Calling it ”the most comprehensive and ambitious housing plan ever seen in Canada,” Prime Minister Justin Trudeau laid out the latest strategy to tackle affordability challenges faced by Canadians dreaming to own a place or those facing soaring rents.

”It’s a plan to building housing, including for renters, on a scale not seen in generations.

We’re talking about almost 3.9-million homes by 2031,” adds Trudeau.

 

Highlights of this strategy includes plans for Ottawa to lease and build on underused public lands to make housing more available and affordable.

”Housing prices have made cities and a lot of other places out of reach for young people, including millennials and Gen Z. Young people deserve the same freedoms, choices and opportunities that their parents and grandparents had. We need to make sure we’re building a future that is fair for every generation.”

Cost of the plan’s expected to be in next Tuesday’s budget.