts for affordable housing.

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• Leverage federal infrastructure investments to increase housing supply. We will:

° Build public transit infrastructure that connects homes and jobs by bringing public transit to where people are buying homes; and

° Require municipalities receiving federal funding for public transit to increase density near the funded transit;

• Review the extensive real estate portfolio of the federal government – the largest property owner in the country with over 37,000 buildings – and release at least 15% for housing while improving the Federal Lands Initiative;

• Incent developers to build the housing Canadians both want and need, by:

° Encouraging Canadians to invest in rental housing by extending the ability to defer capital gains tax when selling a rental property and reinvesting in rental housing, something that is currently excluded; and

° Exploring converting unneeded office space to housing.

• Continue the Conservative commitment to Reconciliation with Canada’s Indigenous Peoples by enacting a “For Indigenous, By Indigenous” strategy – long called for by Indigenous housing advocates, who have been ignored by this Liberal government;

° Canada’s Conservatives are committed to putting a stop to federal paternalism and instead partnering with Indigenous communities and empowering Indigenous Peoples with the autonomy to meet their own housing needs.

• Enhance the viability of using Community Land Trusts for affordable housing by creating an incentive for corporations and private landowners to donate property to Land Trusts for the development of affordable housing.

° The incentive will mirror that which exists for donating land to ecological reserves.

Canada's Recovery Plan, retrieved 2021-08-18

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We don't have any Bloc policies on Housing Supply.

NDP

  • Create 500,000 affordable housing units, or more, over the next 10 years, with half done in the next 5 years.
  • Set up dedicated "fast-start funds" for building co-op, social, and non-profit housing.
  • Provide federal land for housing projects.
  • Waive GST/HST on construction of affordable rental units.

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That’s why a New Democrat government will create at least 500,000 units of quality, affordable housing in the next ten years, with half of that done within five years. This will be achieved with the right mix of effective measures that work in partnership with provinces and municipalities, build capacity for social, community, and affordable housing providers, to provide rental support for co-ops, and meet environmental energy efficiency goals. This ambitious plan will create thousands of jobs in communities all across the country, jump-starting the economic recovery, and helping Canadians get the affordable housing they need.

In order to kick-start the construction of co- ops, social and non-profit housing and break the logjam that has prevented these groups from accessing housing funding, we will set up dedicated fast-start funds to streamline the application process and help communities get the expertise and assistance they need to get projects off the ground now, not years from now. We’ll mobilize federal resources and lands for these projects, turning unused and under-used properties into vibrant new communities.

A New Democrat government will also spur the construction of affordable homes by waiving the federal portion of the GST/HST on the construction of new affordable rental units – a simple change that will help get new units built faster and keep them affordable for the long term.

Ready for Better, retrieved 2021-08-27

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Green

  • Update the formula for defining affordable housing, accounting for regional variance.
  • Fund non-profit & co-op purchasing of existing buildings.
  • Expand the Rapid Housing Initiative.
  • Invest in building & operating 50K supportive housing units over 10 years.
  • Build & acquire 300K units of coop & non-profit housing over 10 years.
  • Create a Co-op Housing Strategy.
  • Refocus CMHC on supporting affordable, non-market, & co-op housing.
  • Appoint a Minister of Housing.

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● Protect the existing stock of affordable housing by funding the purchase of buildings by non-profit and cooperative affordable housing organizations.

● Expand the Rapid Housing Initiative to bring new affordable and supportive housing onstream without delay. With this expansion, more quality projects with funding and agreements already in place can quickly become affordable or supportive housing.

● Invest in construction and operation of 50,000 supportive housing units over 10 years.

● Build and acquire a minimum of 300,000 units of deeply affordable non-market, co-op and non-profit housing over a decade.

● Create a Canada Co-op Housing Strategy and update the mechanisms for financing co-op housing, in partnership with CMHC, co-op societies, credit unions and other lenders.

● Require covenants to ensure that subsidized construction remains affordable over the long term

● Restore quality, energy efficient housing for seniors, people with special needs and low-income families, by providing financing to non-profit housing organizations, cooperatives, and social housing to build and restore quality and affordable housing.

● Implement integrated housing, so that everyone can afford to live in the communities in which they work and under quality conditions. Restore tax incentives for building purpose-built rental housing, and provide tax credits for gifts of lands, or of land and buildings, to community land trusts to provide affordable housing.

● Remove the “deemed” GST whenever a developer with empty condo units places them on the market as rentals.

● Re-focus the core mandate of Canada Mortgage and Housing Corporation (CMHC) on supporting the development of affordable, non-market and cooperative housing, as opposed to its current priority of supporting Canadian lenders to de-risk investment in housing ownership. With many housing markets demonstrably overvalued, and home ownership rates among the highest in the world, individual home ownership should not be the preoccupation of a public service housing agency and a national housing strategy.

● Appoint a Minister of Housing to meet the needs of affordable housing that are unique to each province, oversee its implementation in collaboration with provincial ministers, and build on other aspects of the housing and homelessness crisis in Canada to tackle these issues.

Be Daring., retrieved 2021-09-11

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Looking for the parties' positions on other topics?

See our full 2021 Canadian election platform comparison