By Amina Dibe/RESCON
On Sept. 20, Justin Trudeau and the Liberals secured a third term as prime minister and governing party, respectively. The election period was the shortest permissible at 36 days. Trudeau requested the dissolution of Parliament in hopes he could secure a majority government.
Trudeau and the Liberal Party fell short of a majority, winning just one more seat than they did during the 2019 election and securing 32.2 per cent of the popular vote.
The Liberal Party holds 156 seats and maintained its control of most of the GTA.
The Conservative Party secured 121 seats and remain the Official Opposition.
RESCON is eager to work with the federal government to continue to push for policies that accelerate housing supply and improve immigration pathways for people who work in/want to work in construction in Ontario.
Following are the key policies that the Liberals pledged, and which RESCON will be fully engaged in to ensure full implementation:
PLEDGE: Speed up housing construction through a $4-billion Housing Accelerator Fund. This application-based fund will offer support to municipalities that:
- grow housing supply faster than their historical average;
- increase densification;
- speed-up approval times;
- tackle NIMBYism and establish inclusionary zoning bylaws; and
- encourage public transit-oriented development.
This fund will support a wide range of eligible municipal investments, including red tape reduction efforts, and reward cities and communities that build more homes, faster.
PLEDGE: Help speed up the time it takes to build more homes by investing in e-permitting technology and help communities streamline the planning process.
PLEDGE: Build, preserve, or repair 1.4 million homes in the next four years.
Immigration & Labour Supply
PLEDGE: Amend the Immigration and Refugee Protection Act to give the minister the authority to help select permanent resident candidates who best meet the needs of the labour market.
PLEDGE: Establish a Trusted Employer system to streamline the application process for Canadian companies hiring temporary foreign workers to fill labour shortages that can not be filled by Canadian workers.
PLEDGE: Introduce a new Labour Mobility Tax Credit to allow workers in the building and construction trades to deduct up to $4,000 in eligible travel and temporary relocation expenses, giving them a tax credit of up to $600 a year.
We expect Trudeau to shuffle his cabinet within the next month – which means there will be new ministers in place to build relationships with.
Meanwhile, RESCON’s planning for a housing supply summit, and we are hoping to have federal leaders participate and share their implementation plans.