Morning Update: Trudeau unveils housing funds for London, stays mum on broader plan

News Snapshot:

Good morning, Acknowledging that Canadians face a housing crisis, Prime Minister Justin Trudeau announced yesterday in London, Ont., the first federal cash to come from the Housing Accelerator Fund. The city will get $74-million to fast track the construction of 2,000 housing units within three years. Trudeau said the federal government would have more to say “very soon” about its plan to address housing affordability, but did not offer details and declined requests to respond to the Canada Mortgage and Housing Corporation’s report that there is a 3.45-million-unit shortfall in housing. The Liberals have repeatedly promised to do more to...