One-on-one with Canada's housing minister: Lack of affordability a 'crisis' and an 'opportunity'

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One-on-one with Canada's housing minister: Lack of affordability a 'crisis' and an 'opportunity'
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As cabinet ministers convene in P.E.I. for a series of meetings largely focused on housing, the federal minister overseeing the file admits a lack of affordability has reached a crisis level for many Canadians.

“We’ve certainly hit a crisis situation in particular for the families who are living with intense housing challenges,” Minister of Housing, Infrastructure and Communities Sean Fraser said in an interview on the sidelines of the cabinet retreat on Tuesday.

Fraser wouldn’t call the comments a mistake when asked, but did acknowledge Canadians want Ottawa to do more. Time is not on anyone’s side, though. The CMHC estimates Canada needs nearly six million new homes by 2030, which would require a tripling of the current rate of home building.“The politics of this has changed, you can just feel it in the air,” he said.

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