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Greens Stun Labour in Historic Gorton & Denton Upset

  The Green Party's Hannah Spencer joyous after the results of the Gorton and Denton by-election were announced Prime Minister Keir Starmer has been dealt a significant political setback after the Green Party captured Gorton and Denton, a Greater Manchester seat Labour had held for nearly a century. The by‑election result pushed Labour into third place, behind both the Greens and Reform UK, highlighting growing fractures in Britain’s traditional two‑party landscape. Green candidate Hannah Spencer secured the victory with a commanding share of the vote, marking the party’s first parliamentary by‑election win in northern England. Reform UK finished second, while Labour’s unusually weak performance intensified pressure on Starmer amid ongoing political turbulence and calls for stronger leadership.  The loss of such a long‑standing Labour stronghold underscores shifting voter sentiment and raises questions about the party’s ability to maintain its traditional base. Analysts have...
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Trudeau Announces $15 Billion Boost to Housing Program

 

Prime Minister Justin Trudeau has unveiled plans for a $15 billion increase to the Apartment Construction Loan Program (ACLP) as part of Budget 2024. This significant boost aims to construct a minimum of 30,000 new apartments across Canada.

As part of this announcement, the Prime Minister also introduced the Canada Builds program. This initiative will partner with provinces and territories to build rental housing, providing federal financing under certain conditions. These conditions include complementing federal funding with their own investments, utilizing government, non-profit, community-owned, and vacant lands, and streamlining development approval timelines to no longer than 18 months.

The Apartment Construction Loan Program, launched in 2017, has already committed over $18 billion in loans to support the creation of more than 48,000 new rental homes. With this top-up, the program’s financing is now on track to build over 131,000 new apartments within the next decade. Reforms announced alongside this boost include extending loan terms and broadening access to financing for housing aimed at students and seniors.

This move represents a significant step toward addressing Canada’s housing challenges and ensuring affordable housing options for citizens. As the country continues to grow, initiatives like the ACLP play a crucial role in meeting the housing needs of Canadians.


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