Prime Minister Justin Trudeau says a new $1.5-billion housing fund will help non-profit organizations acquire more rental units across Canada and make sure they remain affordable. Prime Minister Justin Trudeau says a new $1.5-billion housing fund will help non-profit organizations acquire more rental units across Canada and make sure they remain affordable.
An existing rental protection fund in British Columbia is a good "proof of concept" for the initiative, Trudeau told a news conference in Winnipeg. Advocates in the social housing and non-profit space have been calling for a mechanism to help them buy up affordable rentals that might otherwise be sold off to investors.Prime Minister Justin Trudeau, who has been in power since 2015, was asked by CBC's Matt Galloway how much responsibility his government bears for a system many people — particularly young people — feel is stacked against them, especially when it comes to housing.