Should home prices go down? ’No,’ says Canada’s new housing minister
Global News
Gregor Robertson, the former Vancouver mayor, was sworn in as housing minister in Prime Minister Mark Carney’s new cabinet on Tuesday.
Higher housing supply, not lowering home prices, are the solution for Canada’s housing crisis, Canada’s new housing minister said on Wednesday.
Gregor Robertson, the former Vancouver mayor who was sworn in as housing minister in Prime Minister Mark Carney’s new cabinet on Tuesday, attended the first meeting of the new cabinet on Wednesday.
When asked by reporters if he thinks home prices need to go down, he told reporters: “No, I think that we need to deliver more supply, make sure the market is stable.”
Robertson said his work as housing minister will focus on building up supply of affordable housing in Canada.
“We need to be delivering more affordable housing. The Government of Canada has not been building affordable housing since the ’90s and we’ve created a huge shortage across Canada,” he said.
“That’s where the big need is right now and I’m very encouraged that the prime minister and our commitment right now in government is to double construction and focus on the affordable side.”
Conservative Leader Pierre Poilievre on Tuesday had blamed Robertson for high home prices in Vancouver.
“If this is the new blood that Mr. Carney is bringing into that cabinet, then sadly for Canadians, nothing is going to change and the role of the Conservative Party will be more important than ever,” Poilievre said.
In a post on his LinkedIn account, Simon Donner says he resigned on Tuesday and he is grateful for the opportunity to help shape climate policy in Canada.
The development charges can vary greatly from city to city, the Canada Mortgage and Housing Corporation report found.
The three leaders will be in Washington, D.C., for the FIFA World Cup draw, marking the first time they will be in the same room together.
Flu season has arrived early, with CHEO reporting eight times more cases than last year as hospitals warn of rising infections among children and seniors.
Nova Scotia’s largest utility is responding to a stinging letter from Premier Tim Houston by insisting it hasn't broken any laws.
A British Columbia Liberal MP said Prime Minister Mark Carney "will have to answer" questions on why he reversed a budget commitment on tax credits in Alberta energy deal.
AFN Chief Cindy Woodhouse Nepinak has said Budget 2025 failed First Nations because it did not include more infrastructure funding and educational resources for their communities.
Conservation officers in B.C. say they've captured four more grizzly bears that are being tested to determine if they were involved in an attack on a school group last month.
Joshua Wright says a yellow cedar tree he photographed last year was "incredible," the largest he'd ever seen in a decade of hiking around Vancouver Island.
Canadians could face grocery bills up to $1,000 higher in 2026 as food prices rise 4-6 per cent, with restaurants and meat seeing the biggest jumps.
Despite a growing homelessness problem in the South Okanagan city, council voted 4-2 against the project and the millions of provincial dollars that would come along with it.
Artificial Intelligence Minister Evan Solomon told a House of Commons committee the updated strategy will come next year, after saying in the fall it would come this year.
Reports emerged this week of U.S. government procurement plans to order 20 Senator vehicles for its ICE officers, a move worth roughly $10 million.