Housing Minister Sean Fraser says Canada needs to look at innovative ways to build more homes, including more factory-built homes.
later Wednesday that is going to be the start of a series of measures to get more homes built.
Amid rising interest rates, housing is expected to be the main issue facing parliamentarians as they return to Ottawa on Monday. Fraser said there is no single, silver bullet solution to the current housing crisis but added it will take collaboration with all levels of government, the non-profit and private sectors.“We’re going to need to advance measures that are going to help change the financial equation for builders who are dealing with a lot of projects that are actually approved but then put on pause because of a higher interest rate environment,” Fraser said.
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