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HomeWealth ManagementHousing disaster: Canada's prime financial menace

Housing disaster: Canada’s prime financial menace

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The housing disaster’s influence on companies and their capability to draw expert staff has been a rising concern, as echoed by a report from the Ontario Chamber of Commerce final 12 months.

To handle this subject, almost 90 % of the companies surveyed expressed a need for elevated public-private collaboration.

“How can we work bringing all stakeholders, that being governments, not-for-profit organizations and the group and the personal sector collectively, to seek out options to develop new fashions to ship housing,” Charest stated, reflecting the robust name for cooperative options recognized within the survey.

Whereas the federal authorities has initiated a number of funding help measures for different authorities ranges and launched incentives like a GST rebate for rental housing building, its direct affect over housing stays restricted.

Efforts embrace linking federal funding to provincial and municipal methods that might improve housing provide.

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