Is $6 Billion Enough? | It's The Feds vs. The Provinces as We Tackle Canada's Housing Crisis
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In this episode, we have a look at the Canadian federal government's launch of a multi-billion dollar fund aimed at addressing the nation's housing crisis, a move announced by Prime Minister Justin Trudeau. This fund, contingent on provinces allowing more flexible zoning for housing developments, has met with resistance, sparking a debate over jurisdiction and the best methods to tackle Canada's housing challenges.
Also in this episode:
📈 According to a Bank of Canada report, signs of optimism are emerging in Canada's business and consumer outlook for 2024, despite ongoing high-interest rate challenges.
🏦 Deloitte Canada's latest report suggests a cautious optimism that Canada might avoid a recession, with a recovery expected in the latter half of the year.
🏭 General Electric finalizes its split into three independent companies, marking the end of an era for the once sprawling conglomerate.
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