Many residents have been priced out of Canada’s housing market, but for a large number of Canadians, their house is a vital asset for retirement and passing on wealth

In case anyone still wants to somehow debate whether the Liberals will deliver affordable housing.

“Housing needs to retain its value,” Mr. Trudeau told The Globe and Mail’s City Space podcast. “It’s a huge part of people’s potential for retirement and future nest egg.”

  • rand_alpha19@moist.catsweat.com
    91·
    6 months ago

    So in 30 years when I need assisted living but was never able to afford a house, what am I supposed to do? Die in the street?

    • FireRetardant@lemmy.world
      4·
      6 months ago

      Our government really should have better programs to assist seniors and there should be non profit, government owned and operated assisted living available. Over 1 million seniors needed to use the new dental benefit so clearly there is an issue with how canada treats their seniors financially.

    • psvrh@lemmy.ca
      2·
      6 months ago

      Yes.

      Because by that point, the Boomers will have been soaked for trillions by the LTC industry. The investors will have already be rich and will have moved on to the next victim.