Home Builders Look Forward to Housing Policy Discussions with New Ministers
OTTAWA — November 4 - Canadian Home Builders' Association (CHBA) welcomed several new Ministers with housing-related portfolios.
"Housing and home ownership are central to the lives of Canadians," said CHBA CEO Kevin Lee. "Our home builder, developer and renovator members are keen to continue the discussion on housing affordability with the new government."
The new government already has plans to increase investment in municipal infrastructure and transit, modernize and index the RRSP Home Buyers' Plan, and encourage rental housing construction, all of which can support housing affordability. Given the importance of housing to Canadians, and the key role of the residential construction sector to the economy, CHBA will continue to seek measures to address affordability, jobs, and the underground economy.
"If all levels of government effectively implement smart policy to address housing affordability (that is market-based housing people can afford), it will reduce the demand for, and costs to government, of social housing (often referred to as affordable housing)," Lee said. "Creating an environment where more Canadians can afford market-based housing will enable those in the most urgent need that can't afford market-based housing on their own to be housed properly. CHBA members across the country look forward to working with these new Ministers, the entire cabinet, and all MPs to ensure that Canadians remain the best housed people in the world. Residential construction is a key economic element of every community in Canada, so we have important discussions to have with the MPs from every riding."