Freeland vows more action on housing if needed. What have the feds done so far? - National | Globalnews.ca

Freeland vows more action on housing if needed. What have the feds done so far?

The average rent for all Canadian properties was $1,885 monthly in June, according to Rentals.ca, an increase of 9.5 per cent annually.The Liberal government has made a number of promises aimed at tackling the housing affordability issue. Here’s where those pledges stand.The 2022 budget outlined plans to create a new Tax-Free First Home Savings Account to help Canadians struggling to get into the housing market save for the cost of a down payment.

While the government is forging ahead with its plan to create the new savings account, the new tool won’t be available until next year, according to the government.

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