Central Nova MP Sean Fraser says a key focus in the federal government’s recent Fall Economic statement deals with a key priority, housing.
Fraser, who is also the federal housing minister, says the Fall Economic Statement offers a snapshot of the fiscal picture facing the federal government and to advance measures on key priorities. He says the main priority this year is housing.
Fraser says there’s also a recapitalization of $1 billion in grants for affordable housing for low income families.
Fraser says as well, there’s reforms around mortgages. There’s a new mortgage charter that outlines services financial institutions provide to help customers dealing with the rising cost of a mortgage by potentially spreading it out over time, or switch borrowers as the mortgage comes up for renewal so there’s more competition in the market
