Canada Cuts Housing Budget 56% Despite Crisis, Defunds CMHC: PBO
The Canadian Parliament’s non-partisan, independent budget watchdog just gave a reality check for the latest housing plan. The Parliamentary Budget Officer’s (PBO) latest report warns despite ballooning deficits, Ottawa is slated to slash funding for housing by 56% in the coming years. They expressed direct concern for the CMHC, where planned cuts will impact its […]
