{"id":249025,"date":"2023-09-11T14:00:02","date_gmt":"2023-09-11T14:00:02","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=249025"},"modified":"2023-09-11T11:05:49","modified_gmt":"2023-09-11T11:05:49","slug":"canadas-housing-minister-explores-measures-to-alleviate-housing-crisis","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/","title":{"rendered":"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"https:\/\/www.bnreport.com\/en\/\"><strong>BNR<\/strong> <\/a>&#8211; Canada\u2019s Housing Minister, Sean Fraser, is actively exploring a set of measures aimed at solving the housing crisis.<\/p>\n<p style=\"text-align: justify;\">\u201cThere\u2019s a range [of incentives] that we\u2019re considering right now,\u201d Fraser said in an interview. \u201cSome could include potential tax incentives for builders to build. Some could include other low-cost financing arrangements.\u201d<\/p>\n<p style=\"text-align: justify;\">Among the considered strategies, Fraser is contemplating the elimination of the Goods and Services Tax (<a href=\"https:\/\/www.canada.ca\/en\/revenue-agency\/services\/tax\/businesses\/topics\/gst-hst-businesses\/charge-collect-which-rate.html#:~:text=The%20current%20rates%20are%3A,Scotia%2C%20and%20Prince%20Edward%20Island\">GST<\/a>) on affordable housing projects.<\/p>\n<p style=\"text-align: justify;\">Additionally, he is assessing the possibility of designating federal lands for the development of rental housing, according to a report.<\/p>\n<h1 style=\"text-align: left;\"><strong>Efforts to Expedite Construction<\/strong><\/h1>\n<p style=\"text-align: justify;\">The overarching objectives outlined by Fraser involve expediting the utilisation of funds previously earmarked for existing programmes.<\/p>\n<p style=\"text-align: justify;\">This ensured Canada could effectively harness its construction workforce and provide support to relatively underdeveloped sectors, such as factory-built homes.<\/p>\n<h2 style=\"text-align: left;\"><strong>Migrants and International Students Exacerbate Housing Crisis<\/strong><\/h2>\n<p style=\"text-align: justify;\">Canada finds itself caught in a housing affordability crisis, exacerbated by a surge in migrants and international students.<\/p>\n<p style=\"text-align: justify;\">This led to heightened demand for housing, just as mounting costs have curtailed construction activities.<\/p>\n<p style=\"text-align: justify;\">The unforeseen contraction of the economy in Q2 was primarily attributed to declines in housing investment and reduced inventory accumulation.<\/p>\n<p style=\"text-align: justify;\">Furthermore, the diminished international exports and household expenditures also had an impact.<\/p>\n<p style=\"text-align: justify;\">The urgency of addressing the housing crisis has become even more pronounced in the face of these economic challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNR &#8211; Canada\u2019s Housing Minister, Sean Fraser, is actively exploring a set of measures aimed at solving the housing crisis. \u201cThere\u2019s a range [of incentives] that we\u2019re considering right now,\u201d Fraser said in an interview. \u201cSome could include potential tax incentives for builders to build. Some could include other low-cost financing arrangements.\u201d Among the considered [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":249026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[207],"tags":[235,278,12538,12537],"class_list":["post-249025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-canada","tag-featured","tag-houses","tag-housing-crisis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis - Business News Report<\/title>\n<meta name=\"description\" content=\"BNR - Canada\u2019s Housing Minister, Sean Fraser, is actively exploring a set of measures aimed at solving the housing crisis.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis - Business News Report\" \/>\n<meta property=\"og:description\" content=\"BNR - Canada\u2019s Housing Minister, Sean Fraser, is actively exploring a set of measures aimed at solving the housing crisis.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-11T14:00:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/housing-crisis.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis\",\"datePublished\":\"2023-09-11T14:00:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/\"},\"wordCount\":237,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/housing-crisis.jpg\",\"keywords\":[\"Canada\",\"Featured\",\"houses\",\"Housing Crisis\"],\"articleSection\":[\"World\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/\",\"name\":\"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/housing-crisis.jpg\",\"datePublished\":\"2023-09-11T14:00:02+00:00\",\"description\":\"BNR - Canada\u2019s Housing Minister, Sean Fraser, is actively exploring a set of measures aimed at solving the housing crisis.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/housing-crisis.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/housing-crisis.jpg\",\"width\":1200,\"height\":800,\"caption\":\"Housing Crisis\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis - Business News Report","description":"BNR - Canada\u2019s Housing Minister, Sean Fraser, is actively exploring a set of measures aimed at solving the housing crisis.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/","og_locale":"en_US","og_type":"article","og_title":"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis - Business News Report","og_description":"BNR - Canada\u2019s Housing Minister, Sean Fraser, is actively exploring a set of measures aimed at solving the housing crisis.","og_url":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2023-09-11T14:00:02+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/housing-crisis.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis","datePublished":"2023-09-11T14:00:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/"},"wordCount":237,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/housing-crisis.jpg","keywords":["Canada","Featured","houses","Housing Crisis"],"articleSection":["World"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/","url":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/","name":"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/housing-crisis.jpg","datePublished":"2023-09-11T14:00:02+00:00","description":"BNR - Canada\u2019s Housing Minister, Sean Fraser, is actively exploring a set of measures aimed at solving the housing crisis.","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/housing-crisis.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2023\/09\/housing-crisis.jpg","width":1200,"height":800,"caption":"Housing Crisis"},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/canadas-housing-minister-explores-measures-to-alleviate-housing-crisis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Canada\u2019s Housing Minister Explores Measures to Alleviate Housing Crisis"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/249025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=249025"}],"version-history":[{"count":1,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/249025\/revisions"}],"predecessor-version":[{"id":249029,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/249025\/revisions\/249029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/249026"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=249025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=249025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=249025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}