HUMA Committee Report
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List of Recommendations
As a result of their deliberations committees may make recommendations which they include in their reports for the consideration of the House of Commons or the Government. Recommendations related to this study are listed below.
Recommendation 1
That the Government of Canada, as soon as possible and in partnership and cooperation with the provinces and territories, develop an acquisition fund to be made available to non-profit and cooperative housing organizations and governments to preserve and expand affordable housing stock.
Recommendation 2
That the Canada Mortgage and Housing Corporation work with provincial and territorial partners to increase the amount of capital funding available to non-profit and public housing providers, with the goal of boosting the affordable housing supply as quickly as possible.
Recommendation 3
That the Canada Mortgage and Housing Corporation increase requirements relating to the level and duration of affordability for funding delivered through National Housing Strategy programs.
Recommendation 4
That the Government of Canada examine the social and economic costs and benefits of the current tax treatment of Real Estate Investment Trusts (REITs) and assess the option of taxing REITs like other corporations, including the potential impact on the supply of affordable rental housing, as well as rental housing as a whole. That it design tax treatment options to ensure it encourages creating new affordable housing units.
Recommendation 5
That the Government of Canada implement tax measures to incentivize private sector and non-profit investment in the construction of affordable rental housing, including through tools such as, but not limited to, tax credits, tax exemptions or deferrals.
Recommendation 6
That the Government of Canada immediately investigate providing tenant support resources to municipalities, provinces and non-profit tenant support stakeholders to address eviction and affordability matters for those residing in private market rental housing.
Recommendation 7
That the Government of Canada assess the current suite of federal benefits supporting low-income renters to ensure they have the income supports they need, including through the Canada Housing Benefit.
Recommendation 8
That the Government of Canada strengthen reporting requirements for the beneficial ownership of property, including by proceeding with the implementation of a publicly available beneficial ownership registry as soon is feasible, in partnership with the provinces and territories.