Freeland vows more action on housing if needed. What have the feds done so far? - National | Globalnews.ca

The average rent for all Canadian properties was $1,885 monthly in June, according to Rentals.ca, an increase of 9.5 per cent annually.The Liberal government has made a number of promises aimed at tackling the housing affordability issue. Here’s where those pledges stand.The 2022 budget outlined plans to create a new Tax-Free First Home Savings Account to help Canadians struggling to get into the housing market save for the cost of a down payment.

While the government is forging ahead with its plan to create the new savings account, the new tool won’t be available until next year, according to the government.

Federal and local governments should have acted before now. These paltry offerings are going to do little to nothing for those struggling to find affordable housing for their families

Patience pays off! WAIT!

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