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Singh pledges $5,000 home rental subsidy to help up to 500,000 families

Last Updated Sep 26, 2019 at 11:55 am PDT

FILE - NDP Leader Jagmeet Singh attends a news conference presenting a new candidate in Montreal on Thursday, Sept. 5, 2019. THE CANADIAN PRESS/Paul Chiasson

The federal NDP is promising to provide a rental subsidy for nearly 500,000 families

Jagmeet Singh says there is a massive housing affordability crisis across the country

CAMPBELL RIVER, B.C. – Federal NDP Leader Jagmeet Singh says, if elected, he would offer rental subsidies of up to $5,000 each to provide immediate help for families struggling to pay for housing.

Speaking to reporters on British Columbia’s Vancouver Island, Singh said Thursday morning that a New Democrat government would build half-a-million affordable houses across the country over the next decade.

RELATED: Vancouver needs to build over 20,000 rental units over next two years to meet predicted demand: report

But he said people need help right now, and that’s why the NDP is also promising to provide a rental subsidy.

“To help out nearly 500,000 families with up to $5,000 in support each year,” he said.

Singh added there’s a massive crisis across Canada as people struggle to afford housing. He also argued it’s not just a problem in big cities, but a major concern in smaller communities as well.

Singh made the announcement at a construction site in Campbell River, B.C.