Inicio Mortgage New housing minister says he’ll ‘leverage’ previous as Vancouver mayor in function

New housing minister says he’ll ‘leverage’ previous as Vancouver mayor in function

0
New housing minister says he’ll ‘leverage’ previous as Vancouver mayor in function



By Craig Lord

Canada’s new housing minister says he didn’t have the instruments he wanted to deal with housing affordability points when he was mayor of Vancouver — the nation’s costliest housing market.

Gregor Robertson confronted questions on his report on housing affordability from reporters forward of his first cupboard assembly on Wednesday, a day after he was sworn in as Mark Carney’s housing minister.

“I’m right here to leverage my historical past as a mayor. I do know what works on the bottom,” Robertson stated.

Knowledge from Better Vancouver Realtors reveals that the value of a benchmark residence within the area greater than doubled throughout Robertson’s time as mayor from December 2008 to November 2018.

Robertson argued that many cities throughout Canada noticed related surges throughout that interval.

Over the identical interval, the nationwide benchmark residence worth rose by 78 per cent, information from the Canadian Actual Property Affiliation reveals.

Robertson additionally stated he “wasn’t getting the assistance” he wanted from increased ranges of presidency when he was mayor, however stated the Liberals’ housing accelerator fund — money put aside for cities who decrease obstacles to residence building — is one program that he thinks will assist to deal with affordability considerations.

The Canadian Press requested Robertson if he felt residence costs wanted to go down to revive affordability.

“No, I feel that we have to ship extra provide, make sure that the market is secure,” he stated. 

Carney was requested the identical query Tuesday, and stated whereas there are some issues Ottawa can do to assist with affordability comparable to chopping the GST on new builds for first-time patrons, he additionally stated the long-term answer was boosting provide.

He stated that Robertson’s expertise will assist the federal authorities perceive higher how you can get municipalities to chop prices and regulation impeding building.

Conservative Chief Pierre Poilievre on Tuesday attacked Carney’s choice to nominate Robertson to the housing file.

“If that is the brand new blood that Mr. Carney is bringing into the cupboard, then sadly for Canadians, nothing goes to vary,” he stated.

Robertson stated that there’s a “big scarcity” of reasonably priced housing in Canada with an absence of presidency efforts to-date in bringing these models to market.

Throughout the marketing campaign, the Liberals pledged to create a brand new company to develop reasonably priced housing and promised funding to streamline homebuilding by means of applied sciences comparable to prefabricated houses.

That will come alongside efforts to get cities to chop improvement costs in half and plans to revive immigration charges to “sustainable” ranges.

Robertson stated the federal authorities’s objectives to double the tempo of residence building are “very bold” and can take years to “scale up,” however struck an optimistic tone.

“We’ve obtained a whole lot of work to do on this and it doesn’t occur in a single day. Housing is a slow-moving creature and we’ve obtained to do every part we are able to to hurry it up,” he stated.

Visited 57 instances, 2 go to(s) in the present day

Final modified: Could 14, 2025

DEJA UNA RESPUESTA

Por favor ingrese su comentario!
Por favor ingrese su nombre aquí