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House Hansard - 300

44th Parl. 1st Sess.
April 16, 2024 10:00AM
Context: House Hansard - 300 - Apr/16/24
Hon. Sean Fraser (Minister of Housing, Infrastructure and Communities, Lib.)
  • Apr/16/24 3:12:54 p.m.
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Mr. Speaker, as we move down a path of increasing investments to build more affordable housing, we have to acknowledge the very real challenge that exists when affordable housing that is already in communities is snapped up for the purpose of renovicting those who live in it. That is why we are moving forward with a Canadian first, a new acquisition fund that is going to help non-profits buy up existing low-cost rentals so they can keep them affordable in perpetuity. This is a new direction that is going to help many thousands of Canadians not just find a place to call home, but to keep a place to call home that they can actually afford.
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