The leader of the Federal NDP says if elected his party will turn the clock back on government funding for social housing. Tom Mulcair, in Vancouver today, promised to return government to the business of housing Canadians.
“We want to make sure the federal government plays overall a far more active role. We’ve stopped that more than 20 years ago, and it’s having a catastrophic effect. There’s a lot of insecurity right now with a lot of the co-op and social housing that was built back then because that money is drying up.”
Mulcair wouldn’t say how much money the NDP would put into social housing — but did promise to work with the CMHC to create 10,000 rental units.
But Vancouverites looking to get into the real estate market might be disappointed. Mulcair steered clear of promising any help to first time home buyers. He also said the NDP won’t wade into the debate over foreign ownership in B.C.
“No, that’s not part of my plan. Provinces sometimes have rules on that, but an NDP federal government would be looking to build affordable rental housing, which usually means you’re talking about someone who’s going to live there.”
Mulcair also said the NDP would earmark $5.7-billion for transit and infrastructure in the Lower Mainland, and that his his party would create a federal ministry for urban issues.