Calgary is facing a severe shortage of affordable housing as demand continues to outpace supply. Increasing the supply of affordable housing requires policy changes and public investment. The Federation of Canadian Municipalities (FCM) anticipates that a total of $1.5 billion in social housing dollars will be lost over the next five years as a result of expiring federal investments. It is essential that long-term federal funding remain in place to support municipalities in responding effectively to the housing and homelessness needs in their community.
Need for affordable housing
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Question: What policy changes will your party implement to increase the supply of affordable housing for all Canadians?
Question: Does your party support providing increased and sustained federal investment to increase the supply of new affordable housing and replace aging social housing assets?
Question: Does your party support amending the Income Tax Act to eliminate the capital gains tax on donations of real property to registered public charities for the purpose of providing perpetually affordable housing?
Question: Will your party support the FCM’s call for innovative tax incentives like the Rental Housing Protection Tax Credit to preserve existing rental units and promote construction of new rental units?