Canadian Federal Election Focuses on Housing as Leaders Unveil Competing Plans
Mark Carney's Liberals propose doubling housing construction, while the NDP and Conservatives outline distinct affordability and infrastructure strategies.
- Mark Carney unveiled the Liberal Party's housing platform, pledging to double residential construction to 500,000 homes annually over the next decade.
- The Liberals plan to create 'Build Canada Homes,' a federal agency to oversee affordable housing construction and streamline development processes.
- Jagmeet Singh's NDP proposed retrofitting 3.3 million homes, including free energy-saving upgrades for 2.3 million low-income households, funded by cutting oil and gas subsidies.
- Pierre Poilievre's Conservatives pledged to waive GST on new homes under $1.3 million and establish a national energy corridor to fast-track infrastructure projects.
- The election is taking place against the backdrop of escalating U.S.-Canada trade tensions, with new tariffs from the Trump administration expected later this week.