As he recently told Playbook, Fraser feels the urgency. SUPPLY, SUPPLY, SUPPLY - Housing Minister SEAN FRASER has the job that could make or break his government. Sign up today to be notified of the first episodes in September – click here. POLITICO’s brand-new podcast will host conversations with the leaders and power players shaping the biggest ideas and driving the global conversations, moderated by award-winning journalist Anne McElvoy. It’s free!Įnter the “room where it happens”, where global power players shape policy and politics, with Power Play. A popular extension of a small-business loan program (with some grumbles).ĭid someone forward Ottawa Playbook your way? Click here to sign up for your own edition. In sum: A popular tax change that will make it easier to build rental housing. Did indebted entrepreneurs across the nation sigh in relief? Not according to the CFIB, which said the extension was “not enough” for businesses struggling to repay.
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The loans were due to be paid in full by the end of the year. → Small business: For months, the Canadian Federation for Independent Business had practically begged Ottawa for a repayment extension on federal pandemic loans known as the Canada Emergency Business Account. Here’s some food for thought: Maru Public Opinion reported in July that 39 percent of Canadians blame grocery chains and food outlets for high prices.Ī Bank of Canada report in August poured cold water on the so-called “greedflation” narrative: “The fact that markup growth was not aligned with the dynamics of inflation indicates that the recent rise in inflation was driven primarily by changes in costs rather than by firms leveraging their market power to increase prices.” Trudeau also teed up changes to the Competition Act that would allow Ottawa to compel grocers to provide data for market studies and tighten the rules on mergers deemed anti-competitive. The announcement came with a threat: “We are also looking at all tools at our disposal, and we are not ruling out the use of tax measures, in order to restore the grocery price stability that Canadians expect.” The feds are hauling the major players to Ottawa for a meeting, where Champagne will demand a plan to lower prices. → Groceries: The PM pinned the blame for frustratingly high grocery prices on the companies that sell them, complaining that large grocers have raked in cash as families “are struggling to put food on their tables.” If that sounds vaguely familiar, take another look at Poilievre’s housing plan: “Require cities seeking federal funds pre-approve building permits for high-density housing and employment on all available land surrounding transit stations.” Ottawa will also “require local governments to end exclusionary zoning and encourage building apartments near public transit” as a means of unlocking federal funding. and Newfoundland and Labrador - three provinces where, coincidentally, Team Trudeau is particularly vulnerable in the polls. Fraser said he’d already heard commitments from Ontario, B.C.
Trudeau asked premiers to eliminate their own sales taxes from the same construction projects. → Housing: The Liberals will remove the GST from purpose-built rental housing construction, an idea hatched in 2015 but later abandoned because “research and evidence” favored a low-interest loan program as an incentive for homebuilders.Įconomists, housing advocates and homebuilders rejoiced. Trudeau brought an armful to the podium in a choreographed sequence that showcased a pair of high-profile ministers in SEAN FRASER and FRANÇOIS-PHILIPPE CHAMPAGNE. Pundits demanded deliverables, perhaps the cringiest euphemism in politics.
Abacus Data said Thursday that barely more than one-fourth of respondents approve of the PM’s performance. This time with feeling: Every political analyst in the country was looking to Trudeau to do something, anything, to respond to drooping polls. By the time the caucus stood behind the surprisingly energetic PM - when did this man have time to get over jet lag? - they were ready to clap. “Frank” was the adjective of the day in Averagetown, Canada. They reportedly hashed it all out behind closed doors. Liberal MPs were said to be anxious about three Ps: PIERRE POILIEVRE and the polls. WHAT’S OLD IS NEW - JUSTIN TRUDEAU‘s caucus roared in appreciation as the prime minister re-announced a housing measure pitched by the Liberals eight years ago and rejected halfway through the prime minister’s first term.Īll the buzz before the Liberal caucus retreat in London, Ont., a city once described by Reader’s Digest as the most average place in Canada, was about the grumbling.
Prime Minister Justin Trudeau re-announced a housing measure first pitched by the Liberals eight years ago.
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