The Canadian Press 06/06/2024 Housing Minister Sean Fraser announced the launch of a $1.5-billion co-operative housing development program that the federal government promised in its 2022 budget. Fraser was in Winnipeg on Thursday to announce the program, which Liberals touted as the largest federal investment in co-op housing in 30 years. The program is expected to build thousands of new homes by 2028, though the exact number will depend on where those homes are built. “The real reason that we want to invest in co-operative housing is not only so we can create a lower cost of rent today, but that affordability will be preserved for the long-term when profit is not entered into the equation,” Fraser said in an interview with The Canadian Press. Co-op housing is managed by…
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