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Canada Offers Cities Money to Spur Home Building
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Overview
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The Canadian government is offering a multibillion-dollar fund to cities to encourage the construction of additional housing units and ease zoning restrictions. This initiative aims to address the acute housing shortage and rising rents, particularly impacting young Canadians. However, it conflicts with the preferences of existing homeowners.
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How can the government address the concerns of existing homeowners while still addressing the housing shortage?
How will the housing shortage impact the Canadian economy?
What are the potential benefits and drawbacks of the government's initiative?
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