[homeles_ot-l] Bill C-304: Canada needs national housing strategy - WI submission

[Lynne Browne]

An excellent 4 page submission from The Wellesley Institute (testimony to
the Commons HUMA committee as it considers Bill C-304)

 

Where are the clear goals and objectives and the accountability for use of
public funds? 

 

Quite a difference in funds for affordable housing compared to home
ownership. 

 

During the current fiscal year, the federal government reports it will
invest $3.57 billion in direct spending on affordable housing. These
investments include: 

 


Housing program expenses 

$2,247,000,000 


Affordable housing initiative 

$164,000,000 


Homelessness Partnering Strategy 

$134,800,000 


Renovation of social housing 

$500,000,000 


Housing for low-income seniors 

$200,000,000 


Housing for persons with disabilities 

$25,000,000 


First Nations' housing 

$200,000,000 


Northern housing 

$100,000,000 


Total 

$3,570,800,000 

 

 

In addition, the federal government reports it will invest $13.9 billion in
housing-related tax expenditures. These tax expenditures include: 

 


Home renovation tax credit 

$2,500,000,000 


Various home buyers' tax subsidies 

$190,000,000 


Capital gains exemption for principal residence - full inclusion rate 

$11,235,000,000 


Total 

$13,925,000,000 

 

Lynne Browne

Coordinator, Alliance to End Homelessness (ATEH)

147 Besserer St., 2nd Floor, Ottawa, ON K1N 6A7

613-241-7913, ext. 205

www.endhomelessnessottawa.ca <http://www.endhomelessnessottawa.ca/> 

  _____  

From: hhno-on-owner at povnet.org [mailto:hhno-on-owner at povnet.org] On Behalf
Of Michael Shapcott
Sent: November 5, 2009 2:19 PM
To: Michael Shapcott
Subject: [hhno-on] WI submission on Bill C-304: Canada needs national
housing strategy

 

I heading off to Parliament Hill in a few minutes to provide testimony to
the Commons HUMA committee as it considers Bill C-304, the private member's
bill from Libby Davies that directs the federal housing minister to create a
new national housing plan within 180 days. The bill passed second reading
with the support of the NDP, Liberals, Bloc and a lone Conservative. Since
Parliament is so volatile, we're hoping that the draft legislation will get
through committee quickly and back for third and final reading, then on to
the Senate. 

 

Attached, please find my speaking notes for the committee session.

 

More to follow..

 

-          Michael

 

PS - The next federal-provincial-territorial housing ministers' meeting
remains a moving target. It was scheduled for Nov. 19 and 20, but now
appears to be pushed back to the first week in December. Still tentative.

 

 

***

 

Michael Shapcott | Director, Affordable Housing and Social Innovation |
Wellesley Institute 

45 Charles St E, Suite 101                    Tel: 416.972.1010 ext 231
Toronto, ON, Canada,  M4Y 1S2           Mobile: 416.605.8316  
E-mail:   michael at wellesleyinstitute.com

 

www.wellesleyinstitute.com

rigorous research. pragmatic policy solutions. social innovation. community
action.

 

 

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